This class presents microeconomic theory and applications of consumer and producer behavior and welfare analysis at an intermediate level. In addition to standard competitive models, we study deviations due to externalities, asymmetric information, and imperfect rationality.
Autor, David. 14.03 Microeconomic Theory and Public Policy, Fall 2010. (Massachusetts Institute of Technology: MIT OpenCourseWare),http://ocw.mit.edu (Accessed 30 Jul, 2012). License: Creative Commons BY-NC-SA