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Principles of Microeconomics - Lecture 8

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Lecture 8 - Introduction to Producer Theory

As we've already learned, consumers gain utility from buying goods—but every good has to come from somewhere! Goods are produced by firms, and analyzing the decisions of firms is also central to our understanding of the economy. In this lecture, we will learn how companies make important operation decisions.

Prof. Jonathan Gruber
14.01 Principles of Microeconomics
(Massachusetts Institute of Technology: MIT OpenCourseWare)
http://ocw.mit.edu
Date accessed: 2012-03-01
License: Creative Commons BY-NC-SA

Lecture Material

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Supplementary lecture material is listed below.

1. Recitation: Demand Function (PDF)



 

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