This course provides an introduction to microeconomics. Professor Hoynes lectures on markets, supply and demand, efficiency and equity. She also uses this basic framework to consider a host of real world applications including taxes, environmental policy, education and welfare programs.

Latest episodes of the podcast Principles of Microeconomics, Winter 2013

• Markets, Supply and Demand
• S&D Shifters and Willingness to Pay
• Consumer Surplus and Producer Surplus
• Price Floors and Price Ceilings
• Elasticity
• Excise Taxes
• Economic Costs
• Market Externalities
• Market Externalities 2
• Public Goods
• The Welfare State
• Theory of the Firm
• Theory of the Firm 2
• Perfect Competition
• Monopolies