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MIT 14.01 Principles of Microeconomics, Fall 2018 Instructor: Prof. Jonathan Gruber View newer version of the course: https://ocw.mit.edu/14-01F23 * YouTube Playlist: • MIT 14.01 Principles of Microeconomics, Fa... This lecture covers the topics of perfect competition, short-run profit maximization, short-run equilibrium, and long-run competition. License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu Support OCW at http://ow.ly/a1If50zVRlQ We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.

9. Supply and Demand & Consumer/Producer Surplus

11. Monopoly I

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