Lecture 1: Economic Science

MIT 14.04 Intermediate Microeconomic Theory, Fall 2020 Instructor: Prof. Robert Townsend View the complete course: https://ocw.mit.edu/courses/14-04-int... YouTube Playlist:    • MIT 14.04 Intermediate Microeconomic Theor...   Professor Townsend presents economies that are striking in their organization, pinpoints key elements, draws a parallel between village economies and crypto currencies, and defines the what, how, and why of the science of economics. A course outline is provided. 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.