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Lec 1 | MIT 14.01SC Principles of Microeconomics

Jonathan Gruber's note:

The video covers the topic of introduction to microeconomics. The main concepts of scarcity, consumers, producers, prices are explained to build on these concepts later on. Furthermore, the concept of positive vs normative and supply and demand dis also highlighted.

Contributor: Jonathan Gruber

Chapter: 1. Introduction

Author: Perloff

Publisher: Pearson

Edition: 8th

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