Course slides
Microeconomics — L1
Session 1 introduces consumers, producers, price elasticity, market efficiency, transfers, and deadweight loss.
Topics documented in the material
- Consumer surplus
- Producer surplus
- Marginal cost
- Price elasticity
- Market efficiency
- Policy incidence
Resources
Session 1 — Consumers, producers, and market efficiency
Readings & practical resources
Supplements & readings
- Session 1 — Accompanying readingsZIP · Open resource