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MIT Subject Listing & Schedule
Fall 2025 Search Results

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1 subject found.

14.121 Microeconomic Theory I
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Graduate (Fall); first half of term
Prereq: 14.04 and permission of instructor
Units: 3-0-3
Add to schedule Ends Oct 17. Lecture: MW1-2.30 (E51-151) Recitation: F1-2.30 (E51-151)
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Covers consumer and producer theory, markets and competition, general equilibrium and the welfare theorems; featuring applications, uncertainty, identification and restrictions models place on data. Enrollment limited; preference to PhD students.
P. Pathak
No textbook information available

14.122 Microeconomic Theory II
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Graduate (Fall); second half of term
Prereq: 14.121 and permission of instructor
Units: 3-0-3
Add to schedule Begins Oct 20. Lecture: MW1-2.30 (E51-151) Recitation: F1-2.30 (E51-151) +final
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Introduction to game theory. Topics include normal form and extensive form games, and games with incomplete information. Enrollment limited.
G. Ellison
No textbook information available

14.123 Microeconomic Theory III
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Graduate (Spring); first half of term
Prereq: 14.121, 14.122, and permission of instructor
Units: 3-0-3
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Models of individual decision-making under certainty and uncertainty. Additional topics in game theory. Enrollment limited.
D. Fudenberg

14.124 Microeconomic Theory IV
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Graduate (Spring); second half of term
Prereq: 14.123 or permission of instructor
Units: 3-0-3
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Introduction to statistical decision theory, incentive contracting (moral hazard and adverse selection), mechanism design and incomplete contracting. Enrollment limited.
A. Wolitzky