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Lecture 1: Economic Science episode artwork

Oct 30, 2026 54 min

Lecture 1: Economic Science

from MIT OpenCourseWare: Free Courses from the institute Hosted by MIT OpenCourseWare

MIT 14.04 Intermediate Microeconomic Theory, Fall 2020Instructor: Prof. Robert TownsendView the complete course: https://ocw.mit.edu/courses/14-04-intermediate-microeconomic-theory-fall-2020/YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP63wnrKge9vllow3Y2OOOKqFUploaded 31-08-22Professor 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-SAMore information at https://ocw.mit.edu/termsMore courses at https://ocw.mit.eduSupport OCW at http://ow.ly/a1If50zVRlQWe 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.

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Lecture 1: Economic Science

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