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Lecture 12: Contract Application, Obstacles episode artwork

Oct 29, 2026 1 hr 9 min

Lecture 12: Contract Application, Obstacles

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

MIT 14.04 Intermediate Microeconomic Theory, Fall 2020Instructor: Prof. Robert TownsendUploaded 31-08-22View the complete course: https://ocw.mit.edu/courses/14-04-intermediate-microeconomic-theory-fall-2020/YouTube Playlist: https://www.youtube.com/watch?v=XSTSfCs74bg&list=PLUl4u3cNGP63wnrKge9vllow3Y2OOOKqFSmall and medium enterprises (SMEs) are the backbone of many economies. Yet they appear to be constrained in their operations. This lecture answers the key questions of how to uncover the underlying obstacles to trade and then use that to guide policy improvements.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 12: Contract Application, Obstacles

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