Lecture Slides · Lecture Notes
MIT OpenCourseWare
Microeconomic Theory and Public Policy
- Instructor
- Prof. David Autor
- Term
- Fall 2025
- Level
- Undergraduate, Graduate
- What's inside
- 5 problem sets with solutions · 2 problem sets · 3 exams with solutions · 1 solution · 1 reading · 43 other files · 2 web pages
- Materials open
- MIT OCW
Other versions of this course
- 14.03 · Fall 2025 · Study here (this version)
- 14.03 · Fall 2016 · Study here
About this course
Source: MIT OpenCourseWare 14.03 Microeconomic Theory and Public Policy, Fall 2025, Prof. David Autor — original course page on ocw.mit.edu ↗. License: CC BY-NC-SA 4.0. Study order: MIT's own listing order, section by section. Taken from MIT's published course files, downloaded from ocw.mit.edu on September 23, 2026. How RedLectern is built.
Materials are grouped the way MIT organized them. A verified, course-wide order has not been established here.
Has MIT solutions
Before you start
Prerequisites are not listed here. Check MIT's own syllabus for this course.
How this course was organized
What's here, and what isn't
- 10 of 10 assignments/exams couldn't be tied to a specific point in the course, so a single, verified course-wide order isn't shown — materials are grouped by section instead.
Not included here
56 items from the source could not be safely included:
- MIT's page format for this item wasn't recognized clearly enough to place it safely. (46 items)
- Found in the source, but not linked to a specific point in the course, so it isn't shown as an activity. (10 items)
Materials by section
Grouped by section, as MIT organized them. Not sequenced or ordered.
Problem Sets
Readings
Class Polls (Plickers)
21 files
- Plicker Question 1: Intro to 14.03/14.003 Download
- Plicker Question 4: Axiomatic Utility Download
- Plicker Question 5: Consumer Choice Download
- Plicker Question 6: Fink-Hen-Shep Download
- Plicker Question 7: Demand Functions Download
- Plicker Question 8: Income Substitution Effects Download
- Plicker Question 9: Giffen-Subsistence Download
- Plicker Question 10: Applied Competitive Analysis Part 1 Download
- Plicker Question 11: Applied Competitive Analysis Part 2 Download
- Plicker Question 12: General Equilibrium Part 1 Download
- Plicker Question 13: Trade Part 1 Download
- Plicker Question 14: Trade Part 2 Download
- Plicker Question 15: Trade Part 2 Download
- Plicker Question 16: Trade Part 3 Download
- Plicker Question 17: Externalities Part 1 Download
- Plicker Question 18: Externalities Part 2 Download
- Plicker Question 19: Adverse Selection Download
- Plicker Question 22: Crime, Discrimination, and Punishment Download
- Plicker Question 23: Prediction and Decision Download
- Plicker Questions 2 and 3: Causal Inference Download
- Plicker Questions 20–21 Subprime and Acting Wife Download
Course outline
Lecture Slides · Lecture Notes
Lecture Slides 2–3: The Minimum Wage Debate: Theory Meets Causal Inference
Lecture Slides · Lecture Notes
Lecture Slide 4: Consumer Preference and Theory of Choice
Lecture Slides · Lecture Notes
Lecture Slide 5: Consumer Theory and the Carte Blanche Principle
Lecture Slides · Lecture Notes
Lecture Slide 6: The Carte Blanche Principle and Consumers' Willingness to Pay for Health Insurance
Lecture Slides · Lecture Notes
Lecture Slides 7–8: Individual Demand Income Effects, Substitution Effects, and Labor Supply
Lecture Slides · Lecture Notes
Lecture Slide 9: Giffen Goods and Subsistence Consumption
Lecture Slides · Lecture Notes
Lecture Slide 10: Market Equilibrium: A First Application
Lecture Slides · Lecture Notes
Lecture Slide 11: Applied Competitive Analysis Continued—The Market for Residential Real Estate Brokers
Lecture Slides · Lecture Notes
Lecture Slide 12: General Equilibrium in a Pure Exchange Economy
Lecture Slides · Lecture Notes
Lecture Slide 13: The Power of General Equilibrium: Fish Markets in Kerala, India
Lecture Slides · Lecture Notes
Lecture Slide 14: International Trade and the Principle of Comparative Advantage
Lecture Slides · Lecture Notes
Lecture Slide 15: Does Trade Raise National Incomes? Measuring the Gains from Trade Using the Method of Instrumental Variables
Lecture Slides · Lecture Notes
Lecture Slide 16: Why Is Free Trade So Controversial?
Lecture Slides · Lecture Notes
Lecture Slide 17: Externalities Part I: The Coase Theorem, Property Rights, and Social Interactions
Lecture Slides · Lecture Notes
Lecture Slide 18: Externalities Part II: Pricing, Traffic Congestions, and Pollution Permits
Lecture Slides · Lecture Notes
Lecture Slide 19: Private Information and Adverse Selection
Lecture Slides · Lecture Notes
Lecture Slide 20: Adverse Selection and Subprime Lending
Lecture Slides · Lecture Notes
Lecture Slide 21: Gender Norms, Market Signaling, and an "Acting Wife"
Lecture Slides · Lecture Notes
Lecture Slide 22: Crime, Policy, and Prejudice
Lecture Slides · Lecture Notes
Lecture Slide 23: Machine Predictions and Human Decisions
Problem Sets · Problem Set
2014 Problem Set 1
Problem Sets · Problem Set
2014 Problem Set 2
Problem Sets · Problem Set
2014 Problem Set 3
Problem Sets · Problem Set
2014 Problem Set 4
Problem Sets · Problem Set
Data for Problem Set 4
Problem Sets · Problem Set
2014 Problem Set 5
Problem Sets · Problem Set
2014 Problem Set 6
Exams · Exam
2014 Exam 1
Exams · Exam
2014 Exam 2
Exams · Exam
2014 Exam 3
MIT OpenCourseWare, Prof. David Autor, 14.03 Microeconomic Theory and Public Policy, Fall 2025.
License: CC BY-NC-SA 4.0 · Edition: Fall 2025 · Open the original course on OCW ↗
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