Principles of Economics (Microeconomics)

Harvard FAS

Economists study human behavior using a combination of models and data. Ec10a introduces students to economic models using intuitive discussions, graphical analysis, and, in some cases, basic algebra. The models study individual decision-making and markets, and range from classical approaches like supply and demand to more recent approaches that consider informational limitations and behavioral mistakes. We will also use data to understand the strengths and weaknesses of these models. The…