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EQUILIBRIA in PRODUCTION ECONOMIES 1 Introduction This Emlab Berkeley Form

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[SQUEAKING] [RUSTLING] [CLICKING] JONATHAN GRUBER: This is 14.01. I'm John Gruber, and this is microeconomics. Today, I want to cover three things. I want to talk about the course details. I want to talk about what is microeconomics. And then I'll start the substance of the course by talking about supply and demand. Couple of the points about the course-- the course will have a distinct sort of policy angle to it. I sort of do economic policy, government policy is my thing. So I think it's what makes economics exciting and it sort of offers, I think, an interesting angle to understand why we're learning what we're learning. I think sometimes in an intro class, it's sort of hard to understand why the heck you're doing things. However, that's just sort of a slight flavor. If you're really more interested in this, I teach a whole course called 1441. I'm not teaching it this year, but it will be taught by a visitor in the spring, Kristin Butcher from Wellesley. And I'll be teaching next ye

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