EC224 · Bentley University

Intermediate Microeconomics

Prof. Naveen Sunder · 12 Weeks

A rigorous treatment of consumer theory, producer theory, market structure, and welfare economics, with emphasis on analytical reasoning, graphical intuition, and real-world application.

How to use this site. Each week's page contains a structured summary of the chapter, key equations, practice questions at three difficulty levels, and curated video resources. Download the Lecture Notes PDF on each page for the full treatment. Use the Homework button to access graded problem sets.
8 of 12 weeks published
Unit 1: Consumer Theory
Week 01 Published
Foundations of Microeconomics
Calculus Review Utility Indifference Curves MRS
Week 02 Published
Indifference Curves, Budget Constraints & Consumer Optimum
Budget Line Tangency Cobb-Douglas Optimisation
Week 03 Published
Demand Curves & Comparative Statics
Price Effect Income Effect Slutsky Giffen Goods
Week 04 Published
Elasticity & Consumer Welfare
Price Elasticity Consumer Surplus Market Demand TR Maximisation
Unit 2: Producer Theory
Week 05 Published
Production Theory
Production Function MRTS Returns to Scale
Week 06 Published
Cost Theory
Isocost TC · AC · MC LRAC Envelope
Week 07 Published
Profit Maximization & the Competitive Firm
MR = MC Shutdown Rule Supply Curve Long-Run Equilibrium
Unit 3: Market Structure
Week 08 Published
Welfare, Monopoly & Price Discrimination
CS · PS · DWL MR = MC Lerner Index Price Discrimination
Week 09 Coming soon
Non-Linear Pricing, Natural Monopoly & Game Theory
Two-Part Pricing Nash Equilibrium Prisoner’s Dilemma
Week 10 Coming soon
Oligopoly Models & Spatial Competition
Cournot Stackelberg Bertrand Hotelling
Unit 4: Welfare & Extensions
Week 11 Coming soon
Externalities & Public Goods
Externalities Pigouvian Tax Coase
Week 12 Coming soon
Information Asymmetry & Review
Adverse Selection Moral Hazard Signalling