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14.01SC Principles of Microeconomics (MIT) 14.01SC Principles of Microeconomics (MIT)

Description

Includes audio/video content: AV lectures. 14.01 Principles of Microeconomics is an introductory undergraduate course that teaches the fundamentals of microeconomics. This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics. Students will also be introduced to the use of microeconomic applications to address problems in current economic policy throughout the semester. This course is a core subject in MIT's undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmen Includes audio/video content: AV lectures. 14.01 Principles of Microeconomics is an introductory undergraduate course that teaches the fundamentals of microeconomics. This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics. Students will also be introduced to the use of microeconomic applications to address problems in current economic policy throughout the semester. This course is a core subject in MIT's undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmen

Subjects

Microeconomics | Microeconomics | prices | prices | normative economics | normative economics | positive economics | positive economics | microeconomic applications | microeconomic applications | supply | supply | demand | demand | equilibrium | equilibrium | demand shift | demand shift | supply shift | supply shift | government interference | government interference | elasticity | elasticity | revenue | revenue | empirical economics | empirical economics | consumer theory | consumer theory | preference assumptions | preference assumptions | indifference curves | indifference curves | utility functions | utility functions | marginal utility | marginal utility | budget constraints | budget constraints | marginal rate of transformation | marginal rate of transformation | opportunity cost | opportunity cost | constrained utility maximization | constrained utility maximization | corner solutions | corner solutions | Engel curves | Engel curves | income effect | income effect | substitution effect | substitution effect | Giffin good | Giffin good | labor economics | labor economics | child labor | child labor | producer theory | producer theory | variable inputs | variable inputs | fixed inputs | fixed inputs | firm production functions | firm production functions | marginal rate of technical substitution | marginal rate of technical substitution | returns to scale | returns to scale | productivity | productivity | perfect competition | perfect competition | search theory | search theory | residual demand | residual demand | shutdown decisions | shutdown decisions | market equilibrium | market equilibrium | agency problem | agency problem | welfare economics | welfare economics | consumer surplus | consumer surplus | producer surplus | producer surplus | dead weight loss | dead weight loss | monopoly | monopoly | oligopoly | oligopoly | market power | market power | price discrimination | price discrimination | price regulation | price regulation | antitrust policy | antitrust policy | mergers | mergers | cartel | cartel | game theory | game theory | Nash equilibrium | Nash equilibrium | Cournot model | Cournot model | duopoly | duopoly | non-cooperative competition | non-cooperative competition | Bertrand competition | Bertrand competition | factor markets | factor markets | international trade | international trade | uncertainty | uncertainty | capital markets | capital markets | intertemporal choice | intertemporal choice | real interest rate | real interest rate | compounding | compounding | inflation | inflation | investment | investment | discount rate | discount rate | net present value | net present value | income distribution | income distribution | social welfare function | social welfare function | Utilitarianism | Utilitarianism | Raulsian criteria | Raulsian criteria | Nozickian | Nozickian | commodity egalitarianism | commodity egalitarianism | isowelfare curves | isowelfare curves | social insurance | social insurance | social security | social security | moral hazard | moral hazard | taxation | taxation | EITC | EITC | healthcare | healthcare | PPACA | PPACA

License

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17.812J Collective Choice I (MIT) 17.812J Collective Choice I (MIT)

Description

This is an applied theory course covering topics in the political economy of democratic countries. This course examines political institutions from a rational choice perspective. The now burgeoning rational choice literature on legislatures, bureaucracies, courts, and elections constitutes the chief focus. Some focus will be placed on institutions from a comparative and/or international perspective. This is an applied theory course covering topics in the political economy of democratic countries. This course examines political institutions from a rational choice perspective. The now burgeoning rational choice literature on legislatures, bureaucracies, courts, and elections constitutes the chief focus. Some focus will be placed on institutions from a comparative and/or international perspective.

Subjects

political economy | political economy | rational choice | rational choice | legislature | legislature | bureaucracy | bureaucracy | court | court | and elections | and elections | electoral competition | electoral competition | comparative | comparative | international | international | public goods | public goods | government | government | taxation | taxation | income redistribution | income redistribution | macroeconomic policy | macroeconomic policy | multiparty competition | multiparty competition | electoral system | electoral system | voter | voter | agency models | agency models | models of political parties | models of political parties | point-valued solution | point-valued solution | set-valued solution | set-valued solution | probabilistic voting models | probabilistic voting models | structure-induced equilibrium models | structure-induced equilibrium models | vote-buying | vote-buying | vote-trading | vote-trading | Colonel Blotto | Colonel Blotto | minorities | minorities | interest groups | interest groups | lobbying | lobbying | bargaining | bargaining | coalitions | coalitions | government stability | government stability | informational theory | informational theory | distributive theory | distributive theory | legislative-executive relations | legislative-executive relations | representative democracy | representative democracy | direct democracy | direct democracy

License

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14.271 Industrial Organization I (MIT) 14.271 Industrial Organization I (MIT)

Description

The course provides a graduate level introduction to Industrial Organization. It is designed to provide a broad introduction to topics and industries that current researchers are studying as well as to expose students to a wide variety of techniques. It will start the process of preparing economics PhD students to conduct thesis research in the area, and may also be of interest to doctoral students working in other areas of economics and related fields. The course integrates theoretical models and empirical studies. The course provides a graduate level introduction to Industrial Organization. It is designed to provide a broad introduction to topics and industries that current researchers are studying as well as to expose students to a wide variety of techniques. It will start the process of preparing economics PhD students to conduct thesis research in the area, and may also be of interest to doctoral students working in other areas of economics and related fields. The course integrates theoretical models and empirical studies.

Subjects

industrial organization | industrial organization | economics | economics | theoretical models | theoretical models | empirical studies | empirical studies | monopoly pricing | monopoly pricing | durable goods | durable goods | price discrimination | price discrimination | static competition | static competition | differentiation models | differentiation models | oligopoly | oligopoly | networks | networks | dynamic competition | dynamic competition | two-sided markets | two-sided markets | mergers | mergers | pricing | pricing | industry | industry | strategic investment | strategic investment | firm entry | firm entry | entry prevention | entry prevention | predation | predation | limit pricing | limit pricing | auction theory | auction theory | bounded rationality | bounded rationality | advertising | advertising | patents | patents | technology diffusion | technology diffusion

License

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14.01SC Principles of Microeconomics (MIT)

Description

14.01 Principles of Microeconomics is an introductory undergraduate course that teaches the fundamentals of microeconomics. This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics. Students will also be introduced to the use of microeconomic applications to address problems in current economic policy throughout the semester. This course is a core subject in MIT's undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmental challenges.

Subjects

Microeconomics | prices | normative economics | positive economics | microeconomic applications | supply | demand | equilibrium | demand shift | supply shift | government interference | elasticity | revenue | empirical economics | consumer theory | preference assumptions | indifference curves | utility functions | marginal utility | budget constraints | marginal rate of transformation | opportunity cost | constrained utility maximization | corner solutions | Engel curves | income effect | substitution effect | Giffin good | labor economics | child labor | producer theory | variable inputs | fixed inputs | firm production functions | marginal rate of technical substitution | returns to scale | productivity | perfect competition | search theory | residual demand | shutdown decisions | market equilibrium | agency problem | welfare economics | consumer surplus | producer surplus | dead weight loss | monopoly | oligopoly | market power | price discrimination | price regulation | antitrust policy | mergers | cartel | game theory | Nash equilibrium | Cournot model | duopoly | non-cooperative competition | Bertrand competition | factor markets | international trade | uncertainty | capital markets | intertemporal choice | real interest rate | compounding | inflation | investment | discount rate | net present value | income distribution | social welfare function | Utilitarianism | Raulsian criteria | Nozickian | commodity egalitarianism | isowelfare curves | social insurance | social security | moral hazard | taxation | EITC | healthcare | PPACA

License

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14.581 International Economics I (MIT) 14.581 International Economics I (MIT)

Description

This course provides a graduate-level introduction to the field of international trade. It examines the theory of international trade and foreign investment with applications in commercial policy. Topics include gains from trade, Ricardian models of technological differences, Heckscher-Ohlin models of factor endowment differences, intermediate input trade, wage inequality, imperfect competition, firm heterogeneity, multinational firms, international organization of production, dynamics, trade policy, trade and institutions, sorting in trade and FDI, and effects of geography on trade. This course is targeted to second-year PhD students in economics. This course provides a graduate-level introduction to the field of international trade. It examines the theory of international trade and foreign investment with applications in commercial policy. Topics include gains from trade, Ricardian models of technological differences, Heckscher-Ohlin models of factor endowment differences, intermediate input trade, wage inequality, imperfect competition, firm heterogeneity, multinational firms, international organization of production, dynamics, trade policy, trade and institutions, sorting in trade and FDI, and effects of geography on trade. This course is targeted to second-year PhD students in economics.

Subjects

international economics | international economics | nternational trade | nternational trade | foreign investment | foreign investment | commercial policy | commercial policy | Ricardian models | Ricardian models | Eaton and Kortum's Ricardian Model | Eaton and Kortum's Ricardian Model | Heckscher-Ohlin Model | Heckscher-Ohlin Model | Generalized Heckscher-Ohlin Model | Generalized Heckscher-Ohlin Model | empirical tests | empirical tests | intermediate input trade | intermediate input trade | wage inequality | wage inequality | external scale economics | external scale economics | oligopoly | oligopoly | monopolistic competition | monopolistic competition | intraindustry heterogeneity | intraindustry heterogeneity | technological theories of FDI | technological theories of FDI | transaction-cost approach | transaction-cost approach | property-rights approach | property-rights approach | dynamic trade theory | dynamic trade theory | neoclassical growth | neoclassical growth | technology and growth | technology and growth | innovation | innovation | technology transfer | technology transfer | product cycles | product cycles | tariff retaliation | tariff retaliation | WTO | WTO | regionalism | regionalism | multilateralism | multilateralism

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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16.810 Engineering Design and Rapid Prototyping (MIT) 16.810 Engineering Design and Rapid Prototyping (MIT)

Description

This course provides students with an opportunity to conceive, design and implement a product, using rapid protyping methods and computer-aid tools. The first of two phases challenges each student team to meet a set of design requirements and constraints for a structural component. A course of iteration, fabrication, and validation completes this manual design cycle. During the second phase, each team conducts design optimization using structural analysis software, with their phase one prototype as a baseline.AcknowledgmentsThis course is made possible thanks to a grant by the alumni sponsored Teaching and Education Enhancement Program (Class of '51 Fund for Excellence in Education, Class of '55 Fund for Excellence in Teaching, Class of '72 Fund for Educationa This course provides students with an opportunity to conceive, design and implement a product, using rapid protyping methods and computer-aid tools. The first of two phases challenges each student team to meet a set of design requirements and constraints for a structural component. A course of iteration, fabrication, and validation completes this manual design cycle. During the second phase, each team conducts design optimization using structural analysis software, with their phase one prototype as a baseline.AcknowledgmentsThis course is made possible thanks to a grant by the alumni sponsored Teaching and Education Enhancement Program (Class of '51 Fund for Excellence in Education, Class of '55 Fund for Excellence in Teaching, Class of '72 Fund for Educationa

Subjects

engineering design | engineering design | rapid prototyping | rapid prototyping | manufacturing | manufacturing | testing | testing | system components | system components | complex structural parts | complex structural parts | hand sketching | hand sketching | CAD | CAD | CAD modeling | CAD modeling | CAE | CAE | CAE analysis | CAE analysis | CAM programming | CAM programming | CNC | CNC | CNC machining | CNC machining | computer aided design | computer aided design | computer aided | computer aided | structual testing | structual testing | multiobjective design | multiobjective design | optimization | optimization | computational methods | computational methods | tools | tools | design process | design process | design competition | design competition | active learning | active learning | hands-on | hands-on | human creativity | human creativity | holistic | holistic | solidworks | solidworks | finite element | finite element | FEM | FEM | FEM analysis | FEM analysis | COSMOS | COSMOS | omax | omax | presentation | presentation | CDIO | CDIO

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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17.881 Game Theory and Political Theory (MIT) 17.881 Game Theory and Political Theory (MIT)

Description

Increasingly, political scientists are using game theory to analyze strategic interactions across many different settings. Each of the sub-fields, to differing degrees, has seen game theoretic concepts enter its vocabulary, and students entering the profession will need to understand the potential and limits of game theory. This course aims to give students an entry-level understanding of the basic concepts of game theory, and how these concepts have been applied to the study of political phenomena. Because an important component of game theory in political science and political economy is the analysis of substantive political phenomena, we will cover illustrative examples each week in combination with methodological developments. The political and economic phenomena that we will examine Increasingly, political scientists are using game theory to analyze strategic interactions across many different settings. Each of the sub-fields, to differing degrees, has seen game theoretic concepts enter its vocabulary, and students entering the profession will need to understand the potential and limits of game theory. This course aims to give students an entry-level understanding of the basic concepts of game theory, and how these concepts have been applied to the study of political phenomena. Because an important component of game theory in political science and political economy is the analysis of substantive political phenomena, we will cover illustrative examples each week in combination with methodological developments. The political and economic phenomena that we will examine

Subjects

game theory | game theory | game theoretic concepts | game theoretic concepts | games of complete information | games of complete information | games of incomplete information | games of incomplete information | political phenomena | political phenomena | legislative rules | legislative rules | nuclear deterrence | nuclear deterrence | electoral competition | electoral competition | imperfect markets | imperfect markets | probability | probability | calculus | calculus

License

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16.810 Engineering Design and Rapid Prototyping (MIT) 16.810 Engineering Design and Rapid Prototyping (MIT)

Description

Includes audio/video content: AV special element video. This course provides students with an opportunity to conceive, design and implement a product, using rapid prototyping methods and computer-aid tools. The first of two phases challenges each student team to meet a set of design requirements and constraints for a structural component. A course of iteration, fabrication, and validation completes this manual design cycle. During the second phase, each team conducts design optimization using structural analysis software, with their phase one prototype as a baseline. Acknowledgements This course is made possible thanks to a grant by the alumni sponsored Teaching and Education Enhancement Program (Class of '51 Fund for Excellence in Education, Class of '55 Fund for Excellence in Teaching, Includes audio/video content: AV special element video. This course provides students with an opportunity to conceive, design and implement a product, using rapid prototyping methods and computer-aid tools. The first of two phases challenges each student team to meet a set of design requirements and constraints for a structural component. A course of iteration, fabrication, and validation completes this manual design cycle. During the second phase, each team conducts design optimization using structural analysis software, with their phase one prototype as a baseline. Acknowledgements This course is made possible thanks to a grant by the alumni sponsored Teaching and Education Enhancement Program (Class of '51 Fund for Excellence in Education, Class of '55 Fund for Excellence in Teaching,

Subjects

engineering design | engineering design | rapid prototyping | rapid prototyping | manufacturing | manufacturing | testing | testing | system components | system components | complex structural parts | complex structural parts | hand sketching | hand sketching | CAD | CAD | CAD modeling | CAD modeling | CAE | CAE | CAE analysis | CAE analysis | CAM programming | CAM programming | CNC | CNC | CNC machining | CNC machining | computer aided design | computer aided design | computer aided | computer aided | structual testing | structual testing | multiobjective design | multiobjective design | optimization | optimization | computational methods | computational methods | tools | tools | design process | design process | design competition | design competition | active learning | active learning | hands-on | hands-on | human creativity | human creativity | holistic | holistic | solidworks | solidworks | finite element | finite element | FEM | FEM | FEM analysis | FEM analysis | COSMOS | COSMOS | omax | omax | presentation | presentation | CDIO | CDIO

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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16.810 Engineering Design and Rapid Prototyping (MIT) 16.810 Engineering Design and Rapid Prototyping (MIT)

Description

Includes audio/video content: AV special element video. This course provides students with an opportunity to conceive, design and implement a product, using rapid prototyping methods and computer-aid tools. The first of two phases challenges each student team to meet a set of design requirements and constraints for a structural component. A course of iteration, fabrication, and validation completes this manual design cycle. During the second phase, each team conducts design optimization using structural analysis software, with their phase one prototype as a baseline. Acknowledgements This course is made possible thanks to a grant by the alumni sponsored Teaching and Education Enhancement Program (Class of '51 Fund for Excellence in Education, Class of '55 Fund for Excellence in Teachin Includes audio/video content: AV special element video. This course provides students with an opportunity to conceive, design and implement a product, using rapid prototyping methods and computer-aid tools. The first of two phases challenges each student team to meet a set of design requirements and constraints for a structural component. A course of iteration, fabrication, and validation completes this manual design cycle. During the second phase, each team conducts design optimization using structural analysis software, with their phase one prototype as a baseline. Acknowledgements This course is made possible thanks to a grant by the alumni sponsored Teaching and Education Enhancement Program (Class of '51 Fund for Excellence in Education, Class of '55 Fund for Excellence in Teachin

Subjects

engineering design | engineering design | rapid prototyping | rapid prototyping | manufacturing | manufacturing | testing | testing | system components | system components | complex structural parts | complex structural parts | hand sketching | hand sketching | CAD | CAD | CAD modeling | CAD modeling | CAE | CAE | CAE analysis | CAE analysis | CAM programming | CAM programming | CNC | CNC | CNC machining | CNC machining | computer aided design | computer aided design | computer aided | computer aided | structual testing | structual testing | multiobjective design | multiobjective design | optimization | optimization | computational methods | computational methods | tools | tools | design process | design process | design competition | design competition | active learning | active learning | hands-on | hands-on | human creativity | human creativity | holistic | holistic | solidworks | solidworks | finite element | finite element | FEM | FEM | FEM analysis | FEM analysis | COSMOS | COSMOS | omax | omax | presentation | presentation | CDIO | CDIO | structural testing | structural testing

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/terms/index.htm

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6.370 Robocraft Programming Competition (MIT) 6.370 Robocraft Programming Competition (MIT)

Description

The 6.370 Robocraft programming competition is a unique challenge that combines battle strategy and software engineering. In short, the objective is to write the best player program for the computer game Robocraft. The 6.370 Robocraft programming competition is a unique challenge that combines battle strategy and software engineering. In short, the objective is to write the best player program for the computer game Robocraft.

Subjects

Robocraft programming competition | Robocraft programming competition | battle strategy | battle strategy | software engineering | software engineering | best player program | best player program | best program | best program | computer game Robocraft | computer game Robocraft

License

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11.333 Urban Design Seminar (MIT) 11.333 Urban Design Seminar (MIT)

Description

This course is a requirement for completion of the Urban Design Certificate Program. It investigates the complex nature of 'successful' urban design and attempts to identify and evaluate examples of urban design that are at the leading edge of practice, anticipating the future. The seminar will deal with two parallel questions: what are the key trends that will shape the future form and function of cities, and how will these changes affect the role of the urban designer? The first part of the seminar focuses on the present, and the second part of the semester will consider the future. After the course surveys the landscape of contemporary urban design practice, the challenge it will pose to students will be to identify the trajectory of cities and city design from both physical and socia This course is a requirement for completion of the Urban Design Certificate Program. It investigates the complex nature of 'successful' urban design and attempts to identify and evaluate examples of urban design that are at the leading edge of practice, anticipating the future. The seminar will deal with two parallel questions: what are the key trends that will shape the future form and function of cities, and how will these changes affect the role of the urban designer? The first part of the seminar focuses on the present, and the second part of the semester will consider the future. After the course surveys the landscape of contemporary urban design practice, the challenge it will pose to students will be to identify the trajectory of cities and city design from both physical and socia

Subjects

urban design | urban design | design competitions | design competitions | past and future design trends | past and future design trends | elderly housing | elderly housing | neighborhood design | neighborhood design | housing and technology | housing and technology | workplace design | workplace design | mediated space | mediated space | public spaces and technology | public spaces and technology | schools and technology | schools and technology | cultural regeneration | cultural regeneration | arts districts | arts districts | museums | museums | interpretive pathways | interpretive pathways | waterfront design | waterfront design | natural systems | natural systems | environmental sustainability | environmental sustainability | urban design education | urban design education

License

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14.01 Principles of Microeconomics (MIT) 14.01 Principles of Microeconomics (MIT)

Description

This introductory course teaches the fundamentals of microeconomics. Topics include consumer theory, producer theory, the behavior of firms, market equilibrium, monopoly, and the role of the government in the economy. 14.01 is a Humanities, Arts, and Social Sciences (HASS) elective and is offered both terms. This course is a core subject in MIT's undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmental challenges. This introductory course teaches the fundamentals of microeconomics. Topics include consumer theory, producer theory, the behavior of firms, market equilibrium, monopoly, and the role of the government in the economy. 14.01 is a Humanities, Arts, and Social Sciences (HASS) elective and is offered both terms. This course is a core subject in MIT's undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmental challenges.

Subjects

market | market | optimization | optimization | allocation | allocation | economic measurement | economic measurement | analysis | analysis | microeconomics | microeconomics | demand | demand | supply | supply | equilibrium | equilibrium | general equilibrium | general equilibrium | government interventions | government interventions | price elasticity of demand | price elasticity of demand | income elasticity of demand | income elasticity of demand | cross price elasticity of demand | cross price elasticity of demand | price elasticity of supply | price elasticity of supply | consumer behavior | consumer behavior | consumer preference | consumer preference | utility functions | utility functions | marginal rate of substitution | marginal rate of substitution | budget constraints | budget constraints | interior solutions | interior solutions | corner solutions | corner solutions | Engle curves | Engle curves | individual demand | individual demand | market demand | market demand | revealed preferences | revealed preferences | substitution effect | substitution effect | income effect | income effect | Giffen goods | Giffen goods | consumer surplus | consumer surplus | Irish potato famine | Irish potato famine | network externalities | network externalities | uncertainty | uncertainty | preference toward risk | preference toward risk | risk premium | risk premium | indifference curves | indifference curves | diversification | diversification | insurance | insurance | producer theory | producer theory | production functions | production functions | short run | short run | long run | long run | returns to scale | returns to scale | cost functions | cost functions | economies of scale | economies of scale | economies of scope | economies of scope | learning | learning | profit maximization | profit maximization | producer surplus | producer surplus | agricultural price support | agricultural price support | tax | tax | subsidy | subsidy | exchange economy | exchange economy | contract curves | contract curves | utility possibilities frontier | utility possibilities frontier | Edgeworth Box | Edgeworth Box | production possibilities frontier | production possibilities frontier | efficiency | efficiency | monopoly | monopoly | multiplant firm | multiplant firm | social cost | social cost | price regulation | price regulation | monopsony | monopsony | price discrimination | price discrimination | peak-load pricing | peak-load pricing | two-part tariffs | two-part tariffs | bundling | bundling | monopolistic competition | monopolistic competition | game theory | game theory | oligopoly | oligopoly | Cournot | Cournot | Stackelberg | Stackelberg | Bertrand | Bertrand | Prisoner's Dilemma | Prisoner's Dilemma

License

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14.386 New Econometric Methods (MIT) 14.386 New Econometric Methods (MIT)

Description

This course focuses on recent developments in econometrics, especially structural estimation. The topics include nonseparable models, models of imperfect competition, auction models, duration models, and nonlinear panel data. Results are illustrated with economic applications. This course focuses on recent developments in econometrics, especially structural estimation. The topics include nonseparable models, models of imperfect competition, auction models, duration models, and nonlinear panel data. Results are illustrated with economic applications.

Subjects

econometrics | econometrics | recent developments | recent developments | structural estimation | structural estimation | nonseparable models | nonseparable models | models of imperfect competition | models of imperfect competition | auction models | auction models | duration models | duration models | and nonlinear panel data | and nonlinear panel data | economic applications | economic applications

License

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14.121 Microeconomic Theory I (MIT) 14.121 Microeconomic Theory I (MIT)

Description

This course provides an introduction to microeconomic theory and is the first course in the microeconomic theory series. It is intended for graduate students in the economics program. Some components of the course are designed to teach material that all graduate students should know while others are used to introduce methodologies. Topics of recent interest will also be covered and may include: theories of production and individual choice (under certainty and uncertainty); markets and competition; tools of comparative statics and their application to price theory. This course provides an introduction to microeconomic theory and is the first course in the microeconomic theory series. It is intended for graduate students in the economics program. Some components of the course are designed to teach material that all graduate students should know while others are used to introduce methodologies. Topics of recent interest will also be covered and may include: theories of production and individual choice (under certainty and uncertainty); markets and competition; tools of comparative statics and their application to price theory.

Subjects

microeconomic theory | microeconomic theory | theories of production and individual choice (under certainty and uncertainty) | theories of production and individual choice (under certainty and uncertainty) | markets and competition | markets and competition | tools of comparative statics and their application to price theory | tools of comparative statics and their application to price theory

License

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14.20 Industrial Organization and Public Policy (MIT) 14.20 Industrial Organization and Public Policy (MIT)

Description

This is a course in industrial organization, the study of firms in markets. Industrial organization focuses on firm behavior in imperfectly competitive markets, which appear to be far more common than the perfectly competitive markets that were the focus of your basic microeconomics course. This field analyzes the acquisition and use of market power by firms, strategic interactions among firms, and the role of government competition policy. We will approach this subject from both theoretical and applied perspectives. This is a course in industrial organization, the study of firms in markets. Industrial organization focuses on firm behavior in imperfectly competitive markets, which appear to be far more common than the perfectly competitive markets that were the focus of your basic microeconomics course. This field analyzes the acquisition and use of market power by firms, strategic interactions among firms, and the role of government competition policy. We will approach this subject from both theoretical and applied perspectives.

Subjects

government | government | market power | market power | strategy | strategy | economics | economics | game theory | game theory | monopoly | monopoly | oligopoly | oligopoly | pricing | pricing | spatial model | spatial model | public policy | public policy | competitive markets | competitive markets | firm behavior | firm behavior | industrial organization | industrial organization | imperfectly competitive markets | imperfectly competitive markets | firm acquisition | firm acquisition | government competition policy | government competition policy | market power firms | market power firms | dynamic games | dynamic games

License

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15.575 Research Seminar in IT and Organizations: Economic Perspectives (MIT) 15.575 Research Seminar in IT and Organizations: Economic Perspectives (MIT)

Description

Business organizations and markets use a bewildering variety of structures to coordinate the productive activities of their stakeholders. Dramatic changes in information technology and the nature of economic competition are forcing firms to come up with new ways of organizing work. This course uses economic theory to investigate the roles of information and technology in the existing diversity of organizations and markets and in enabling the creating of new organizational forms. Business organizations and markets use a bewildering variety of structures to coordinate the productive activities of their stakeholders. Dramatic changes in information technology and the nature of economic competition are forcing firms to come up with new ways of organizing work. This course uses economic theory to investigate the roles of information and technology in the existing diversity of organizations and markets and in enabling the creating of new organizational forms.

Subjects

business organizations | business organizations | economic theory | economic theory | stakeholders | stakeholders | information technology | information technology | nature of economic competition | nature of economic competition | new ways of organizing work | new ways of organizing work | roles of information and technology organizational forms | roles of information and technology organizational forms | new organizational forms | new organizational forms | organizations | organizations

License

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15.024 Applied Economics for Managers (MIT) 15.024 Applied Economics for Managers (MIT)

Description

The fact of scarcity forces individuals, firms, and societies to choose among alternative uses – or allocations – of its limited resources. Accordingly, the first part of this summer course seeks to understand how economists model the choice process of individual consumers and firms, and how markets work to coordinate these choices. It also examines how well markets perform this function using the economist's criterion of market efficiency. Overall, this course focuses on microeconomics, with some topics from macroeconomics and international trade. It emphasizes the integration of theory, data, and judgment in the analysis of corporate decisions and public policy, and in the assessment of changing U.S. and international business environments. The fact of scarcity forces individuals, firms, and societies to choose among alternative uses – or allocations – of its limited resources. Accordingly, the first part of this summer course seeks to understand how economists model the choice process of individual consumers and firms, and how markets work to coordinate these choices. It also examines how well markets perform this function using the economist's criterion of market efficiency. Overall, this course focuses on microeconomics, with some topics from macroeconomics and international trade. It emphasizes the integration of theory, data, and judgment in the analysis of corporate decisions and public policy, and in the assessment of changing U.S. and international business environments.

Subjects

applied economics | applied economics | resource scarcity | resource scarcity | allocate limited resources | allocate limited resources | business choices | business choices | modeling consumer choices | modeling consumer choices | market efficiency | market efficiency | microeconomics | microeconomics | efficiency | efficiency | supply | supply | demand | demand | consumer theory | consumer theory | producer theory | producer theory | monopoly | monopoly | imperfect competition | imperfect competition | pricing | pricing | public goods | public goods | externalities | externalities | information uncertainty | information uncertainty | group decision making | group decision making | organizational architecture | organizational architecture | international trade | international trade | equity | equity | income distribution | income distribution | economic rewards | economic rewards | managerial economics | managerial economics | corporate finance theory | corporate finance theory | network economy | network economy

License

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16.682 Prototyping Avionics (MIT) 16.682 Prototyping Avionics (MIT)

Description

In the past building prototypes of electronic components for new projects/products was limited to using protoboards and wirewrap. Manufacturing a printed-circuit-board was limited to final production, where mistakes in the implementation meant physically cutting traces on the board and adding wire jumpers - the final products would have these fixes on them! Today that is no longer the case, while you will still cut traces and use jumpers when debugging a board, manufacturing a new final version without the errors is a simple and relatively inexpensive task. For that matter, manufacturing a prototype printed circuit board which you know is likely to have errors but which will get the design substantially closer to the final product than a protoboard setup is not only possible, but desirable In the past building prototypes of electronic components for new projects/products was limited to using protoboards and wirewrap. Manufacturing a printed-circuit-board was limited to final production, where mistakes in the implementation meant physically cutting traces on the board and adding wire jumpers - the final products would have these fixes on them! Today that is no longer the case, while you will still cut traces and use jumpers when debugging a board, manufacturing a new final version without the errors is a simple and relatively inexpensive task. For that matter, manufacturing a prototype printed circuit board which you know is likely to have errors but which will get the design substantially closer to the final product than a protoboard setup is not only possible, but desirable

Subjects

engineering design | engineering design | rapid prototyping | rapid prototyping | manufacturing | manufacturing | testing | testing | system components | system components | complex structural parts | complex structural parts | hand sketching | hand sketching | CAD | CAD | CAD modeling | CAD modeling | CAE | CAE | CAE analysis | CAE analysis | CAM programming | CAM programming | CNC | CNC | CNC machining | CNC machining | computer aided design | computer aided design | computer aided | computer aided | structual testing | structual testing | multiobjective design | multiobjective design | optimization | optimization | computational methods | computational methods | tools | tools | design process | design process | design competition | design competition | active learning | active learning | hands-on | hands-on | human creativity | human creativity | holistic | holistic | solidworks | solidworks | finite element | finite element | FEM | FEM | FEM analysis | FEM analysis | COSMOS | COSMOS | omax | omax | presentation | presentation | CDIO | CDIO

License

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14.581 International Economics I (MIT) 14.581 International Economics I (MIT)

Description

This course covers, with a focus on both theory and empirics, advanced topics in international trade (as well as inter-regional trade and economic geography.) It includes the study of positive issues, such as: Why do countries trade? What goods do countries trade? What are the implications of openness for the location of production, industries, occupations, and innovative activity? And, what impedes trade and why do some countries deliberately erect policy impediments to trade? The course also concerns normative issues, such as: Is trade openness beneficial to a representative agent? And, are there winners and losers from trade and if so, can we identify them? Throughout, these issues are approached in neoclassical settings as well as those with market failures, at the industry-level as we This course covers, with a focus on both theory and empirics, advanced topics in international trade (as well as inter-regional trade and economic geography.) It includes the study of positive issues, such as: Why do countries trade? What goods do countries trade? What are the implications of openness for the location of production, industries, occupations, and innovative activity? And, what impedes trade and why do some countries deliberately erect policy impediments to trade? The course also concerns normative issues, such as: Is trade openness beneficial to a representative agent? And, are there winners and losers from trade and if so, can we identify them? Throughout, these issues are approached in neoclassical settings as well as those with market failures, at the industry-level as we

Subjects

international economics | international economics | international trade | international trade | Ricardian model | Ricardian model | law of comparative advantage | law of comparative advantage | Ricardo-Viner model | Ricardo-Viner model | Heckscher-Ohlin model | Heckscher-Ohlin model | neoclassical trade theories | neoclassical trade theories | monopolistic competition | monopolistic competition | trade theory | trade theory | firm-level heterogeneity | firm-level heterogeneity | foreign investment | foreign investment | gravity models | gravity models | offshoring | offshoring | fragmentation of production | fragmentation of production

License

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14.581 International Economics I (MIT) 14.581 International Economics I (MIT)

Description

This course covers, with a focus on both theory and empirics, advanced topics in international trade (as well as inter-regional trade and economic geography). It includes the study of positive issues, such as: Why do countries trade? What goods do countries trade? What are the implications of openness for the location of production, industries, occupations, and innovative activity? And, what impedes trade and why do some countries deliberately erect policy impediments to trade? The course also concerns normative issues, such as: Is trade openness beneficial to a representative agent? And, Are there winners and losers from trade and if so, can we identify them? Throughout, these issues are approached in neoclassical settings as well as those with market failures, at the industry-level as we This course covers, with a focus on both theory and empirics, advanced topics in international trade (as well as inter-regional trade and economic geography). It includes the study of positive issues, such as: Why do countries trade? What goods do countries trade? What are the implications of openness for the location of production, industries, occupations, and innovative activity? And, what impedes trade and why do some countries deliberately erect policy impediments to trade? The course also concerns normative issues, such as: Is trade openness beneficial to a representative agent? And, Are there winners and losers from trade and if so, can we identify them? Throughout, these issues are approached in neoclassical settings as well as those with market failures, at the industry-level as we

Subjects

international economics | international economics | international trade | international trade | Ricardian model | Ricardian model | law of comparative advantage | law of comparative advantage | Ricardo-Viner model | Ricardo-Viner model | Heckscher-Ohlin model | Heckscher-Ohlin model | neoclassical trade theories | neoclassical trade theories | monopolistic competition | monopolistic competition | trade theory | trade theory | firm-level heterogeneity | firm-level heterogeneity | foreign investment | foreign investment | gravity models | gravity models | trade and growth | trade and growth | labor markets | labor markets | offshoring | offshoring | fragmentation of production | fragmentation of production | multinational firms | multinational firms | political economy | political economy | WTO | WTO | world trade organization | world trade organization | dynamic trade theory | dynamic trade theory | neoclassical growth | neoclassical growth | technology and growth | technology and growth | innovation | innovation | technology transfer | technology transfer | product cycles | product cycles | tariff retaliation | tariff retaliation | regionalism | regionalism

License

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7.345 The Science of Sperm (MIT) 7.345 The Science of Sperm (MIT)

Description

Sperm are tiny, haploid cells with a supremely important job: They deliver the paternal genome to the egg, helping create a zygote that develops into a new individual. For a human male, however, only a small fraction of the sperm produced will ever fertilize an egg. Sperm thus experience intense selective pressure: They must compete against each other, navigate a foreign environment in the female reproductive tract, and interact specifically and appropriately with the surface of the egg. These selective pressures can drive extreme changes in morphology and gene function over short evolutionary time scales, resulting in amazing diversity among species. In this course, we will explore the ways in which these unique evolutionary forces contribute to incredible specializations of sperm form an Sperm are tiny, haploid cells with a supremely important job: They deliver the paternal genome to the egg, helping create a zygote that develops into a new individual. For a human male, however, only a small fraction of the sperm produced will ever fertilize an egg. Sperm thus experience intense selective pressure: They must compete against each other, navigate a foreign environment in the female reproductive tract, and interact specifically and appropriately with the surface of the egg. These selective pressures can drive extreme changes in morphology and gene function over short evolutionary time scales, resulting in amazing diversity among species. In this course, we will explore the ways in which these unique evolutionary forces contribute to incredible specializations of sperm form an

Subjects

sperm | sperm | sperm biology | sperm biology | haploid cells | haploid cells | sperm development | sperm development | selective forces | selective forces | meiotic cell division | meiotic cell division | protamines | protamines | fertilization | fertilization | evolutionary analysis | evolutionary analysis | reproductive biology | reproductive biology | spermatogenesis | spermatogenesis | spermatogenic cycle | spermatogenic cycle | germline mutations | germline mutations | FGFR2 gene | FGFR2 gene | germ line selection | germ line selection | Fragile X syndrome | Fragile X syndrome | Meiotic recombination | Meiotic recombination | sperm bundling | sperm bundling | Sperm Cooperation | Sperm Cooperation | sperm competition | sperm competition

License

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ESD.S51 Systems Leadership and Management Praxis (MIT) ESD.S51 Systems Leadership and Management Praxis (MIT)

Description

SLaM (Systems Leadership and Management) Praxis is a course is designed to introduce students to the dynamics of strategic decision making in corporate boardrooms through team exercises, simulations, and role playing. The case studies and team exercises will introduce students to strategy choices in the high tech sector, but these learnings are just as valid in other industries. We will also have invited guest speakers from the industry who have lived through difficult corporate situations and can provide insights into the cases discussed in class. SLaM (Systems Leadership and Management) Praxis is a course is designed to introduce students to the dynamics of strategic decision making in corporate boardrooms through team exercises, simulations, and role playing. The case studies and team exercises will introduce students to strategy choices in the high tech sector, but these learnings are just as valid in other industries. We will also have invited guest speakers from the industry who have lived through difficult corporate situations and can provide insights into the cases discussed in class.

Subjects

decision-making | decision-making | leadership development | leadership development | high-tech business | high-tech business | smartphones | smartphones | management | management | high-tech competition | high-tech competition | Back Bay Battery online simulation | Back Bay Battery online simulation | Nokia | Nokia | HTC | HTC | Apple | Apple | Sony | Sony | Research in Motion | Research in Motion

License

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14.271 Industrial Organization I (MIT)

Description

The course provides a graduate level introduction to Industrial Organization. It is designed to provide a broad introduction to topics and industries that current researchers are studying as well as to expose students to a wide variety of techniques. It will start the process of preparing economics PhD students to conduct thesis research in the area, and may also be of interest to doctoral students working in other areas of economics and related fields. The course integrates theoretical models and empirical studies.

Subjects

industrial organization | economics | theoretical models | empirical studies | monopoly pricing | durable goods | price discrimination | static competition | differentiation models | oligopoly | networks | dynamic competition | two-sided markets | mergers | pricing | industry | strategic investment | firm entry | entry prevention | predation | limit pricing | auction theory | bounded rationality | advertising | patents | technology diffusion

License

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17.812J Collective Choice I (MIT)

Description

This is an applied theory course covering topics in the political economy of democratic countries. This course examines political institutions from a rational choice perspective. The now burgeoning rational choice literature on legislatures, bureaucracies, courts, and elections constitutes the chief focus. Some focus will be placed on institutions from a comparative and/or international perspective.

Subjects

political economy | rational choice | legislature | bureaucracy | court | and elections | electoral competition | comparative | international | public goods | government | taxation | income redistribution | macroeconomic policy | multiparty competition | electoral system | voter | agency models | models of political parties | point-valued solution | set-valued solution | probabilistic voting models | structure-induced equilibrium models | vote-buying | vote-trading | Colonel Blotto | minorities | interest groups | lobbying | bargaining | coalitions | government stability | informational theory | distributive theory | legislative-executive relations | representative democracy | direct democracy

License

Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see https://ocw.mit.edu/terms/index.htm

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14.581 International Economics I (MIT)

Description

This course covers, with a focus on both theory and empirics, advanced topics in international trade (as well as inter-regional trade and economic geography). It includes the study of positive issues, such as: Why do countries trade? What goods do countries trade? What are the implications of openness for the location of production, industries, occupations, and innovative activity? And, what impedes trade and why do some countries deliberately erect policy impediments to trade? The course also concerns normative issues, such as: Is trade openness beneficial to a representative agent? And, Are there winners and losers from trade and if so, can we identify them? Throughout, these issues are approached in neoclassical settings as well as those with market failures, at the industry-level as we

Subjects

international economics | international trade | Ricardian model | law of comparative advantage | Ricardo-Viner model | Heckscher-Ohlin model | neoclassical trade theories | monopolistic competition | trade theory | firm-level heterogeneity | foreign investment | gravity models | trade and growth | labor markets | offshoring | fragmentation of production | multinational firms | political economy | WTO | world trade organization | dynamic trade theory | neoclassical growth | technology and growth | innovation | technology transfer | product cycles | tariff retaliation | regionalism

License

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