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

Description

This half-semester course provides an introduction to microeconomic theory designed to meet the needs of students in the economics Ph.D. program. Some parts of the course are designed to teach material that all graduate students should know. Others are used to introduce methodologies. Topics include consumer and producer theory, markets and competition, general equilibrium, and tools of comparative statics and their application to price theory. Some topics of recent interest may also be covered. This half-semester course provides an introduction to microeconomic theory designed to meet the needs of students in the economics Ph.D. program. Some parts of the course are designed to teach material that all graduate students should know. Others are used to introduce methodologies. Topics include consumer and producer theory, markets and competition, general equilibrium, and tools of comparative statics and their application to price theory. Some topics of recent interest may also be covered.Subjects

microeconomic theory | microeconomic theory | demand theory | demand theory | producer theory; partial equilibrium | producer theory; partial equilibrium | competitive markets | competitive markets | general equilibrium | general equilibrium | externalities | externalities | Afriat's theorem | Afriat's theorem | pricing | pricing | robust comparative statics | robust comparative statics | utility theory | utility theory | properties of preferences | properties of preferences | choice as primitive | choice as primitive | revealed preference | revealed preference | classical demand theory | classical demand theory | Kuhn-Tucker necessary conditions | Kuhn-Tucker necessary conditions | implications of Walras?s law | implications of Walras?s law | indirect utility functions | indirect utility functions | theorem of the maximum (Berge?s theorem) | theorem of the maximum (Berge?s theorem) | expenditure minimization problem | expenditure minimization problem | Hicksian demands | Hicksian demands | compensated law of demand | compensated law of demand | Slutsky substitution | Slutsky substitution | price changes and welfare | price changes and welfare | compensating variation | compensating variation | and welfare from new goods | and welfare from new goods | price indexes | price indexes | bias in the U.S. consumer price index | bias in the U.S. consumer price index | integrability | integrability | demand aggregation | demand aggregation | aggregate demand and welfare | aggregate demand and welfare | Frisch demands | Frisch demands | and demand estimation | and demand estimation | increasing differences | increasing differences | producer theory applications | producer theory applications | the LeCh?telier principle | the LeCh?telier principle | Topkis? theorem | Topkis? theorem | Milgrom-Shannon monotonicity theorem | Milgrom-Shannon monotonicity theorem | monopoly pricing | monopoly pricing | monopoly and product quality | monopoly and product quality | nonlinear pricing | nonlinear pricing | and price discrimination | and price discrimination | simple models of externalities | simple models of externalities | government intervention | government intervention | Coase theorem | Coase theorem | Myerson-Sattherthwaite proposition | Myerson-Sattherthwaite proposition | missing markets | missing markets | price vs. quantity regulations | price vs. quantity regulations | Weitzman?s analysis | Weitzman?s analysis | uncertainty | uncertainty | common property externalities | common property externalities | optimization | optimization | equilibrium number of boats | equilibrium number of boats | welfare theorems | welfare theorems | uniqueness and determinacy | uniqueness and determinacy | price-taking assumption | price-taking assumption | Edgeworth box | Edgeworth box | welfare properties | welfare properties | Pareto efficiency | Pareto efficiency | Walrasian equilibrium with transfers | Walrasian equilibrium with transfers | Arrow-Debreu economy | Arrow-Debreu economy | separating hyperplanes | separating hyperplanes | Minkowski?s theorem | Minkowski?s theorem | Existence of Walrasian equilibrium | Existence of Walrasian equilibrium | Kakutani?s fixed point theorem | Kakutani?s fixed point theorem | Debreu-Gale-Kuhn-Nikaido lemma | Debreu-Gale-Kuhn-Nikaido lemma | additional properties of general equilibrium | additional properties of general equilibrium | Microfoundations | Microfoundations | core | core | core convergence | core convergence | general equilibrium with time and uncertainty | general equilibrium with time and uncertainty | Jensen?s inequality | Jensen?s inequality | and security market economy | and security market economy | arbitrage pricing theory | arbitrage pricing theory | and risk-neutral probabilities | and risk-neutral probabilities | Housing markets | Housing markets | competitive equilibrium | competitive equilibrium | one-sided matching house allocation problem | one-sided matching house allocation problem | serial dictatorship | serial dictatorship | two-sided matching | two-sided matching | marriage markets | marriage markets | existence of stable matchings | existence of stable matchings | incentives | incentives | housing markets core mechanism | housing markets core mechanismLicense

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See all metadata14.121 Microeconomic Theory I (MIT)

Description

This half-semester course provides an introduction to microeconomic theory designed to meet the needs of students in the economics Ph.D. program. Some parts of the course are designed to teach material that all graduate students should know. Others are used to introduce methodologies. Topics include consumer and producer theory, markets and competition, general equilibrium, and tools of comparative statics and their application to price theory. Some topics of recent interest may also be covered.Subjects

microeconomic theory | demand theory | producer theory; partial equilibrium | competitive markets | general equilibrium | externalities | Afriat's theorem | pricing | robust comparative statics | utility theory | properties of preferences | choice as primitive | revealed preference | classical demand theory | Kuhn-Tucker necessary conditions | implications of Walras?s law | indirect utility functions | theorem of the maximum (Berge?s theorem) | expenditure minimization problem | Hicksian demands | compensated law of demand | Slutsky substitution | price changes and welfare | compensating variation | and welfare from new goods | price indexes | bias in the U.S. consumer price index | integrability | demand aggregation | aggregate demand and welfare | Frisch demands | and demand estimation | increasing differences | producer theory applications | the LeCh?telier principle | Topkis? theorem | Milgrom-Shannon monotonicity theorem | monopoly pricing | monopoly and product quality | nonlinear pricing | and price discrimination | simple models of externalities | government intervention | Coase theorem | Myerson-Sattherthwaite proposition | missing markets | price vs. quantity regulations | Weitzman?s analysis | uncertainty | common property externalities | optimization | equilibrium number of boats | welfare theorems | uniqueness and determinacy | price-taking assumption | Edgeworth box | welfare properties | Pareto efficiency | Walrasian equilibrium with transfers | Arrow-Debreu economy | separating hyperplanes | Minkowski?s theorem | Existence of Walrasian equilibrium | Kakutani?s fixed point theorem | Debreu-Gale-Kuhn-Nikaido lemma | additional properties of general equilibrium | Microfoundations | core | core convergence | general equilibrium with time and uncertainty | Jensen?s inequality | and security market economy | arbitrage pricing theory | and risk-neutral probabilities | Housing markets | competitive equilibrium | one-sided matching house allocation problem | serial dictatorship | two-sided matching | marriage markets | existence of stable matchings | incentives | housing markets core mechanismLicense

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See all metadata14.123 Microeconomic Theory III (MIT) 14.123 Microeconomic Theory III (MIT)

Description

The central topic of this course is the theory of general equilibrium and its applications and extensions. The central topic of this course is the theory of general equilibrium and its applications and extensions.Subjects

theory of general equilibrium | theory of general equilibrium | existence of equilibrium | existence of equilibrium | optimality of equilibrium | optimality of equilibrium | Arrow's impossibility theorem | Arrow's impossibility theorem | externalities | externalities | public goods | public goods | intertemporal competitive equilibrium | intertemporal competitive equilibrium | insurance | insurance | incomplete markets | incomplete marketsLicense

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.htmSite sourced from

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See all metadata14.123 Microeconomic Theory III (MIT) 14.123 Microeconomic Theory III (MIT)

Description

The central topic of this course is the theory of general equilibrium and its applications and extensions. The central topic of this course is the theory of general equilibrium and its applications and extensions.Subjects

theory of general equilibrium | theory of general equilibrium | existence of equilibrium | existence of equilibrium | optimality of equilibrium | optimality of equilibrium | Arrow's impossibility theorem | Arrow's impossibility theorem | externalities | externalities | public goods | public goods | intertemporal competitive equilibrium | intertemporal competitive equilibrium | insurance | insurance | incomplete markets | incomplete marketsLicense

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.htmSite sourced from

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See all metadata14.04 Intermediate Microeconomic Theory (MIT) 14.04 Intermediate Microeconomic Theory (MIT)

Description

This course focuses on the following topics: basic theory of consumer behavior; production and costs; partial equilibrium analysis of pricing in competitive and monopolistic markets; general equilibrium; welfare; and externalities. It is recommended for students planning to apply to graduate school in economics, accounting, or finance. This course focuses on the following topics: basic theory of consumer behavior; production and costs; partial equilibrium analysis of pricing in competitive and monopolistic markets; general equilibrium; welfare; and externalities. It is recommended for students planning to apply to graduate school in economics, accounting, or finance.Subjects

economics | economics | microeconomic theory | microeconomic theory | consumer behavior | consumer behavior | production | production | cost | cost | pricing | pricing | competition | competition | monopoly | monopoly | market | market | equilibrium | equilibrium | welfare | welfare | externalities | externalities | costs | costs | partial equilibrium analysis | partial equilibrium analysis | competitive markets | competitive markets | monopolistic markets | monopolistic markets | general equilibrium | general equilibrium | producer | producer | consumer | consumer | strategy | strategyLicense

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.htmSite sourced from

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See all metadata14.01SC 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 environmenSubjects

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 | PPACALicense

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See all metadata14.123 Microeconomic Theory III (MIT) 14.123 Microeconomic Theory III (MIT)

Description

This half-semester course discusses decision theory and topics in game theory. We present models of individual decision-making under certainty and uncertainty. Topics include preference orderings, expected utility, risk, stochastic dominance, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games, repeated games, and correlation. This half-semester course discusses decision theory and topics in game theory. We present models of individual decision-making under certainty and uncertainty. Topics include preference orderings, expected utility, risk, stochastic dominance, supermodularity, monotone comparative statics, background risk, game theory, rationalizability, iterated strict dominance multi-stage games, sequential equilibrium, trembling-hand perfection, stability, signaling games, theory of auctions, global games, repeated games, and correlation.Subjects

microeconomics | microeconomics | microeconomic theory | microeconomic theory | preference | preference | utility representation | utility representation | expected utility | expected utility | positive interpretation | positive interpretation | normative interpretation | normative interpretation | risk | risk | stochastic dominance | stochastic dominance | insurance | insurance | finance | finance | supermodularity | supermodularity | comparative statics | comparative statics | decision theory | decision theory | game theory | game theory | rationalizability | rationalizability | iterated strict dominance | iterated strict dominance | iterated conditional dominance | iterated conditional dominance | bargaining | bargaining | equilibrium | equilibrium | sequential equilibrium | sequential equilibrium | trembling-hand perfection | trembling-hand perfection | signaling games | signaling games | auctions | auctions | global games | global games | repeated games | repeated games | correlation | correlationLicense

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.htmSite sourced from

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See all metadata14.15J Networks (MIT) 14.15J Networks (MIT)

Description

Networks are ubiquitous in our modern society. The World Wide Web that links us to and enables information flows with the rest of the world is the most visible example. It is, however, only one of many networks within which we are situated. Our social life is organized around networks of friends and colleagues. These networks determine our information, influence our opinions, and shape our political attitudes. They also link us, often through important but weak ties, to everybody else in the United States and in the world. Economic and financial markets also look much more like networks than anonymous marketplaces. Firms interact with the same suppliers and customers and use Web-like supply chains. Financial linkages, both among banks and between consumers, companies and banks, also form a Networks are ubiquitous in our modern society. The World Wide Web that links us to and enables information flows with the rest of the world is the most visible example. It is, however, only one of many networks within which we are situated. Our social life is organized around networks of friends and colleagues. These networks determine our information, influence our opinions, and shape our political attitudes. They also link us, often through important but weak ties, to everybody else in the United States and in the world. Economic and financial markets also look much more like networks than anonymous marketplaces. Firms interact with the same suppliers and customers and use Web-like supply chains. Financial linkages, both among banks and between consumers, companies and banks, also form aSubjects

networks | networks | crowds | crowds | markets | markets | highly connected world | highly connected world | social networks | social networks | economic networks | economic networks | power networks | power networks | communication networks | communication networks | game theory | game theory | graph theory | graph theory | branching processes | branching processes | random graph models | random graph models | rich get richer phenomena | rich get richer phenomena | power laws | power laws | small worlds | small worlds | Erd?s-Renyi graphs | Erd?s-Renyi graphs | degree distributions | degree distributions | phase transitions | phase transitions | connectedness | connectedness | and giant component | and giant component | link analysis | link analysis | web search | web search | navigation | navigation | decentralized search | decentralized search | preferential attachment | preferential attachment | epidemics | epidemics | diffusion through networks | diffusion through networks | SIR | SIR | (susceptible | (susceptible | infected | infected | removed) | removed) | SIS | SIS | susceptible) | susceptible) | strategies | strategies | payoffs | payoffs | normal forms | normal forms | Nash equilibrium | Nash equilibrium | traffic networks | traffic networks | negative externalities | negative externalities | Braess' paradox | Braess' paradox | potential games | potential games | myopic behavior | myopic behavior | fictitious play | fictitious play | repeated games | repeated games | prisoner's dilemma | prisoner's dilemma | cooperation | cooperation | perfect information | perfect information | imperfect information | imperfect information | positive externalities | positive externalities | strategic complements | strategic complements | path dependence | path dependence | diffusion of innovation | diffusion of innovation | contagion pheonomena | contagion pheonomena | Bayes's rule | Bayes's rule | Bayesian Nash equilibrium | Bayesian Nash equilibrium | first price auctions | first price auctions | second price auctions | second price auctions | social learning | social learning | Bayesian learning | Bayesian learning | copying | copying | herding | herding | herd behavior | herd behavior | informational cascades | informational cascades | decisions | decisions | social choice | social choice | Condorcet jury theorem | Condorcet jury theorem | political economy | political economyLicense

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.htmSite sourced from

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See all metadata14.123 Microeconomic Theory III (MIT)

Description

The central topic of this course is the theory of general equilibrium and its applications and extensions.Subjects

theory of general equilibrium | existence of equilibrium | optimality of equilibrium | Arrow's impossibility theorem | externalities | public goods | intertemporal competitive equilibrium | insurance | incomplete marketsLicense

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.htmSite sourced from

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See all metadata14.16 Strategy and Information (MIT)

Description

This is an advanced course in game theory. We begin with a rigorous overview of the main equilibrium concepts for non-cooperative games in both static and dynamic settings with either complete or incomplete information. We define and explore properties of iterated strict dominance, rationalizability, Nash equilibrium, subgame perfection, sequential, perfect and proper equilibria, the intuitive criterion, and iterated weak dominance. We discuss applications to auctions, bargaining, and repeated games. Then we introduce solution concepts for cooperative games and study non-cooperative implementations. Other topics include matching theory and networks.Subjects

game theory | iterated dominance | rationalizability | Nash equilibirum | subgame perfection | perfect Bayesian equilibrium | sequential equilibrium | perfect equilibrium | proper equilibrium | bargaining | networksLicense

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.htmSite sourced from

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See all metadata14.01 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 DilemmaLicense

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.htmSite sourced from

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See all metadata22.611J Introduction to Plasma Physics I (MIT) 22.611J Introduction to Plasma Physics I (MIT)

Description

In this course, students will learn about plasmas, the fourth state of matter. The plasma state dominates the visible universe, and is of increasing economic importance. Plasmas behave in lots of interesting and sometimes unexpected ways. The course is intended only as a first plasma physics course, but includes critical concepts needed for a foundation for further study. A solid undergraduate background in classical physics, electromagnetic theory including Maxwell's equations, and mathematical familiarity with partial differential equations and complex analysis are prerequisites. The course introduces plasma phenomena relevant to energy generation by controlled thermonuclear fusion and to astrophysics, coulomb collisions and transport processes, motion of charged particles in magne In this course, students will learn about plasmas, the fourth state of matter. The plasma state dominates the visible universe, and is of increasing economic importance. Plasmas behave in lots of interesting and sometimes unexpected ways. The course is intended only as a first plasma physics course, but includes critical concepts needed for a foundation for further study. A solid undergraduate background in classical physics, electromagnetic theory including Maxwell's equations, and mathematical familiarity with partial differential equations and complex analysis are prerequisites. The course introduces plasma phenomena relevant to energy generation by controlled thermonuclear fusion and to astrophysics, coulomb collisions and transport processes, motion of charged particles in magneSubjects

plasma phenomena | plasma phenomena | energy generation | energy generation | controlled thermonuclear fusion | controlled thermonuclear fusion | astrophysics | astrophysics | Coulomb collisions | Coulomb collisions | transport processes | transport processes | charged particles | charged particles | magnetic fields | magnetic fields | plasma confinement schemes | plasma confinement schemes | MHD models | MHD models | simple equilibrium | simple equilibrium | stability analysis | stability analysis | Two-fluid hydrodynamic plasma models | Two-fluid hydrodynamic plasma models | wave propagation | wave propagation | kinetic theory | kinetic theory | Vlasov plasma model | Vlasov plasma model | electron plasma waves | electron plasma waves | Landau damping | Landau damping | ion-acoustic waves | ion-acoustic waves | streaming instabilities | streaming instabilities | fourth state of matter | fourth state of matter | plasma state | plasma state | visible universe | visible universe | economics | economics | plasmas | plasmas | motion of charged particles | motion of charged particles | two-fluid hydrodynamic plasma models | two-fluid hydrodynamic plasma models | Debye Shielding | Debye Shielding | collective effects | collective effects | charged particle motion | charged particle motion | EM Fields | EM Fields | cross-sections | cross-sections | relaxation | relaxation | fluid plasma descriptions | fluid plasma descriptions | MHD equilibrium | MHD equilibrium | MHD dynamics | MHD dynamics | dynamics in two-fluid plasmas | dynamics in two-fluid plasmas | cold plasma waves | cold plasma waves | magnetic field | magnetic field | microscopic to fluid plasma descriptions | microscopic to fluid plasma descriptions | Vlasov-Maxwell kinetic theory.linear Landau growth | Vlasov-Maxwell kinetic theory.linear Landau growth | kinetic description of waves | kinetic description of waves | instabilities | instabilities | Vlasov-Maxwell kinetic theory | Vlasov-Maxwell kinetic theory | linear Landau growth | linear Landau growth | 22.611 | 22.611 | 6.651 | 6.651 | 8.613 | 8.613License

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.htmSite sourced from

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See all metadataDescription

5.302 is a 3-unit course intended to provide freshmen with a stimulating and enjoyable "hands-on" experience with chemical phenomena. The aim of this course is to provide freshmen with an opportunity to get "up close and personal" with the chemical phenomena introduced in 5.111, 5.112 and 3.091. Interesting and dramatic experiments have been selected to illustrate and reinforce the concepts and principles introduced in the chemistry core lecture courses. WARNING NOTICE The experiments described in these materials are potentially hazardous and require a high level of safety training, special facilities and equipment, and supervision by appropriate individuals. You bear the sole responsibility, liability, and risk for the implementation of such safety procedur 5.302 is a 3-unit course intended to provide freshmen with a stimulating and enjoyable "hands-on" experience with chemical phenomena. The aim of this course is to provide freshmen with an opportunity to get "up close and personal" with the chemical phenomena introduced in 5.111, 5.112 and 3.091. Interesting and dramatic experiments have been selected to illustrate and reinforce the concepts and principles introduced in the chemistry core lecture courses. WARNING NOTICE The experiments described in these materials are potentially hazardous and require a high level of safety training, special facilities and equipment, and supervision by appropriate individuals. You bear the sole responsibility, liability, and risk for the implementation of such safety procedurSubjects

experimental chemistry | experimental chemistry | chemistry experiments | chemistry experiments | chemical equilibrium | chemical equilibrium | coordination chemistry | coordination chemistry | solubility equilibrium | solubility equilibrium | redox chemistry | redox chemistry | Tollen's test | Tollen's test | chemical kinetics | chemical kinetics | iodine clock | iodine clock | nylon 6-10 | nylon 6-10 | methyl orange | methyl orangeLicense

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See all metadata8.01 Physics I (MIT) 8.01 Physics I (MIT)

Description

Physics I is a first-year physics course which introduces students to classical mechanics. Topics include: space and time; straight-line kinematics; motion in a plane; forces and equilibrium; experimental basis of Newton's laws; particle dynamics; universal gravitation; collisions and conservation laws; work and potential energy; vibrational motion; conservative forces; inertial forces and non-inertial frames; central force motions; rigid bodies and rotational dynamics. Physics I is a first-year physics course which introduces students to classical mechanics. Topics include: space and time; straight-line kinematics; motion in a plane; forces and equilibrium; experimental basis of Newton's laws; particle dynamics; universal gravitation; collisions and conservation laws; work and potential energy; vibrational motion; conservative forces; inertial forces and non-inertial frames; central force motions; rigid bodies and rotational dynamics.Subjects

classical mechanics | classical mechanics | Space and time | Space and time | straight-line kinematics | straight-line kinematics | motion in a plane | motion in a plane | experimental basis of Newton's laws | experimental basis of Newton's laws | particle dynamics | particle dynamics | universal gravitation | universal gravitation | collisions and conservation laws | collisions and conservation laws | work and potential energy | work and potential energy | vibrational motion | vibrational motion | conservative forces | conservative forces | central force motions | central force motions | inertial forces and non-inertial frames | inertial forces and non-inertial frames | rigid bodies and rotational dynamics | rigid bodies and rotational dynamics | forces and equilibrium | forces and equilibrium | space | space | time | time | space-time | space-time | planar motion | planar motion | forces | forces | equilibrium | equilibrium | Newton?s laws | Newton?s laws | collisions | collisions | conservation laws | conservation laws | work | work | potential energy | potential energy | inertial forces | inertial forces | non-inertial forces | non-inertial forces | rigid bodies | rigid bodies | rotational dynamics | rotational dynamicsLicense

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.htmSite sourced from

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See all metadata14.121 Microeconomic Theory I (MIT) 14.121 Microeconomic Theory I (MIT)

Description

This half-semester course provides an introduction to microeconomic theory designed to meet the needs of students in the economics Ph.D. program. Some parts of the course are designed to teach material that all graduate students should know. Others are used to introduce methodologies. Topics include consumer and producer theory, markets and competition, general equilibrium, and tools of comparative statics and their application to price theory. Some topics of recent interest may also be covered. This half-semester course provides an introduction to microeconomic theory designed to meet the needs of students in the economics Ph.D. program. Some parts of the course are designed to teach material that all graduate students should know. Others are used to introduce methodologies. Topics include consumer and producer theory, markets and competition, general equilibrium, and tools of comparative statics and their application to price theory. Some topics of recent interest may also be covered.Subjects

microeconomic theory | microeconomic theory | demand theory | demand theory | producer theory | producer theory | partial equilibrium | partial equilibrium | competitive markets | competitive markets | general equilibrium | general equilibrium | externalities | externalities | afriat's theorem | afriat's theorem | pricing | pricing | robust comparative statics | robust comparative staticsLicense

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.htmSite sourced from

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See all metadata18.311 Principles of Applied Mathematics (MIT) 18.311 Principles of Applied Mathematics (MIT)

Description

18.311 Principles of Continuum Applied Mathematics covers fundamental concepts in continuous applied mathematics, including applications from traffic flow, fluids, elasticity, granular flows, etc. The class also covers continuum limit; conservation laws, quasi-equilibrium; kinematic waves; characteristics, simple waves, shocks; diffusion (linear and nonlinear); numerical solution of wave equations; finite differences, consistency, stability; discrete and fast Fourier transforms; spectral methods; transforms and series (Fourier, Laplace). Additional topics may include sonic booms, Mach cone, caustics, lattices, dispersion, and group velocity. 18.311 Principles of Continuum Applied Mathematics covers fundamental concepts in continuous applied mathematics, including applications from traffic flow, fluids, elasticity, granular flows, etc. The class also covers continuum limit; conservation laws, quasi-equilibrium; kinematic waves; characteristics, simple waves, shocks; diffusion (linear and nonlinear); numerical solution of wave equations; finite differences, consistency, stability; discrete and fast Fourier transforms; spectral methods; transforms and series (Fourier, Laplace). Additional topics may include sonic booms, Mach cone, caustics, lattices, dispersion, and group velocity.Subjects

partial differential equation | partial differential equation | hyperbolic equations | hyperbolic equations | dimensional analysis | dimensional analysis | perturbation methods | perturbation methods | hyperbolic systems | hyperbolic systems | diffusion and reaction processes | diffusion and reaction processes | continuum models | continuum models | equilibrium models | equilibrium models | continuous applied mathematics | continuous applied mathematics | traffic flow | traffic flow | fluids | fluids | elasticity | elasticity | granular flows | granular flows | continuum limit | continuum limit | conservation laws | conservation laws | quasi-equilibrium | quasi-equilibrium | kinematic waves | kinematic waves | characteristics | characteristics | simple waves | simple waves | shocks | shocks | diffusion (linear and nonlinear) | diffusion (linear and nonlinear) | numerical solution of wave equations | numerical solution of wave equations | finite differences | finite differences | consistency | consistency | stability | stability | discrete and fast Fourier transforms | discrete and fast Fourier transforms | spectral methods | spectral methods | transforms and series (Fourier | Laplace) | transforms and series (Fourier | Laplace) | sonic booms | sonic booms | Mach cone | Mach cone | caustics | caustics | lattices | lattices | dispersion | dispersion | group velocity | group velocityLicense

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.htmSite sourced from

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See all metadataDescription

This subject deals primarily with equilibrium properties of macroscopic and microscopic systems, basic thermodynamics, chemical equilibrium of reactions in gas and solution phase, and macromolecular interactions. This subject deals primarily with equilibrium properties of macroscopic and microscopic systems, basic thermodynamics, chemical equilibrium of reactions in gas and solution phase, and macromolecular interactions.Subjects

thermodynamics | thermodynamics | biomolecular systems | biomolecular systems | equilibrium properties | equilibrium properties | first law of thermodynamics | first law of thermodynamics | second law of thermodynamics | second law of thermodynamics | third law of thermodynamics | third law of thermodynamics | thermochemistry | thermochemistry | entropy | entropy | Gibbs function | Gibbs function | chemical equilibrium | chemical equilibrium | macromolecular structure | macromolecular structure | binding cooperativity | binding cooperativityLicense

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.htmSite sourced from

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See all metadata14.123 Microeconomic Theory III (MIT)

Description

The central topic of this course is the theory of general equilibrium and its applications and extensions.Subjects

theory of general equilibrium | existence of equilibrium | optimality of equilibrium | Arrow's impossibility theorem | externalities | public goods | intertemporal competitive equilibrium | insurance | incomplete marketsLicense

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.htmSite sourced from

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See all metadata14.04 Intermediate Microeconomic Theory (MIT)

Description

This course focuses on the following topics: basic theory of consumer behavior; production and costs; partial equilibrium analysis of pricing in competitive and monopolistic markets; general equilibrium; welfare; and externalities. It is recommended for students planning to apply to graduate school in economics, accounting, or finance.Subjects

economics | microeconomic theory | consumer behavior | production | cost | pricing | competition | monopoly | market | equilibrium | welfare | externalities | costs | partial equilibrium analysis | competitive markets | monopolistic markets | general equilibrium | producer | consumer | strategyLicense

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See all metadata14.01SC 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 | PPACALicense

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See all metadata14.01 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.Subjects

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

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.htmSite sourced from

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See all metadata5.62 Physical Chemistry II (MIT) 5.62 Physical Chemistry II (MIT)

Description

This subject deals primarily with elementary statistical mechanics, transport properties, kinetic theory, solid state, reaction rate theory, and chemical reaction dynamics.AcknowledgementsThe lecture note materials for this course include contributions from Professor Sylvia T. Ceyer. The Staff for this course would like to acknowledge that these course materials include contributions from past instructors, textbooks, and other members of the MIT Chemistry Department affiliated with course #5.62. Since the following works have evolved over a period of many years, no single source can be attributed. This subject deals primarily with elementary statistical mechanics, transport properties, kinetic theory, solid state, reaction rate theory, and chemical reaction dynamics.AcknowledgementsThe lecture note materials for this course include contributions from Professor Sylvia T. Ceyer. The Staff for this course would like to acknowledge that these course materials include contributions from past instructors, textbooks, and other members of the MIT Chemistry Department affiliated with course #5.62. Since the following works have evolved over a period of many years, no single source can be attributed.Subjects

physical chemistry | physical chemistry | partition functions | partition functions | atomic degrees of freedom | atomic degrees of freedom | molecular degrees of freedom | molecular degrees of freedom | chemical equilibrium | chemical equilibrium | thermodynamics | thermodynamics | intermolecular potentials | intermolecular potentials | equations of state | equations of state | solid state chemistry | solid state chemistry | einstein and debye solids | einstein and debye solids | kinetic theory | kinetic theory | rate theory | rate theory | chemical kinetics | chemical kinetics | transition state theory | transition state theory | RRKM theory | RRKM theory | collision theory | collision theory | equipartition | equipartition | fermi-dirac statistics | fermi-dirac statistics | boltzmann statistics | boltzmann statistics | bose-einstein statistics | bose-einstein statistics | statistical mechanics | statistical mechanicsLicense

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See all metadata2.004 Modeling Dynamics and Control II (MIT) 2.004 Modeling Dynamics and Control II (MIT)

Description

This course is the second subject of a two-term sequence on modeling, analysis and control of dynamic systems. Topics covered include: kinematics and dynamics of mechanical systems, including rigid bodies in plane motion linear and angular momentum principles impact and collision problems linearization about equilibrium free and forced vibrations sensors and actuators control of mechanical systems integral and derivative action, lead and lag compensators root-locus design methods frequency-domain design methods applications to case-studies of multi-domain systems This course is the second subject of a two-term sequence on modeling, analysis and control of dynamic systems. Topics covered include: kinematics and dynamics of mechanical systems, including rigid bodies in plane motion linear and angular momentum principles impact and collision problems linearization about equilibrium free and forced vibrations sensors and actuators control of mechanical systems integral and derivative action, lead and lag compensators root-locus design methods frequency-domain design methods applications to case-studies of multi-domain systemsSubjects

Kinematics | | Kinematics | | dynamics of mechanical systems | | dynamics of mechanical systems | | Linear and angular momentum principles | | Linear and angular momentum principles | | Linearization about equilibrium | | Linearization about equilibrium | | Integral and derivative action | | Integral and derivative action | | lead and lag compensators | | lead and lag compensators | | Root-locus design methods | | Root-locus design methods | | Frequency-domain design methods | | Frequency-domain design methods | | multi-domain systems. | multi-domain systems.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.htmSite sourced from

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See all metadata14.454 Economic Crises (MIT) 14.454 Economic Crises (MIT)

Description

14.454 is an introduction to current macroeconomic concerns with particular emphasis on medium-run economic fluctuations, economic crises, and the role of asset markets. Topics include the explanation of high chronic unemployment in some nations, the source of modern liquidity crises, the origin and end of speculative bubbles, and the factors that lead to substantial periods of economic stagnation. 14.454 is an introduction to current macroeconomic concerns with particular emphasis on medium-run economic fluctuations, economic crises, and the role of asset markets. Topics include the explanation of high chronic unemployment in some nations, the source of modern liquidity crises, the origin and end of speculative bubbles, and the factors that lead to substantial periods of economic stagnation.Subjects

economic equilibrium | economic equilibrium | economic crisis | economic crisis | bubbles | bubbles | ex-post trading | ex-post trading | social optimum | social optimum | trading restrictions | trading restrictions | bank runs | bank runs | market contagion | market contagion | liquidity | liquidityLicense

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See all metadata22.611J Introduction to Plasma Physics I (MIT)

Description

In this course, students will learn about plasmas, the fourth state of matter. The plasma state dominates the visible universe, and is of increasing economic importance. Plasmas behave in lots of interesting and sometimes unexpected ways. The course is intended only as a first plasma physics course, but includes critical concepts needed for a foundation for further study. A solid undergraduate background in classical physics, electromagnetic theory including Maxwell's equations, and mathematical familiarity with partial differential equations and complex analysis are prerequisites. The course introduces plasma phenomena relevant to energy generation by controlled thermonuclear fusion and to astrophysics, coulomb collisions and transport processes, motion of charged particles in magneSubjects

plasma phenomena | energy generation | controlled thermonuclear fusion | astrophysics | Coulomb collisions | transport processes | charged particles | magnetic fields | plasma confinement schemes | MHD models | simple equilibrium | stability analysis | Two-fluid hydrodynamic plasma models | wave propagation | kinetic theory | Vlasov plasma model | electron plasma waves | Landau damping | ion-acoustic waves | streaming instabilities | fourth state of matter | plasma state | visible universe | economics | plasmas | motion of charged particles | two-fluid hydrodynamic plasma models | Debye Shielding | collective effects | charged particle motion | EM Fields | cross-sections | relaxation | fluid plasma descriptions | MHD equilibrium | MHD dynamics | dynamics in two-fluid plasmas | cold plasma waves | magnetic field | microscopic to fluid plasma descriptions | Vlasov-Maxwell kinetic theory.linear Landau growth | kinetic description of waves | instabilities | Vlasov-Maxwell kinetic theory | linear Landau growth | 22.611 | 6.651 | 8.613License

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.htmSite sourced from

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