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14.472 Public Economics II (MIT) 14.472 Public Economics II (MIT)

Description

This course covers theory and evidence on government expenditure policy-- topics include: The theory of public goods; Education; State and local public goods; Political economy; Redistribution and welfare policy; Social insurance programs such as social security and unemployment insurance; and Health care policy. This course covers theory and evidence on government expenditure policy-- topics include: The theory of public goods; Education; State and local public goods; Political economy; Redistribution and welfare policy; Social insurance programs such as social security and unemployment insurance; and Health care policy.

Subjects

expenditure policy | expenditure policy | theory of public goods | theory of public goods | state public goods | state public goods | local public goods | local public goods | political economy | political economy | welfare policy | welfare policy | social insurance | social insurance | social security | social security | unemployment insurance | unemployment insurance | health care policy | health care policy

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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Collecting scrap at Hetton Station Goods Yard Collecting scrap at Hetton Station Goods Yard

Description

Subjects

road | road | roof | roof | sky | sky | abstract | abstract | blur | blur | industry | industry | wheel | wheel | metal | metal | stone | stone | wall | wall | shirt | shirt | yard | yard | standing | standing | fence | fence | buildings | buildings | 1974 | 1974 | interesting | interesting | workers | workers | industrial | industrial | carriage | carriage | unitedkingdom | unitedkingdom | path | path | timber | timber | mark | mark | coat | coat | debris | debris | caps | caps | grain | grain | plate | plate | ground | ground | social | social | number | number | soil | soil | cap | cap | transportation | transportation | signage | signage | bolt | bolt | archives | archives | land | land | letter | letter | vehicle | vehicle | trousers | trousers | unusual | unusual | telegraphpole | telegraphpole | scrap | scrap | railways | railways | crease | crease | flap | flap | attentive | attentive | slope | slope | collecting | collecting | numberplate | numberplate | fascinating | fascinating | digitalimage | digitalimage | sunderland | sunderland | scrapmetal | scrapmetal | citycouncil | citycouncil | 1895 | 1895 | blackandwhitephotograph | blackandwhitephotograph | northeastofengland | northeastofengland | goodsyard | goodsyard | moorsley | moorsley | mid20thcentury | mid20thcentury | eastrainton | eastrainton | hettonlehole | hettonlehole | easingtonlane | easingtonlane | hettondowns | hettondowns | hettonurbandistrictcouncil | hettonurbandistrictcouncil | hettonstationgoodsyard | hettonstationgoodsyard | hettonleholeurbandistrict | hettonleholeurbandistrict | sunderlandmetropolitanborough | sunderlandmetropolitanborough | localgovernmentact1894 | localgovernmentact1894

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No known copyright restrictions

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Luke Swailes, general dealer, arrested for receiving stolen goods Luke Swailes, general dealer, arrested for receiving stolen goods

Description

Subjects

portrait | portrait | man | man | blur | blur | eye | eye | face | face | hat | hat | sepia | sepia | scarf | scarf | mouth | mouth | beard | beard | nose | nose | interesting | interesting | arm | arm | serious | serious | unitedkingdom | unitedkingdom | mark | mark | coat | coat | grain | grain | historic | historic | gateshead | gateshead | moustache | moustache | jewellery | jewellery | criminal | criminal | fabric | fabric | crime | crime | elderly | elderly | button | button | archives | archives | mugshot | mugshot | ribbon | ribbon | facialhair | facialhair | unusual | unusual | cloth | cloth | shoulder | shoulder | theft | theft | seated | seated | policestation | policestation | crease | crease | wrinkle | wrinkle | trial | trial | stolengoods | stolengoods | prestonpark | prestonpark | attentive | attentive | waistcoat | waistcoat | edwardian | edwardian | arrest | arrest | stealing | stealing | prisoner | prisoner | fascinating | fascinating | digitalimage | digitalimage | larceny | larceny | receiving | receiving | northshields | northshields | imprisoned | imprisoned | twomen | twomen | northtyneside | northtyneside | socialhistory | socialhistory | accomplice | accomplice | blackandwhitephotograph | blackandwhitephotograph | generaldealer | generaldealer | northeastofengland | northeastofengland | criminalrecord | criminalrecord | publicrecords | publicrecords | neutralbackground | neutralbackground | newspaperreport | newspaperreport | courthearing | courthearing | northshieldspolicecourt | northshieldspolicecourt | criminalfacesofnorthshieldsthemen | criminalfacesofnorthshieldsthemen | northshieldspolicestation | northshieldspolicestation | theshieldsdailynews | theshieldsdailynews | receivingstolengoods | receivingstolengoods | lukeswailes | lukeswailes | 23september1906 | 23september1906 | 29september1906 | 29september1906 | williamtownsley | williamtownsley

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No known copyright restrictions

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14.472 Public Economics II (MIT)

Description

This course covers theory and evidence on government expenditure policy-- topics include: The theory of public goods; Education; State and local public goods; Political economy; Redistribution and welfare policy; Social insurance programs such as social security and unemployment insurance; and Health care policy.

Subjects

expenditure policy | theory of public goods | state public goods | local public goods | political economy | welfare policy | social insurance | social security | unemployment insurance | health care policy

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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11.165 Infrastructure in Crisis: Energy and Security Challenges (MIT) 11.165 Infrastructure in Crisis: Energy and Security Challenges (MIT)

Description

The purpose of this seminar is to examine efforts in developing and advanced nations and regions to create, finance and regulate infrastructure systems and services that affect energy security. We will introduce a variety of methodological and disciplinary perspectives. During the seminar, students will explore how an energy crisis can be an opportunity for making fundamental changes to improve collapsing infrastructure networks. The sessions will be used to introduce the challenges to modern society concerning energy security, and for students to study how food security and energy security are intertwined, as well as how infrastructure supports the energy system. We will review the moral hazard aspects of infrastructure and the common arguments for withholding adequate support to the reb The purpose of this seminar is to examine efforts in developing and advanced nations and regions to create, finance and regulate infrastructure systems and services that affect energy security. We will introduce a variety of methodological and disciplinary perspectives. During the seminar, students will explore how an energy crisis can be an opportunity for making fundamental changes to improve collapsing infrastructure networks. The sessions will be used to introduce the challenges to modern society concerning energy security, and for students to study how food security and energy security are intertwined, as well as how infrastructure supports the energy system. We will review the moral hazard aspects of infrastructure and the common arguments for withholding adequate support to the reb

Subjects

Energy infrastructure | Energy infrastructure | energy crisis | energy crisis | energy security | energy security | economics of public goods and infrastructure | economics of public goods and infrastructure | Infrastructure development | Infrastructure development | infrastructure policy | infrastructure policy | infrastructure financing | infrastructure financing | energy system | energy system | food security | food security | political economy of energy | political economy of energy | long term development of energy | long term development of energy | infrastructure delivery | infrastructure delivery

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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14.42 Environmental Policy and Economics (MIT) 14.42 Environmental Policy and Economics (MIT)

Description

This course explores the proper role of government in the regulation of the environment. It will help students develop the tools to estimate the costs and benefits of environmental regulations. These tools will be used to evaluate a series of current policy questions, including: Should air and water pollution regulations be tightened or loosened? What are the costs of climate change in the U.S. and abroad? Is there a "Race to the Bottom" in environmental regulation? Students will help design and execute a cutting edge research project that tests whether air pollution causes infant mortality. To gain real world experience, the course will include a guest lecture from a former EPA plant inspector and is tentatively scheduled to include a visit to a local polluting plant. This course explores the proper role of government in the regulation of the environment. It will help students develop the tools to estimate the costs and benefits of environmental regulations. These tools will be used to evaluate a series of current policy questions, including: Should air and water pollution regulations be tightened or loosened? What are the costs of climate change in the U.S. and abroad? Is there a "Race to the Bottom" in environmental regulation? Students will help design and execute a cutting edge research project that tests whether air pollution causes infant mortality. To gain real world experience, the course will include a guest lecture from a former EPA plant inspector and is tentatively scheduled to include a visit to a local polluting plant.

Subjects

economics | economics | policy | policy | environment | environment | environmental economics | environmental economics | public policy | public policy | cost-benefit analysis | cost-benefit analysis | resource management | resource management | government | government | safety | safety | health | health | regulation | regulation | sustainability | sustainability | public goods | public goods | pollution | pollution | taxes | taxes | green | green | risk | risk | liability | liability | industry | industry | kuznets curves | kuznets curves | trade | trade | competition | competition | growth | growth | double dividend | double dividend | accounting | accounting | hedonic | hedonic | valuation | valuation | global warming | global warming | cost | cost

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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14.454 Macroeconomic Theory IV (MIT) 14.454 Macroeconomic Theory IV (MIT)

Description

This half-term course covers the macroeconomic implications of imperfections in labor markets, goods markets, credit and financial markets. The role of nominal rigidities is also an area of focus. This half-term course covers the macroeconomic implications of imperfections in labor markets, goods markets, credit and financial markets. The role of nominal rigidities is also an area of focus.

Subjects

macroeconomic implications of imperfections in labor markets | macroeconomic implications of imperfections in labor markets | macroeconomics | macroeconomics | goods markets | goods markets | credit markets | credit markets | financial markets | financial markets | nominal rigidities | nominal rigidities

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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17.884J Collective Choice I (MIT) 17.884J 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 science | Political science | economics | economics | political economy | political economy | democratic | democratic | countries | countries | collective | collective | choice | choice | electoral competiton | electoral competiton | public goods | public goods | size | size | government | government | taxation | taxation | income redistribution | income redistribution | macroeconomic policy | macroeconomic policy | voting models | voting models | equilibrium models | equilibrium models | information | information | learning | learning | agency models | agency models | political parties | political parties | vote-buying | vote-buying | vote-trading | vote-trading | resource allocation | resource allocation | Colonel Blotto | Colonel Blotto | interest groups | interest groups | lobbying | lobbying | legislatures | legislatures | bargaining | bargaining | coalitions | coalitions | stability | stability | informational | informational | distributive | distributive | theories | theories | executive | executive | relations | relations | representative democracy | representative 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 http://ocw.mit.edu/terms/index.htm

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14.54 International Trade (MIT) 14.54 International Trade (MIT)

Description

The course will help us understand what determines the flow of goods across countries, i.e. international trade, and what determines the flow of savings and investments from one country to another, i.e. international finance. The subject is one of the oldest fields in economics and is extremely topical at the moment, with the ongoing debate on globalization, free trade agreements, the large current account deficits of the US, the prospects for exchange rates, and the calls for a new global financial architecture following the financial crises in East Asia and Argentina. In the course we will both cover the basic tools and some topics of current interest. The course will help us understand what determines the flow of goods across countries, i.e. international trade, and what determines the flow of savings and investments from one country to another, i.e. international finance. The subject is one of the oldest fields in economics and is extremely topical at the moment, with the ongoing debate on globalization, free trade agreements, the large current account deficits of the US, the prospects for exchange rates, and the calls for a new global financial architecture following the financial crises in East Asia and Argentina. In the course we will both cover the basic tools and some topics of current interest.

Subjects

Economics | Economics | international | international | trade | trade | goods | goods | countries | countries | savings | savings | investments | investments | international finance | international finance | globalization | globalization | free trade | free trade | t deficits | t deficits | United States | United States | exchange rates | exchange rates | financial crises | financial crises | East Asia | East Asia | Argentina | Argentina

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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11.487 Urban Public Finance in Developing Countries (MIT) 11.487 Urban Public Finance in Developing Countries (MIT)

Description

This readings-based course analyzes the structure and operation of government systems in developing countries, with particular emphasis on regional and local governments. Major topics include: the role of decentralization in national economic reform programs; the potential impact of decentralized governments on local economic development; determination of optimal arrangements for sharing fiscal responsibilities among levels of government; evaluation of local revenue and expenditure decisions; and assessment of prospects and options for intergovernmental fiscal reform. Emphasis is on basic economic concerns, with consideration given to political, institutional, and cultural factors. This readings-based course analyzes the structure and operation of government systems in developing countries, with particular emphasis on regional and local governments. Major topics include: the role of decentralization in national economic reform programs; the potential impact of decentralized governments on local economic development; determination of optimal arrangements for sharing fiscal responsibilities among levels of government; evaluation of local revenue and expenditure decisions; and assessment of prospects and options for intergovernmental fiscal reform. Emphasis is on basic economic concerns, with consideration given to political, institutional, and cultural factors.

Subjects

basic economic concerns | basic economic concerns | political | political | institutional | institutional | and cultural factors | and cultural factors | decentralization in national economic reform programs | decentralization in national economic reform programs | the potential impact of decentralized governments on local economic development | the potential impact of decentralized governments on local economic development | determination of optimal arrangements for sharing fiscal responsibilities among levels of government | determination of optimal arrangements for sharing fiscal responsibilities among levels of government | evaluation of local revenue and expenditure decisions | evaluation of local revenue and expenditure decisions | assessment of prospects and options for intergovernmental fiscal reform | assessment of prospects and options for intergovernmental fiscal reform | political | institutional | and cultural factors | political | institutional | and cultural factors | developing countries | developing countries | public goods | public goods | externalities | externalities | economic development | economic development | balance sheets | balance sheets | fiscal gap | fiscal gap | revenues | revenues | expenditures | expenditures | budget deficits | budget deficits | inflation | inflation | public finance theory | public finance theory | efficiency | efficiency | optimal taxation | optimal taxation | optimal user fees | optimal user fees | basic microeconomic theory | basic microeconomic theory | equity | equity | incidence | incidence | general equilibrium model | general equilibrium model | property taxation | property taxation | tax reform | tax reform | intergovernmental fiscal relations | intergovernmental fiscal relations | fiscal federalism | fiscal federalism | decentralization | decentralization | transfers | transfers | international lending agencies | international lending agencies | programming assistance | programming assistance | conditionalities | conditionalities | public debt | public debt | structural adjustment | structural adjustment | private sector participation | private sector participation | microfinance | microfinance

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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14.123 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 markets

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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International Relations (MIT) International Relations (MIT)

Description

This graduate course is divided intothree parts. Together they are intended to provide theoretical, empirical, and policy perspectives on source and consequences of globalization, focusing on emergent structures and processes, and on the implications of flows of goods and services across national boundaries - with special attention to the issue of migration, on the assumption that people matter and matter a lot. An important concern addressed pertains to the dilemmas of international policies that are shaped by the macro-level consequences of micro-level behavior. This graduate course is divided intothree parts. Together they are intended to provide theoretical, empirical, and policy perspectives on source and consequences of globalization, focusing on emergent structures and processes, and on the implications of flows of goods and services across national boundaries - with special attention to the issue of migration, on the assumption that people matter and matter a lot. An important concern addressed pertains to the dilemmas of international policies that are shaped by the macro-level consequences of micro-level behavior.

Subjects

globalization | globalization | migration | migration | international relations | international relations | political science | political science | environment | environment | public policy | public policy | transnational organization | transnational organization | sustainable development | sustainable development | global change | global change | government | government | technology | technology | security | security | civil society | civil society | political theory | political theory | theory | theory | policy | policy | emergent structures | emergent structures | processes | processes | flows | flows | goods | goods | services | services | national boundaries | national boundaries | international trade | international trade | immigration | immigration | international policies | international policies | macro-level | macro-level | micro-level behavior | micro-level behavior | policy dilemmas | policy dilemmas | comparative politics | comparative politics | integration | integration | national economies | national economies | IR | IR | IPE | IPE | sovereignty | sovereignty | inter-state relations | inter-state relations | supra-state | supra-state | non-state | non-state | narrow globalization | narrow globalization | comlex view | comlex view | international conflict | international conflict | domestic politics | domestic politics | international politics | international politics | population movements | population movements | macro-level behavior | macro-level behavior | complex view | complex view

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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14.452 Macroeconomic Theory II (MIT) 14.452 Macroeconomic Theory II (MIT)

Description

This is the second course in the four-quarter graduate sequence in macroeconomics. Its purpose is to introduce the basic models macroeconomists use to study fluctuations.The course is organized around nine topics/sections:Fluctuations and FactsThe basic model: the consumption/saving choiceAllowing for a labor/leisure choice (the RBC model)Allowing for non trivial investment decisionsAllowing for two goodsIntroducing moneyIntroducing price settingIntroducing staggering of price decisionsApplications to fiscal and monetary policy MATLAB® is a trademark of The MathWorks, Inc. This is the second course in the four-quarter graduate sequence in macroeconomics. Its purpose is to introduce the basic models macroeconomists use to study fluctuations.The course is organized around nine topics/sections:Fluctuations and FactsThe basic model: the consumption/saving choiceAllowing for a labor/leisure choice (the RBC model)Allowing for non trivial investment decisionsAllowing for two goodsIntroducing moneyIntroducing price settingIntroducing staggering of price decisionsApplications to fiscal and monetary policy MATLAB® is a trademark of The MathWorks, Inc.

Subjects

Economics | Economics | Macroeconomics | Macroeconomics | fluctuations | fluctuations | consumption | consumption | saving | saving | money | money | labor | labor | leisure | leisure | investment | investment | goods | goods | price setting | price setting | fiscal policy | fiscal policy | monetary policy | monetary policy

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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17.812J 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

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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17.955 Civil Society, Social Capital, and the State in Comparative Perspective (MIT) 17.955 Civil Society, Social Capital, and the State in Comparative Perspective (MIT)

Description

In recent years both scholars and policymakers have expressed a remarkable amount of interest in the concepts of social capital and civil society. A growing body of research suggests that the social networks, community norms, and associational activities signified by these concepts can have important effects on social welfare, political stability, economic development, and governmental performance. This discussion based course examines the roles played by these networks, norms, and organizations in outcomes ranging from local public goods provision and the performance of democracies to ethnic conflict and funding for terrorism. In recent years both scholars and policymakers have expressed a remarkable amount of interest in the concepts of social capital and civil society. A growing body of research suggests that the social networks, community norms, and associational activities signified by these concepts can have important effects on social welfare, political stability, economic development, and governmental performance. This discussion based course examines the roles played by these networks, norms, and organizations in outcomes ranging from local public goods provision and the performance of democracies to ethnic conflict and funding for terrorism.

Subjects

social capital | social capital | civil society | civil society | social networks | social networks | community norms | community norms | associational activities | associational activities | state | state | democracy | democracy | government | government | economic development | economic development | social welfare | social welfare | democratization | democratization | pluralism | pluralism | public goods provision | public goods provision | state capacity | state capacity | international politics | international politics | globalization | globalization | social sanctions | social sanctions | political participation | political participation | social movements | social movements | civic engagement | civic engagement | politics | politics | political science | political science | ethnic conflict | ethnic conflict | social justice | social justice

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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11.165 Infrastructure and Energy Technology Challenges (MIT) 11.165 Infrastructure and Energy Technology Challenges (MIT)

Description

This seminar examines efforts in developing and advanced nations and regions to create, finance, and regulate infrastructure and energy technologies from a variety of methodological and disciplinary perspectives. It is conducted with intensive in-class discussions and debates. This seminar examines efforts in developing and advanced nations and regions to create, finance, and regulate infrastructure and energy technologies from a variety of methodological and disciplinary perspectives. It is conducted with intensive in-class discussions and debates.

Subjects

Energy infrastructure | Energy infrastructure | energy crisis | energy crisis | energy security | energy security | economics of public goods and infrastructure | economics of public goods and infrastructure | Infrastructure development | Infrastructure development | infrastructure policy | infrastructure policy | infrastructure financing | infrastructure financing | energy system | energy system | food security | food security | political economy of energy | political economy of energy | long term development of energy | long term development of energy | infrastructure delivery | infrastructure delivery

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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11.487 Urban Public Finance in Developing Countries (MIT) 11.487 Urban Public Finance in Developing Countries (MIT)

Description

This readings-based course analyzes the structure and operation of government systems in developing countries, with particular emphasis on regional and local governments. Major topics include: the role of decentralization in national economic reform programs, the potential impact of decentralized governments on local economic development, determination of optimal arrangements for sharing fiscal responsibilities among levels of government, evaluation of local revenue and expenditure decisions, and assessment of prospects and options for intergovernmental fiscal reform. Emphasis is on basic economic concerns, with consideration given to political, institutional, and cultural factors. This readings-based course analyzes the structure and operation of government systems in developing countries, with particular emphasis on regional and local governments. Major topics include: the role of decentralization in national economic reform programs, the potential impact of decentralized governments on local economic development, determination of optimal arrangements for sharing fiscal responsibilities among levels of government, evaluation of local revenue and expenditure decisions, and assessment of prospects and options for intergovernmental fiscal reform. Emphasis is on basic economic concerns, with consideration given to political, institutional, and cultural factors.

Subjects

basic economic concerns | basic economic concerns | political | political | institutional | institutional | and cultural factors | and cultural factors | decentralization in national economic reform programs | decentralization in national economic reform programs | the potential impact of decentralized governments on local economic development | the potential impact of decentralized governments on local economic development | determination of optimal arrangements for sharing fiscal responsibilities among levels of government | determination of optimal arrangements for sharing fiscal responsibilities among levels of government | evaluation of local revenue and expenditure decisions | evaluation of local revenue and expenditure decisions | assessment of prospects and options for intergovernmental fiscal reform | assessment of prospects and options for intergovernmental fiscal reform | political | institutional | and cultural factors | political | institutional | and cultural factors | developing countries | developing countries | public goods | public goods | externalities | externalities | economic development | economic development | balance sheets | balance sheets | fiscal gap | fiscal gap | revenues | revenues | expenditures | expenditures | budget deficits | budget deficits | inflation | inflation | public finance theory | public finance theory | efficiency | efficiency | optimal taxation | optimal taxation | optimal user fees | optimal user fees | basic microeconomic theory | basic microeconomic theory | equity | equity | incidence | incidence | general equilibrium model | general equilibrium model | property taxation | property taxation | tax reform | tax reform | intergovernmental fiscal relations | intergovernmental fiscal relations | fiscal federalism | fiscal federalism | decentralization | decentralization | transfers | transfers | international lending agencies | international lending agencies | programming assistance | programming assistance | conditionalities | conditionalities | public debt | public debt | structural adjustment | structural adjustment | private sector participation | private sector participation | microfinance | microfinance

License

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14.42 Environmental Policy and Economics (MIT) 14.42 Environmental Policy and Economics (MIT)

Description

This course explores the proper role of government in the regulation of the environment. It will help students develop the tools to estimate the costs and benefits of environmental regulations. These tools will be used to evaluate a series of current policy questions, including: Should air and water pollution regulations be tightened or loosened? What are the costs of climate change in the U.S. and abroad? Is there a "Race to the Bottom" in environmental regulation? What is "sustainable development"? How do environmental problems differ in developing countries? Are we running out of oil and other natural resources? Should we be more energy efficient? To gain real world experience, the course is scheduled to include a visit to the MIT cogeneration plant. We will also do This course explores the proper role of government in the regulation of the environment. It will help students develop the tools to estimate the costs and benefits of environmental regulations. These tools will be used to evaluate a series of current policy questions, including: Should air and water pollution regulations be tightened or loosened? What are the costs of climate change in the U.S. and abroad? Is there a "Race to the Bottom" in environmental regulation? What is "sustainable development"? How do environmental problems differ in developing countries? Are we running out of oil and other natural resources? Should we be more energy efficient? To gain real world experience, the course is scheduled to include a visit to the MIT cogeneration plant. We will also do

Subjects

economics | economics | policy | policy | environment | environment | environmental economics | environmental economics | public policy | public policy | cost-benefit analysis | cost-benefit analysis | resource management | resource management | environmental regulation | environmental regulation | health | health | sustainability | sustainability | public goods | public goods | pollution | pollution | Pigouvian taxes | Pigouvian taxes | liability | liability | kuznets curves | kuznets curves | competition | competition | growth | growth | double dividend | double dividend | hedonic | hedonic | valuation | valuation | global warming | global warming | Porter hypothesis | Porter hypothesis | social choice | social choice | carbon offsets | carbon offsets | clean development | clean development | renewables | renewables

License

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14.41 Public Finance and Public Policy (MIT) 14.41 Public Finance and Public Policy (MIT)

Description

Explores the role of government in the economy, applying tools of basic microeconomics to answer important policy questions such as government response to global warming, school choice by K-12 students, Social Security versus private retirement savings accounts, government versus private health insurance, setting income tax rates for individuals and corporations. Explores the role of government in the economy, applying tools of basic microeconomics to answer important policy questions such as government response to global warming, school choice by K-12 students, Social Security versus private retirement savings accounts, government versus private health insurance, setting income tax rates for individuals and corporations.

Subjects

social security | social security | insurance | insurance | taxation | taxation | welfare | welfare | public education | public education | economics of public goods | economics of public goods | corporate taxation | corporate taxation | taxation and savings | taxation and savings | tax reform | tax reform | redistribution | redistribution | fiscal federalism | fiscal federalism | political economy | political economy | externalities | externalities | health insurance | health insurance | disability insurance | disability insurance | workers compensation | workers compensation | public finance | public finance | public policy | public policy

License

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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 mechanism

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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14.54 International Trade (MIT) 14.54 International Trade (MIT)

Description

This course is an introduction to the theory of international trade and finance with applications to current policy issues. In this course we will cover the basic tools to understand what determines the flow of goods across countries, i.e. international trade, and what determines the flow of savings and investments from one country to another, i.e. international finance. We will also cover applications to a number of topics of current interest, including the debate on globalization, free trade agreements, the U.S. current account deficit, the medium run prospects for exchange rates, European integration, and the debate on global financial architecture following the financial crises in East Asia and Argentina. This course is an introduction to the theory of international trade and finance with applications to current policy issues. In this course we will cover the basic tools to understand what determines the flow of goods across countries, i.e. international trade, and what determines the flow of savings and investments from one country to another, i.e. international finance. We will also cover applications to a number of topics of current interest, including the debate on globalization, free trade agreements, the U.S. current account deficit, the medium run prospects for exchange rates, European integration, and the debate on global financial architecture following the financial crises in East Asia and Argentina.

Subjects

theory of international trade | theory of international trade | finance | finance | policy | policy | flow of goods | flow of goods | flow of savings and investments | flow of savings and investments | globalization | globalization | free trade agreements | free trade agreements | the US current account deficit | the US current account deficit | exchange rates | exchange rates | European integration | European integration | global financial architecture | global financial architecture | financial crises | financial crises | East Asia | East Asia | Argentina | Argentina

License

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14.123 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 markets

License

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14.02 Principles of Macroeconomics (MIT) 14.02 Principles of Macroeconomics (MIT)

Description

This course provides an overview of the following macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. This course also introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies. This course provides an overview of the following macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. This course also introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies.

Subjects

macroeconomics | macroeconomics | economics | economics | output | output | employment | employment | determination | determination | unemployment | unemployment | interest rates | interest rates | Federal Reserve | Federal Reserve | inflation | inflation | monetary policy | monetary policy | fiscal policy | fiscal policy | public debt | public debt | international economics | international economics | goods market | goods market | market | market | financial markets | financial markets | open economy | open economy | exchange rate | exchange rate | labor market | labor market | phillips curve | phillips curve | growth | growth | Solow's model | Solow's model | MACROECONOMICS | MACROECONOMICS | ECONOMICS | ECONOMICS | OUTPUT | OUTPUT | Macroeconomics | Macroeconomics | EMPLOYMENT | EMPLOYMENT | DETERMINATION | DETERMINATION | UNEMPLOYMENT | UNEMPLOYMENT | INTEREST RATES | INTEREST RATES | FEDERAL RESERVE | FEDERAL RESERVE | INFLATION | INFLATION | MONETARY POLICY | MONETARY POLICY | FISCAL POLICY | FISCAL POLICY | PUBLIC DEBT | PUBLIC DEBT | INTERNATIONAL ECONOMICS | INTERNATIONAL ECONOMICS | GOODS MARKET | GOODS MARKET | MARKET | MARKET | FINANCIAL MARKETS | FINANCIAL MARKETS | OPEN ECONOMY | OPEN ECONOMY | EXCHANGE RATE | EXCHANGE RATE | LABOR MARKET | LABOR MARKET | PHILLIPS CURVE | PHILLIPS CURVE | GROWTH | GROWTH | SOLOW'S MODEL | SOLOW'S MODEL | Economics | Economics | Output | Output | Employment | Employment | Determination | Determination | Unemployment | Unemployment | Interest Rates | Interest Rates | Inflation | Inflation | Monetary Policy | Monetary Policy | Fiscal Policy | Fiscal Policy | Public Debt | Public Debt | International Economics | International Economics | Goods Market | Goods Market | Market | Market | Financial Markets | Financial Markets | Open Economy | Open Economy | Exchange Rate | Exchange Rate | Labor Market | Labor Market | Phillips Curve | Phillips Curve | Growth | Growth | Solow's Model | Solow's Model

License

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14.13 Economics and Psychology (MIT) 14.13 Economics and Psychology (MIT)

Description

This course integrates psychological insights into economic models of behavior. It discusses the limitations of standard economic models and surveys the ways in which psychological experiments have been used to learn about preferences, cognition, and behavior. Topics include: trust, vengeance, fairness, impatience, impulsivity, bounded rationality, learning, reinforcement, classical conditioning, loss-aversion, over-confidence, self-serving biases, cognitive dissonance, altruism, subjective well-being, and hedonic adaptation. Economic concepts such as equilibrium, rational choice, utility maximization, Bayesian beliefs, game theory, and behavior under uncertainty are discussed in light of these phenomena. This course integrates psychological insights into economic models of behavior. It discusses the limitations of standard economic models and surveys the ways in which psychological experiments have been used to learn about preferences, cognition, and behavior. Topics include: trust, vengeance, fairness, impatience, impulsivity, bounded rationality, learning, reinforcement, classical conditioning, loss-aversion, over-confidence, self-serving biases, cognitive dissonance, altruism, subjective well-being, and hedonic adaptation. Economic concepts such as equilibrium, rational choice, utility maximization, Bayesian beliefs, game theory, and behavior under uncertainty are discussed in light of these phenomena.

Subjects

behavioral economics | behavioral economics | finance | finance | psychology | psychology | prospect | prospect | prospect theory | prospect theory | bias | bias | probabilistic judgment | probabilistic judgment | self-control | self-control | mental accounting | mental accounting | fairness | fairness | altruism | altruism | public goods | public goods | market anomalies | market anomalies | market theories | market theories | economics | economics | behavior | behavior | preferences | preferences | cognition | cognition | trust | trust | vengence | vengence | impatience | impatience | impulsivity | impulsivity | bounded rationality | bounded rationality | learning | learning | reinforcement | reinforcement | classical conditioning | classical conditioning | loss-aversion | loss-aversion | over-confidence | over-confidence | self-serving biases | self-serving biases | cognitive dissonance | cognitive dissonance | subjective well-being | subjective well-being | hedonic adaptation | hedonic adaptation | equilibrium | equilibrium | rational choice | rational choice | utility maximization | utility maximization | Bayesian beliefs | Bayesian beliefs | game theory | game theory | neuroeconomics | neuroeconomics

License

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