Searching for income distribution : 23 results found | RSS Feed for this search

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11.203 Microeconomics for Planners (MIT) 11.203 Microeconomics for Planners (MIT)

Description

Microeconomics for Planners, 11.203, will ground you in basic microeconomics - how markets function, how to think about allocating scarce resources, what profit maximizing behavior means in different kinds of markets, how technology and trade reshapes all of this, etc. Along the way, it will also give you a sense of several of the major economic issues in the presidential campaign. We will consider activities that markets don’t directly capture - the value of an historic preservation district or the costs imposed by pollution - in November and December during Gateway: Planning Economics, 11.202. Microeconomics for Planners, 11.203, will ground you in basic microeconomics - how markets function, how to think about allocating scarce resources, what profit maximizing behavior means in different kinds of markets, how technology and trade reshapes all of this, etc. Along the way, it will also give you a sense of several of the major economic issues in the presidential campaign. We will consider activities that markets don’t directly capture - the value of an historic preservation district or the costs imposed by pollution - in November and December during Gateway: Planning Economics, 11.202.

Subjects

microeconomics | microeconomics | markets | markets | profit | profit | standard of living | standard of living | economics for planners | economics for planners | income distribution | income distribution | economic analysis | economic analysis | deregulation | deregulation | profit maximization | profit maximization | oligopoly; monopoly | oligopoly; monopoly | tragedy of the commons | tragedy of the commons | oligopoly | oligopoly | monopoly | monopoly

License

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14.452 Economic Growth (MIT) 14.452 Economic Growth (MIT)

Description

This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries. This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.

Subjects

economic growth | economic growth | development | development | modern | modern | world income distribution | world income distribution | Solow growth model | Solow growth model | income differences | income differences | neoclassical growth | neoclassical growth | optimal and competitive allocations | optimal and competitive allocations | welfare theorems | welfare theorems | overlapping generations | overlapping generations | dynamic efficiency | dynamic efficiency | growth under uncertainty | growth under uncertainty | incomplete markets | incomplete markets | neoclassical endogenous growth | neoclassical endogenous growth | capital accumulation | capital accumulation | externalities | externalities | human capital | human capital | endogenous growth | endogenous growth | expanding input varieties | expanding input varieties | Schumpeterian models | Schumpeterian models | endogenous skill-bias technological change | endogenous skill-bias technological change | endogenous labor-augmenting technological change | endogenous labor-augmenting technological change | interdependences | interdependences | technology diffusion | technology diffusion | open economy | open economy | trade | trade

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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14.64 Labor Economics and Public Policy (MIT) 14.64 Labor Economics and Public Policy (MIT)

Description

The course is an introduction to the field of Labor Economics, with an eye to helping students think critically about research and public policy. The emphasis is on applied microeconomics and empirical analysis. Topics to be covered include: labor supply and demand, taxes and transfers, human capital, minimum wages, income distribution, unions and strikes, immigration, incentives, discrimination, unemployment and unemployment insurance. The course is an introduction to the field of Labor Economics, with an eye to helping students think critically about research and public policy. The emphasis is on applied microeconomics and empirical analysis. Topics to be covered include: labor supply and demand, taxes and transfers, human capital, minimum wages, income distribution, unions and strikes, immigration, incentives, discrimination, unemployment and unemployment insurance.

Subjects

Labor Economics | Labor Economics | public policy | public policy | applied microeconomics | applied microeconomics | empirical analysis | empirical analysis | labor supply and demand | labor supply and demand | taxes and transfers | taxes and transfers | human capital | human capital | minimum wages | minimum wages | income distribution | income distribution | unions and strikes | unions and strikes | immigration | immigration | incentives | incentives | discrimination | discrimination | unemployment and unemployment insurance | unemployment and unemployment insurance

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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11.203 Microeconomics (MIT) 11.203 Microeconomics (MIT)

Description

Microeconomics (11.203) is a course that runs for the first two-thirds of the semester. It is designed for incoming city planning students with little or no economics background. Incoming students take a voluntary microeconomics test-out at the beginning of the semester. Those that pass the test-out are exempt from taking Microeconomics.Planning Economics (11.202) is a course that runs for one-third of a semester and covers economics topics of particular interest to city planning students: location theory, the interplay between externalities and zoning, international trade and globalization, and housing finance. Few incoming students have had prior exposure to these topics.To minimize disruption, Planning Economics is positioned as the last third of a semester long core course on Planning Microeconomics (11.203) is a course that runs for the first two-thirds of the semester. It is designed for incoming city planning students with little or no economics background. Incoming students take a voluntary microeconomics test-out at the beginning of the semester. Those that pass the test-out are exempt from taking Microeconomics.Planning Economics (11.202) is a course that runs for one-third of a semester and covers economics topics of particular interest to city planning students: location theory, the interplay between externalities and zoning, international trade and globalization, and housing finance. Few incoming students have had prior exposure to these topics.To minimize disruption, Planning Economics is positioned as the last third of a semester long core course on Planning

Subjects

microeconomics | microeconomics | markets | markets | profit | profit | standard of living | standard of living | economics for planners | economics for planners | income distribution | income distribution | economic analysis | economic analysis | deregulation | deregulation | profit maximization | profit maximization | oligopoly | oligopoly | monopoly | monopoly | tragedy of the commons | tragedy of the commons

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

Description

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

Subjects

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

License

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 Economic Growth (MIT) 14.452 Economic Growth (MIT)

Description

This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries. This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.

Subjects

economic growth | economic growth | development | development | modern | modern | world income distribution | world income distribution | Solow growth model | Solow growth model | income differences | income differences | neoclassical growth | neoclassical growth | optimal and competitive allocations | optimal and competitive allocations | welfare theorems | welfare theorems | overlapping generations | overlapping generations | dynamic efficiency | dynamic efficiency | growth under uncertainty | growth under uncertainty | incomplete markets | incomplete markets | neoclassical endogenous growth | neoclassical endogenous growth | capital accumulation | capital accumulation | externalities | externalities | human capital | human capital | endogenous growth | endogenous growth | expanding input varieties | expanding input varieties | directed technical change | directed technical change | endogenous skill-bias technological change | endogenous skill-bias technological change | endogenous labor-augmenting technological change | endogenous labor-augmenting technological change | interdependences | interdependences | technology diffusion | technology diffusion | open economy | open economy | trade | trade

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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14.64 Labor Economics and Public Policy (MIT) 14.64 Labor Economics and Public Policy (MIT)

Description

This course is an introduction to labor economics with an emphasis on applied microeconomic theory and empirical analysis. We are especially interested in the link between research and public policy. Topics to be covered include: labor supply and demand, taxes and transfers, minimum wages, immigration, human capital, education production, inequality, discrimination, unions and strikes, and unemployment. This course is an introduction to labor economics with an emphasis on applied microeconomic theory and empirical analysis. We are especially interested in the link between research and public policy. Topics to be covered include: labor supply and demand, taxes and transfers, minimum wages, immigration, human capital, education production, inequality, discrimination, unions and strikes, and unemployment.

Subjects

labor Economics | labor Economics | public policy | public policy | applied microeconomics | applied microeconomics | empirical analysis | empirical analysis | labor supply and demand | labor supply and demand | taxes and transfers | taxes and transfers | human capital | human capital | minimum wages | minimum wages | income distribution | income distribution | unions and strikes | unions and strikes | immigration | immigration | incentives | incentives | discrimination | discrimination | unemployment and unemployment insurance | unemployment and unemployment insurance | bargaining | bargaining | economics of the family | economics of the family | decision to work | decision to work | home production | home production | monpsony | monpsony | education | education | training | training

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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14.662 Labor Economics II (MIT) 14.662 Labor Economics II (MIT)

Description

This is the second of a two-part sequence of courses in labor economics. The course sequence is also open to qualified students in related fields and classes may be taken individually or out of sequence. This part of the sequence is principally concerned with issues relating to the determinants of the wage and salary distribution. The first half is organized around topics in wage determination, which are of particular interest for current research and policy and culminates with a focus on recent debates about the increasing dispersion of wage and salary income. The second half of the course is focused on labor market institutions and technological changes, and relates the debate about the income distribution to other major changes in the structure and texture of advanced industrial societi This is the second of a two-part sequence of courses in labor economics. The course sequence is also open to qualified students in related fields and classes may be taken individually or out of sequence. This part of the sequence is principally concerned with issues relating to the determinants of the wage and salary distribution. The first half is organized around topics in wage determination, which are of particular interest for current research and policy and culminates with a focus on recent debates about the increasing dispersion of wage and salary income. The second half of the course is focused on labor market institutions and technological changes, and relates the debate about the income distribution to other major changes in the structure and texture of advanced industrial societi

Subjects

labor | labor | economics | economics | trade unions | trade unions | wage differentials | wage differentials | international trade | international trade | wage and salary distribution | wage and salary distribution | wage determination | wage determination | increasing dispersion of wage and salary income | increasing dispersion of wage and salary income | labor market institutions | labor market institutions | technological changes | technological changes | income distribution | income distribution | United States and other advanced industrial countries | United States and other advanced industrial countries | moral hazard and agency | moral hazard and agency | Static single agent models | Static single agent models | Intrinsic motivation | Intrinsic motivation | Multiple tasks | Multiple tasks | Multiple agents | Multiple agents | Dynamic agency | Dynamic agency | Efficiency wages | Efficiency wages | Employer Wage Differentials | Employer Wage Differentials | Industry and firm size differentials | Industry and firm size differentials | Compensating differentials | Compensating differentials | Discrimination and Differentials by Race and Gender | Discrimination and Differentials by Race and Gender | Changes in the Wage Structure and Inequality | Changes in the Wage Structure and Inequality | Worker Motivation and Behavior | Worker Motivation and Behavior | Social Dimensions of the Labor Force | Social Dimensions of the Labor Force | Social class | Social class | Social capital | Social capital | Immigration | Immigration | Quasi-unions in the New Labor Market | Quasi-unions in the New Labor Market | Labor market regulations in a global economy | Labor market regulations in a global economy

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

Description

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

Subjects

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

License

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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14.662 Labor Economics II (MIT) 14.662 Labor Economics II (MIT)

Description

This is the second of a two-part sequence of courses in labor economics. The course sequence is also open to qualified students in related fields and classes may be taken individually or out of sequence. This part of the sequence is principally concerned with issues relating to the determinants of the wage and salary distribution. The first half is organized around topics in wage determination, which are of particular interest for current research and policy and culminates with a focus on recent debates about the increasing dispersion of wage and salary income. The second half of the course is focused on labor market institutions and technological changes, and relates the debate about the income distribution to other major changes in the structure and texture of advanced industrial societi This is the second of a two-part sequence of courses in labor economics. The course sequence is also open to qualified students in related fields and classes may be taken individually or out of sequence. This part of the sequence is principally concerned with issues relating to the determinants of the wage and salary distribution. The first half is organized around topics in wage determination, which are of particular interest for current research and policy and culminates with a focus on recent debates about the increasing dispersion of wage and salary income. The second half of the course is focused on labor market institutions and technological changes, and relates the debate about the income distribution to other major changes in the structure and texture of advanced industrial societi

Subjects

labor | labor | economics | economics | trade unions | trade unions | wage differentials | wage differentials | international trade | international trade | wage and salary distribution | wage and salary distribution | wage determination | wage determination | increasing dispersion of wage and salary income | increasing dispersion of wage and salary income | labor market institutions | labor market institutions | technological changes | technological changes | income distribution | income distribution | United States and other advanced industrial countries | United States and other advanced industrial countries | moral hazard and agency | moral hazard and agency | Static single agent models | Static single agent models | Intrinsic motivation | Intrinsic motivation | Multiple tasks | Multiple tasks | Multiple agents | Multiple agents | Dynamic agency | Dynamic agency | Efficiency wages | Efficiency wages | Employer Wage Differentials | Employer Wage Differentials | Industry and firm size differentials | Industry and firm size differentials | Compensating differentials | Compensating differentials | Discrimination and Differentials by Race and Gender | Discrimination and Differentials by Race and Gender | Changes in the Wage Structure and Inequality | Changes in the Wage Structure and Inequality | Worker Motivation and Behavior | Worker Motivation and Behavior | Social Dimensions of the Labor Force | Social Dimensions of the Labor Force | Social class | Social class | Social capital | Social capital | Immigration | Immigration | Quasi-unions in the New Labor Market | Quasi-unions in the New Labor Market | Labor market regulations in a global economy | Labor market regulations in a global economy

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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15.024 Applied Economics for Managers (MIT)

Description

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

Subjects

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

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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International Trade

Description

Historically, international trade has played a critical role in enabling countries to grow, develop, and become economically powerful. Through international trade in goods and services, the economies of different countries are more closely linked to one another now than ever before. At the same time, the world economy is more turbulent now than it has been in decades. Keeping up with the shifting international environment has become a central concern in business strategy and national economic policy. This course uses the same fundamental methods of analysis deployed in other branches of economics, as the motives and behavior of individuals and firms remain the same whether they are in the context of international trade or domestic transactions. The student will learn, however, that in

Subjects

international trade | labor productivity | comparative advantage | income distribution | standard trade model | economies of scale | imperfect competition | international factor movements | national income accounting | international monetary system | optimum currency areas | global capital market | Social studies | L000

License

Attribution 2.0 UK: England & Wales Attribution 2.0 UK: England & Wales http://creativecommons.org/licenses/by/2.0/uk/ http://creativecommons.org/licenses/by/2.0/uk/

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14.662 Labor Economics II (MIT)

Description

This is the second of a two-part sequence of courses in labor economics. The course sequence is also open to qualified students in related fields and classes may be taken individually or out of sequence. This part of the sequence is principally concerned with issues relating to the determinants of the wage and salary distribution. The first half is organized around topics in wage determination, which are of particular interest for current research and policy and culminates with a focus on recent debates about the increasing dispersion of wage and salary income. The second half of the course is focused on labor market institutions and technological changes, and relates the debate about the income distribution to other major changes in the structure and texture of advanced industrial societi

Subjects

labor | economics | trade unions | wage differentials | international trade | wage and salary distribution | wage determination | increasing dispersion of wage and salary income | labor market institutions | technological changes | income distribution | United States and other advanced industrial countries | moral hazard and agency | Static single agent models | Intrinsic motivation | Multiple tasks | Multiple agents | Dynamic agency | Efficiency wages | Employer Wage Differentials | Industry and firm size differentials | Compensating differentials | Discrimination and Differentials by Race and Gender | Changes in the Wage Structure and Inequality | Worker Motivation and Behavior | Social Dimensions of the Labor Force | Social class | Social capital | Immigration | Quasi-unions in the New Labor Market | Labor market regulations in a global economy

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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11.203 Microeconomics for Planners (MIT)

Description

Microeconomics for Planners, 11.203, will ground you in basic microeconomics - how markets function, how to think about allocating scarce resources, what profit maximizing behavior means in different kinds of markets, how technology and trade reshapes all of this, etc. Along the way, it will also give you a sense of several of the major economic issues in the presidential campaign. We will consider activities that markets don’t directly capture - the value of an historic preservation district or the costs imposed by pollution - in November and December during Gateway: Planning Economics, 11.202.

Subjects

microeconomics | markets | profit | standard of living | economics for planners | income distribution | economic analysis | deregulation | profit maximization | oligopoly; monopoly | tragedy of the commons | oligopoly | monopoly

License

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

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14.452 Economic Growth (MIT)

Description

This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.

Subjects

economic growth | development | modern | world income distribution | Solow growth model | income differences | neoclassical growth | optimal and competitive allocations | welfare theorems | overlapping generations | dynamic efficiency | growth under uncertainty | incomplete markets | neoclassical endogenous growth | capital accumulation | externalities | human capital | endogenous growth | expanding input varieties | Schumpeterian models | endogenous skill-bias technological change | endogenous labor-augmenting technological change | interdependences | technology diffusion | open economy | trade

License

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

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14.64 Labor Economics and Public Policy (MIT)

Description

The course is an introduction to the field of Labor Economics, with an eye to helping students think critically about research and public policy. The emphasis is on applied microeconomics and empirical analysis. Topics to be covered include: labor supply and demand, taxes and transfers, human capital, minimum wages, income distribution, unions and strikes, immigration, incentives, discrimination, unemployment and unemployment insurance.

Subjects

Labor Economics | public policy | applied microeconomics | empirical analysis | labor supply and demand | taxes and transfers | human capital | minimum wages | income distribution | unions and strikes | immigration | incentives | discrimination | unemployment and unemployment insurance

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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11.203 Microeconomics (MIT)

Description

Microeconomics (11.203) is a course that runs for the first two-thirds of the semester. It is designed for incoming city planning students with little or no economics background. Incoming students take a voluntary microeconomics test-out at the beginning of the semester. Those that pass the test-out are exempt from taking Microeconomics.Planning Economics (11.202) is a course that runs for one-third of a semester and covers economics topics of particular interest to city planning students: location theory, the interplay between externalities and zoning, international trade and globalization, and housing finance. Few incoming students have had prior exposure to these topics.To minimize disruption, Planning Economics is positioned as the last third of a semester long core course on Planning

Subjects

microeconomics | markets | profit | standard of living | economics for planners | income distribution | economic analysis | deregulation | profit maximization | oligopoly | monopoly | tragedy of the commons

License

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14.01SC Principles of Microeconomics (MIT)

Description

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

Subjects

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

License

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

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14.452 Economic Growth (MIT)

Description

This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.

Subjects

economic growth | development | modern | world income distribution | Solow growth model | income differences | neoclassical growth | optimal and competitive allocations | welfare theorems | overlapping generations | dynamic efficiency | growth under uncertainty | incomplete markets | neoclassical endogenous growth | capital accumulation | externalities | human capital | endogenous growth | expanding input varieties | directed technical change | endogenous skill-bias technological change | endogenous labor-augmenting technological change | interdependences | technology diffusion | open economy | trade

License

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

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14.64 Labor Economics and Public Policy (MIT)

Description

This course is an introduction to labor economics with an emphasis on applied microeconomic theory and empirical analysis. We are especially interested in the link between research and public policy. Topics to be covered include: labor supply and demand, taxes and transfers, minimum wages, immigration, human capital, education production, inequality, discrimination, unions and strikes, and unemployment.

Subjects

labor Economics | public policy | applied microeconomics | empirical analysis | labor supply and demand | taxes and transfers | human capital | minimum wages | income distribution | unions and strikes | immigration | incentives | discrimination | unemployment and unemployment insurance | bargaining | economics of the family | decision to work | home production | monpsony | education | training

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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15.024 Applied Economics for Managers (MIT)

Description

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

Subjects

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

License

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

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14.452 Economic Growth (MIT)

Description

This half semester class will present an introduction to macroeconomic modeling, particularly economic growth. It will focus both on models of economic growth and their empirical applications, and try to shed light on the mechanics of economic growth, technological change and sources of income and growth differences across countries.

Subjects

economic growth | development | modern | world income distribution | Solow growth model | income differences | neoclassical growth | optimal and competitive allocations | welfare theorems | overlapping generations | dynamic efficiency | growth under uncertainty | incomplete markets | neoclassical endogenous growth | capital accumulation | externalities | human capital | endogenous growth | expanding input varieties | directed technical change | endogenous skill-bias technological change | endogenous labor-augmenting technological change | interdependences | technology diffusion | open economy | trade

License

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

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14.452 Economic Growth (MIT)

Description

This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth and some of its applications. It will introduce a number of models of non-stochastic and stochastic macroeconomic equilibrium. It will use these models to shed light both on the process of economic growth at the world level and on sources of income and growth differences across countries.

Subjects

economic growth | development | modern | world income distribution | Solow growth model | income differences | neoclassical growth | optimal and competitive allocations | welfare theorems | overlapping generations | dynamic efficiency | growth under uncertainty | incomplete markets | neoclassical endogenous growth | capital accumulation | externalities | human capital | endogenous growth | expanding input varieties | directed technical change | endogenous skill-bias technological change | endogenous labor-augmenting technological change | interdependences | technology diffusion | open economy | trade

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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