Midterm examination for a class at MIT covering game theory and its applications to economics. The one-hour-and-twenty-minute open book examination asks open ended theoretical questions. The exam contains questions and solutions.
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This resource contains presentations from the Center for Automotive Research (CAR) 2014 Management Briefing Seminars held August 4-7, 2014. With attendees from industry, government, media, and academia, the event featured outstanding presentations from industry thought leaders as well as various networking and social events. Using CAR research as a foundation, these seminars revolved around the most important issues facing the automotive industry today: manufacturing, powertrain, sales forecasting, connected and automated vehicles, purchasing, talent, and supply chain.
- Automotive Technology and Repair
- Material Type:
- Case Study
- Data Set
- Lecture Notes
- Lesson Plan
- Center for Automotive Technology - Macomb
- Provider Set:
- Center for Advanced Automotive Technology
- Center for Automotive Research (CAR)
Advances in artificial intelligence are triggering discussions about our future and potential consequences, both good and bad. World leaders are engaging in the conversation as well. Wired Editor-in-Chief, Scott Dadich, and MIT Media Lab Director, Joi Ito, conducted an interview with President Obama on artificial intelligence and society.
In this case study, you will explore an article and video from Wired's conversation with President Obama; then you will be asked to reflect on the core ideas and details of the conversation. As engaged and informed citizens, we must begin to consider the relationship between artificial intelligence and society.
A presentation of the operation of Absolute and Comparative Advantage in international trade.
- Business and Communication
- Material Type:
- Professional Development Service for Teachers (PDST)
- Provider Set:
- Charlie O'toole
Help students grasp accounting basics, the language of business, by playing Cribbingo.
This groundbreaking NRDC documentary explores the startling phenomenon of ocean acidification, which may challenge marine life on a scale not seen for tens of millions of years. The film, featuring Sigourney Weaver, originally aired on Discovery Planet Green. A related curriculum kit is available at: http://www.nrdc.org/oceans/acidification/files/labkit.pdf
- Environmental Science
- Forestry and Agriculture
- Material Type:
- National Resources Defense Council
- Our Changing Oceans and Estuaries
- University Corporation for Atmospheric Research
- Natural Resources Defense Council - written by Daniel Hinerfeld
Recent developments in contract theory. Includes advanced models of moral hazard, adverse selection, mechanism design and incomplete contracts with applications to theory of the firm, organizational design, and financial structure.
This course is an advanced course in macroeconomics that seeks to bring students to the research frontier. The course is divided into two sections. The first half is taught by Prof. Ivn Werning and covers topics such as how to formulate and solve optimal problems. Students will study fiscal and monetary policy, among other issues. The second half, taught by Prof. George-Marios Angeletos, covers recent work on multiple equilibria, global games, and informational fictions.
Topics change from year to year. Most recent topics include: optimal fiscal and monetary policy; optimal capital taxation; time inconsistency and incentive incompatibility of optimal policies; redistribution and political economics; heterogeneous agents and incomplete markets; Real Business Cycle models and new-keynesian models; endogenous growth; aggregate fluctuations and propagation mechanisms; recursive methods and robust control in macro.
This course will provide the student with a broad overview of African politics placed within the context of Africa's recent history, taking into account Africa's colonial relationships and then the post-colonial period. This course will analyze on the internal workings and challenges of African states, including their movements towards democratization, their economic statuses, the connections between their governmental and non-governmental institutions/organizations, and the various ways in which their societies and cultures impact their politics. This course also asks questions about the nature of Africa's conflicts, reviewing larger trends within Africa's political economy, and inquiring about the promise of continental and sub-continental political integration efforts. Upon successful completion of this course, the student will be able to: explain how colonialism and independence movements contributed to and shaped contemporary African statehood; identify the main causes of state and political failure in Africa; define underdevelopment and explain the causes of economic failure in Africa; discuss the causes of civil and interstate conflict in Africa; apply knowledge of Africa's history to explain current causes of crisis and the roles of different actors within the state and international community; compare and contrast economically and politically stable states with those that are unstable and identify the main features of stability; identify and explain some of the major social, cultural, and economic challenges (such as HIV/AIDS) that contemporary African states face, as well as the role international actors play in addressing these challenges. (Political Science 325)
Short explanation with graphical quiz to check understanding, on the changes in aggregate demand, short run aggregate supply and long run aggregate supply and the things that can change them.
Classroom experiment illustrating the law of diminishing marginal productivity through the production of paper airplanes.
- Material Type:
- Science Education Resource Center (SERC) at Carleton College
- Provider Set:
- Pedagogy in Action
- Tisha Emerson
AlMaany is a comprehensive dictionary providing translation and search capabilities between Arabic and numerous other languages. In addition to these standard dictionary functions the site also offers 23 specialized and comprehensive glossaries that cover numerous topics ranging from common expressions to psychological terms.
From a technical perspective, economics is the study of how various alternatives or choices are evaluated to best achieve a given objective. The domain of economics is the study of processes by which scarce resources are allocated to satisfy unlimited wants. Ideally, the resources are allocated to their highest valued uses. Supply, demand, preferences, costs, benefits, production relationships and exchange are tools that are used to describe and analyze the market processes by which individuals allocate scarce resources to satisfy as many wants as possible. This increasingly narrow focus is the domain of modern, “neoclassical,” microeconomic analysis. This approach is typical of most economists and is referred to as orthodox economics.
The five basic questions that are asked in the study of the allocation problem are: 1) What to produce? 2) How many to produce? 3) How to produce? 4) When to produce? 5) Who gets it? Provisioning should seek to understand the nature of wants or objectives. Provisioning is the process of framing the approaches to the allocation problem.
This class examines how and why twentieth-century Americans came to define the ŰĎgood lifeŰ through consumption, leisure, and material abundance. We will explore how such things as department stores, nationally advertised brand-name goods, mass-produced cars, and suburbs transformed the American economy, society, and politics. The course is organized both thematically and chronologically. Each period deals with a new development in the history of consumer culture. Throughout we explore both celebrations and critiques of mass consumption and abundance.
Americans have historically preferred to think of the United States in classless terms, as a land of economic opportunity equally open to all. Yet, social class remains a central fault line in the U.S. Subject explores the experiences and understandings of class among Americans positioned at different points along the U.S. social spectrum. Considers a variety of classic frameworks for analyzing social class and uses memoirs, novels and ethnographies to gain a sense of how class is experienced in daily life and how it intersects with other forms of social difference such as race and gender.
The course is intended for people who would like a deeper understanding of the American housing finance system. The focus will be on providing necessary background knowledge rather than on evaluating specific policy proposals. Near the end of the course, participants will be encouraged to bring up policy issues and to discuss them in light of the information presented.
" This course focuses on alternative ways in which the issues of growth, restructuring, innovation, knowledge, learning, and accounting and measurements can be examined, covering both industrialized and emerging countries. We give special emphasis to recent transformations in regional economies throughout the world and to the implications these changes have for the theories and research methods used in spatial economic analyses. Readings will relate mainly to the United States, but we cover pertinent material on foreign countries in lectures."
Intermediate students are asked to analyze data on the components of consumption and investment expenditures and explanatory variables based on textbook models of each. Students look for rough correlations between the explanatory and dependent variables.