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Massachusetts Institute of Technology
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Year
2016
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Courseware
Political Economy I explores the major social science paradigms for analyzing relations among state, economy, and society. Through readings, lectures and discussion of original texts in political liberalism and individualism, neo-classical economics, Marxism, sociological and cultural theories, and neo-institutionalism, the seminar examines the fundamental assumptions on which our understanding of the social world and our research are based.
- Subjects:
- Economics and Political Science
- Keywords:
- Economics Political science
- Resource Type:
- Courseware
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Courseware
This course applies microeconomic theory to analysis of public policy. It builds from the microeconomic model of consumer behavior and extends to operation of single and multiple markets and analysis of why markets sometimes fail. We will study empirical examples to evaluate theory, focusing on the casual effects of policy interventions on economic outcomes. Topics include minimum wages and employment, food stamps and consumer welfare, economics of risk and safety regulation, the value of education, and gains from international trade.
- Subjects:
- Economics and Political Science
- Keywords:
- Microeconomics Policy sciences Political planning
- Resource Type:
- Courseware
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Courseware
This International Study Tour went to New Zealand during the first half of the 2016 Spring semester and travel during the Sloan Innovation Period. International Study Tours provide students with a course credit opportunity to identify and address issues about which they feel particularly passionate. After classroom sessions featuring faculty, industry, and cultural experts, students embark on site visits to their destination of choice, meeting with industry and government leaders, as well as local alumni. Through these visits, students are able to build on the preparatory course work with an in-depth exploration of industries, companies, and countries they have visited.
- Subjects:
- Management
- Keywords:
- Management Technological innovations New zeal
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- Courseware
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Courseware
This course provides ways to analyze manufacturing systems in terms of material flow and storage, information flow, capacities, and times and durations of events. Fundamental topics include probability, inventory and queuing models, optimization, and linear and dynamic systems. Factory planning and scheduling topics include flow planning, bottleneck characterization, buffer and batch-size analysis, and dynamic behavior of production systems.
- Subjects:
- Logistics and Industrial and Systems Engineering
- Keywords:
- Manufacturing processes Production planning Production engineering
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- Courseware
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Courseware
This course will analyze the causes and consequences of international trade and investment. We will investigate why nations trade, what they trade, and who gains (or not) from this trade. We will then analyze the motives for countries or organizations to restrict or regulate international trade and study the effects of such policies on economic welfare. Topics covered will include the effects of trade on economic growth and wage inequality, multinationals and foreign direct investment, international trade agreements and current trade policy disputes.
- Subjects:
- Economics and International Trade
- Keywords:
- Investments International trade Macroeconomics
- Resource Type:
- Courseware
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Courseware
This course provides a rigorous treatment of non-cooperative solution concepts in game theory, including rationalizability and Nash, sequential, and stable equilibria. It covers topics such as epistemic foundations, higher order beliefs, bargaining, repeated games, reputation, supermodular games, and global games. It also introduces cooperative solution concepts—Nash bargaining solution, core, Shapley value—and develops corresponding non-cooperative foundations.
- Subjects:
- Economics and Mathematics and Statistics
- Keywords:
- Game theory
- Resource Type:
- Courseware
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Courseware
This course focuses on the tools and programs available to economic development practitioners to address capital needs for businesses and economic development projects. It provides an overview of private capital markets and financing sources to understand capital market imperfections that constrain economic development, business accounting, financial statement analysis, federal economic development programs, and public finance tools. The course covers policies and program models, including revolving loan funds, guarantee programs, venture capital funds, bank holding companies, community development loan funds and credit unions, micro-enterprise funds, and the Community Reinvestment Act. The objective of this course is to provide students with a comprehensive overview of economic development finance practice in the United States, and to develop a knowledge base and skills to either be a development finance practitioner, or apply economic development finance approaches to other fields of planning and community development.
- Subjects:
- Economics and Finance
- Keywords:
- Economic development -- Finance Business enterprises -- Finance United States
- Resource Type:
- Courseware
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Courseware
This course offers an introduction to ethics in business, with a focus on business management. Students explore theoretical concepts in business ethics, and cases representing the challenges they will likely face as managers. There is opportunity to work with guest faculty as well as business and other professional practitioners. Individual class sessions take the form of moderated discussion, with occasional short lectures from the instructor.
- Subjects:
- Business Ethics
- Keywords:
- Business ethics Social responsibility of business
- Resource Type:
- Courseware
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Courseware
This course examines opportunities and problems for entrepreneurs globally, including Europe, Latin America, and Asia. Linkages between the business environment, the institutional framework, and new venture creation are covered with a special focus on blockchain technology. In addition to discussing a range of global entrepreneurial situations, student groups pick one particular cluster on which to focus and to understand what further development would entail. Classroom interactions are based primarily on case studies.
- Subjects:
- Management, Finance, and Business Information Technology
- Keywords:
- Entrepreneurship Blockchains (Databases) International business enterprises
- Resource Type:
- Courseware
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Courseware
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:
- Economics
- Keywords:
- Economic development Macroeconomics
- Resource Type:
- Courseware