Main Profile

At A Glance

Applied Economics for Managers

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...

Start Date: Jun 03, 2004 Topics: Economics
Cost: Free

Contact

Applied Economics for Managers's Full Profile

Overview

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.

Details

  • Dates: Jun 03, 2004 to Aug 09, 2004
  • Days of the Week: Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday
  • Level of Difficulty: Beginner
  • Size: Massive Open Online Course
  • Instructor: Prof. Daniel Richards
  • Cost: Free
  • Institution: MIT OCW
  • Topics: Economics

Provider Overview

About MIT OCW: MIT OpenCourseWare (OCW) is a web-based publication of virtually all MIT course content. OCW is open and available to the world and is a permanent MIT activity.

Latest Tweet

MIT OCW Offers Courses In: Social Science

Questions about Applied Economics for Managers

Want more info about Applied Economics for Managers? Get free advice from education experts and Noodle community members.

  • Answer