Saturday, August 20, 2016

MIT/Edx MOOC on Economic Modelling

Following from the previous post, the MOOC on economic modelling also looks very useful. See below or on the link for details. It also starts on September 19th.

What is produced in an economy? How is it produced? Who gets the product? Microeconomics seeks to answer these fundamental questions about markets.

In this course, we’ll introduce you to microeconomic theory, together with some empirical results and policy implications. You’ll analyze mathematical models that describe the real-world behavior of consumers and firms, and you’ll see how prices make the world go ‘round.

You’ll join the ranks of business executives, policymakers, entrepreneurs, and global leaders who rely on the insights they derive from a working knowledge of microeconomics. Nobel memorial prize-winner Paul Samuelson invented the modern microeconomics curriculum at MIT. Now is your chance to learn the field from the intellectual tradition he began.

Topics include:

Consumer theory
Supply and demand
Market equilibrium
Producer theory
Capital markets
Welfare economics
Public goods

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