This course covers models of individual decision-making under certainty and uncertainty. Applications include risk sharing and financial markets; contracts and information economics; village economies and national development; models with money and credit; trade, spatial economics and differentiated commodities.

The topic of the class is information and contract theory. The purpose is to give an introduction to some of the main subjects in this field: decision making under uncertainty, risk sharing, moral hazard, adverse selection, mechanism design, and incomplete contracting.

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.
MITx Online Version
This course is part of the Micromaster’s Program in Data, Economics, and Design of Policy through MITx Online. The course is entirely free to audit, though learners have the option to pay a fee, which is based on the learner’s ability to pay, to take the proctored exam, and earn a course certificate. To access the course, create an MITx Online account and enroll in the course 14.003x Microeconomic Theory and Public Policy.

Microeconomics will ground you in - surprise - basic microeconomics-how markets function, how to think about allocating scarce resources among competing uses, what profit maximizing behavior means in industries with different numbers of competitors, how technology and trade reshapes the opportunities people face, and so on. We will apply economic ideas to understand current economic problems, including the housing bubble, the current unemployment situation (particularly for high school gradutes), how Google makes its money and why healthcare costs are rising so fast.

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This is an introductory course in Microeconomics. This course aims to introduce students to the basic concepts of microeconomics such as scarcity and choice, and their influences in the decision-making process of individual consumers, firms, and governmental entities. Economics involves all types of decisions. This class will help you understand how different actors, business, households, non-profits and government institutions act. You will realize that this class helps you to put in economic terms the many daily decisions you make about how you allocate your resources. You choose daily what products to buy, businesses decide what products they produce and how many and what services they offer. This class will give you the structure you will need to make decisions more rationally, improving the way you utilize the limited resources that you have at hand.

Russell Cooper and Andrew John have written an economics text aimed directly at students from its very inception. You're thinking, ”Yeah, sure. I've heard that before.“

This textbook, Microeconomics: Theory Through Applications, centers around student needs and expectations through two premises: … Students are motivated to study economics if they see that it relates to their own lives. … Students learn best from an inductive approach, in which they are first confronted with a problem, and then led through the process of solving that problem.

Many books claim to present economics in a way that is digestible for students; Russell and Andrew have truly created one from scratch. This textbook will assist you in increasing students' economic literacy both by developing their aptitude for economic thinking and by presenting key insights about economics that every educated individual should know.

Since the Russian annexation of Crimea in 2014 and the beginning of the war in Donbas, Eastern Europe has been facing a migration crisis. Several million Ukrainians are internally displaced or have fled the country and now face an uncertain future. At the same time, Western-imposed sanctions and the creation of the Eurasian Economic Union have affected Russia’s migration policies. These largely ignored processes have a potential to change the social landscape of the region for many years to come. The aim of this collection is to shed light on the forgotten migrant crisis at the European Union’s doorstep and make sense of the various migration processes in and out of Ukraine and Russia. The book is divided into two sections. The first section deals with migration processes that have taken place within Ukraine or have involved Ukrainian citizens’ migration out of the country, excluding Russia. The second section discusses Russia’s response to the rapid inflow of migrants from Ukraine, its changing migration policies and their effect on migrants, as well as other processes related to the phenomenon over the course of the Ukraine crisis.

Short Description:
Mi idioma, mi comunidad: español para bilingües, is an open-access textbook for Heritage Language Leaners of Spanish that centers on students’ experiences with language, identity, and belonging in the Midwest through real-world applications. It uses a project-based approach that outlines how students engage in real-life applications by exploring culturally relevant topics in language use, arts, festivals, food, ethnography, oral history, digital lives, and the university. Through multimedia such as podcasts, videos, neighborhood maps, and music, we promote interactive exploration of culturally relevant content while supporting students’ language maintenance and growth.

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Cognitive science arose in the 1950s when it became apparent that a number of disciplines, including psychology, computer science, linguistics, and philosophy, were fragmenting. Perhaps owing to the field’s immediate origins in cybernetics, as well as to the foundational assumption that cognition is information processing, cognitive science initially seemed more unified than psychology. However, as a result of differing interpretations of the foundational assumption and dramatically divergent views of the meaning of the term information processing, three separate schools emerged: classical cognitive science, connectionist cognitive science, and embodied cognitive science.

This course is an introduction to many of the central issues in a branch of philosophy called philosophy of mind.

Mind the Gap encourages you to be mindful of that gap that takes place in various transitions in life: when you go away to college, travel to a foreign country, move to a new city, or start a new job. Until you start to feel at home in your new environment, you must negotiate feelings of discomfort. Mindfulness draws attention to your experience of transition, enabling you to cultivate an embodied presence, receptivity, and awareness of whatever arises in yourself and your surroundings, without judging or rejecting your experience. All too often, when we feel uncomfortable or unsettled, we immediately want to alleviate our feelings of discomfort by seeking comfort or distraction. When we do this, we rob ourselves of the opportunity to grow and develop in new ways.

Federal credit programs involve a unique set of challenges and opportunities. This practical training course for executive and legislative branch decision-makers and staff is aimed at enhancing the understanding of the core financial principles necessary to most effectively design and run those programs. It brings together institutional analysis, risk management and corporate finance disciplines for the purpose of improving the management of federal credit agency resources.

Modal logic is the logic of necessity and possibility, and by extension of analogously paired notions like validity and consistency, obligation and permission, the known and the not-ruled-out. This a first course in the area. A solid background in first-order logic is essential. Topics to be covered include (some or all of) the main systems of propositional modal logic, Kripkean “possible world” semantics, strict implication, contingent identity, intensional objects, counterpart theory, the logic of actuality, and deontic and / or epistemic logic. The emphasis will be more on technical methods and results than philosophical applications.

A basic introduction to data modeling

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Las instituciones del sector público deben acogerse a las necesidades emanadas por sus usuarios, por esto son controladas por diferentes entidades gubernamentales y cumplen diferentes normativas legales. Bajo este enfoque surgen diferentes metodologías para la eficiencia y eficacia, el libro responde a un modelo “Kaizen” pero bajo la metodología gubernamental de Gobierno por Resultados.

El modelo presentado utiliza herramientas de calidad como identificación de las mudas que corresponden a los desperdicios, aplicación de las 5s que es una metodología aplicada a la limpieza, orden, planificación, seguridad y autodisciplina, estas dos herramientas bajo un esquema PHVA que no es más que el proceso de planificar, hacer, verificar y actuar. Para poder aplicar este modelo se debe obtener datos de los procesos y actividades, con lo cual se tiene un antecedente y poder medir el cumplimiento de los objetivos institucionales

Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and monopoly. Part II (Chapters 8-14) introduces the concept of equilibrium, beginning, unconventionally, with the models of the jungle and an economy with indivisible goods, and continuing with models of an exchange economy, equilibrium with rational expectations, and an economy with asymmetric information. Part III (Chapters 15-16) provides an introduction to game theory, covering strategic and extensive games and the concepts of Nash equilibrium and subgame perfect equilibrium. Part IV (Chapters 17-20) gives a taste of the topics of mechanism design, matching, the axiomatic analysis of economic systems, and social choice.

Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and monopoly. Part II (Chapters 8-14) introduces the concept of equilibrium, beginning, unconventionally, with the models of the jungle and an economy with indivisible goods, and continuing with models of an exchange economy, equilibrium with rational expectations, and an economy with asymmetric information. Part III (Chapters 15-16) provides an introduction to game theory, covering strategic and extensive games and the concepts of Nash equilibrium and subgame perfect equilibrium. Part IV (Chapters 17-20) gives a taste of the topics of mechanism design, matching, the axiomatic analysis of economic systems, and social choice.

Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and monopoly. Part II (Chapters 8-14) introduces the concept of equilibrium, beginning, unconventionally, with the models of the jungle and an economy with indivisible goods, and continuing with models of an exchange economy, equilibrium with rational expectations, and an economy with asymmetric information. Part III (Chapters 15-16) provides an introduction to game theory, covering strategic and extensive games and the concepts of Nash equilibrium and subgame perfect equilibrium. Part IV (Chapters 17-20) gives a taste of the topics of mechanism design, matching, the axiomatic analysis of economic systems, and social choice.

The book focuses on the concepts of model and equilibrium. It states models and results precisely, and provides proofs for all results. It uses only elementary mathematics (with almost no calculus), although many of the proofs involve sustained logical arguments. It includes about 150 exercises.

With its formal but accessible style, this textbook is designed for undergraduate students of microeconomics at intermediate and advanced levels.

Throughout this book, the pronouns she/her are used.