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Published by: Massachusetts Institute of Technology | Language: English
Published by: Massachusetts Institute of Technology | Language: English
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This course focuses on the following topics: basic theory of consumer behavior; production and costs; partial equilibrium analysis of pricing in competitive and monopolistic markets; general equilibrium; welfare; and externalities. It is recommended for students planning to apply to graduate school in economics, accounting, or finance.
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Tag(s):
- economics
- microeconomic theory
- consumer behavior
- production
- cost
- pricing
- competition
- monopoly
- market
- equilibrium
- welfare
- externalities
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Published by: Massachusetts Institute of Technology | Language: English
Published by: Massachusetts Institute of Technology | Language: English
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This course surveys research which incorporates psychological evidence into economics. Topics include: prospect theory, biases in probabilistic judgment, self-control and mental accounting with implications for consumption and savings, fairness, altruism, and public goods contributions, financial market anomalies and theories, impact of mar
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Tag(s):
- economics
- behavioral economics
- finance
- psychology
- prospect theory
- bias
- probabilistic judgment
- self-control
- mental accounting
- fairness
- altruism
- public goods
- market anomalies
- market theories
- heuristics
- noise
- confusion
- competition
- bounded rationality
- learning
- games
- neuroeconomics
- hyperbolic discounting
- consumption
- hyperbolics
- tem
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Published by: Massachusetts Institute of Technology | Language: English
Published by: Massachusetts Institute of Technology | Language: English
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This course explores the proper role of government in the regulation of the environment. It will help students develop the tools to estimate the costs and benefits of environmental regulations. These tools will be used to evaluate a series of current policy questions, including: Should air and water pollution regulations be tightened or loo
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Tag(s):
- economics
- economics
- policy
- environment
- environmental economics
- public policy
- cost-benefit analysis
- resource management
- environmental regulation
- health
- sustainability
- public goods
- pollution
- pigouvian taxes
- liability
- kuznets curves
- competition
- growth
- double dividend
- hedonic
- valuation
- global warming
- porter hypothesis
- social choice
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