Project Description: In this project, students will examine the economic benefits of several …
Project Description: In this project, students will examine the economic benefits of several different energy industries, including petroleum, natural gas, electricity, coal, nuclear power, solar power, etc. Each team will conduct thorough research on these forms of energy and then create a website, digital poster, or other deliverable that details the economic advantages and disadvantages of each energy type. Individually, each student will write a short position paper explaining which energy industry s/he believes would be the best fit economically for their state—generating benefits such as plentiful jobs, considerable capital investment, and significant government revenue. Finally, team members will share their arguments with each other, select the energy industry that the team agrees is the best fit and provides the greatest benefits economically for the state, and present the team’s recommendation. The attached project document (found in the Resource Library) includes step-by-step instructions, templates, briefings, resources, and rubrics to help in executing this project. Driving Question Which energy industry would be the best fit economically for your state, providing plentiful jobs, considerable capital investment, and significant government revenue? Timeframe 2.5-3 weeks
Intensive coverage of precision engineering theory, heuristics, and applications pertaining to the …
Intensive coverage of precision engineering theory, heuristics, and applications pertaining to the design of systems ranging from consumer products to machine tools. Topics covered include: economics, project management, and design philosophy; principles of accuracy, repeatability, and resolution; error budgeting; sensors; sensor mounting; systems design; bearings; actuators and transmissions; system integration driven by functional requirements and operating physics. Emphasis on developing creative designs which are optimized by analytical techniques applied via spreadsheets. Many real-world examples are given, and classwork and tests are based on mini-design problems. From the course home page: This is a projects course with lectures consisting of design teams presenting their work and the class helping to develop solutions; thereby everyone learning from everyone's projects.
An interactive lecture segment utilizing videos from the Antiques Roadshow, designed to …
An interactive lecture segment utilizing videos from the Antiques Roadshow, designed to create an interactive experience for students and the instructor. After watching an expert appraisal of a rare/unique object students respond to discussion questions. Instructors lead the discussion toward issues of subjective value, willingness to pay, and the price mechanism.
Principles of Economics covers scope and sequence requirements for a two-semester introductory …
Principles of Economics covers scope and sequence requirements for a two-semester introductory economics course. The authors take a balanced approach to micro- and macroeconomics, to both Keynesian and classical views, and to the theory and application of economics concepts. The text also includes many current examples, which are handled in a politically equitable way.
The purpose of this course is to provide the student with a …
The purpose of this course is to provide the student with a basic understanding of the principles of microeconomics. At its core, the study of economics deals with the choices and decisions that have to be made in order to manage scarce resources available to us. Microeconomics is the branch of economics that pertains to decisions made at the individual level, i.e. by individual consumers or individual firms, after evaluating resources, costs, and tradeoffs. "The economy" refers to the marketplace or system in which these choices interact with one another. In this course, the student will learn how and why these decisions are made and how they affect one another in the economy. Upon successful completion of this course, students will be able to: Think intuitively about economic problems; Identify how individual economic agents make rational choices given scarce resources and will know how to optimize the use of resources at hand; Understand some simplistic economic models related to Production, Trade, and the Circular Flow of Resources; Analyze and apply the mechanics of Demand and Supply for Individuals, Firms, and the Market; Apply the concept of Marginal Analysis in order to make optimal choices and identify whether the choices are 'efficient' or 'equitable'; Apply the concept of Elasticity as a measure of responsiveness to various variables; Identify the characteristic differences amongst various market structures, namely, Perfectly Competitive Markets, Non-Competitive Markets, and Imperfectly Competitive Markets and understand the differences in their operation; Analyze how the Demand and Supply technique works for the Resource Markets. (Economics 101; See also: Business Administration 200)
Principles of Microeconomics is an introductory undergraduate course that teaches the fundamentals …
Principles of Microeconomics is an introductory undergraduate course that teaches the fundamentals of microeconomics. This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics. Students will also be introduced to the use of microeconomic applications to address problems in current economic policy throughout the semester.
Recognizing that a course in economics may seem daunting to some students, …
Recognizing that a course in economics may seem daunting to some students, we have tried to make the writing clear and engaging. Clarity comes in part from the intuitive presentation style, but we have also integrated a number of pedagogical features that we believe make learning economic concepts and principles easier and more fun. These features are very student-focused. The chapters themselves are written using a modular format. In particular, chapters generally consist of three main content sections that break down a particular topic into manageable parts. Each content section contains not only an exposition of the material at hand but also learning objectives, summaries, examples, and problems. Each chapter is introduced with a story to motivate the material and each chapter ends with a wrap-up and additional problems. Our goal is to encourage active learning by including many examples and many problems of different types.
Principles of Economics covers scope and sequence requirements for a two-semester introductory …
Principles of Economics covers scope and sequence requirements for a two-semester introductory economics course. The authors take a balanced approach to micro- and macroeconomics, to both Keynesian and classical views, and to the theory and application of economics concepts. The text also includes many current examples, which are handled in a politically equitable way.
Examines alternative economic, political, and social perspectives of property rights and their …
Examines alternative economic, political, and social perspectives of property rights and their policy and planning implications. Focuses on institutional and governance structures, power and control mechanisms, distributional consequences of different property rights arrangements, and problems of incomplete contracts as presented in theory and practice. Deals with property-rights issues related to two or more of the following: land, natural resources, infrastructure, or industrial organization.
This course covers theory and evidence on government taxation policy. Topics include …
This course covers theory and evidence on government taxation policy. Topics include tax incidence, optimal tax theory, the effect of taxation on labor supply and savings, taxation and corporate behavior, and tax expenditure policy.
Theory and evidence on government expenditure policy. Topics include the theory of …
Theory and evidence on government expenditure policy. Topics include the theory of public goods; education; state and local public goods; political economy; redistribution and welfare policy; social insurance programs such as social security and unemployment insurance; and health care policy.
Explores the role of government in the economy, applying tools of basic …
Explores the role of government in the economy, applying tools of basic microeconomics to answer important policy questions such as government response to global warming, school choice by K-12 students, Social Security versus private retirement savings accounts, government versus private health insurance, setting income tax rates for individuals and corporations.
In this experiment, students must decide how to divide their "endowment" of …
In this experiment, students must decide how to divide their "endowment" of a good between private consumption and a public good. The private consumption provides a benefit (earnings) to only the individual and the public good provides a benefit to each person in the group, even those who do not contribute to the public good. This hand-run experiment is suitable for use in small classes in the range of 5 to 40 students. Some variations on this basic experiment are also described.
This collection uses primary sources to explore Puerto Rican migration to the …
This collection uses primary sources to explore Puerto Rican migration to the US. Digital Public Library of America Primary Source Sets are designed to help students develop their critical thinking skills and draw diverse material from libraries, archives, and museums across the United States. Each set includes an overview, ten to fifteen primary sources, links to related resources, and a teaching guide. These sets were created and reviewed by the teachers on the DPLA's Education Advisory Committee.
Discrete and continuum modeling of diffusion processes in physics, chemistry, and economics. …
Discrete and continuum modeling of diffusion processes in physics, chemistry, and economics. Topics include central limit theorems, continuous-time random walks, Levy flights, correlations, extreme events, mixing, renormalization, and percolation.
" The seminar is designed to provide advanced graduate students with a …
" The seminar is designed to provide advanced graduate students with a thorough understanding of selected regional economic theories and techniques and with experience in using alternative socioeconomic impact assessment models and related regional techniques on microcomputers. Discussions will be held on particular theoretical modeling and economic issues; linkages among theories, accounts, and policies; relationships between national and regional economic structures; and methods of adjusting and estimating regional input-output accounts and tables. Examples from the Boston area and other U.S. cities/regions will be used to illustrate points throughout the seminar. We will also examine how such models are used in other countries. New material on analyzing regional development issues will be covered."
Published in 1986, this Kennedy School case tells the story of Harley-Davidson's …
Published in 1986, this Kennedy School case tells the story of Harley-Davidson's application to the ITC for temporary relief from high levels of imported Japanese motorcycles. The case lays out, in considerable detail, Harley's justification for protection and the Japanese manufacturers' counterarguments. The case is presented in two parts, the first focusing on the extent of the "injury" an the second on the nature of the relief Harley requested.
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