Courses and Programs for Academic Year 2016Expand all

Courses
Course #

Description: Introduces principles of microeconomic analysis as a framework for making more informed managerial decisions. Includes the analysis of competitive markets with supply and demand, sources of market power, pricing, anti-trust policy, as well as an overview of game theory and its application to competitive strategy. Students use the tools presented to analyze business and public policies. Students taking graduate version complete additional assignments. Intended primarily for non-MBA students.

Professor(s) who recently taught this course:

  • Joseph Doyle
  • Richard Holden
  • Erin Johnson
  • Elena Manresa
  • Michael Whinston
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Description: Introduces principles of microeconomic analysis as a framework for making more informed managerial decisions. Includes the analysis of competitive markets with supply and demand, sources of market power, pricing, anti-trust policy, as well as an overview of game theory and its application to competitive strategy. Students use the tools presented to analyze business and public policies. Students taking graduate version complete additional assignments. Intended primarily for non-MBA students.

Professor(s) who recently taught this course:

  • Oz Shy
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Description: Introduces principles of microeconomic analysis as a framework for making more informed managerial decisions. Includes the analysis of competitive markets with supply and demand, sources of market power, pricing, anti-trust policy, as well as an overview of game theory and its application to competitive strategy. Students use the tools presented to analyze business and public policies. Students taking graduate version complete additional assignments.

Professor(s) who recently taught this course:

  • Oz Shy
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Description: Uses case studies to investigate the macroeconomic environment in which firms operate. First half of subject develops the basic tools of macroeconomic management: monetary, fiscal, and exchange rate policy. Discusses recent emerging market and financial crises, examining their causes, how best to address them, and how to prevent them from recurring in the future. Second half evaluates different strategies of economic development. Topics include growth, the role of debt and foreign aid, and the reliance on natural resources.

Professor(s) who recently taught this course:

  • Alberto Cavallo
  • Tavneet Suri
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Description: Applies principles of industrial economics most relevant for corporate strategy to analysis of particular industries. Topics include market structure and its determinants; rational strategic behavior in small numbers situations; strategies for price and nonprice competition; dynamic pricing, output, and advertising decisions; entry and entry deterrence; competition with network externalities; investments under uncertainty; R&D and patent licensing; and the growth and evolution of industries.

Professor(s) who recently taught this course:

  • Robert Pindyck
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Description: Establishes understanding of the development processes of societies and economies. Studies several dimensions of sustainability (environmental, social, political, institutional, economy, organizational, relational, and personal) and the balance among them. Explores the basics of governmental intervention, focusing on areas such as the judicial system, environment, social security, and health. Builds skills to determine what type of policy is most appropriate. Considers implications of new technologies on the financial sector: internationalization of currencies, mobile payment systems, and cryptocurrencies. Discusses the institutional framework to ensure choices are sustainable across all dimensions and applications.

Professor(s) who recently taught this course:

  • Roberto Rigobon
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Description: Focuses on the policy and economic environment of firms. Subject divided in three parts: study of the closed economy and how monetary and fiscal policy interacts with employment, GNP, inflation, and interest rates; examination of national economic strategies for development and growth, and study of the recent financial and currency crises in emerging markets; study of the problems faced by transition economies and the role of institutions both as the engine of growth, and as the constraints for policy. Restricted to Sloan Fellows in Innovation and Global Leadership.

Professor(s) who recently taught this course:

  • Alberto Cavallo
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Description: Develops an understanding of the economic factors that shape and influence the markets for real property. Includes an analysis of housing as well as commercial real estate, and covers demographic analysis, regional growth, construction cycles, urban land markets and location theory. Exercises and modeling techniques for measuring and predicting property demand, supply, vacancy and prices.

Professor(s) who recently taught this course:

  • William Wheaton
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Description: Develops facility with concepts, language, and analytical tools of economics. Primary focus on microeconomics, analysis of markets and strategic interactions among firms. Emphasizes integration of theory, data, and judgment in the analysis of corporate decisions, and in the assessment of the changing global business environment. Restricted to MIT Sloan Fellows in Innovation and Global Leadership.

Professor(s) who recently taught this course:

  • Thomas Stoker
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Description: Develops and applies principles of game theory relevant to managers' strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and "irrational" actions; brinkmanship and negotiation; auctions; and the design of markets and contests. Applications to a variety of business decisions that arise in different industries, both within and outside the firm. Meets with 15.0251 when offered concurrently. Students taking graduate version complete additional assignments.

Professor(s) who recently taught this course:

  • Alessandro Bonatti
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Description: Develops and applies principles of game theory relevant to managers' strategic decisions. Topics include how to reason about strategies and opponents; strategic commitment, reputation, and "irrational" actions; brinkmanship and negotiation; auctions; and the design of markets and contests. Applications to a variety of business decisions that arise in different industries, both within and outside the firm. Meets with 15.025 when offered concurrently. Students taking graduate version complete additional assignments.

Professor(s) who recently taught this course:

  • Alessandro Bonatti
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Description: Provides an in-depth and interdisciplinary look at electric power systems, focusing on regulation as the link among engineering, economic, legal, and environmental viewpoints. Topics include electricity markets, incentive regulation of network issues, retail competition, tariff design, distributed generation, rural electrification, multinational electricity markets, environmental impacts, future of utilities and strategic sustainability issues under both traditional and competitive regulatory frameworks. Background in policy, microeconomics, or engineering required.

Professor(s) who recently taught this course:

  • Jose Ignacio Perez-Arriaga
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Description: Studies regression modeling and other data analytics to calculate useful correlations and discover causal relationships. Students evaluate the quality of evidence supported by data and apply an empirical toolkit to answer questions in finance, marketing, human resources, strategy, and general business planning. Labs, problem sets, and projects focus on empirical work. Meets with 15.0341 when offered concurrently. Students taking graduate version complete additional assignments.

Professor(s) who recently taught this course:

  • Joseph Doyle
  • John Doyle
  • Elena Manresa
  • Roberto Rigobon
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Description: Studies regression modeling and other data analytics to calculate useful correlations and discover causal relationships. Students evaluate the quality of evidence supported by data and apply an empirical toolkit to answer questions in finance, marketing, human resources, strategy, and general business planning. Labs, problem sets, and projects focus on empirical work. Meets with 15.034 when offered concurrently. Students taking graduate version complete additional assignments.

Professor(s) who recently taught this course:

  • Joseph Doyle
  • Elena Manresa
  • Roberto Rigobon
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Description: Analyzes business and public policy issues in energy markets and in the environmental markets to which they are closely tied. Examines the economic determinants of industry structure and evolution of competition among firms in these industries. Investigates successful and unsuccessful strategies for entering new markets and competing in existing markets. Industries studied include oil, natural gas, coal, electricity, and transportation. Topics include climate change and environmental policy, the role of speculation in energy markets, the political economy of energy policies, and market power and antitrust. Two team-based simulation games, representing the world oil market and a deregulated electricity market, act to cement the concepts covered in lecture. Students taking graduate version complete additional assignments. Limited to 60.

Professor(s) who recently taught this course:

  • Christopher Knittel
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Description: Theoretical and empirical perspectives on individual and industrial demand for energy, energy supply, energy markets, and public policies affecting energy markets. Discusses aspects of the oil, natural gas, electricity, and nuclear power sectors. Examines energy tax, price regulation, deregulation, energy efficiency and policies for controlling pollution and CO2 emissions. Students taking the graduate version complete additional assignments. Limited to 60.

Professor(s) who recently taught this course:

  • Christopher Knittel
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Description: Develops facility with concepts, language, and analytical tools of economics. Primary focus is on microeconomics. Emphasizes integration of theory, data, and judgment in the analysis of corporate decisions and public policy, and in the assessment of changing US and international business environments. Restricted to Executive MBA students.

Professor(s) who recently taught this course:

  • Ernst Berndt
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Description: Group study of current topics related to management not otherwise included in curriculum.

Professor(s) who recently taught this course:

  • Tavneet Suri
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Description: Group study of current topics related to management not otherwise included in curriculum.

Professor(s) who recently taught this course:

  • Michael Whinston
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