Economic theory dating
Intermediate micro (150/2) is not required, but it is recommended.
Introductory microeconomics (115 or equivalent) is required.
A third aim is to apply these tools to settings from economics and from elsewhere. Problem sets: 30% Midterm examination: 30% Final examination: 40% Please take a few minutes to share your thoughts about this course through the survey linked below.
) a political movement based upon the writings of Marx that considers history in terms of class conflict and revolutionary struggle, resulting eventually in the victory of the proletariat and the establishment of a socialist order based on public ownership of the means of production Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. 1979, 1986 © Harper Collins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012 Cite This Source (itself from French), in Marx and Engels' "Manifesto of the Communist Party." Cf. In some cases in early and mid-20c., a term of abuse implying anti-social criminality without regard to political theory.
Commodities are objects that satisfy human needs and wants.
Advances in understanding, theory and measurement must necessarily proceed hand in hand.
Exchange-value as monetary value is what one means when one says a commodity has “value” in a market.
Marx poses the question of where this value comes from.
Ideas such as dominance, backward induction, Nash equilibrium, evolutionary stability, commitment, credibility, asymmetric information, adverse selection, and signaling are discussed and applied to games played in class and to examples drawn from economics, politics, the movies, and elsewhere. Game theory is a way of thinking about strategic situations.
View class sessions » This Yale College course, taught on campus twice per week for 75 minutes, was recorded for Open Yale Courses in Fall 2007. One aim of the course is to teach you some strategic considerations to take into account making your choices.