The application of knowledge to design and build devices, systems, materials and processes in engineering. The goal of this engineering course is to provide high school students and college freshmen a broad outline of engineering and help them decide on a career in engineering. This course will focus on exploring the different disciplines of engineering and providing participants with a broad background in different areas of engineering.
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Upcoming courses (for the next 30 days)
In this class, we will derive equilibrium outcomes across a variety of market structures. We will begin by understanding equilibrium under a market structure called Perfect Competition, a benchmark construction. Economists have tools to measure the efficiency of market outcomes. We next consider the polar extreme of a competitive market: a monopoly market. We will determine the monopoly equilibrium price and quantity and efficiency properties. Much economic activity takes place in markets with just a handful of very large producers. To understand equilibrium in these oligopoly markets requires more careful attention to strategic interdependence. To capture this interdependence, we consider collusive arrangements among a small number of rivals as well as the use of simple game theoretic techniques to model equilibrium. Market Failure describes situations where markets fail to find the efficient outcome. Information asymmetries are one fertile form of market failure. Another form of market failure occurs when externalities are present. We will examine one key externality, pollution, and construct a policy prescription to mitigate the negative efficiency impacts of this externality.
A quantitative introduction to the energy system and its environmental impacts. Humanity faces an immense challenge: providing abundant energy to everyone without wrecking the planet. If we want a high-energy future while protecting the natural world for our children, we must consider the environmental consequences of energy production and use. But money matters too: energy solutions that ignore economic costs are not realistic—particularly in a world where billions of people currently can’t afford access to basic energy services. How can we proceed?
Learn basic engineering mathematics and how to apply basic mathematics to solve engineering problems. The goal of this mathematics course is to provide high school students and college freshmen an introduction to basic mathematics and especially show how mathematics is applied to solve fundamental engineering problems.
This course discusses how macroeconomic variables affect individuals’ personal, professional, and public activities and lays the foundation for the analysis of the mechanisms that drive macroeconomic variables. It start in its first module by introducing the key macroeconomic variables and explaining how they are defined and measured in order to enable the students to interpret macroeconomic data properly.
This course covers the following topics: negotiation, feedback and coaching, conflict management, and leading change. The objectives are to learn how to use leadership skills to work more effectively with others, how to use leadership skills to organize others to work more effectively together, and to apply the foundations of effective leadership skills to everyday situations faced by leaders.
In this course you will build a practical framework to understand the critical linkages between organization design and the creation of economic value through execution.
A renowned innovation expert shows how to spark your creativity for career development in 5 proven steps. Leading companies look for innovative thinking in new hires and for career advancement. Yet only 1 in 4 of us feels truly creative. Time to reinvent yourself and unleash the creativity lying dormant in all of us.
This course examines macroeconomic performance in the short run and the long run based on the economy’s institutional and policy environment. The first module develops a model of macroeconomy in the short run when the price level has its own momentum and does not respond much to supply and demand forces. The model enables one to see how GDP, interest rate, and exchange rate are determined in the short run and how they respond to macroeconomic shocks and policies.
Explore what corporate social responsibility is, how it works, and its true impacts. Let’s co-build the responsible enterprise of tomorrow! Driven by global crises in financial, economic, and governance systems, companies all over the world devote massive resources to their corporate social responsibility (CSR). But what is CSR? What does it mean, and what does it involve? Do stakeholders really care, and if they do, how should companies communicate with them? In uncertain modern climates, CSR is a crucial driving force of a (r)evolution in business.