MIT Energy Initiative
Energy Classes at MIT

Economic Analysis for Business Decisions

Meets Energy Minor Requirements

Core - Social Science

Class Number

15.0111

Level

Undergraduate

Term

Fall

Day

Thursday
1:00 pm-2:30 pm

Description

Introduces principles of microeconomics as a framework for making more informed managerial decisions and policy analysis. Includes the analysis of competitive markets with supply and demand, sources of market power and strategic pricing. Also provides an introduction to game theory to illustrate competition, anti-trust policy, and how to generate cooperation both within and between firms. Expectations and evaluation criteria differ for students taking graduate version; consult syllabus or instructor for specific details.

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