77 Massachusetts Avenue, Cambridge, Massachusetts,
Awards Offered: Bachelors degree,Masters degree,Doctors degree - research/scholarship
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Focuses on using case studies to investigate the macroenvironment in which firms operate. The course is divided in five parts. This course is a full-term version of Applied Macro- and International Economics (15.012), with additional topics.
This course focuses on cyberspace and its implications for private and public, sub-national, national, and international actors and entities.
This subject examines the interactions of East Asia with the rest of the world and the relationships of each of the East Asian countries with each other, from ca. 1500 to 2000 A.D. Primary focus on China and Japan, with some reference to Korea, Vietnam, and Central Asia. Asks how international diplomatic, commercial, military, religious, and cultural relationships joined with internal processes to direct the development of East Asian societies. Subject addresses perceptions and misperceptions among East Asians and foreigners.
As markets or production bases, China and India are becoming important and integral players in the global economy. Foreign direct investment (FDI), portfolio investments and outsourcing businesses have increased dramatically in these two economies. Despite the rising importance of these two economies on the world stage, our knowledge and analysis of these two countries in an integrated manner has remained poor. The two are often lumped together by business analysts as "emerging markets," despite the substantial differences in their political systems, reform policies and business organizations. Academics, in contrast, have tended to treat the two countries separately, preferring to specialize in issues and questions specific to one or the other country.
This course examines the choices and constraints regarding sources and uses of energy by households, firms, and governments through a number of frameworks to describe and explain behavior at various levels of aggregation. Examples include a wide range of countries, scope, settings, and analytical approaches. This course is one of many OCW Energy Courses, and it is a core subject in MIT's undergraduate Energy Studies Minor. This Institute-wide program complements the deep expertise obtained in any major with a broad understanding of the interlinked realms of science, technology, and social sciences as they relate to energy and associated environmental challenges.
This course examines environmental and social impacts of industrial society and policy responses. We will explore current trends in industrialization, urbanization, and globalization, analyze the impacts these trends have on human health, environmental sustainability, and equity, and then examine a range of policy options available for responding to current problems. The course will present key trends in both domestic and international contexts.
From pineapples grown in Hawaii to English-speaking call centers outsourced to India, the legacy of the "Age of Imperialism" appears everywhere in our modern world. This class explores the history of European imperialism in its political, economic, and cultural dimensions from the 1840s through the 1960s.
Global Entrepreneurship Lab: Asia-Pacific enables teams of students to work with the top management of global start-ups and gain experience in running, and consulting to, a new enterprise outside the United States. The focus is on start-ups operating in emerging markets throughout the world, with a special focus on the Asia-Pacific region. The course combines an internship in a growing firm with in-class discussions of the issues and policies that affect the climate for innovation and start-up success around the world.
Global Entrepreneurship Lab: Latin America, the Middle East, and Africa enables teams of students to work with the top management of global start-ups and gain experience in running, and consulting to, a new enterprise outside the United States. The focus is on start-ups operating in emerging markets throughout the world, with a special focus on Latin America, the Middle East, and Africa. The course combines an internship in a growing firm with in-class discussions of the issues and policies that affect the climate for innovation and start-up success around the world.
This course examines opportunities and risks firms face in today's global market. It provides conceptual tools for analyzing how governments and social institutions influence economic competition among firms embedded in different national settings. Public policies and institutions that shape competitive outcomes are examined through cases and analytical readings on different companies and industries operating in both developed and emerging markets.
This subject focuses on the specifics of strategy and organization of the multinational company, and provides a framework for formulating successful and adaptive strategies in an increasingly complex world economy. Topics include the globalization of industries, the continuing role of country factors in competition, organization of multinational enterprises, and building global networks. This particular version of the subject is taught and tailored specifically to those enrolled in the MIT Sloan Fellows Program.
This seminar explores changes in the international economy and their effects on domestic politics, economy, and society. Is globalization really a new phenomenon? Is it irreversible? What are effects on wages and inequality, on social safety nets, on production, and innovation? How does it affect relations between developed countries and developing countries? How globalization affects democracy? These are some of the key issues that will be examined.
Tracing the evolution of international interactions, this course examines the dimensions of globalization in terms of scale and scope. It is divided into three parts; together they are intended to provide theoretical, empirical, and policy perspectives on source and consequences of globalization, focusing on emergent structures and processes, and on the implications of flows of goods and services across national boundaries with special attention to the issue of migration, on the assumption that people matter and matter a lot. An important concern addressed pertains to the dilemmas of international policies that are shaped by the macro-level consequences of micro-level behavior. 17.411 fulfills undergraduate public policy requirement in the major and minor. Graduate students are expected to explore the subject in greater depth through reading and individual research.
This subject examines the paradoxes of contemporary globalization. Through lectures, discussions and student presentations, we will study the cultural, linguistic, social and political impact of globalization across broad international borders and on specific language communities. We will consider answers to key questions such as: What are the contending definitions of globalization? What are the principal agents of change? How have those agents of change been transformed in our contemporary world? What's new, what's hybrid, and what's traditional? What does it mean to be a world citizen? How can world citizens preserve cultural specificity?
This course is an introduction to the theory of international trade and finance with applications to current policy issues. In this course we will cover the basic tools to understand what determines the flow of goods across countries, i.e. international trade, and what determines the flow of savings and investments from one country to another, i.e. international finance. We will also cover applications to a number of topics of current interest, including the debate on globalization, free trade agreements, the U.S. current account deficit, the medium run prospects for exchange rates, European integration, and the debate on global financial architecture following the financial crises in East Asia and Argentina.
This graduate research and reading seminar examines an array of issues facing labor in today's global world. The premise of this course is that recent developments (e.g., globalization, liberalization, privatization, etc.) have created a mix of opportunities and risks for labor in most developing countries.
The primary purpose of this seminar is to enable students to craft approaches to so-called "First World"/ "Third World" city comparisons that are theoretically sophisticated, methodologically rigorous, contextually grounded, and significantly beneficial. Since there exists very little literature and very few projects which compare "First World" and "Third World" cities in a sophisticated and genuinely useful manner, the seminar is structured around a series of readings, case studies, and discussions to assist students in becoming mindful of the potential and pitfalls of comparative analysis, the types of data, the methods of analysis, and the urban issues or sectors which may benefit the most from such approaches. The course is designed to be interdisciplinary and interactive, and is geared towards masters and doctoral students.
This class is a global survey of the great transformation in history known as the "Industrial Revolution." Topics include origins of mechanized production, the factory system, steam propulsion, electrification, mass communications, mass production and automation. Emphasis on the transfer of technology and its many adaptations around the world. Countries treated include Great Britain, France, Germany, the US, Sweden, Russia, Japan, China, and India. Includes brief reflection papers and a final paper.
This course on global integration brings together matters of global markets and institutions, global strategy, organization, and leadership. Global integration, the process by which an organization with units around the world becomes united, will be presented as a link to entrepreneurship and general management. The seminar is offered only to those enrolled in the MIT Sloan Fellows Program and challenges the participants to draw upon their past managerial experiences, especially those affiliated with multinational companies
This course begins by offering a brief overview of historical "world systems," including those centered in Asia as well as Europe. It explores the nature of contemporary transformations, including those in economics, media and information technologies, population flows, and consumer habits, not through abstractions but by focusing on the daily lives of people in various parts of the world. This course considers such topics as the day-to-day impact of computers in Silicon Valley and among Tibetan refugees; the dilemmas of factory workers in the US and rural Java; the attractions of Bombay cinema in Nigeria, the making of rap music in Japan, and the cultural complexities of immigrant life in France. This course seeks not only to understand the various forms globalization takes, but to understand its very different impacts world-wide.
This course explores the international trade in television text, considering the ways in which 'foreign' programs find places within 'domestic' schedules. Looking at the life television texts maintain outside of their home market, this course examines questions of globalization and national cultures of production and reception. Students will be introduced to a range of positions about the nature of international textual trade, including economic arguments about the structuring of international markets and ethnographic studies about the role imported content plays in the formation of hybrid national identities. Students will be encouraged to consider the role American content is made to play in non-American markets.
Operations Strategy provides a unifying framework for analyzing strategic issues in manufacturing and service operations. Students analyze the relationships between manufacturing and service companies and their suppliers, customers, and competitors. The course covers strategic decisions in technology, facilities, vertical integration, human resources, and other areas, and also explores means of competition such as cost, quality, and innovativeness
This course explores the foundations and content of norms of justice that apply beyond the borders of a single state. We examine issues of political justice, economic justice, and human rights. Topics include the case for skepticism about global justice; the idea of global democracy; intellectual property rights; the nature of distributive justice at the global level; pluralism and human rights; and rights to control borders. It meets jointly with Harvard's Philosophy 271, and is taught by Professors Joshua Cohen, Thomas Scanlon, and Amartya Sen. Readings are from Kant, Habermas, Rawls, Sen, Beitz, Nussbaum, Stiglitz, Ignatieff, Walzer, among others.
This course examines the politics of international economic relations. We begin with a discussion of the analytical "lenses" through which we can view the global economy. We then examine the politics of trade policy, multinational corporations, and international monetary and financial relations. We will also examine third-world development, communist transition, and the debate over "globalization." Finally we will explore the fight against terrorist financing and money laundering, the proper role of international financial institutions (including the IMF), and the impact of the global economy on the ability of governments to make policy within their own borders.
This course focuses on strategic and political implications of ongoing trends in global energy markets, particularly markets for crude oil and natural gas. The course examines the world's major oil and natural gas producing regions: the Middle East, the Caspian Region, Russia, Venezuela, and the North Sea. Producer-consumer relationships are considered for China, India, Japan, and the United States. United States foreign policy implications, especially with respect to China, are discussed.
How can we translate real-world challenges into future business opportunities? How can individuals, organizations, and society learn and undergo change at the pace needed to stave off worsening problems? Today, organizations of all kindstraditional manufacturing firms, those that extract resources, a huge variety of new start-ups, services, non-profits, and governmental organizations of all types, among many othersare tackling these very questions. For some, the massive challenges of moving towards sustainability offer real opportunities for new products and services, for reinventing old ones, or for solving problems in new ways. The course aims to provide participants with access and in-depth exposure to firms that are actively grappling with the sustainability-related issues through cases, readings and guest speakers.
This course examines alternative conceptions and theoretical underpinnings of the notion of "sustainable development." It focuses on the sustainability problems of industrial countries (i.e., aging of populations, sustainable consumption, institutional adjustments, etc.); and of developing states and economies in transition (i.e., managing growth, sustainability of production patterns, pressures of population change, etc.). It also explores the sociology of knowledge around sustainability, the economic and technological dimensions and institutional imperatives along with implications for political constitution of economic performance.
This is a course for those who are interested in the challenge posed by massive and persistent world poverty, and are hopeful that economists might have something useful to say about this challenge. The questions we will take up include: Is extreme poverty a thing of the past? What is economic life like when living under a dollar per day? Why do some countries grow fast and others fall further behind? Does growth help the poor? Are famines unavoidable? How can we end child laboror should we? How do we make schools work for poor citizens? How do we deal with the disease burden? Is micro finance invaluable or overrated? Without property rights, is life destined to be "nasty, brutish and short"? Has globalization been good to the poor? Should we leave economic development to the market? Should we leave economic development to non-governmental organizations (NGOs)? Does foreign aid help or hinder? Where is the best place to intervene?
Numerous recent studies have shown that the U.S. has relatively low percentages of students who enter science and engineering and a high drop-out rate. Some other countries are producing many more scientists and engineers per capita than the U.S. What does this mean for the future of the U.S. and the global economy?
The course is designed to provide a better understanding of the built environment, globalization, the current financial crisis and the impact of these factors on the rapidly changing and evolving international architecture, engineering, construction fields.
This course explores effects of globalization of finance on international relations and domestic politics. Topics include international institutions and global governance; the multi-nationalization of production; effects of international capital markets on domestic politics; global finance and the developing world; and financial crises. Discussion of the interplay between politics and economics and the future of the nation-state.
The concept of globalization fosters the understanding of the interconnectedness of cultures and societies geographically wide apart; America, Europe, Asia, and Africa. Subject scans existing debates over globalization around the world. This course explores how globalization impacts everyday life in the First and Third World; how globalization leads to a common cosmopolitan culture; the emergence of a global youth culture; and religious, social, and political movements that challenge globalization. Materials examined include pop music, advertisements, film posters, and political cartoons.
This course considers reggae, or Jamaican popular music more generallyin its various forms (ska, rocksteady, roots, dancehall)as constituted by international movements and exchanges and as a product that circulates globally in complex ways. By reading across the reggae literature, as well as considering reggae texts themselves (songs, films, videos, and images), students will scrutinize the different interpretations of reggae's significance and the implications of different interpretations of the story of Jamaica and its music.
The course introduces the main debates about the "new" global economy and their implications for practice and policy. Experts from academia and business will share their findings about, and direct experiences with, different aspects of globalization.