Choice of material has implications throughout the life-cycle of a product, influencing many aspects of economic and environmental performance. This course will provide a survey of methods for evaluating those implications. Lectures will cover topics in material choice concepts, fundamentals of engineering economics, manufacturing economics modeling methods, and life-cycle environmental evaluation.

Basic elements of intelligent transportation systems. Technological, systems, and institutional aspects of ITS considered, including system architecture, congestion pricing, public/private partnerships, network models, ITS as industrial policy, and implementation case studies. Intelligent Transportation Systems (ITS) represent a major transition in transportation on many dimensions. This course considers ITS as a lens through which one can view many transportation and societal issues. ITS is an international program intended to improve the effectiveness and efficiency of surface transportation systems through advanced technologies in information systems, communications, and sensors. In the United States, ITS represents the major post-Interstate-era program for advancing surface transportation in highways and public transportation, and is potentially comparable to the air traffic control system in impact.

Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition.

By the end of this section, you will be able to:
Contrast consumer surplus, producer surplus, and social surplus
Explain why price floors and price ceilings can be inefficient
Analyze demand and supply as a social adjustment mechanism

Subject focuses on some of the important current issues in strategic management. It concentrates on modern analytical approaches and on enduring successful strategic practices. It is consciously designed with a technological and global outlook since this orientation in many ways highlights the significant emerging trends in strategic management. Subject is intended to provide the students with a pragmatic approach that guides the formulation and implementation of corporate, business, and functional strategies. Restricted to Sloan Fellows.

This course is intended to be an extension of course 15.902, Strategic Management, with the purpose of allowing the students to experience an in-depth application of the concepts and frameworks of strategic management. Throughout the course, Professor Hax will discuss the appropriate methodologies, concepts, and tools pertinent to strategic analyses and will illustrate their use by discussing many applications in real-life settings, drawn from his own personal experiences.

This readings-based course analyzes the structure and operation of government systems in developing countries, with particular emphasis on regional and local governments. Major topics include: the role of decentralization in national economic reform programs; the potential impact of decentralized governments on local economic development; determination of optimal arrangements for sharing fiscal responsibilities among levels of government; evaluation of local revenue and expenditure decisions; and assessment of prospects and options for intergovernmental fiscal reform. Emphasis is on basic economic concerns, with consideration given to political, institutional, and cultural factors.