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The MIT Department of Economics is a department of the Massachusetts Institute of Technology in Cambridge, Massachusetts. Undergraduate studies in economics were introduced in the 19th century by institute president Francis Amasa Walker , while the department's Ph.D. program was introduced in 1941.
The title of Institute professor is an honor bestowed by the Faculty and Administration of MIT on a faculty colleague who has demonstrated exceptional distinction by a combination of leadership, accomplishment, and service in the scholarly, educational, and general intellectual life of the Institute or wider academic community.
MIT Sloan completed its new central building, known as E62, in 2010. The MIT Sloan School of Management began in 1914 as the engineering administration curriculum ("Course 15") in the MIT Department of Economics and Statistics. The scope and depth of this educational focus grew steadily in response to advances in the theory and practice of ...
MIT's graduate program has high coexistence with the undergraduate program, and many courses are taken by qualified students at both levels. MIT offers a comprehensive doctoral program with degrees in the humanities, social sciences, and STEM fields as well as professional degrees, including the Master of Business Administration (MBA). [178]
The MIT School of Science is one of the five schools of the Massachusetts Institute of Technology, located in Cambridge, Massachusetts, United States.The School, which consolidated under the leadership of Karl Taylor Compton in 1932, is composed of 6 academic departments who grant SB, SM, and PhD or ScD degrees; as well as a number of affiliated laboratories and centers.
Robert Stephen Pindyck (/ ˈ p ɪ n d aɪ k / PIN-dyke; born January 5, 1945) is an American economist, Bank of Tokyo-Mitsubishi Professor of Economics and Finance at Sloan School of Management at Massachusetts Institute of Technology. He is also a research associate with the National Bureau of Economic Research and a Fellow of the Econometric ...
Transformation problem: The transformation problem is the problem specific to Marxist economics, and not to economics in general, of finding a general rule by which to transform the values of commodities based on socially necessary labour time into the competitive prices of the marketplace. The essential difficulty is how to reconcile profit in ...
In sales and trading, quantitative analysts work to determine prices, manage risk, and identify profitable opportunities.Historically this was a distinct activity from trading but the boundary between a desk quantitative analyst and a quantitative trader is increasingly blurred, and it is now difficult to enter trading as a profession without at least some quantitative analysis education.