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University Archive for the History of Economic Thought

University Archive for the History of Economic Thought

Learning From Data - The Lectures Taught by Feynman Prize winner Professor Yaser Abu-Mostafa. The fundamental concepts and techniques are explained in detail. The focus of the lectures is real understanding, not just "knowing." Lectures use incremental viewgraphs (2853 in total) to simulate the pace of blackboard teaching. The 18 lectures (below) are available on different platforms: Here is the playlist on YouTube Lectures are available on iTunes U course app The Learning Problem - Introduction; supervised, unsupervised, and reinforcement learning. Is Learning Feasible? The Linear Model I - Linear classification and linear regression. Error and Noise - The principled choice of error measures. Training versus Testing - The difference between training and testing in mathematical terms. Theory of Generalization - How an infinite model can learn from a finite sample. The VC Dimension - A measure of what it takes a model to learn. Bias-Variance Tradeoff - Breaking down the learning performance into competing quantities.

Economics Revision Notes for AS, A2 & IB Economics AS, A2 & IB Economics Revision Notes This is a new, comprehensive collection of free revision notes to support core topics on your AS, A2 or International Baccaleaurate Economics courses. Click on the relevant tab to find suitable notes. Click here for a comprehensive range of economics revision presentations Digital Magazines Business Cafe econoMAX First Past the Post Teacher Services Subject Newsletters Inset Courses Student Workshops Blogs Economics Business Studies Politics History IB Diploma Sociology Law Religious Studies Revision Presentations Business Strategy Accounting & Finance Economics External Environment Marketing Politics Revision Notes Accounting & Finance Economics (AS/A2) Economics (GCSE) External Environment Business Studies (GCSE) Marketing People / Organisations Politics Production & Ops Religious Studies (AS/A2) Sociology (GCSE) Strategy Quizzes The Biz Quiz (Business) Accounting & Finance Economics (AS/A2) Marketing People & Organisations Politics Production & Operations Other Resources Applying to University

Of the 1%, by the 1%, for the 1% | Society It’s no use pretending that what has obviously happened has not in fact happened. The upper 1 percent of Americans are now taking in nearly a quarter of the nation’s income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has improved considerably. Economists long ago tried to justify the vast inequalities that seemed so troubling in the mid-19th century—inequalities that are but a pale shadow of what we are seeing in America today. Some people look at income inequality and shrug their shoulders. First, growing inequality is the flip side of something else: shrinking opportunity. Third, and perhaps most important, a modern economy requires “collective action”—it needs government to invest in infrastructure, education, and technology. None of this should come as a surprise—it is simply what happens when a society’s wealth distribution becomes lopsided. America’s inequality distorts our society in every conceivable way.

uWall.tv | Listen to a Wall of Music © 2021 - Privacy - Terms 10 Lesser Known Economic Issues Politics While not an economist in the traditional sense, I am very interested in the study of economics. While not everyone shares this level of interest, I believe people should have an understanding of economics as the field is so important to understanding the world that we live in. Also known as the Diamond-Water Paradox, the paradox of value is the contradiction that while water is more useful, in terms of survival, than diamonds, diamonds get a higher market price. This paradox can possibly be explained by the Subjective Theory of Value, which says that worth is based on the wants and needs of a society, as opposed to value being inherent to an object. Khazzoom–Brookes Postulate This proposal was named after economists Daniel Khazzoom and Leonard Brookes, who argued that increased energy efficiency, paradoxically, tends to lead to increased energy consumption. “Increased energy efficiency can increase energy consumption by three means. Economics has many categories for “goods”.

Mechanical Engineering Mechanical engineering is one of the broadest technical fields you can enter. As a result, this program is designed to provide you with a solid background in both mechanical and energy systems (and their respective components). To acquire competence in these areas, you will need a solid foundation in math and science, and will accordingly be required to complete a suite of pre-requisite courses in each of these ancillary disciplines. The Mechanical Engineering curriculum is divided into four sections: 100-level courses, 200-level courses, 300-level courses, and 400-level courses. Since the Saylor curriculum is self-directed, the numbering system used for course descriptors is designed to guide the student in the appropriate sequence of study. These numbers do not necessarily correspond to freshman, sophomore, junior, and senior level courses, but are in sequential order. In order to fulfill the requirements for this major, you must complete all 24 of the courses below.

Classical Economics vs. The Exploitation Theory - George Reisman For more than a century, one of the most popular economic doctrines in the world has been the exploitation theory. According to this theory, capitalism is a system of virtual slavery, serving the narrow interests of a comparative handful of businessmen and capitalists, who, driven by insatiable greed and power lust, exist as parasites upon the labor of the masses. This view of capitalism has not been the least bit shaken by the steady rise in the average standard of living that has taken place in the capitalist countries since the beginning of the Industrial Revolution. The rise in the standard of living is not attributed to capitalism, but precisely to the infringements which have been made upon capitalism. People attribute economic progress to labor unions and social legislation, and to what they consider to be improved personal ethics on the part of employers. The Exploitation Theory and the Overthrow of Classical Economics The Conceptual Framework of the Exploitation Theory

Finally, A Rich American Destroys The Fiction That Rich People Create The Jobs 60 Minutes America's real job-creators...who can't afford to create any jobs. In the war of rhetoric that has developed in Washington as both sides blame each other for our economic mess, one argument has been repeated so often that many people now regard it as fact: Rich people create the jobs. Specifically, entrepreneurs and investors, when incented by low taxes, build companies and create millions of jobs. And these entrepreneurs and investors, therefore, the argument goes, can solve our nation's huge unemployment problem — if only we cut taxes and regulations so they can be incented to build more companies and create more jobs. In other words, by even considering raising taxes on "the 1%," we are considering destroying the very mechanism that makes our economy the strongest and biggest in the world: The incentive for entrepreneurs nd investors to build companies in the hope of getting rich and, in the process, creating millions of jobs. She'd like to create jobs. And Hanauer explains why.

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