We live in a complex world with diverse people, firms, and governments whose behaviors aggregate to produce novel, unexpected phenomena. We see political uprisings, market crashes, and a never ending array of social trends. How do we make sense of it? Models. Evidence shows that people who think with models consistently outperform those who don't. And, moreover people who think with lots of models outperform people who use only one. Why do models make us better thinkers? Models help us to better organize information - to make sense of that fire hose or hairball of data (choose your metaphor) available on the Internet. Models improve our abilities to make accurate forecasts. They help us make better decisions and adopt more effective strategies. They even can improve our ability to design institutions and procedures. In this class, I present a starter kit of models: I start with models of tipping points. I move on to cover models explain the wisdom of crowds, models that show why some countries are rich and some are poor, and models that help unpack the strategic decisions of firm and politicians.
About this Course
학습자 경력 결과
완료하는 데 약 33시간 필요
학습자 경력 결과
완료하는 데 약 33시간 필요
The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future.
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MODEL THINKING의 최상위 리뷰
The course presents a multitude of models that enable us to analyze human and systems behavior and interactions. By making implicit assumptions explicit we can understand real world processes better.
Great content and lectures, that possibly provides new dimensions to look/explain the situation in context, I guess I will comeback for references to continue with this journey in to 'Model Thinking'
This is a fantastic course that I would recommend to anyone interested in learning how to think better. It introduced me to many topics that i want to learn more about. Thank you, Professor Page!
I learned much more than anticipated. In fact I've already started exploring areas of my work that model thinking would apply and how to use the tools presented in this class. Highly recommend!
Very interesting course. It isn't a hard course whatsoever but the concepts you learn are very fundamental and can be applied in so many domains. Very important to be a well rounded thinker.
Wonderful course and equally wonderful instructor. I really like how Scott builds up from a very simple model and by explaining the intuition behind how we got the math, explains the maths.
This is a great introduction to the types and uses of models. The lectures are clear, and the examples given show good applicability to real world problems. Thanks for making it available!
This course is a great introduction to simple but useful models. The prominent feature of the course is an intuition and practical examples based one the models provided. Many thanks!
Very inspiring! Brings me into a whole new world, to look at things from brand new perspective.\n\nI love this course and would like to be posted on any update on this subject.
Really good. Fantastic overview.\n\nFor my taste it was a bit too easy and it could have gone more in depth in some topics. But I understand the need to keep it general also.
This is a course for anyone who wants to be able to think logically. As an IT professional I would recommend this course to my colleagues in the Information Technology field.
Loving this course so far, eager and excited to continue it and finish very soon. A great addition of analytical frameworks and management strategies to add to my toolkit.
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