University of Michigan - Model Thinking
University of Michigan - Model Thinking
English | MP4 | 960x540 | AVC 67.7 Kbps 10.000 fps | AAC 128 Kbps 44.1 khz | 2 channels | 1.79 GB
Genre: Video Training
English | MP4 | 960x540 | AVC 67.7 Kbps 10.000 fps | AAC 128 Kbps 44.1 khz | 2 channels | 1.79 GB
Genre: Video Training
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.
The models covered in this class provide a foundation for future social science classes, whether they be in economics, political science, business, or sociology. Mastering this material will give you a huge leg up in advanced courses. They also help you in life.
Here's how the course will work.
For each model, I present a short, easily digestible overview lecture. Then, I'll dig deeper. I'll go into the technical details of the model. Those technical lectures won't require calculus but be prepared for some algebra. For all the lectures, I'll offer some questions and we'll have quizzes and even a final exam. If you decide to do the deep dive, and take all the quizzes and the exam, you'll receive a certificate of completion. If you just decide to follow along for the introductory lectures to gain some exposure that's fine too. It's all free. And it's all here to help make you a better thinker!
General
Complete name : Model Thinking\1. Introduction Why Model\1 - 1 - Why Model_.mp4
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Codec ID : isom
File size : 12.1 MiB
Duration : 8mn 52s
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Codec ID : 40
Duration : 8mn 52s
Bit rate mode : Variable
Bit rate : 120 Kbps
Maximum bit rate : 128 Kbps
Channel(s) : 2 channels
Channel positions : Front: L R
Sampling rate : 44.1 KHz
Compression mode : Lossy
Delay relative to video : -2ms
Stream size : 7.59 MiB (63%)
Complete name : Model Thinking\1. Introduction Why Model\1 - 1 - Why Model_.mp4
Format : MPEG-4
Format profile : Base Media
Codec ID : isom
File size : 12.1 MiB
Duration : 8mn 52s
Overall bit rate mode : Variable
Overall bit rate : 191 Kbps
Writing application : Lavf53.29.100
Video
ID : 1
Format : AVC
Format/Info : Advanced Video Codec
Format profile : High@L3.1
Format settings, CABAC : Yes
Format settings, ReFrames : 4 frames
Codec ID : avc1
Codec ID/Info : Advanced Video Coding
Duration : 8mn 52s
Bit rate : 67.7 Kbps
Width : 960 pixels
Height : 540 pixels
Display aspect ratio : 16:9
Frame rate mode : Constant
Frame rate : 10.000 fps
Color space : YUV
Chroma subsampling : 4:2:0
Bit depth : 8 bits
Scan type : Progressive
Bits/(Pixel*Frame) : 0.013
Stream size : 4.30 MiB (36%)
Writing library : x264 core 120 r2120 0c7dab9
Encoding settings : cabac=1 / ref=3 / deblock=1:0:0 / analyse=0x3:0x113 / me=hex / subme=7 / psy=1 / psy_rd=1.00:0.00 / mixed_ref=1 / me_range=16 / chroma_me=1 / trellis=1 / 8x8dct=1 / cqm=0 / deadzone=21,11 / fast_pskip=1 / chroma_qp_offset=-2 / threads=12 / sliced_threads=0 / nr=0 / decimate=1 / interlaced=0 / bluray_compat=0 / constrained_intra=0 / bframes=3 / b_pyramid=2 / b_adapt=1 / b_bias=0 / direct=1 / weightb=1 / open_gop=0 / weightp=2 / keyint=250 / keyint_min=10 / scenecut=40 / intra_refresh=0 / rc_lookahead=40 / rc=crf / mbtree=1 / crf=28.0 / qcomp=0.60 / qpmin=0 / qpmax=69 / qpstep=4 / ip_ratio=1.40 / aq=1:1.00
Audio
ID : 2
Format : AAC
Format/Info : Advanced Audio Codec
Format profile : LC
Codec ID : 40
Duration : 8mn 52s
Bit rate mode : Variable
Bit rate : 120 Kbps
Maximum bit rate : 128 Kbps
Channel(s) : 2 channels
Channel positions : Front: L R
Sampling rate : 44.1 KHz
Compression mode : Lossy
Delay relative to video : -2ms
Stream size : 7.59 MiB (63%)
Screenshots
University of Michigan - Model Thinking
University of Michigan - Model Thinking
University of Michigan - Model Thinking
