MIT Open Course Ware video lecture series, “Uncertainty”

Read the following to prepare for this week:

  • Survey of Economics, Chapter 10: Imperfect Information, External Benefits, and External Costs

Video:

Watch the following video(s), which you can access in the Weekly Media object or by clicking on the link(s) below: and answer the question.

12.3 Test your Knowledge (Question):

Q1 Discuss why do wages differ across occupations?