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University of Michigan

Model Thinking

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 Course Certificate. 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!

Status: Systems Thinking
Status: Strategic Decision-Making
IntermediateCourse28 hours

Featured reviews

RK

5.0Reviewed Nov 18, 2019

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!

AA

5.0Reviewed Jun 6, 2016

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.

JG

5.0Reviewed Apr 7, 2018

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!

CP

5.0Reviewed Mar 6, 2016

Very interesting! The teacher explains really well and even though his expertise is social science, he always explains how this thinking can pertain to other realms.

GM

5.0Reviewed Jan 28, 2021

Excellent overview course with potential for individuals to go further and also think about decision making in general. One of the most useful courses I have taken.

CC

4.0Reviewed Apr 19, 2020

Inch deep mile wide - great, wide-ranging overview of models. Gets a bit technical and quantitative sometimes but the information is useful to apply a more critical thinking lens to everyday life.

FG

5.0Reviewed Jan 3, 2016

Really good. Fantastic overview. For 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.

BG

5.0Reviewed Jan 25, 2019

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!

LO

5.0Reviewed Apr 17, 2023

Great overview or survey of different types of models and how and why to apply them. It feels like a good jumping off point to other deeper work in the domain.

PW

5.0Reviewed Nov 18, 2016

Clear. Well paced. Methodical. Ideal balance of mathematics and practical application. Mathematics not too overwhelming although it did push my thinking hard.

RA

5.0Reviewed Sep 20, 2018

All the way 5! I am a last year Ph.D. candidate and this is one of the best courses I have ever had in my whole life! The instructor is amazing! I highly recommend.

RR

5.0Reviewed May 26, 2022

I love this course, and I want to thank you the University of Michigan and professor Scott for dedicating his time and putting all this information together.

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