Tag: Technological

Colleges and Departments | Michigan Technological University

Continue Michigan Tech’s Engineering Tradition

We set out as the Michigan Mining School in 1885 to train mining engineers to better
operate copper mines. Today, more than 60 percent of Michigan Tech students are enrolled
in our 12 undergraduate and 29 graduate engineering programs across nine departments.
Our students and curriculum embrace the spirit of hard work and fortitude our founders
once had. See why Michigan Tech’s Enterprise Program is one of the top seven capstone
programs in the nation.


Prepare for a Diverse Career

Every Michigan Technological University student attends classes within the College
of Sciences and Arts, including foundational courses in mathematics, physics, humanities,
and social sciences. Students choose electives and minors outside their career track
through the College’s 11 departments. See how Michigan Tech’s cross-disciplinary emphasis
prepares students to create the future.


Boundless Opportunities

The College of Computing at Michigan Technological University prepares inventors,
engineers, coders, and

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Technological Progress – Our World in Data

In the chart shown we see the price changes in goods and services in the United States from 1997-2017, measured as the percentage price change since 1997. Positive values indicate an increase in prices since 1997, and negative values represent a price decline. Here we see a distinct divide between consumer durables and technologies (which have typically seen a price decline), and service-based purchases (which have increased in price).

A combination of industrial offshoring, technological innovation and economies of scale have resulted in a price decline in goods such as televisions (-96% since 1997), software (-67%), toys (-69%), and clothing (-4%). In contrast, the prices of goods and services such as education, childcare, medical care, and housing have increased significantly, rising by 150%, 110%, 100% and 58%, respectively.

The observed rise in costs of services may be partly attributed to the so-called ‘Baumol’s cost disease‘, which is an important exception

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