In this lecture, Dr. Locke applies Ayn Rand's theory of volition to the process of effective study. Specific aspects of studying that are addressed include: 1) the choice of what to study; 2) the choice of what goals to set (including their degree of specificity and difficulty); 3) the choice of what factors to consider when choosing goals; 4) the decision to commit oneself to one's goals; 5) the resolution of conflicts between one's study goals and other values; and 6) the actions taken to diagnose and overcome failures to achieve one's goals.