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Back to Microeconomics: The Power of Markets

Learner Reviews & Feedback for Microeconomics: The Power of Markets by University of Pennsylvania

4.7
stars
1,555 ratings

About the Course

We make economics decisions every day: what to buy, whether to work or play, what to study. We respond to markets all the time: prices influence our decisions, markets signal where to put effort, they direct firms to produce certain goods over others. Economics is all around us. This course is an introduction to the microeconomic theory of markets: why we have them, how they work, what they accomplish. We will start with the concept of scarcity and how specialization according to comparative advantage helps us achieve more than we could alone. Next we model a marked using the tools of Supply and Demand and learn what well working markets accomplish and what their limit are. We end by exploring the impact of government intervention on perfect markets. Examples are taken from everyday life, from goods and services that we all purchase and use. We will apply the theory to current events and policy debates through weekly exercises. These will empower you to be an educated, critical thinker who can understand, analyze and evaluate market outcomes....

Top reviews

D

May 24, 2021

A very good introduction to microeconomics course, the professor was great. She explained all the concepts with ease. I would urge everyone who wants to get started with economics to try this course.

AN

Jan 21, 2021

It’s been my 4th and favorite course on coursera one so far! Very short interesting videos with great explanation and great visual demonstration by having a transperent board in front of the teacher!

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176 - 200 of 310 Reviews for Microeconomics: The Power of Markets

By Rhea

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Jan 7, 2022

It was very engaging, highly recommend .

By TAN W K

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Dec 6, 2022

The course was informative and helpful.

By Nor H M Y

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Sep 23, 2021

Wonderful course to start in economics

By Gaurav G

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Aug 11, 2019

Great course for understanding basics

By Priyanka M

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May 24, 2017

It was a gfreat learning experience.

By YANG Z

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May 6, 2017

老师讲的非常棒，逻辑非常清晰，并通过举例子等方式让课程生动具体。非常好。

By Amar M

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Mar 2, 2016

An excellent course. Well presented.

By Rait E

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Jan 21, 2021

Lets you in the world of economics.

By Siddhartha R

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Apr 29, 2020

Good start to explore the subject.

By Nicola B

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Apr 29, 2020

Very interesting and clear course

By Emmanuel N O

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Nov 3, 2019

one of the very best, thanks Prof

By Sergio D

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Jan 1, 2018

excellent, very clear and concise

By David E G Q

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Aug 23, 2021

Great course, much recommended.

By donghyeokyoon

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Oct 29, 2017

very good material for Economic

By Debra J S

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Oct 3, 2021

short and simple to understand

By RBS-36 L R

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Sep 28, 2021

Best guidelines were provided.

By Alexander P

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Sep 30, 2018

Very thorough yet approachable

By Anastasiia S

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Oct 3, 2024

Very interesting and useful !

By Beth J

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Jun 9, 2024

Very comprehensive, thank you

By ANA K

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Mar 14, 2016

I really enjoyed this course.

By Aaditya S

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Jan 10, 2021

very helpful for beginners.

By saroni s

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Jul 24, 2020

The teaching was excellent.

By Andy V W W

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Apr 17, 2023

Amazing! Learn a lot here!

By Hemanth K

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Jun 14, 2020

VERY KNOWLEDGEABLE COURSE

By Diego A C

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Aug 12, 2019

Great level of knowledge!