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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
1,575 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

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!

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.

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151 - 175 of 314 Reviews for Microeconomics: The Power of Markets

By Liza K

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May 4, 2020

Excellent course and very clear explanations and exercises!

By Lye Z X

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Oct 29, 2022

Perfect course. I have learn alot! keep up the good work

By Nikhil N

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Jan 17, 2017

Totally loved it. Looking forward to taking the next one.

By Yang Z

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Sep 20, 2020

Clean and neat video, great experience. Amazing teacher.

By Udbhav S

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Apr 29, 2017

An amazing course, with detailed analysis of each topic

By Julian M

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Jun 21, 2021

I love the explanation, teaching and the illustrations

By Himanshu C

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Dec 22, 2020

wow, thank you so much for the economic enlightenment!

By Damian A

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Jun 3, 2018

Fantastic professor and loved the coursework/readings.

By ayushi d

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Jul 11, 2023

Great explaining! Very simple and easy to understand!

By Maikol A

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Apr 7, 2022

Easy to understand, Key concepts explained very well.

By Adzhar R A

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Apr 13, 2023

good explanation and easy to understand the examples

By Shashank K

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Mar 14, 2016

Very informative and a very knowledgeable professor.

By Munja D S

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Jan 27, 2020

It was great learning curve. Thanks for the course.

By Eduardo G

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Feb 16, 2020

Good course to learn the basics of microeconimics.

By Yau H K

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Jun 6, 2017

Excellent and interesting course for an engineer!

By Zhichen Z

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Jul 21, 2018

Excellent course! Crystal clear and interesting!

By dimithra d

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May 25, 2024

bit hard for a beginner or less bright student

By Ýusup A

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Nov 18, 2021

Very good and informative course for newcomers.

By Lakshay T

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Oct 1, 2018

A good course to learn basics of microeconomics

By Kannan D

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Nov 5, 2016

Fantastic one to learn !! Loved this course....

By Jiahe L

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Feb 20, 2020

very useful class, want to have more in future

By Longcheng D

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Jul 18, 2017

STRONGLY RECOMMENDED ! THE TEACHER IS SO GOOD.

By sophia p

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Mar 29, 2024

It was clear, interesting and informative.

By Huu L

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Mar 15, 2022

Thanks for the knowledge of Microeconomics

By Francisco E

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Sep 23, 2024

Very organized and well prepared course !