- Political Sciences
- Economics
- Market Dynamics
- Public Policies
- Supply And Demand
- Socioeconomics
- Policy Analysis
- Consumer Behaviour
- Decision Making
- Behavioral Economics
- Business Economics
Market Equilibrium, Government Policy & Elasticity
Completed by Liubov Oleksandrivna DEMCHENKO-TARASOVA
September 10, 2025
6 hours (approximately)
Liubov Oleksandrivna DEMCHENKO-TARASOVA's account is verified. Coursera certifies their successful completion of Market Equilibrium, Government Policy & Elasticity
What you will learn
Surplus & Social Welfare: Applying the concept of surplus to measure the welfare of an economy and use the supply and demand model to illustrate it
Impact of Government Interventions: Understand how government interventions (eg. price controls) impact social welfare using model of supply & demand
Price Elasticity of Demand: Learn how to classify goods based on their price elasticity of demand & predict how changes in price might affect revenue
Analysis of Tax Implications: Use the price elasticity of demand concept to determine the distributional and welfare effects of an excise tax
Skills you will gain
