University of Rochester
The Power of Markets I: The Basics of Supply and Demand and Consumer Behavior
University of Rochester

The Power of Markets I: The Basics of Supply and Demand and Consumer Behavior

Taught in English

Some content may not be translated

17,703 already enrolled

Course

Gain insight into a topic and learn the fundamentals

Mark Zupan

Instructor: Mark Zupan

4.6

(248 reviews)

Beginner level
No prior experience required
7 hours to complete
3 weeks at 2 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Students will be able to explain basic principles of supply and demand.

  • Students will be able to use supply and demand to predict market outcomes.

  • Students will be able to summarize consumer behavior through individual preferences and budget constraints.

Details to know

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Assessments

4 quizzes

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There are 4 modules in this course

Basic Assumptions About Market Participants and the Concept of Opportunity Cost. The Determinants of Demand and Supply.

What's included

9 videos1 reading1 quiz

Using the Supply-Demand Framework to Predict and Explain Market Outcomes as well as to Show the Impacts of Government Intervention. Some Key Elasticities of Demand and Supply.

What's included

8 videos1 quiz

Explaining Consumer Choice Through Analyzing Consumer Preferences and Budget Constraints.

What's included

9 videos1 quiz

Using Consumer Choice Theory to Analyze Investor Choice as well as Policies Such as ObamaCare and School Choice. Promoting Efficiency in the Distribution of Goods.

What's included

9 videos1 quiz

Instructor

Instructor ratings
4.4 (27 ratings)
Mark Zupan
University of Rochester
3 Courses23,084 learners

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Learner reviews

Showing 3 of 248

4.6

248 reviews

  • 5 stars

    73.79%

  • 4 stars

    19.75%

  • 3 stars

    4.03%

  • 2 stars

    1.20%

  • 1 star

    1.20%

AC
5

Reviewed on Dec 22, 2022

DS
5

Reviewed on Sep 25, 2020

MM
5

Reviewed on Mar 11, 2019

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