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.
Microeconomics: The Power of MarketsUniversity of Pennsylvania
About this Course
Skills you will gain
- Economic Analysis
- Market (Economics)
Syllabus - What you will learn from this course
The Concept of Scarcity
Specialization & Trade
Supply and Demand
Understanding Markets: Elasticities, Market Surplus, Efficiency, and Equity
- 5 stars78.88%
- 4 stars17.62%
- 3 stars2.75%
- 2 stars0.52%
- 1 star0.22%
TOP REVIEWS FROM MICROECONOMICS: THE POWER OF MARKETS
The content was comprehensive and I suggest it as a good introductory stamdpoint to the microeconomic situation. Perhaps it could've been more engaging by referencing real-world incidents.
Nice introductory course for microeconomics. Course provides simple and easy explanations for demand and supply, elasticity, effects of tax and subsidies on market.
From this course I have received an in depth knowledge about basic concepts of microeconomics and have thoroughly enjoyed the course. I will use these concepts in my further studies.
I really enjoyed the clarity with which the concepts were taught. I loved the examples and I thought they were very helpful and made the concepts so much easier to understand.
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