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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
938 ratings
185 reviews

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

FP

Jan 19, 2020

Excellent course on the principles of markets and the effects of taxes and subsidies. Really enjoyed it and learned a lot. You definitely start to see the world around you in a different way.

WS

Mar 05, 2020

I really liked this course. The lecturer is able to convey terminologies clearly in a short time. The problems are more sophisticated and worth time thinking instead of just toy questions.

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101 - 125 of 184 Reviews for Microeconomics: The Power of Markets

By Yau H K

Jun 06, 2017

Excellent and interesting course for an engineer!

By Zhichen Z

Jul 21, 2018

Excellent course! Crystal clear and interesting!

By Lakshay T

Oct 01, 2018

A good course to learn basics of microeconomics

By Kannan D

Nov 05, 2016

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

By Jiahe L

Feb 20, 2020

very useful class, want to have more in future

By Longcheng D

Jul 18, 2017

STRONGLY RECOMMENDED ! THE TEACHER IS SO GOOD.

By kora b

Jan 19, 2019

Muito bom, a didática é bem entendível !!

By Gaurav G

Aug 11, 2019

Great course for understanding basics

By Priyanka M

May 24, 2017

It was a gfreat learning experience.

By YANG Z

May 07, 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

Mar 02, 2016

An excellent course. Well presented.

By Siddhartha r

Apr 29, 2020

Good start to explore the subject.

By Nicolò B

Apr 29, 2020

Very interesting and clear course

By Emmanuel N O

Nov 04, 2019

one of the very best, thanks Prof

By Sergio D

Jan 02, 2018

excellent, very clear and concise

By donghyeokyoon

Oct 29, 2017

very good material for Economic

By Alexander D P

Oct 01, 2018

Very thorough yet approachable

By ANA K

Mar 14, 2016

I really enjoyed this course.

By saroni s

Jul 24, 2020

The teaching was excellent.

By Hemanth K k

Jun 14, 2020

VERY KNOWLEDGEABLE COURSE

By Diego A C

Aug 12, 2019

Great level of knowledge!

By Amr A W

Feb 08, 2016

Excellent course. :)

By Seunghyun E

Oct 29, 2017

it was very helpful

By WILMAR M U E

Mar 10, 2017

Excellent Course...

By Mohammed B

Apr 26, 2020

An excellent cours