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Back to Microeconomics: The Power of Markets

Learner Reviews & Feedback for Microeconomics: The Power of Markets by University of Pennsylvania

966 ratings
187 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

Jan 18, 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.

Mar 4, 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 187 Reviews for Microeconomics: The Power of Markets

By Munja D S

Jan 27, 2020

It was great learning curve. Thanks for the course.

By Eduardo G

Feb 16, 2020

Good course to learn the basics of microeconimics.

By Yau H K

Jun 6, 2017

Excellent and interesting course for an engineer!

By Zhichen Z

Jul 21, 2018

Excellent course! Crystal clear and interesting!

By Lakshay T

Oct 1, 2018

A good course to learn basics of microeconomics

By Kannan D

Nov 5, 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


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.


May 6, 2017


By Amar M

Mar 2, 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 3, 2019

one of the very best, thanks Prof

By Sergio D

Jan 1, 2018

excellent, very clear and concise

By donghyeokyoon

Oct 29, 2017

very good material for Economic

By Alexander D P

Sep 30, 2018

Very thorough yet approachable


Mar 14, 2016

I really enjoyed this course.

By Aaditya S

Jan 10, 2021

very helpful for beginners.

By Saroni S

Jul 24, 2020

The teaching was excellent.

By Hemanth K k

Jun 14, 2020


By Diego A C

Aug 12, 2019

Great level of knowledge!

By Amr A W

Feb 8, 2016

Excellent course. :)