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Back to Microeconomics: The Power of Markets

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

1,004 ratings
197 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 21, 2021

It’s been my 4th and favorite course on coursera one so far! Very short interesting videos with great explanation and great visual demonstration by having a transperent board in front of the teacher!

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.

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126 - 150 of 197 Reviews for Microeconomics: The Power of Markets

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. :)

By Seunghyun E

Oct 29, 2017

it was very helpful


Mar 10, 2017

Excellent Course...

By Mohammed B

Apr 26, 2020

An excellent cours

By Nasario M

Jun 24, 2020

Excellent Course!

By Jun Z

Dec 24, 2017

excellent course

By Rishitha

Aug 23, 2017

very interesting

By Ramesh M

Apr 18, 2020

Awesome teacher

By Kailas S K

Feb 17, 2019

Very productive

By Clifford T

Mar 2, 2016

excellent class

By Ashwed A P

Jul 1, 2018

Great course!

By Ahmed O M F

Apr 6, 2020

Super Course

By Leah R

Aug 9, 2018

Great Course

By Amar S

Aug 11, 2019

Good Course

By 張守忻

May 8, 2019

very gooodd

By Orlando M

Feb 16, 2018

I love it

By 吴子超

Jun 14, 2018


By 栗言

Jun 3, 2017