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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
810 ratings
154 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

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.

AP

May 17, 2020

The information I gained during this course will surely help me in becoming a better economist in the future and I found all the concepts quite easy as they were explained very well.

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51 - 75 of 154 Reviews for Microeconomics: The Power of Markets

By ANIBAL H B

Oct 04, 2017

EXCELENTE CURSO, EXCELENTES CONTENIDOS, MUY VALIOSO TODO LO APRENDIDO. MUCHAS GRACIAS

By Abiven J C

Aug 20, 2018

Très intéressant, a chaque fois ce sont de petites vidéos de 8 minutes maximum.

By Thai T

Mar 08, 2016

Really useful and practical. The teaching method is quite easily understanding.

By Ralph R F

May 21, 2019

Prof. Steins' short and concise videos is perfect for the busy professional.

By Christopher W

May 08, 2020

An extremely good introduction to economics by a fantastic tutor.

Excellent!

By Claudette H

Mar 31, 2016

Excellent Course! Broadened my understanding of the financial markets.

By Vikas S

Sep 30, 2016

Awesome Course for the guys who has no idea about the micro economics.

By Lopamudra M

Apr 14, 2016

Concise and Comprehensive, with well-spaced out numericals and quizzes

By yike t

May 17, 2020

The course is very helpful to those who are not major in economics.

By Hùng T

Jun 08, 2018

Very detailed, informative and comprehensive. The tutor is great !!

By Euclides J L V

May 06, 2018

Amazing course. This kind off knowledge is essencial for every one.

By Raymond Z

Jun 22, 2017

economics offers me so many insights about understanding the world!

By Parth W

Jan 05, 2017

It was a very helpful course which will help me in my further study

By Rishabh S

Oct 22, 2017

Fun, Interesting, Experienced many new things i didn't know about.

By MD R H

May 09, 2020

its is really helpful and i understand all the topic very easily.

By Mario P

Feb 28, 2019

Very good explanation for fixing fundamental ideas in the matter.

By Deleted A

Jun 01, 2017

This course is designed very full , the lecturer teaching is good

By Anjan C

Feb 17, 2016

Well designed course to explain the fundamental of microeconomics

By Carlos E C G

Apr 03, 2016

This is an excellent complement for my studies in microeconomics

By ricardo p o

Oct 23, 2016

excellent course, and excellent teacher, thank you very much.

By Nikhil N

Jan 17, 2017

Totally loved it. Looking forward to taking the next one.

By udbhav s

Apr 29, 2017

An amazing course, with detailed analysis of each topic

By Damian A

Jun 03, 2018

Fantastic professor and loved the coursework/readings.

By Shashank K

Mar 14, 2016

Very informative and a very knowledgeable professor.