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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
920 ratings
183 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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76 - 100 of 182 Reviews for Microeconomics: The Power of 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 Ashwin K

Jun 23, 2020

This course was fantastic and I learned a lot during the five weeks.

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 Deleted A

Apr 03, 2016

This is an excellent complement for my studies in microeconomics

By Srinivasan K

Jul 10, 2020

Excellent delivery by the instructor, and sensible assignment

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.

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 06, 2017

Excellent and interesting course for an engineer!

By Zhichen Z

Jul 21, 2018

Excellent course! Crystal clear and interesting!