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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
1,638 ratings

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

MH

May 3, 2016

Nice, short and interesting videos. The assignments are not too difficult or too easy. You can see, that Mrs Stein put a lot of effort into the videos and explanations.

AS

Jan 13, 2017

I really enjoyed the clarity with which the concepts were taught. I loved the examples and I thought they were very helpful and made the concepts so much easier to understand.

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201 - 225 of 328 Reviews for Microeconomics: The Power of Markets

By Alexander P

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Sep 30, 2018

Very thorough yet approachable

By Anastasiia S

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Oct 3, 2024

Very interesting and useful !

By Beth J

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Jun 9, 2024

Very comprehensive, thank you

By ANA K

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Mar 14, 2016

I really enjoyed this course.

By Aaditya S

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Jan 10, 2021

very helpful for beginners.

By saroni s

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Jul 24, 2020

The teaching was excellent.

By Andy V W W

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Apr 17, 2023

Amazing! Learn a lot here!

By Hemanth K

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Jun 14, 2020

VERY KNOWLEDGEABLE COURSE

By Diego A C

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Aug 12, 2019

Great level of knowledge!

By Shubhashis S

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Aug 21, 2023

It was great experience.

By Kevin Z

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Feb 23, 2023

Very clear explanation

By Amr A W

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Feb 8, 2016

Excellent course. :)

By Viphada S

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Sep 25, 2024

very useful courses

By УА-32 С А

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Jun 4, 2024

So good, thank you!

By Sharmae E

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Dec 3, 2021

I love this course!

By Seunghyun E

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Oct 29, 2017

it was very helpful

By WILMAR M U E

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Mar 10, 2017

Excellent Course...

By Mohammed B

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Feb 21, 2025

An excellent cours

By SINCHANA U S

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Sep 16, 2024

it was very useful

By An H T

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Sep 2, 2021

Beautiful course!

By Ravi V

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Jun 23, 2022

Its a good course

By Tan S Y

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Sep 26, 2021

great explanation

By Nasario M

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Jun 24, 2020

Excellent Course!

By Archana A

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Oct 29, 2024

Excellent course

By Nimish K

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Aug 28, 2021

Wonderful Course