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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
1,555 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

D

May 24, 2021

A very good introduction to microeconomics course, the professor was great. She explained all the concepts with ease. I would urge everyone who wants to get started with economics to try this course.

AN

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!

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226 - 250 of 310 Reviews for Microeconomics: The Power of Markets

By Kenesbekova A

Oct 23, 2021

Я благодарна!

By Ashwed A P

Jul 1, 2018

Great course!

By Shashkiyeva A

Jul 3, 2023

замечательно

By Nishant S

Sep 25, 2022

nice course

By Rasinah b A K

Sep 10, 2021

great module

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 Siddharth S P

Aug 31, 2022

thank you

By Joy F S

Sep 13, 2021

THANK YOU

By Jack S

May 19, 2021

EXCELLENT

By Orlando M

Feb 16, 2018

I love it

By Ganavi K

Nov 10, 2024

skillful

By YINAN R

Oct 17, 2022

great!!

By Sirui T

Jun 17, 2021

Awesome

By GUDIVADA V V

Sep 29, 2024

good

By LADY L N

Mar 3, 2022

good

By 吴子超

Jun 14, 2018

good

By 栗言

Jun 3, 2017

good

By 2110-Ojaswin V

Apr 15, 2017

;-]

By Kiran S

Aug 30, 2024

.

By Chrysovalantis F

Jan 17, 2024

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By Jitagna M

Sep 19, 2017

Very well explained course. Lectures could have been clubbed together to make fewer lectures and to prevent loss of continuity in the same concept. Similarly for the tests. I felt there are too many small small tests, that makes a person tend to retake them. This makes a person think that the course is too long, but actually it isn't. Mentor comments are extremely detailed and attends to each and every point. Sometimes more than what you want as a feedback. Other than discussion prompt there aren't many discussions happening around. Final test was extremely well designed. I liked the concept of front-side explanation board instead of the instructor having to turn around.

By Joseph S

Jun 2, 2020

I remain strongly adherent to the belief entailing the fruition of an improvment of the course through including more videos that seek to establish concrete examples with numerical values. As I viewed most of the videos to excessively discuss abstract concepts, whilst forsaking the necessity to apply noteworthy examples in accordance with the economic principle. Nonetheless, the information presented was valuable and significant to learn in order for one to become more economically literate.