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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
1,658 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

YG

Mar 3, 2016

Nice lecture and quizzes. Easy to follow and very encouraging for those who is new to coursera or has failed to finish online courses within deadline before (like me).

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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176 - 200 of 332 Reviews for Microeconomics: The Power of Markets

By Zhichen Z

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Jul 22, 2018

Excellent course! Crystal clear and interesting!

By dimithra d

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May 26, 2024

bit hard for a beginner or less bright student

By Ýusup A

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Nov 18, 2021

Very good and informative course for newcomers.

By Lakshay T

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Oct 1, 2018

A good course to learn basics of microeconomics

By Kannan D

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Nov 6, 2016

Fantastic one to learn !! Loved this course....

By Jiahe L

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Feb 20, 2020

very useful class, want to have more in future

By Longcheng D

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Jul 19, 2017

STRONGLY RECOMMENDED ! THE TEACHER IS SO GOOD.

By Thiago V

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Oct 26, 2025

It's a good introduction to microeconomics.

By sophia p

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Mar 29, 2024

It was clear, interesting and informative.

By Huu L

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Mar 16, 2022

Thanks for the knowledge of Microeconomics

By Francisco E

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Sep 24, 2024

Very organized and well prepared course !

By Kora B

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Jan 19, 2019

Muito bom, a didática é bem entendível !!

By Rhea

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Jan 7, 2022

It was very engaging, highly recommend .

By TAN W K

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Dec 6, 2022

The course was informative and helpful.

By Nor H M Y

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Sep 23, 2021

Wonderful course to start in economics

By Gaurav G

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Aug 11, 2019

Great course for understanding basics

By Priyanka M

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May 25, 2017

It was a gfreat learning experience.

By YANG Z

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May 7, 2017

老师讲的非常棒，逻辑非常清晰，并通过举例子等方式让课程生动具体。非常好。

By Amar M

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Mar 3, 2016

An excellent course. Well presented.

By Rait E

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Jan 21, 2021

Lets you in the world of economics.

By Siddhartha R

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Apr 30, 2020

Good start to explore the subject.

By Nicoló B

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Apr 30, 2020

Very interesting and clear course

By Emmanuel N O

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Nov 4, 2019

one of the very best, thanks Prof

By Sergio D

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Jan 2, 2018

excellent, very clear and concise

By David E G Q

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Aug 24, 2021

Great course, much recommended.