Microeconomics: The Power of Markets by University of Pennsylvania
Every day, people make economic decisions: what to buy, whether or not to work or play, and what to study. Markets influence their decisions on a daily basis: prices influence their decisions, markets signal where to concentrate effort, and markets direct enterprises to manufacture some goods over others. They are surrounded by economics.
Microeconomics: The Power of Markets by University of Pennsylvania covers the microeconomic theory of markets, including why we have them, how they work, and what they achieve. Learners begin by discussing scarcity and how specialization based on comparative advantage allows learners to accomplish more than they could on their own. Following that, the instructor constructs a market using Supply and Demand tools to see how well it works and what its limits are.
Finally, learners look at how government involvement affects ideal markets. Examples are drawn from ordinary life, including products and services that learners all buy and utilize. Weekly exercises will allow learners to apply the theory to current events and policy debates. These will enable you to become a well-informed, critical thinker capable of comprehending, analyzing, and evaluating market outcomes.
This course offers:
- Flexible deadlines: Reset deadlines in accordance to your schedule.
- Certificate : Earn a Certificate upon completion
- 100% online
- Beginner Level
- Approx. 16 hours to complete
- Subtitles: French, Portuguese (European), Urdu, Russian, English, Spanish, Mongolian
Coursera Rating: 4.7/5.0
Enroll here: https://www.coursera.org/learn/microeconomics-part1
