課程信息
4.6
74 ratings
19 reviews
This opening module of the Power of Markets course covers the basic assumptions about market participants made by economists, the concept of opportunity cost, and the key determinants of supply and demand. We will then learn how to use the supply-demand framework to explain and predict market outcomes and to show how government policies affect those market outcomes. We will look at how quantity demanded and supplied respond to their key determinants in quantitative (elasticity) as well as qualitative terms. The last two weeks of the first module will investigate consumer behavior more closely and show how consumer choices are driven by the interplay of preferences and budget constraints. We will employ the consumer choice framework to examine investor choice as well as policies such as ObamaCare and school choice. Finally, we will also address the concept of how to distribute a given amount of goods across a society’s consumers in the most efficient manner....
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建議:3-5 hours/week

完成時間大約為9 小時
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English

字幕:English
Globe

100% 在線課程

立即開始,按照自己的計劃學習。
Calendar

可靈活調整截止日期

根據您的日程表重置截止日期。
Clock

建議:3-5 hours/week

完成時間大約為9 小時
Comment Dots

English

字幕:English

教學大綱 - 您將從這門課程中學到什麼

1

章節
Clock
完成時間為 2 小時

Week 1 - Supply and Demand

Basic Assumptions About Market Participants and the Concept of Opportunity Cost. The Determinants of Demand and Supply....
Reading
9 個視頻(共 71 分鐘), 1 個閱讀材料, 1 個測驗
Video9 個視頻
Some Preliminaries About Microeconomics 9分鐘
Basic Assumptions About Market Participants2分鐘
Opportunity Cost 10分鐘
Sunk Costs/Benefits 10分鐘
Production Possibility Frontier (PPF) 8分鐘
The Determinants of Demand 13分鐘
The Determinants of Supply 7分鐘
Market Equilibrium 3分鐘
Reading1 個閱讀材料
Syllabus10分鐘
Quiz1 個練習
Week 1 Quiz40分鐘

2

章節
Clock
完成時間為 2 小時

Week 2 - Supply and Demand

Using the Supply-Demand Framework to Predict and Explain Market Outcomes as well as to Show the Impacts of Government Intervention. Some Key Elasticities of Demand and Supply....
Reading
8 個視頻(共 86 分鐘), 1 個測驗
Video8 個視頻
Predicting and Explaining Market Outcomes 11分鐘
Government Intervention in Markets: Price Ceilings 15分鐘
Price Elasticity of Demand and it's Relationship to Total Expenditure15分鐘
Calculating and Applying Price Elasticity of Demand9分鐘
Determinants of Elasticity of Demand5分鐘
Three Other Elasticities 5分鐘
Sharpening your Understanding of Price Elasticity of Demand and Supply 10分鐘
Quiz1 個練習
Week 2 Quiz40分鐘

3

章節
Clock
完成時間為 2 小時

Week 3 - Consumer Choice

Explaining Consumer Choice Through Analyzing Consumer Preferences and Budget Constraints....
Reading
9 個視頻(共 74 分鐘), 1 個測驗
Video9 個視頻
Consumer Preferences 9分鐘
Sharpening Your Understanding of Indifference Curves 6分鐘
The Budget Constraint10分鐘
The Consumer’s Optimal Choice 14分鐘
Changes in Income and Consumption Choices6分鐘
Accounting for Altruism 5分鐘
Price Changes and Consumption Choices 8分鐘
From Individual to Market Demand 3分鐘
Quiz1 個練習
Week 3 Quiz40分鐘

4

章節
Clock
完成時間為 2 小時

Week 4 - Consumer Choice and the Benefits of Exchange

Using Consumer Choice Theory to Analyze Investor Choice as well as Policies Such as ObamaCare and School Choice. Promoting Efficiency in the Distribution of Goods....
Reading
9 個視頻(共 67 分鐘), 1 個測驗
Video9 個視頻
The Price-Consumption Curve and Elasticity of Demand 6分鐘
Excise Subsidies - Health Care and Consumer Welfare 9分鐘
Analyzing ObamaCare I 9分鐘
Analyzing ObamaCare II 6分鐘
Analyzing School Choice I 6分鐘
Analyzing School Choice II 6分鐘
Investor Choice 4分鐘
Efficiency in the Distribution of Goods 7分鐘
Quiz1 個練習
Week 4 Quiz40分鐘
4.6
Briefcase

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創建者 AApr 8th 2018

The instructor was very nice. He explained every topic with real world examples which made the course easier to understand and interesting.

創建者 JDJan 27th 2017

This was very help of everything i need to know about managing and dealing with different kinds of real world problems.

講師

Mark Zupan

Professor of Economics and Public Policy
Simon School of Business

關於 University of Rochester

The University of Rochester is one of the nation's leading private universities. Located in Rochester, N.Y., the University provides exceptional opportunities for interdisciplinary study and close collaboration with faculty through its unique cluster-based curriculum. Its College, School of Arts and Sciences, and Hajim School of Engineering and Applied Sciences are complemented by its Eastman School of Music, Simon School of Business, Warner School of Education, Laboratory for Laser Energetics, School of Medicine and Dentistry, School of Nursing, Eastman Institute for Oral Health, and the Memorial Art Gallery....

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  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

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