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Learner Reviews & Feedback for Microeconomics: The Power of Markets by University of Pennsylvania

4.7
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1,442 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

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!

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.

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51 - 75 of 292 Reviews for Microeconomics: The Power of Markets

By megha t

Apr 6, 2020

From this course I have received an in depth knowledge about basic concepts of microeconomics and have thoroughly enjoyed the course. I will use these concepts in my further studies.

By Li Y

Dec 23, 2019

Marvelous course design. I like the videos, homework, recommended textbook and extra reading materials. Would be even better if there are more engagement in the discussion session.

By Meenakshi P

Apr 7, 2020

The course was well structured and well delivered.The way each topic was delivered by the instructor, helped beginners like me to get a good understanding of the basics.ThankYou!

By Alexis C

Feb 7, 2021

This course was very informative. It was great how the professor approached the topics by utilizing a building framework to make the topics easily digestible. Highly recommend!

By Jorge C Y

Sep 4, 2019

I had never had a very clear explanation of the basic functions of microeconomics so clear and objective, I am very happy with the course, and with the teacher.

Jorge Cervantes

By Ashna S

Jan 14, 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.

By Borja P O

Jun 12, 2019

The course very complete and very well structured. The teacher explains things with very clear examples.

An excellent course to reinforce the foundations of microeconomics.

By Khalel I K

Jun 11, 2020

an amazing course and amazing lecturer professor Rebecca Stein

, I have learned a lot in this course and thanks a lot for the University of Penn and professor Rebecca Stein

By LIU Y

Apr 10, 2016

Thanks for the professional details of this course. And I think the numerical examples provided by Professor Rebecca give me good understanding about the power of markets.

By Miriam H

May 4, 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.

By Yumao G

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).

By Dele F

Feb 28, 2021

This course did an amazing job of succinctly explaining concepts such as consumer surplus, tax incidence, and dead weight loss with verbal and numerical examples!

By Giorgos T

Jun 4, 2020

Great course! I didn't have a background in Economics or anything related, but the professor is able to explain the concepts in a very simple and clear way!

By Janaka R

Oct 15, 2022

A very good course.Teaching methods are at a very high level.There is a very good level of evaluation methodology.The lecture does a good job of teaching.

By Monique v d B

Apr 6, 2016

Excellent course to get an initial understanding of Micro economics. This course is really well structured and taught excellently by Rebecca and her team.

By Vishnu V R

Feb 25, 2016

Thanks for your efforts to make this course. I had zero knowledge on economics before and I learned a lot in this course within a short period of time.

By Vedant L

Jun 2, 2021

EXCELLENT!Although I had an understanding of some of the concepts from my high school classes, it definitely helped me think more critically.Loved it!

By Yernur

Apr 18, 2020

I honestly liked this course. Everything is explained great and I am particularly amazed by the examples. Also, liked the way Dr. Stein lectured

By Dibyendu L

Jul 25, 2022

The faculty is awesome! But when in doubt, I was confused how to clear it.

But I have no doubt that I learned a lot from this course. Thanks

By Biju A

May 24, 2020

The course was delivered in an excellent manner. Concepts were made very clear without bogging you down too much with the arithmetic of it.

By Suryasree R

Aug 7, 2017

Loved it! The concepts was so simple that I found this once-intimidating topic very enjoyable and I am ready to learn more on the same.

By Anurati M

Feb 1, 2017

Excellent course, even for beginners. The course is very interesting and engaging and the concepts are explained quite comprehensively.

By Dalton H

Jul 18, 2020

Great course, teaching is clear and easy to follow,. If you really study hard and focus on it you can finish the course in two days.

By ARVIND S

Aug 23, 2018

Excellent course. Imparted great knowledge. Loved the videos-short in length but high on expertise. Wish I could teach like that.

By Karim S

Apr 4, 2023

The most amazing online course I've been in great thanks to the instructor and the way of teaching. I really enjoyed the course