Perfect markets achieve efficiency: maximizing total surplus generated. But real markets are imperfect. In this course we will explore a set of market imperfections to understand why they fail and to explore possible remedies including as antitrust policy, regulation, government intervention. 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.
Microeconomics: When Markets FailUniversity of Pennsylvania
About this Course
Skills you will gain
- 5 stars80.49%
- 4 stars15.46%
- 3 stars3.51%
- 2 stars0.17%
- 1 star0.35%
TOP REVIEWS FROM MICROECONOMICS: WHEN MARKETS FAIL
The course is best for those who are beginners to Microeconomics. I had no idea of Microeconomics. This course has given me confidence to start my journey to start learning more. Thanks
In the beginning, it started to clear out my basics. As we got closer to the end of the course, it related the theoretical knowledge gained to the practical scenario.
I really appreciated the short form videos and abundant visual examples. I would take MANY more classes on Coursera if it were guaranteed that they would follow this format.
Excellent course by Prof. Stein. One of the best, I have seen. Thanks for such a brilliant course.
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