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University of Rochester

The Power of Markets I: The Basics of Supply and Demand and Consumer Behavior

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.

状态:Market Analysis
状态:Investment Management
初级课程小时

精选评论

AC

5.0评论日期:Dec 22, 2022

This course was both a quality course for introduction into microeconomics and also surprisingly fun.

P

5.0评论日期:Dec 3, 2022

This course is intersting one improves our knowledge

RR

5.0评论日期:May 16, 2020

its an awesome experience by learning through coursera and it helps me a lot nd by soving quiz it give me a satisfaction result

AM

5.0评论日期:Oct 17, 2022

R​eally it was nice course to learn from this platform. It helped me a lot in my professional carrier.

AJ

5.0评论日期:Oct 6, 2018

it is a very good course. i understand many things on demand and supply and different curves . thank you...........

DC

5.0评论日期:Mar 22, 2023

Excellent course. Great lectures. Textbook it is based on is first rate.

DS

5.0评论日期:Sep 25, 2020

in this course i have learn lot of thinking related to microeconomics .very good facuilty

AD

4.0评论日期:Sep 30, 2020

this is basic ,i read and i saw some particular basic of economy isn't here

TN

5.0评论日期:Mar 27, 2025

It was easy, and helpful for me, a beginning. Thank you very much for this course, much appropriation.

JD

5.0评论日期:Jan 26, 2017

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

AD

5.0评论日期:Jun 7, 2020

It was a wonderful experience, how the concept of economics is related in day-to-day activities is told in a conceptual manner. It was a great time learning the concepts.

A

5.0评论日期:Apr 7, 2018

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

所有审阅

显示:20/49

James dehijar
5.0
评论日期:Jan 27, 2017
Felipe Orlando Gabriel Chávez Bustamante
5.0
评论日期:Sep 19, 2016
Abolaji Adesoji
5.0
评论日期:Dec 18, 2017
5.0
评论日期:Jun 21, 2016
HIROAKI
5.0
评论日期:Jan 4, 2016
Wei Zhu
5.0
评论日期:Sep 1, 2019
Arvind Darshna
5.0
评论日期:Jun 7, 2020
Armaan
5.0
评论日期:Apr 8, 2018
ROSHAN RAJ
5.0
评论日期:May 17, 2020
ANURAG JAIN
5.0
评论日期:Oct 7, 2018
Tinyiko Nkosi
5.0
评论日期:Mar 28, 2025
Abdul Manan
5.0
评论日期:Oct 18, 2022
Alexander Csorba
5.0
评论日期:Dec 23, 2022
DHARMENDRA SAINI
5.0
评论日期:Sep 26, 2020
Sergienko Alisa
5.0
评论日期:Apr 14, 2020
Daniel T. Casey
5.0
评论日期:Mar 23, 2023
Mario Josue Cunningham Matamoros
5.0
评论日期:Mar 12, 2019
Roman Bastow
5.0
评论日期:Apr 19, 2017
Pranav Gorijavolu 22110725104
5.0
评论日期:Dec 3, 2022
Alpesh Leua
5.0
评论日期:Sep 25, 2020