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The Power of Microeconomics: Economic Principles in the Real World

University of California, Irvine via Coursera

students interested
  • Provider Coursera
  • Subject Economics
  • $ Cost Free Online Course (Audit)
  • Session Upcoming
  • Language English
  • Certificate Paid Certificate Available
  • Effort 2-4 hours a week
  • Start Date
  • Duration 13 weeks long

Taken this course? Share your experience with other students. Write review

Overview

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In this course, you will learn all of the major principles of microeconomics normally taught in a quarter or semester course to college undergraduates or MBA students.

Perhaps more importantly, you will also learn how to apply these principles to a wide variety of real world situations in both your personal and professional lives. In this way, the Power of Microeconomics will help you prosper in an increasingly competitive environment.

Note that this course is a companion to the Power of Macroeconomics. If you take both courses, you will learn all of the major principles normally taught in a year-long introductory economics college course.

Syllabus

Welcome


An Introduction to Microeconomics


Supply, Demand and Equilibrium


Demand and Consumer Behavior


Supply and Production Theory


Perfect Competition


Monopoly and Monopolistic Competition


Oligopoly and Strategic Behavior


Land and Rent


The Labor Market and Wage Determination


The Capital Market, Interest, and Profits


Public Goods and Externalities


Final Exam


Taught by

Peter Navarro

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Reviews for Coursera's The Power of Microeconomics: Economic Principles in the Real World
4.3 Based on 6 reviews

  • 5 stars 33%
  • 4 stars 67%
  • 3 star 0%
  • 2 star 0%
  • 1 star 0%

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  • 1
Jamal B
4.0 4 years ago
by Jamal is taking this course right now.
I am a retired engineer and taking the course to learn something about Macroeconomics and "what makes the world turns." I am on Module-8 now. It is fast pace and very rich course. The content is high density with many technical terms to learn and keep in mind. Abbreviations of these terms add to the complexity of the content. I am learning a lot from the course, much more than I expected. It is not easy but I find it very useful.

Is there a set of notes for the course, references, literature recommended?
4 people found
this review helpful
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Anonymous C
4.0 4 years ago
by Anonymous completed this course, spending 4 hours a week on it and found the course difficulty to be medium.
A nice overview of economics. There is a series of questions for each lecture that helps students keep pace with material as it's presented on video. This class is a good springboard for other business classes such as finance and accounting.
1 person found
this review helpful
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Jon M
4.0 11 months ago
by Jon audited this course.
Really useful and brief.

Doctor Peter Navarro has made a great job doing this resume of economics.

Even though it might not be useful in your daily life, having a broad view of what micro economics is would be helpful.

Totally recommended.
Was this review helpful to you? Yes
Sodgerel S
5.0 4 months ago
Sodgerel is taking this course right now.
A nice overview of economics. A wonderful course, excellently delivered. Professor Bushee has clearly invested a significant amount of time developing the course, and it shows from the first video to the last
Was this review helpful to you? Yes
Hamed W
4.0 3 years ago
Hamed is taking this course right now.
Was this review helpful to you? Yes
Nico G
5.0 3 years ago
by Nico completed this course.
Was this review helpful to you? Yes
  • 1

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