Microeconomics: The Power of Markets By University of Pennsylvania (Free Online Course): Microeconomics is the study of how individuals, households, and businesses make decisions about allocating resources and how these decisions interact within markets. At its core, microeconomics explores the power of markets to determine the prices of goods and services, allocate resources efficiently, and influence consumer behavior. By understanding key concepts such as supply and demand, market equilibrium, and competition, we gain insights into how economic forces shape the decisions of consumers and firms alike. This introduction to microeconomics highlights the fundamental role of markets in driving economic activity, fostering innovation, and improving overall welfare, laying the groundwork for a deeper exploration of the intricate mechanisms that govern our everyday economic lives.
What You Will Learn?
| Module 1 – The Concept of Scarcity |
| Module 2 – Specialization & Trade |
| Module 3 – Supply and Demand |
| Module 4 – Understanding Markets: Elasticities, Market Surplus, Efficiency, and Equity |
| Module 5 – When Government Intervenes |
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Skills You Will Gain
- Economics
- Microeconomics
- Economic Analysis
- Market (Economics)
Course Enrollment Process
Here are steps on how to enroll in the “Introduction to Cybersecurity Fundamentals” course on Coursera:
- Visit the Course Page: Go to the course page on Coursera.
- Click on “Enroll for Free”: Located on the far-left side under the course title.
- Choose Enrollment Type: Opt for either the “Free Audit” or a paid version for certification.
- Sign In or Register: Log in or create a Coursera account.
- Start Learning: Once enrolled, access the course materials.
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