Enroll Course: https://www.coursera.org/learn/market-power
If you’re interested in understanding how markets operate and the fundamental economic principles that influence everyday transactions, ‘The Power of Markets I: The Basics of Supply and Demand and Consumer Behavior’ offered by Coursera is an excellent starting point. This course provides a comprehensive introduction to key concepts such as supply, demand, opportunity cost, and consumer choice, making complex ideas accessible even for beginners.
The course is structured into four engaging weeks, beginning with the basics of supply and demand and progressing to the analysis of consumer preferences and government intervention. Each week combines theoretical insights with practical applications, such as explaining market outcomes and analyzing policies like ObamaCare and school choice.
What sets this course apart is its focus on using the supply-demand framework to predict market behavior and understand policy impacts. The inclusion of elasticity concepts helps learners grasp how sensitive quantity demanded or supplied is to price changes, an essential tool for analyzing market dynamics.
I highly recommend this course for students, professionals, or anyone curious about economics. It provides a solid foundation that will enhance your understanding of market processes and improve your ability to analyze economic policies. Whether you’re looking to advance your career or simply satisfy your curiosity, this course is an invaluable resource.
Enroll Course: https://www.coursera.org/learn/market-power