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The Power of Markets I: The Basics of Supply and Demand and Consumer Behavior
Online
3 WeeksQuick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| INR 2436 | yes | Coursera |
The fees for the course The Power of Markets I: The Basics of Supply and Demand and Consumer Behavior is -
| Head | Amount in INR |
| Certificate Fees | Rs. 2,436 |
The Syllabus
Videos
- Course Materials and General Advice
- Some Preliminaries About Microeconomics
- Basic Assumptions About Market Participants
- Opportunity Cost
- Sunk Costs/Benefits
- Production Possibility Frontier (PPF)
- The Determinants of Demand
- The Determinants of Supply
- Market Equilibrium
Reading
- Syllabus
Assignment
- Week 1 Quiz
Videos
- Intro to Week 2
- Predicting and Explaining Market Outcomes
- Government Intervention in Markets: Price Ceilings
- Price Elasticity of Demand and it's Relationship to Total Expenditure
- Calculating and Applying Price Elasticity of Demand
- Determinants of Elasticity of Demand
- Three Other Elasticities
- Sharpening your Understanding of Price Elasticity of Demand and Supply
Assignment
- Week 2 Quiz
Videos
- Intro to Week 3
- Consumer Preferences
- Sharpening Your Understanding of Indifference Curves
- The Budget Constraint
- The Consumer’s Optimal Choice
- Changes in Income and Consumption Choices
- Accounting for Altruism
- Price Changes and Consumption Choices
- From Individual to Market Demand
Assignment
- Week 3 Quiz
Videos
- Intro and Consumer Surplus
- The Price-Consumption Curve and Elasticity of Demand
- Excise Subsidies - Health Care and Consumer Welfare
- Analyzing ObamaCare I
- Analyzing ObamaCare II
- Analyzing School Choice I
- Analyzing School Choice II
- Investor Choice
- Efficiency in the Distribution of Goods
Assignment
- Week 4 Quiz
Articles
20 Mar'25, 11:54 AM
20 Mar'25, 07:12 AM
24 Mar'22, 10:39 AM
20 Mar'25, 11:54 AM
20 Mar'25, 07:12 AM
24 Mar'22, 10:39 AM