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

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

Taught in English

Some content may not be translated

17,580 already enrolled

Course

Gain insight into a topic and learn the fundamentals

Mark Zupan

Instructor: Mark Zupan

4.6

(247 reviews)

Beginner level
No prior experience required
7 hours to complete
3 weeks at 2 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Students will be able to explain basic principles of supply and demand.

  • Students will be able to use supply and demand to predict market outcomes.

  • Students will be able to summarize consumer behavior through individual preferences and budget constraints.

Details to know

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Assessments

4 quizzes

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There are 4 modules in this course

Basic Assumptions About Market Participants and the Concept of Opportunity Cost. The Determinants of Demand and Supply.

What's included

9 videos1 reading1 quiz

Using the Supply-Demand Framework to Predict and Explain Market Outcomes as well as to Show the Impacts of Government Intervention. Some Key Elasticities of Demand and Supply.

What's included

8 videos1 quiz

Explaining Consumer Choice Through Analyzing Consumer Preferences and Budget Constraints.

What's included

9 videos1 quiz

Using Consumer Choice Theory to Analyze Investor Choice as well as Policies Such as ObamaCare and School Choice. Promoting Efficiency in the Distribution of Goods.

What's included

9 videos1 quiz

Instructor

Instructor ratings
4.4 (27 ratings)
Mark Zupan
University of Rochester
3 Courses22,961 learners

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4.6

247 reviews

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5

Reviewed on Dec 22, 2022

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5

Reviewed on Sep 25, 2020

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5

Reviewed on Oct 6, 2018

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