Informações sobre o curso
4.8
250 classificações
61 avaliações
100% online

100% online

Comece imediatamente e aprenda em seu próprio cronograma.
Prazos flexíveis

Prazos flexíveis

Redefinir os prazos de acordo com sua programação.
Horas para completar

Aprox. 12 horas para completar

Sugerido: 6 hours/week...
Idiomas disponíveis

Inglês

Legendas: Inglês, Mongolian...

Habilidades que você terá

ExternalityEconomicsMicroeconomicsMarket (Economics)
100% online

100% online

Comece imediatamente e aprenda em seu próprio cronograma.
Prazos flexíveis

Prazos flexíveis

Redefinir os prazos de acordo com sua programação.
Horas para completar

Aprox. 12 horas para completar

Sugerido: 6 hours/week...
Idiomas disponíveis

Inglês

Legendas: Inglês, Mongolian...

Programa - O que você aprenderá com este curso

Semana
1
Horas para completar
1 hora para concluir

Costs and Profits + Perfect Competition

In the first part of the course we learnt that if we allow market forces to work we reach an efficient outcome: the maximum benefit that can be generated by a market. The second part of the course explores cases where the markets fail to accomplish our goals. This week sets up the benchmark case of the perfectly competitive market: a model we will modify in the next few weeks. We define Perfect Competition, learn to model it graphically and discuss some key results in terms of long run profits and implications for efficiency....
Reading
20 vídeos (Total de 45 min), 1 leitura, 3 testes
Video20 videos
1.1.1: Defining Profits1min
1.1.2: Defining Fixed Costs and Variable Costs2min
1.1.3: Marginal Productivity2min
1.1.4: Marginal Productivity: Definition1min
1.1.5: Marginal Cost1min
1.1.6: Average Cost2min
1.1.7: Graph of Marginal and Average Cost Curves1min
1.2.1: Perfect Competition: Definition5min
1.2.2: Profit Maximization Perfect Competition2min
1.2.3: Profit Maximization: MR=MC3min
1.2.4: Profit Maximizations vs. Making Profits2min
1.2.5: Profit Maximization: The Case of Losses2min
1.2.6: Perfect Competition: The Firm's Supply Curve REPLACE1min
1.2.7: Definition of Short Run vs. Long Run1min
1.3.1: Perfect Competition: Firm Entry When Profits are Positive2min
1.3.2: Perfect Competition: Firm Entry When Profits are Negative1min
1.3.3: Perfect Competition: An Efficient Outcome2min
1.3.4: Perfect Competition: In The Long Run2min
1.3.5: Perfect Competition: An Efficient Outcome Pt 21min
Reading1 leituras
Participate in a Purdue Research Project (Optional)10min
Quiz3 exercícios práticos
1.1: Costs and Profits10min
1.2: Perfect Competition: Definition and Output12min
1.3: Perfect Competition: Implications for Efficiency6min
Semana
2
Horas para completar
1 hora para concluir

Monopoly

A monopoly is a case where there is only one firm in the market. We will define and model this case and explain why market power is good for the firm, bad for consumers. We will also show that society as a whole suffers from the lack of competition....
Reading
13 vídeos (Total de 39 min), 2 testes
Video13 videos
2.1.2: The Monopoly as a Price Setter2min
2.1.3 Marginal Revenue vs Price: Numerical Example2min
2.1.4 Marginal Revenue vs Price: Graphical Example2min
2.1.5 Marginal Revenue vs Price: Example Using Calculus1min
2.1.6 Profit Maximization in a Monopoly2min
2.1.7 Profit Maximization in a Monopoly: Numerical Example4min
2.2.1 Monopoly vs Perfect Competition6min
2.2.2 Efficiency loss under a Monopoly2min
2.2.3 Monopoly vs Perfect Competition: Numerical Example5min
2.2.4 Monopoly vs Perfect Competition: Example of Dead Weight Loss2min
2.2.5 Monopoly vs Perfect Competition: Summary1min
2.2.6 Why do we allow monoplies?3min
Quiz2 exercícios práticos
2.1: Monopoly definition8min
2.2: Monopoly vs. Perfect Competition Numerical example14min
Semana
3
Horas para completar
1 hora para concluir

Monopoly Continued

Monopolies come in various types: one price monopoly, natural monopoly, price discrimination and monopolistic competition. This week we will expand the basic monopoly model to cover these cases and then explore market outcomes in each case. We will also discuss how government may intervene in such cases to benefit society as a whole and increase the surplus generated by the market....
Reading
14 vídeos (Total de 39 min), 3 testes
Video14 videos
3.1.2 Government Regulation and Antitrust Law2min
3.1.3 Natural Monopoly: Implications for the Average Total Cost3min
3.1.4 Natural Monopoly: Graphical Presentation1min
3.1.5 Natural Monopoly: Profit Maximizing Outcome4min
3.1.6 Natural Monopoly: Regulation though Marginal Cost Pricing3min
3.1.7 Natural Monopoly: Regulation though Average Cost Pricing3min
3.2.1 Price Discrimination: Definition3min
3.2.2 Price Discrimination: Graphical Example4min
3.3.1 Monopolistic Competition: Definiton2min
3.3.2 Monopolistic Competition: Core Results1min
3.3.3 Monopolistic Competition: Graphical Presentation in the Short Run3min
3.3.4 Monopolistic Competition: Graphical Presentation in the Long Run1min
3.3.5 Monopolistic Competition: Mark up and Excess Capacity2min
Quiz3 exercícios práticos
3.1: Natural Monopoly14min
3.2: Price Discriminating Monopoly10min
3.3 Monopolistic Competition8min
Semana
4
Horas para completar
2 horas para concluir

Externalities + Public Goods

Two classic cases of market failure will be defined and explored: externalities and public goods. We will define each case, demonstrate why the market fails to provide the efficient outcome and suggest interventions through either marked design or regulation....
Reading
20 vídeos (Total de 52 min), 4 testes
Video20 videos
4.1.2: Externalities: Allocative Efficiency: Refresher1min
4.1.3: Negative Externalities: Implications for Efficiency4min
4.1.4: Positive Externalities: Implications for Efficiency3min
4.1.5: The Coase Theorem2min
4.1.6: Interalizing a Negative Externality via a Per Unit Tax2min
4.1.7: Interalizing a Positive Externality via a Per Unit Subsidy1min
4.2.1: Externalities: A Numerical Example2min
4.2.2: Interalizing a Negative Externality via Tax: A Numerical Example4min
4.2.3 Government Intervention in the Case of Externalities2min
4.2.4 Externality: Conclusion1min
4.3.1 Pure Public Goods: Nonexcludable and Nonrival2min
4.3.2: Examples of Different Types of Goods4min
4.3.3: Implications of Nonexcludability2min
4.3.4: Free Riding1min
4.3.5: Implications of Nonrivalness1min
4.4.1: The Role of the Government in Providing Public Goods1min
4.4.2: Provision of Public Good by the Government2min
4.4.3: Free Riding as a Prisoners' Dilemma3min
4.4.4: Public Goods Conclusion1min
Quiz4 exercícios práticos
4.1: Externalities10min
4.2: Solutions to Externalities12min
4.3: Public Goods10min
4.4: Solutions to Public Goods10min
4.8
Benefício de carreira

83%

consegui um benefício significativo de carreira com este curso

Melhores avaliações

por JRJan 14th 2018

Great and relevant content, presented in an interesting and easy way; allowing the student to go through the video materials in an individual pace and thus optimize the study sessions.

por NPAug 12th 2018

I really appreciated the short form videos and abundant visual examples. I would take MANY more classes on Coursera if it were guaranteed that they would follow this format.

Instrutores

Avatar

Rebecca Stein

Senior Lecturer
Economics

Sobre University of Pennsylvania

The University of Pennsylvania (commonly referred to as Penn) is a private university, located in Philadelphia, Pennsylvania, United States. A member of the Ivy League, Penn is the fourth-oldest institution of higher education in the United States, and considers itself to be the first university in the United States with both undergraduate and graduate studies. ...

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