Informações sobre o curso
6,189 visualizações recentes

100% online

Comece imediatamente e aprenda em seu próprio cronograma.

Prazos flexíveis

Redefinir os prazos de acordo com sua programação.

Aprox. 12 horas para completar

Inglês

Legendas: Inglês, Mongolian

Habilidades que você terá

ExternalityEconomicsMicroeconomicsMarket (Economics)

100% online

Comece imediatamente e aprenda em seu próprio cronograma.

Prazos flexíveis

Redefinir os prazos de acordo com sua programação.

Aprox. 12 horas para completar

Inglês

Legendas: Inglês, Mongolian

Programa - O que você aprenderá com este curso

Semana
1
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.

...
20 vídeos ((Total 45 mín.)), 1 leitura, 3 testes
20 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
1 leituras
Participate in a Purdue Research Project (Optional)10min
3 exercícios práticos
1.1: Costs and Profits10min
1.2: Perfect Competition: Definition and Output12min
1.3: Perfect Competition: Implications for Efficiency6min
Semana
2
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.

...
13 vídeos ((Total 39 mín.)), 2 testes
13 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
2 exercícios práticos
2.1: Monopoly definition8min
2.2: Monopoly vs. Perfect Competition Numerical example14min
Semana
3
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.

...
14 vídeos ((Total 39 mín.)), 3 testes
14 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
3 exercícios práticos
3.1: Natural Monopoly14min
3.2: Price Discriminating Monopoly10min
3.3 Monopolistic Competition8min
Semana
4
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.

...
20 vídeos ((Total 52 mín.)), 4 testes
20 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
4 exercícios práticos
4.1: Externalities10min
4.2: Solutions to Externalities12min
4.3: Public Goods10min
4.4: Solutions to Public Goods10min
Semana
5
2 horas para concluir

Asymetric Information and Inequlity

Up to this point we assumed that there is full information in the market. We are now ready to relax this assumption as we introduce the concepts of moral hazard and adverse selection. We learn that asymmetric information may lead to market failure and we discuss some remedies. The last segment in the course is a reminder that besides efficiency, equity is also a criteria we all care about. A short introduction will explore how economist measure poverty and inequality.

...
10 vídeos ((Total 56 mín.)), 1 leitura, 3 testes
10 videos
5.1.2 Adverse Selection: Consequences and Solutions3min
5.1.3 Adverse Selection: A Numerical Example1min
5.1.4 Adverse Selection: A Numerical Example with Private Information1min
5.1.5 Adverse Selection: Possible Solutions2min
5.1.6 Moral Hazard1min
5.1.7 Moral Hazard: Consequences and Solutions2min
5.2.1 Inequality19min
5.2.2 Poverty12min
5.2.3 Income Redistribution7min
1 leituras
Self-Regulated Learning in MOOCs Research10min
3 exercícios práticos
5.1: Asymmetric Information16min
5.2: Poverty and Inequality14min
Final Exam40min
4.8
69 avaliaçõesChevron Right

50%

comecei uma nova carreira após concluir estes cursos

17%

consegui um benefício significativo de carreira com este curso

Principais avaliações do Microeconomics: When Markets Fail

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 Universidade da Pensilvânia

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. ...

Perguntas Frequentes – FAQ

  • Ao se inscrever para um Certificado, você terá acesso a todos os vídeos, testes e tarefas de programação (se aplicável). Tarefas avaliadas pelos colegas apenas podem ser enviadas e avaliadas após o início da sessão. Caso escolha explorar o curso sem adquiri-lo, talvez você não consiga acessar certas tarefas.

  • Quando você adquire o Certificado, ganha acesso a todo o material do curso, incluindo avaliações com nota atribuída. Após concluir o curso, seu Certificado eletrônico será adicionado à sua página de Participações e você poderá imprimi-lo ou adicioná-lo ao seu perfil no LinkedIn. Se quiser apenas ler e assistir o conteúdo do curso, você poderá frequentá-lo como ouvinte sem custo.

Mais dúvidas? Visite o Central de Ajuda ao Aprendiz.