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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 2436yesCoursera

The fees for the course The Power of Markets I: The Basics of Supply and Demand and Consumer Behavior is -

HeadAmount in INR
Certificate FeesRs. 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

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