Delve into the complexities of real markets with the Microeconomics: When Markets Fail course, offered by the University of Pennsylvania. This comprehensive journey through market imperfections and failures equips learners with the knowledge and critical thinking skills needed to understand, analyze, and evaluate market outcomes in the real world. Through a series of engaging modules, you will explore the implications of market imperfections and potential remedies, including antitrust policy, regulation, and government intervention.
Throughout the course, you will examine real-life examples of market imperfections, providing practical relevance to the theoretical concepts explored. By applying economic theory to current events and policy debates, you will gain a deeper understanding of the impact of market imperfections on society and the economy. This course is designed to empower you to think critically and make informed evaluations of market outcomes, preparing you to engage with complex economic issues and contribute to meaningful discussions on market efficiency and failure.
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Microeconomics: When Markets Fail offers a comprehensive exploration of market imperfections, remedies for market failures, and their implications for efficiency. Engage with real-life examples and current events to develop critical thinking skills and evaluate market outcomes.
Costs and Profits + Perfect Competition
Monopoly
Monopoly Continued
Externalities + Public Goods
Asymetric Information and Inequlity
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