About this Course
4.8
284개의 평가
69개의 리뷰

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지금 바로 시작해 나만의 일정에 따라 학습을 진행하세요.

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영어

자막: 영어, 몽골어

귀하가 습득할 기술

ExternalityEconomicsMicroeconomicsMarket (Economics)

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지금 바로 시작해 나만의 일정에 따라 학습을 진행하세요.

탄력적인 마감일

일정에 따라 마감일을 재설정합니다.

완료하는 데 약 12시간 필요

영어

자막: 영어, 몽골어

강의 계획 - 이 강좌에서 배울 내용

1
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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 videos (Total 45 min), 1 reading, 3 quizzes
20개의 동영상
1.1.1: Defining Profits1m
1.1.2: Defining Fixed Costs and Variable Costs2m
1.1.3: Marginal Productivity2m
1.1.4: Marginal Productivity: Definition1m
1.1.5: Marginal Cost1m
1.1.6: Average Cost2m
1.1.7: Graph of Marginal and Average Cost Curves1m
1.2.1: Perfect Competition: Definition5m
1.2.2: Profit Maximization Perfect Competition2m
1.2.3: Profit Maximization: MR=MC3m
1.2.4: Profit Maximizations vs. Making Profits2m
1.2.5: Profit Maximization: The Case of Losses2m
1.2.6: Perfect Competition: The Firm's Supply Curve REPLACE1m
1.2.7: Definition of Short Run vs. Long Run1m
1.3.1: Perfect Competition: Firm Entry When Profits are Positive2m
1.3.2: Perfect Competition: Firm Entry When Profits are Negative1m
1.3.3: Perfect Competition: An Efficient Outcome2m
1.3.4: Perfect Competition: In The Long Run2m
1.3.5: Perfect Competition: An Efficient Outcome Pt 21m
1개의 읽기 자료
Participate in a Purdue Research Project (Optional)10m
3개 연습문제
1.1: Costs and Profits10m
1.2: Perfect Competition: Definition and Output12m
1.3: Perfect Competition: Implications for Efficiency6m
2
완료하는 데 1시간 필요

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 videos (Total 39 min), 2 quizzes
13개의 동영상
2.1.2: The Monopoly as a Price Setter2m
2.1.3 Marginal Revenue vs Price: Numerical Example2m
2.1.4 Marginal Revenue vs Price: Graphical Example2m
2.1.5 Marginal Revenue vs Price: Example Using Calculus1m
2.1.6 Profit Maximization in a Monopoly2m
2.1.7 Profit Maximization in a Monopoly: Numerical Example4m
2.2.1 Monopoly vs Perfect Competition6m
2.2.2 Efficiency loss under a Monopoly2m
2.2.3 Monopoly vs Perfect Competition: Numerical Example5m
2.2.4 Monopoly vs Perfect Competition: Example of Dead Weight Loss2m
2.2.5 Monopoly vs Perfect Competition: Summary1m
2.2.6 Why do we allow monoplies?3m
2개 연습문제
2.1: Monopoly definition8m
2.2: Monopoly vs. Perfect Competition Numerical example14m
3
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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 videos (Total 39 min), 3 quizzes
14개의 동영상
3.1.2 Government Regulation and Antitrust Law2m
3.1.3 Natural Monopoly: Implications for the Average Total Cost3m
3.1.4 Natural Monopoly: Graphical Presentation1m
3.1.5 Natural Monopoly: Profit Maximizing Outcome4m
3.1.6 Natural Monopoly: Regulation though Marginal Cost Pricing3m
3.1.7 Natural Monopoly: Regulation though Average Cost Pricing3m
3.2.1 Price Discrimination: Definition3m
3.2.2 Price Discrimination: Graphical Example4m
3.3.1 Monopolistic Competition: Definiton2m
3.3.2 Monopolistic Competition: Core Results1m
3.3.3 Monopolistic Competition: Graphical Presentation in the Short Run3m
3.3.4 Monopolistic Competition: Graphical Presentation in the Long Run1m
3.3.5 Monopolistic Competition: Mark up and Excess Capacity2m
3개 연습문제
3.1: Natural Monopoly14m
3.2: Price Discriminating Monopoly10m
3.3 Monopolistic Competition8m
4
완료하는 데 2시간 필요

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 videos (Total 52 min), 4 quizzes
20개의 동영상
4.1.2: Externalities: Allocative Efficiency: Refresher1m
4.1.3: Negative Externalities: Implications for Efficiency4m
4.1.4: Positive Externalities: Implications for Efficiency3m
4.1.5: The Coase Theorem2m
4.1.6: Interalizing a Negative Externality via a Per Unit Tax2m
4.1.7: Interalizing a Positive Externality via a Per Unit Subsidy1m
4.2.1: Externalities: A Numerical Example2m
4.2.2: Interalizing a Negative Externality via Tax: A Numerical Example4m
4.2.3 Government Intervention in the Case of Externalities2m
4.2.4 Externality: Conclusion1m
4.3.1 Pure Public Goods: Nonexcludable and Nonrival2m
4.3.2: Examples of Different Types of Goods4m
4.3.3: Implications of Nonexcludability2m
4.3.4: Free Riding1m
4.3.5: Implications of Nonrivalness1m
4.4.1: The Role of the Government in Providing Public Goods1m
4.4.2: Provision of Public Good by the Government2m
4.4.3: Free Riding as a Prisoners' Dilemma3m
4.4.4: Public Goods Conclusion1m
4개 연습문제
4.1: Externalities10m
4.2: Solutions to Externalities12m
4.3: Public Goods10m
4.4: Solutions to Public Goods10m
5
완료하는 데 2시간 필요

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 videos (Total 56 min), 1 reading, 3 quizzes
10개의 동영상
5.1.2 Adverse Selection: Consequences and Solutions3m
5.1.3 Adverse Selection: A Numerical Example1m
5.1.4 Adverse Selection: A Numerical Example with Private Information1m
5.1.5 Adverse Selection: Possible Solutions2m
5.1.6 Moral Hazard1m
5.1.7 Moral Hazard: Consequences and Solutions2m
5.2.1 Inequality19m
5.2.2 Poverty12m
5.2.3 Income Redistribution7m
1개의 읽기 자료
Self-Regulated Learning in MOOCs Research10m
3개 연습문제
5.1: Asymmetric Information16m
5.2: Poverty and Inequality14m
Final Exam40m
4.8
69개의 리뷰Chevron Right

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최상위 리뷰

대학: 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.

대학: 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.

강사

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Rebecca Stein

Senior Lecturer
Economics

펜실베이니아 대학교 정보

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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  • 수료증을 구매하면 성적 평가 과제를 포함한 모든 강좌 자료에 접근할 수 있습니다. 강좌를 완료하면 전자 수료증이 성취도 페이지에 추가되며, 해당 페이지에서 수료증을 인쇄하거나 LinkedIn 프로필에 수료증을 추가할 수 있습니다. 강좌 콘텐츠만 읽고 살펴보려면 해당 강좌를 무료로 청강할 수 있습니다.

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