Об этом курсе

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Прибл. 12 часа на выполнение


Субтитры: Английский, Монгольский

Приобретаемые навыки

ExternalityEconomicsMicroeconomicsMarket (Economics)

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Гибкие сроки

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Прибл. 12 часа на выполнение


Субтитры: Английский, Монгольский

Программа курса: что вы изучите

1 ч. на завершение

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 видео ((всего 45 мин.)), 1 материал для самостоятельного изучения, 3 тестов
20 видео
1.1.1: Defining Profits1мин
1.1.2: Defining Fixed Costs and Variable Costs2мин
1.1.3: Marginal Productivity2мин
1.1.4: Marginal Productivity: Definition1мин
1.1.5: Marginal Cost1мин
1.1.6: Average Cost2мин
1.1.7: Graph of Marginal and Average Cost Curves1мин
1.2.1: Perfect Competition: Definition5мин
1.2.2: Profit Maximization Perfect Competition2мин
1.2.3: Profit Maximization: MR=MC3мин
1.2.4: Profit Maximizations vs. Making Profits2мин
1.2.5: Profit Maximization: The Case of Losses2мин
1.2.6: Perfect Competition: The Firm's Supply Curve REPLACE1мин
1.2.7: Definition of Short Run vs. Long Run1мин
1.3.1: Perfect Competition: Firm Entry When Profits are Positive2мин
1.3.2: Perfect Competition: Firm Entry When Profits are Negative1мин
1.3.3: Perfect Competition: An Efficient Outcome2мин
1.3.4: Perfect Competition: In The Long Run2мин
1.3.5: Perfect Competition: An Efficient Outcome Pt 21мин
1 материал для самостоятельного изучения
Participate in a Purdue Research Project (Optional)10мин
3 практического упражнения
1.1: Costs and Profits10мин
1.2: Perfect Competition: Definition and Output12мин
1.3: Perfect Competition: Implications for Efficiency6мин
1 ч. на завершение


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 видео ((всего 39 мин.)), 2 тестов
13 видео
2.1.2: The Monopoly as a Price Setter2мин
2.1.3 Marginal Revenue vs Price: Numerical Example2мин
2.1.4 Marginal Revenue vs Price: Graphical Example2мин
2.1.5 Marginal Revenue vs Price: Example Using Calculus1мин
2.1.6 Profit Maximization in a Monopoly2мин
2.1.7 Profit Maximization in a Monopoly: Numerical Example4мин
2.2.1 Monopoly vs Perfect Competition6мин
2.2.2 Efficiency loss under a Monopoly2мин
2.2.3 Monopoly vs Perfect Competition: Numerical Example5мин
2.2.4 Monopoly vs Perfect Competition: Example of Dead Weight Loss2мин
2.2.5 Monopoly vs Perfect Competition: Summary1мин
2.2.6 Why do we allow monoplies?3мин
2 практического упражнения
2.1: Monopoly definition8мин
2.2: Monopoly vs. Perfect Competition Numerical example14мин
1 ч. на завершение

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 видео ((всего 39 мин.)), 3 тестов
14 видео
3.1.2 Government Regulation and Antitrust Law2мин
3.1.3 Natural Monopoly: Implications for the Average Total Cost3мин
3.1.4 Natural Monopoly: Graphical Presentation1мин
3.1.5 Natural Monopoly: Profit Maximizing Outcome4мин
3.1.6 Natural Monopoly: Regulation though Marginal Cost Pricing3мин
3.1.7 Natural Monopoly: Regulation though Average Cost Pricing3мин
3.2.1 Price Discrimination: Definition3мин
3.2.2 Price Discrimination: Graphical Example4мин
3.3.1 Monopolistic Competition: Definiton2мин
3.3.2 Monopolistic Competition: Core Results1мин
3.3.3 Monopolistic Competition: Graphical Presentation in the Short Run3мин
3.3.4 Monopolistic Competition: Graphical Presentation in the Long Run1мин
3.3.5 Monopolistic Competition: Mark up and Excess Capacity2мин
3 практического упражнения
3.1: Natural Monopoly14мин
3.2: Price Discriminating Monopoly10мин
3.3 Monopolistic Competition8мин
2 ч. на завершение

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 видео ((всего 52 мин.)), 4 тестов
20 видео
4.1.2: Externalities: Allocative Efficiency: Refresher1мин
4.1.3: Negative Externalities: Implications for Efficiency4мин
4.1.4: Positive Externalities: Implications for Efficiency3мин
4.1.5: The Coase Theorem2мин
4.1.6: Interalizing a Negative Externality via a Per Unit Tax2мин
4.1.7: Interalizing a Positive Externality via a Per Unit Subsidy1мин
4.2.1: Externalities: A Numerical Example2мин
4.2.2: Interalizing a Negative Externality via Tax: A Numerical Example4мин
4.2.3 Government Intervention in the Case of Externalities2мин
4.2.4 Externality: Conclusion1мин
4.3.1 Pure Public Goods: Nonexcludable and Nonrival2мин
4.3.2: Examples of Different Types of Goods4мин
4.3.3: Implications of Nonexcludability2мин
4.3.4: Free Riding1мин
4.3.5: Implications of Nonrivalness1мин
4.4.1: The Role of the Government in Providing Public Goods1мин
4.4.2: Provision of Public Good by the Government2мин
4.4.3: Free Riding as a Prisoners' Dilemma3мин
4.4.4: Public Goods Conclusion1мин
4 практического упражнения
4.1: Externalities10мин
4.2: Solutions to Externalities12мин
4.3: Public Goods10мин
4.4: Solutions to Public Goods10мин
2 ч. на завершение

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 видео ((всего 56 мин.)), 1 материал для самостоятельного изучения, 3 тестов
10 видео
5.1.2 Adverse Selection: Consequences and Solutions3мин
5.1.3 Adverse Selection: A Numerical Example1мин
5.1.4 Adverse Selection: A Numerical Example with Private Information1мин
5.1.5 Adverse Selection: Possible Solutions2мин
5.1.6 Moral Hazard1мин
5.1.7 Moral Hazard: Consequences and Solutions2мин
5.2.1 Inequality19мин
5.2.2 Poverty12мин
5.2.3 Income Redistribution7мин
1 материал для самостоятельного изучения
Self-Regulated Learning in MOOCs Research10мин
3 практического упражнения
5.1: Asymmetric Information16мин
5.2: Poverty and Inequality14мин
Final Exam40мин
Рецензии: 69Chevron Right


начал новую карьеру, пройдя эти курсы


получил значимые преимущества в карьере благодаря этому курсу

Лучшие рецензии

автор: 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.

автор: 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.



Rebecca Stein

Senior Lecturer

О Пенсильванский университет

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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