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Back to Microeconomics: When Markets Fail

Learner Reviews & Feedback for Microeconomics: When Markets Fail by University of Pennsylvania

4.8
stars
656 ratings

About the Course

Perfect markets achieve efficiency: maximizing total surplus generated. But real markets are imperfect. In this course we will explore a set of market imperfections to understand why they fail and to explore possible remedies including as antitrust policy, regulation, government intervention. Examples are taken from everyday life, from goods and services that we all purchase and use. We will apply the theory to current events and policy debates through weekly exercises. These will empower you to be an educated, critical thinker who can understand, analyze and evaluate market outcomes....

Top reviews

AL

Mar 20, 2025

Excellent coverage of market failures, including monopoly, externalities, adverse selection, and moral hazard.

BD

Jan 24, 2022

Excellent course by Prof. Stein. One of the best, I have seen. Thanks for such a brilliant course.

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126 - 136 of 136 Reviews for Microeconomics: When Markets Fail

By Akashkumar M P

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May 6, 2020

good it provide you real situation of real world and how market work

By Matthew O

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May 5, 2020

The Course content is rich and the delivery is simply yet advanced.

By Rajni K S

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Dec 2, 2016

An excellent to understand basics of Microeconomics.

By Ramón A F P

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Aug 25, 2024

Muy buen curso y recomendable.

By NALLAMILLI S S R 1

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Mar 14, 2021

talapranam tokaki ochindi

By TEJA Y

•

Mar 17, 2021

nice

By 蔡銪峰

•

Mar 31, 2019

good

By Margita M

•

Oct 17, 2023

ok

By Eda E

•

Mar 10, 2024

Some sections were glitchy - the system constantly displayed 0 progress even when I was done with the course. Some questions has grammatical errors, some made no sense, some had unreasonable answers. Other than that, it was pretty well organized.

By Lucia A G

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Jun 20, 2022

TODO FUE EN INGLES, Y NO TENIA TRADUCTOR EN ESPAÑOL

By Konstantin G

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Oct 19, 2025

way too wattered down and irrelevant