Microeconomics: When Markets Fail
Instructor: Rebecca Stein
Skills you'll gain
There are 5 modules in this 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.
Monopoly
Monopoly Continued
Externalities + Public Goods
Asymetric Information and Inequlity
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