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Microeconomics: When Markets Fail
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Microeconomics: When Markets Fail

Learn about market imperfections, explore remedies, and apply theory to current events in this comprehensive microeconomics course.

Course Cost

₹ 2,699

Beginner

Skill Level

10 Hours

Self-paced lessons

This course delves into market imperfections and their remedies, exploring why real markets fail to achieve perfect efficiency. Students will examine various market structures, including monopolies and cases of asymmetric information, and analyze their impacts on economic outcomes. The course covers key concepts such as externalities, public goods, and inequality, providing a comprehensive understanding of when and why markets fail. Through weekly exercises, learners will apply economic theory to current events and policy debates, developing critical thinking skills to evaluate market outcomes. The curriculum is designed to empower students with the knowledge to understand, analyze, and critique real-world economic situations, making it valuable for those interested in economics, policy-making, and business strategy.

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4.8

38,886 Enrolled

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English

Powered by

Provider Logo
olive-leaves-logo

4.8

38,886 Enrolled

olive-leaves-logo

English

What you'll learn

  • Understand the concept of market failure and its implications for economic efficiency

  • Analyze different market structures including perfect competition, monopoly, and monopolistic competition

  • Explore externalities and public goods, and their impact on market outcomes

  • Examine the effects of asymmetric information on market efficiency

  • Learn about inequality and poverty measurement in economic contexts

  • Apply microeconomic theories to current events and policy debates

  • Develop critical thinking skills to evaluate real-world market outcomes

Skills you'll gain

Externality
Economics
Microeconomics
Market (Economics)
Perfect Competition
Monopoly
Price Discrimination
Public Goods
Asymmetric Information
Inequality

This course includes:

217 Minutes PreRecorded video

15 assignments

Access on Mobile, Tablet, Desktop

FullTime access

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There are 5 modules in this course

This course offers a comprehensive exploration of market imperfections in microeconomics. Students will learn about various market structures, including perfect competition, monopolies, and monopolistic competition. The curriculum covers key concepts such as externalities, public goods, and asymmetric information, providing insights into why markets fail and potential remedies. The course also touches on inequality and poverty measurement, offering a well-rounded view of microeconomic challenges. Through practical examples and weekly exercises, learners will apply economic theory to real-world scenarios, developing critical thinking skills to analyze and evaluate market outcomes.

Costs and Profits + Perfect Competition

Module 1 · 2 Hours to complete

Monopoly

Module 2 · 1 Hours to complete

Monopoly Continued

Module 3 · 2 Hours to complete

Externalities + Public Goods

Module 4 · 3 Hours to complete

Asymmetric Information and Inequality

Module 5 · 2 Hours to complete

Fee Structure

Payment options

Financial Aid

Reviews

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Faculties

These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.

Microeconomics: When Markets Fail

Beginner

Skill Level

10 Hours

Self-paced lessons

Course Cost

₹ 2,699

Completion

CERTIFICATE

Frequently asked Questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.