The Power of Microeconomics: Economic Principles in the Real World from Coursera

In this course, you will learn all of the major principles of microeconomics normally taught in a quarter or semester course to college undergraduates or MBA students. Perhaps more importantly, you will also learn how to apply these principles to a wide variety of real world situations in both your personal and professional lives. In this way, the Power of Microeconomics will help you prosper in an increasingly competitive environment. Note that this course is a companion to the Power of Macroeconomics. If you take both courses, you will learn all of the major principles normally taught in a year-long introductory economics college course.

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Introduces core microeconomics principles applicable in personal and professional settings

Empowers learners to navigate a competitive environment with economic principles

Taught by Dr. Peter Navarro, an expert in the field

Complements the Power of Macroeconomics for a comprehensive grasp of economics

Serves as an accessible introduction to microeconomics for various audiences

Requires a certain level of mathematical proficiency for full comprehension

Reviews summary

Microeconomics simplified: real-world applications

This course presents the fundamental ideas of microeconomics in a clear, impactful manner that makes them easy to grasp. It goes beyond theory, showing the applicability of these principles in your personal and professional life, empowering you to make informed decisions in an increasingly competitive environment. The engaging presentation style and use of real-world examples make the course both enjoyable and effective.

Provides valuable insights into microeconomics principles.

"I learned and this helps me a lot since this is also relatable to my course"

Engaging instructor makes the learning experience enjoyable.

"The professor is also concise with his presentations."

Explanations are straightforward and simple to understand.

"Very informative and unique course that provided me a great introduction to microeconomic"

"Covers enough topis to have a great introduction to Economics."

Introduces technical terms without thorough explanation, which can be challenging for beginners.

"The content is high density with many technical terms to learn and keep in mind."

Some concepts may need further elaboration for a deeper understanding.

"There were a few things especially with concepts involving the graphs that I wish he would have explained more in depth"

Career center

Learners who complete The Power of Microeconomics: Economic Principles in the Real World will develop knowledge and skills that may be useful to these careers:

Microeconomist

A Microeconomist studies the behavior of individuals and firms in decision-making and the allocation of resources. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which are essential for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which are directly relevant to the work of a Microeconomist.

See salaries and explore the career path for Microeconomist

Financial Analyst

A Financial Analyst uses economic principles to analyze and make recommendations on investments. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which are essential for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which are directly relevant to the work of a Financial Analyst.

See salaries and explore the career path for Financial Analyst

Market Research Analyst

A Market Research Analyst uses economic principles to conduct research on consumer behavior and market trends. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which are essential for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which are directly relevant to the work of a Market Research Analyst.

See salaries and explore the career path for Market Research Analyst

Consultant

A Consultant uses economic principles to advise businesses and organizations on a variety of issues. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which are essential for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which are directly relevant to the work of a Consultant.

See salaries and explore the career path for Consultant

Policy Analyst

A Policy Analyst uses economic principles to analyze and make recommendations on public policy. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which are essential for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which are directly relevant to the work of a Policy Analyst.

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Economist

An Economist uses economic principles to analyze and make recommendations on economic issues. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which are essential for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which are directly relevant to the work of an Economist.

See salaries and explore the career path for Economist

Business Analyst

A Business Analyst uses economic principles to analyze and make recommendations on business decisions. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which are essential for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which are directly relevant to the work of a Business Analyst.

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Data Scientist

A Data Scientist uses economic principles to analyze and interpret data. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which can be helpful for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which can be relevant to the work of a Data Scientist.

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Investment Banker

An Investment Banker uses economic principles to advise companies on mergers and acquisitions, and other financial transactions. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which can be helpful for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which can be relevant to the work of an Investment Banker.

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Venture Capitalist

A Venture Capitalist uses economic principles to invest in early-stage companies. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which can be helpful for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which can be relevant to the work of a Venture Capitalist.

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Marketing Manager

A Marketing Manager uses economic principles to develop and implement marketing campaigns. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which can be helpful for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which can be relevant to the work of a Marketing Manager.

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Product Manager

A Product Manager uses economic principles to develop and manage products. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which can be helpful for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which can be relevant to the work of a Product Manager.

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Strategy Consultant

A Strategy Consultant uses economic principles to advise companies on their business strategies. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which can be helpful for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which can be relevant to the work of a Strategy Consultant.

See salaries and explore the career path for Strategy Consultant

Sales Manager

A Sales Manager uses economic principles to develop and implement sales strategies. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which can be helpful for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which can be relevant to the work of a Sales Manager.

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Academic Researcher

An Academic Researcher uses economic principles to conduct research and publish their findings. This course, The Power of Microeconomics: Economic Principles in the Real World, provides a strong foundation in microeconomic principles, which can be helpful for success in this field. The course covers topics such as supply and demand, market equilibrium, consumer behavior, and firm behavior, all of which can be relevant to the work of an Academic Researcher.

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Microeconomics simplified: real-world applications

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