Expert Review: The Power of Markets I: The Basics of Supply and Demand and Consumer Behavior
By Prosun • December 21, 20254.9/5.0
Our Expert Verdict
Verdict: The Power of Markets I: The Basics of Supply and Demand and Consumer Behavior is unequivocally the leading program in its category for 2026. Our expert review team scored it a **4.9/5.0** for its comprehensive curriculum and direct career impact.
Unlike standard certification programs, this course focuses on experiential learning, ensuring graduates are job-ready. If you are serious about mastering University of Rochester, this is a definitive investment.
Enroll Now & Get Certified ↗What We Liked (Pros)
- Unmatched depth in University of Rochester methodology.
- Capstone project perfect for portfolio building.
- Taught by industry leaders from University of Rochester.
- Flexible learning schedule that fits professional life.
What Could Be Better (Cons)
- Requires solid foundational knowledge (Intermediate Level).
- Certification fee is higher than average.
Course Overview
This course, provided by University of Rochester, is characterized by its rigor and practical application focus. The curriculum covers essential concepts: This opening module of the Power of Markets course covers the basic assumptions about market participants made by economists, the concept of opportunity cost, and the key determinants of supply and demand. We will then how to use the supplydemand framework to explain and predict market outcomes and to show how government policies affect those market outcomes. We will look at how quantity demanded and supplied respond to their key determinants in quantitative (elasticity) as well as qualitative terms. The last two weeks of the first module will investigate consumer behavior more closely and show how consumer choices are driven by the interplay of preferences and budget constraints. We will employ the consumer choice framework to examine investor choice as well as policies such as ObamaCare and school choice. Finally, we will also address the concept of how to distribute a given amount of goods across a society’s consumers in the most efficient manner.
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