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返回到 Firm Level Economics: Consumer and Producer Behavior

學生對 伊利诺伊大学香槟分校 提供的 Firm Level Economics: Consumer and Producer Behavior 的評價和反饋

4.8
2,047 個評分
497 條評論

課程概述

All goods and services are subject to scarcity at some level. Scarcity means that society must develop some allocation mechanism – rules to determine who gets what. Over recorded history, these allocation rules were usually command based – the king or the emperor would decide. In contemporary times, most countries have turned to market based allocation systems. In markets, prices act as rationing devices, encouraging or discouraging production and encouraging or discouraging consumption in such a way as to find an equilibrium allocation of resources. We will construct demand curves to capture consumer behavior and supply curves to capture producer behavior. The resulting equilibrium price “rations” the scarce commodity. Markets are frequent targets of government intervention. This intervention can be direct control of prices or it could be indirect price pressure through the imposition of taxes or subsidies. Both forms of intervention are impacted by elasticity of demand. After this course, you will be able to: • Describe consumer behavior as captured by the demand curve. • Describe producer behavior as captured by the supply curve. • Explain equilibrium in a market. • Explain the impact of taxes and price controls on market equilibrium. • Explain elasticity of demand. • Describe cost theory and how firms optimize given the constraints of their own costs and an exogenously given price. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu....

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KS
2019年9月11日

This was awesome. I did not know Firm Level Economics when I joined this course. The explanations were simple and Prof DeBrock explained really difficult concepts in a very easy to understand manner.

FP
2017年5月12日

In the beginning I thought this was going to be a very basic course, but the way the professor explained the topics really make it interesting a practical, going beyond the classical economic theory.

篩選依據:

176 - Firm Level Economics: Consumer and Producer Behavior 的 200 個評論(共 488 個)

創建者 Andreas A

2018年1月18日

Very clearly presented. I like the many intuitions that are provided.

創建者 AHMED Z H

2021年3月14日

Really enjoyed and understood the videos

Thank you Prof Larry DeBrook

創建者 Ekwuno U J

2020年7月6日

The lecturer made this course seem easy even the not so easy parts.

創建者 Myra A H

2020年12月10日

This is a great course. I learned a lot from Prof. Larry De Brock.

創建者 Jasen H

2020年10月8日

Dr. Larry is an awesome teacher. I enjoyed this class quite a lot.

創建者 Khushi N

2020年8月29日

Good efforts taken by them a new opportunity to learn free of cost

創建者 Keith K D

2019年3月3日

Great course, professor is really good at explaining the concepts.

創建者 Nandan S

2020年11月19日

Excellent course can be taken up by anyone intending to start up.

創建者 TANG F

2016年6月11日

Good lecture, good material, but the peer review part is sucks...

創建者 Aalish K

2020年9月14日

It was such a marvellous experience for me to pursue this course

創建者 Noah M

2019年2月27日

Never look at a jar of mayonnaise the same again! Thanks Larry!

創建者 Khomotso M

2016年8月9日

a well thought-out best course... It's so enriching and engaging

創建者 LE P P

2021年2月13日

I learned a lot from this program. Thank you so much, teachers.

創建者 Thahseen M

2020年12月19日

all the modules are very well explained and easy to understand.

創建者 Raj B

2019年2月9日

Excellent course with strong fundamentals and in depth concepts

創建者 Reece A M

2018年1月20日

Excellent for those looking for an introduction into economics!

創建者 Nguyen N S

2021年2月28日

Know about consumer and Producer Behavior and decision making

創建者 Joseph C N

2019年9月9日

Very useful and intuitive! Prof DeBrock is a great lecturer!

創建者 Pham C K

2019年9月14日

Very easy to follow the videos and complete the assignments.

創建者 Bruno A

2018年2月13日

Very good hints, examples and it can be applied to any firm.

創建者 Upasna T

2019年4月19日

very informative, very smooth teaching techniques. loved it

創建者 Mauricio P

2020年7月5日

Very interesting course. Thanks Professor Larry DeBrock!!

創建者 Iruansi I

2018年8月4日

It was very engaging and refreshing. I enjoyed the course.

創建者 Huy K P

2021年3月22日

a lot of knowledge and skill can receive from this course

創建者 Sean R P I

2020年11月6日

I have learned a lot of new concepts. Thank you so much.