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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
2,059 個評分
501 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.

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76 - Firm Level Economics: Consumer and Producer Behavior 的 100 個評論(共 491 個)

創建者 Johanne P

2019年9月12日

Excellent explanations. I felt that the concepts are well explained. The additional reading and video materials were on point. Highly recommended.

創建者 Colin F

2017年3月21日

worth your time and effort. some mathematical background required but professor Larry makes it very easy to understand the intuition behind the fo

創建者 Kausar K

2019年2月28日

Learned a lot on Supply & Demand and different markets in this course. The course is well written/prepared and had a fun time going thru this.

創建者 Aymaan T

2020年8月13日

Sir Larry was so amazing. He made everything so much easier and it was so easy to grasp. Thank you to Coursera and Larry for this opportunity.

創建者 Khadiza A

2020年6月16日

This is really a very helpful & attractive course I have done so far.The course instructor is always try to make the hard topics interesting .

創建者 Matt C

2021年2月23日

A really amazing class. I took Microeconomics in college many years ago, and learned so much in this class. And the format was outstanding!

創建者 Sergey T

2020年10月25日

Great course! Videos are very interesting, especially with examples from the history. Assignments are clear and don't take ages to prepare:)

創建者 Pramod K

2019年9月12日

Professor DeBrock is a terrific teacher. He has the ability to explain complex concepts in a simple way using examples from everyday life.

創建者 Anna M M

2020年1月15日

Professor Larry is an amazing Lecturer! I really enjoy this course and all the examples given on this course is very easy to understand.

創建者 ARVIND K S

2019年8月21日

Excellent course for all economics, finance and management students and managers. Taught in a very interactive and comprehensive manner.

創建者 Sonia M

2020年2月18日

Great class! Well explained concepts using every day examples to help in understanding the underlying reasoning behind those concepts.

創建者 Joshua

2020年8月13日

I am a loss of words for the kind of teaching I have received from the instructor ! Thank you for making the concepts simple for us.

創建者 Mayeesha

2020年6月7日

Very informative and enjoyable. learning though graphs and understanding the intuition of every topic. 10/10 would totally recommend

創建者 Bharathwaj T

2020年7月13日

very good course to people who interested in economics.

prof. Larry is very good in teaching. I like his way of teaching very much

創建者 Abdul M S

2020年7月25日

I think it was a great course and the instructor itself was very well explaining each topic with examples or cases of real life.

創建者 Umang N

2019年9月11日

very interesting course to understand how makers performs and companies calculate costs. material is precise and prof is amazing

創建者 Dishani T P W

2020年8月7日

It was a great course. Thank u coursera and dear sir for allowing us to follow these courses for free to enhance our knowledge.

創建者 Md. F R L R

2020年6月21日

That is really a good course for me. I got a clear idea about market and cosumer. It will help me to set a good business sense

創建者 David H

2017年4月1日

Great introductory course to microeconomics covering free market supply, demand, cost curves and firm short run equilibriums.

創建者 Austin M

2020年11月9日

Big fan of this professor, though whoever uploaded the videos didn't edit them as he was expecting. But good none the less.

創建者 Aashish P

2020年5月24日

It's actually nice how sir explains everything. If you're interested in economics, then i would recommend you to go for it.

創建者 MASROAF S S

2020年11月9日

It's the best course I've ever done on Price theory. This course goes in-depth of individual firms behaviour optimization.

創建者 Cristo D

2020年11月1日

Very helpful course. Concepts are explained in such a manner that anyone without a background in economics can understand.

創建者 MOHIT Y A C B 2 B

2020年9月15日

I had a great learning experience, the program is excellent, and I assure you by the end you will start loving economics.

創建者 Gustavo P P

2019年8月4日

Great course, managed to get the best out of it. Thanks to Professor Larry DeBrock who made everything easy to understand.