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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
766 個評分
172 個審閱

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....

熱門審閱

FP

May 13, 2017

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.

KS

Sep 12, 2019

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.

篩選依據:

101 - Firm Level Economics: Consumer and Producer Behavior 的 125 個評論(共 167 個)

創建者 jeferson s d s

Oct 27, 2017

ótimo curso e um excelente professor.

創建者 Javier E P

Aug 02, 2016

Loved the course. Had a wonderful time studying!

創建者 Andreas A

Jan 19, 2018

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

創建者 cheting c

Feb 13, 2018

Nice course!! I like the way professor explain the complicated econamical situation by using graphs and metaphors

創建者 Khomotso M

Aug 09, 2016

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

創建者 Keith M K

Nov 15, 2016

Great instructor

創建者 Deleted A

Jun 25, 2017

I enjoyed studying this course! Thanks Larry! I liked the video lectures and the real-life examples.

創建者 Upasna T

Apr 19, 2019

very informative, very smooth teaching techniques. loved it

創建者 Fazil M A

May 10, 2019

g

創建者 Gustavo A P P

Aug 04, 2019

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

創建者 ARVIND K S

Aug 22, 2019

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

創建者 mujtaba s

Jul 05, 2019

good course, the khan academy videos are a must watch if you want to full understand the concept.

創建者 Rithika I

Jul 11, 2019

Great

創建者 Artem A

Sep 06, 2019

Great course!

創建者 Frank A

Sep 07, 2019

Excellent course!

創建者 Erik W

Sep 08, 2019

Great Introduction to price theory!

創建者 Viral S

Sep 09, 2019

Excellent framework

創建者 Phillip D R

Sep 11, 2019

Excellent course. Well organized and prepares you well to go forward in deeper into microeconomics.

創建者 Andrew P

Sep 11, 2019

Great content and process. This was my first Coursera course and I really enjoyed it.

創建者 Joe N

Sep 10, 2019

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

創建者 Anthony C j

Sep 16, 2019

Loved the class!

創建者 Tam T

Sep 12, 2019

Great course and Prof. Larry DeBrock is a very engaging. It is a joy to be in his class.

創建者 Danesh D

Sep 12, 2019

Excellent. Very straightforward and simple presentation of the concepts!

創建者 Pramod K

Sep 12, 2019

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 Kartikeyan S

Sep 12, 2019

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.