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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

2,059 個評分
501 條評論


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



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.


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.


126 - Firm Level Economics: Consumer and Producer Behavior 的 150 個評論(共 491 個)

創建者 Luis F M R


This is a great course. I had so much fun learning about this topic, which is totally new to me.

創建者 Lorena R


Excellent explanation and material. Some links don't work but the other material is very helpful

創建者 Pedro J M D


Larry hace la explicacion de los conceptos algo muy facil, se disfruta y aprende mucho el curso.

創建者 Oscar C


Very insightful and professor provides clear explanations of the material covered in the class.

創建者 Dejan C


Exceptional course! Enjoyed watching and reading. So much new interesting and useful learnings.

創建者 Ngo T P M


This course provides the fundamental knowledge about economy. I am satisfied with this course.

創建者 Shubham P


A very good course to understand microeconomics. Thanks to Mr Larry for making us understand.

創建者 Getahun K


It is a very good course which gives a good insight regarding consumer and producer behavior.



I totally had a new insight about consumer and Producer behavior,and also gained knowledge.

創建者 Rohit M


One of the best instructor on the Coursera, explains each concept very easy to understand.

創建者 Priya R


Fantastic teacher who has explained the tough concepts of microeconomics in simple terms.

創建者 Tam T


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

創建者 Miguel A O E


Well organized course, clear, motivating. Very helpful to learn microeconmics from zero.

創建者 Arya J K J


This is a very nice course to take up. The professor explained each concepts very well.

創建者 Sreehari S


Good course , I can acheive an excellent knowledge about the firm behavior and economy

創建者 S D


Explanation is very simple and all basics are explained well, very easy to understand.

創建者 Steven v d M


What a great lecturer! Provides a perfect introduction for any beginner into Economics

創建者 Reuben M M


The classes were held very well and the explanations were given in a very simple way.

創建者 Andrew P


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

創建者 Badrinath R


Excellent explanation of the basic concepts and good insight into the subject matter.

創建者 Prem T


really nice course and the lecturer did an excellent job at explaining the concepts

創建者 Edmundo A R Y


Great course, Larry makes it very easy to understand economics. Thank you very much!

創建者 Himanshu B A


The course gives clear idea of controlling production as per the market conditions.

創建者 Neha S J


It's an amazing course. Very easy to understand. The explanation is very detailed.



Excellent design and direction......To enter and exit the course....... thnx.....