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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
1,719 個評分
424 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....

熱門審閱

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:

251 - Firm Level Economics: Consumer and Producer Behavior 的 275 個評論(共 417 個)

創建者 Ahmad N T

2020年5月22日

It’s an excellent course

創建者 Debleena D

2020年5月13日

teaching was really good

創建者 Dr M R

2020年4月11日

It's an excellent course

創建者 wuxiangting

2017年5月29日

Great basic introduction

創建者 Elgin G

2020年10月22日

This course is amazing!

創建者 LAXMIKANT M S

2020年4月28日

Very informative course

創建者 Sujisha T

2020年9月20日

That's a good learning

創建者 Anshul S

2016年6月11日

Very articulate course

創建者 Aashish B

2020年10月20日

that's awesome course

創建者 S A

2020年7月6日

Excellent opportunity

創建者 Devanshi J

2020年7月2日

It was a great course

創建者 Eliane D

2017年12月6日

it's was interesting.

創建者 Ravi K J

2020年5月3日

well structure couse

創建者 Gautham B

2019年2月2日

Incredible professor

創建者 Vy H

2017年5月10日

Really useful for me

創建者 Brett P

2020年11月10日

love the professor!

創建者 Chris K

2020年2月15日

excellent professor

創建者 Viral S

2019年9月9日

Excellent framework

創建者 Tran T U

2018年8月5日

Easy to understand!

創建者 Tiberiu I

2016年6月28日

I love the teacher!

創建者 Dr. U P S

2020年8月24日

Excellent approach

創建者 Cindia E L

2020年8月20日

A very good course

創建者 jyoti o

2020年8月14日

GOOD LEARNING TIME

創建者 Aziz M P

2018年1月23日

Well taught course

創建者 Tran V N T

2016年3月13日

I like this course