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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
1,318 個評分
327 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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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:

251 - Firm Level Economics: Consumer and Producer Behavior 的 275 個評論(共 320 個)

創建者 Nikolaos P

Mar 04, 2018

Great Course

創建者 Henry M N

Jul 31, 2020

nice course

創建者 Sai S V

Jul 28, 2020

Good course

創建者 KUNTAL S

Jul 20, 2020

Good one!

創建者 TRƯƠNG M T

Mar 18, 2020

Very Good

創建者 Phạm V T

Oct 22, 2019

Very well

創建者 Vivianne P S R

Mar 23, 2019

Excelente

創建者 Renato F M F

Nov 07, 2016

Very good

創建者 Deleted A

Jul 07, 2020

dnthdgmg

創建者 Do M C

Jun 29, 2020

Rất hay!

創建者 Nitika K

Jul 23, 2020

Amazing

創建者 NKETIAH E

Feb 26, 2019

awesome

創建者 Chris M

Oct 30, 2017

Badass

創建者 Rithika I

Jul 11, 2019

Great

創建者 Imran Y

Feb 22, 2017

great

創建者 Ananthasagaram S

Jul 29, 2020

good

創建者 SIDDIQA R

Jul 27, 2020

Good

創建者 Maheshwari

May 25, 2020

Good

創建者 OSAMAH A Y A

May 20, 2020

good

創建者 Ngo M T

Mar 24, 2020

good

創建者 Phạm T M T

Dec 04, 2019

good

創建者 Vòng N L

Nov 01, 2019

Good

創建者 Cheihlun C Y

Feb 09, 2019

Good

創建者 sudindra

Jun 12, 2017

good

創建者 Nguyễn V Đ

Oct 14, 2019

ok