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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
1,475 個評分
367 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

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.

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.

篩選依據:

326 - Firm Level Economics: Consumer and Producer Behavior 的 350 個評論(共 359 個)

創建者 Eric M L E

Mar 08, 2019

Very interesting material and well-delivered and understandable / accessible. Not entirely sure of it's real-world applicability just yet.

創建者 Sumit M

Aug 04, 2020

It was a wonderful journey of knowing the basics of economics and understanding the concepts of economic

創建者 PATRICIA N

Sep 08, 2020

this was my first time taking an economics course. it was difficult to understand the curves concept

創建者 Aya M E

Jul 25, 2020

hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

創建者 Jacques P P

Dec 09, 2018

Nice warm up module for further analysis of consumer and producer behavior.

創建者 HAWK R

May 11, 2020

Good course. Imperative to take notes and review transcript.

創建者 Ed V

Feb 18, 2020

module 4 needs a little bit more work for extra clarity.

創建者 Roy W

Sep 09, 2019

Need more video examples of problems.

創建者 Faig K

Jan 29, 2018

There a lot of graphs on this course.

創建者 Bob H

Mar 09, 2017

Really liked the peer review process.

創建者 ricardo p o

Apr 04, 2017

great course, clear and dinamic.

創建者 N. N

Aug 24, 2020

ISSUES IN RECEIVING CERTIFICATE

創建者 Jun Z

Mar 03, 2017

A useful elementary course.

創建者 Bisma I

May 28, 2019

Good experience of mine

創建者 Clare P

May 23, 2016

It is well organized.

創建者 Fedor G

Mar 14, 2016

Really good course!

創建者 Harshida K

May 15, 2020

Good course ever.

創建者 Angel P A

Jul 29, 2020

NICE COURSE

創建者 ERASMO S

Jan 02, 2019

Excelent!!!

創建者 Romain V

Jun 17, 2016

Complex. Bu

創建者 ROOPA. A

Sep 18, 2020

Helpful

創建者 Kothalawala L H D

Jun 27, 2020

good

創建者 Rahul B

Jun 13, 2020

Good

創建者 Prabath P

May 21, 2020

good

創建者 RAGHAVI K

May 16, 2020

good