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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
1,931 個評分
470 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
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.

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.

篩選依據:

426 - Firm Level Economics: Consumer and Producer Behavior 的 450 個評論(共 461 個)

創建者 Faig K

2018年1月28日

There a lot of graphs on this course.

創建者 Bob H

2017年3月9日

Really liked the peer review process.

創建者 ricardo p o

2017年4月4日

great course, clear and dinamic.

創建者 U16CE007 T S

2020年12月3日

Prof. Larry DeBrock was amazing

創建者 N. N

2020年8月24日

ISSUES IN RECEIVING CERTIFICATE

創建者 Jun Z

2017年3月2日

A useful elementary course.

創建者 SARMAD H

2020年11月24日

very informative course

創建者 Bisma I

2019年5月28日

Good experience of mine

創建者 Đại N Q

2020年10月23日

very practical lesson.

創建者 Clare P

2016年5月22日

It is well organized.

創建者 Keron S W

2020年10月14日

Thank for knowledge

創建者 Fedor G

2016年3月14日

Really good course!

創建者 POOJA V L

2020年10月9日

Good to learn more

創建者 Harshida K

2020年5月14日

Good course ever.

創建者 Siddharth S N

2020年11月27日

Great content

創建者 Angel P A

2020年7月29日

NICE COURSE

創建者 ERASMO S

2019年1月2日

Excelent!!!

創建者 Romain V

2016年6月17日

Complex. Bu

創建者 Devesh Y

2020年10月28日

amazing

創建者 ROOPA. A

2020年9月18日

Helpful

創建者 Chơn N V

2020年10月3日

good

創建者 Kothalawala L H D

2020年6月27日

good

創建者 Rahul B

2020年6月13日

Good

創建者 Waduge P P

2020年5月21日

good

創建者 RAGHAVI K

2020年5月16日

good