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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
758 個評分
169 個審閱

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

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:

26 - Firm Level Economics: Consumer and Producer Behavior 的 50 個評論(共 164 個)

創建者 Iruansi I

Aug 04, 2018

It was very engaging and refreshing. I enjoyed the course.

創建者 Tran T U

Aug 06, 2018

Easy to understand!

創建者 Omodiaogbe S

Feb 11, 2016

Great insights on the application of microeconomic theory to everyday decision-making. The application assignments makes the course more understandable.

創建者 Anurag P

Feb 21, 2016

good course to enroll in , will not disappoint you especially if you are new to economics , the instructor is very good and grading pattern is a lot of fun .not for economics major there is nothing in here for you folks ..

創建者 Pierre L

Oct 18, 2016

Excellent course.

創建者 Maria D

Mar 27, 2016

nice course, with links to additional reading materials... well thought and good for busy person :-)

創建者 王越阳

May 25, 2017

nice professor

創建者 Akshay H

Dec 11, 2017

Excellent course by Prof. Larry Debrock!

How does a market work? How is the price of a product decided? When should you shutdown a firm? and a lot more.

This is the course to get introduced to Economics.

創建者 Adam D

Aug 10, 2016

Larry is really engaging. Great lectures.

創建者 Getahun K M

Jun 09, 2017

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

創建者 Jing Z

Jan 03, 2017

Very impressive, The first course on Coursera. Good!

創建者 Neal S

Nov 26, 2017

Great class -- I have an undergraduate degree in economics. Of the many economics classes that I have attended in the past, this is by far one of the most enjoyable.

創建者 Siddharth J

May 10, 2017

It's a throrughly intriguing course with plenty of Economics treasure packed in nice and neat offering. It teaches you so much in such little time.

創建者 Yu Y

Feb 24, 2018

A good introduction for many basic concepts on demand and supply. Nice teacher.

創建者 Fernando P

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.

創建者 Rene J R A

Sep 19, 2016

Excellent intro to Firm Level Economics, great teacher.

創建者 M. L J

Mar 06, 2016

I thoroughly enjoyed Professor DeBrock's course. He did a fantastic job of illustrating important concepts without muddying the water with unnecessary jargon. I'm looking forward to continuing in the specialization with DeBrock at the helm. Thanks again!

創建者 Martin C

Feb 11, 2016

This is a great course! Gary teaches always with a smile on his face and with great everyday life examples! I loved it because it provides great insights for corporations or ventures by linking econ. theories to businesses. Thanks a lot! Great teacher!

創建者 TANG F

Jun 11, 2016

Good lecture, good material, but the peer review part is sucks...

創建者 Renato F M F

Nov 07, 2016

Very good

創建者 Lakshya N

Feb 18, 2016

Awesome course and good instructor!

I liked it a lot!

創建者 Linda M

Aug 07, 2017

Excellent course!

創建者 Matthew S B

Sep 06, 2016

This was a great refresher on micro economics. The online format was easy to navigate and the content was challenging. Really enjoyed the course.

創建者 Andre L O F

Nov 17, 2016

Excellent course with a great explanation.

創建者 Olusegun A

Feb 12, 2017

Excellent teacher! Made microeconomics micro easy. Prof. DeBrock rocks!!!