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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
885 個評分
205 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.

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51 - Firm Level Economics: Consumer and Producer Behavior 的 75 個評論(共 199 個)

創建者 Guilherme C

Jun 04, 2017

Great content, very objective. The teacher was very clear and used relevant examples to make his points.

創建者 Deleted A

Jun 25, 2017

I enjoyed studying this course! Thanks Larry! I liked the video lectures and the real-life examples.

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 Doug R

Sep 11, 2019

Excellent course. Well organized and prepares you well to go forward in deeper into microeconomics.

創建者 mujtaba s

Jul 05, 2019

good course, the khan academy videos are a must watch if you want to full understand the concept.

創建者 Oscar C

Feb 14, 2020

Very insightful and professor provides clear explanations of the material covered in the class.

創建者 Dejan C

Jan 21, 2019

Exceptional course! Enjoyed watching and reading. So much new interesting and useful learnings.

創建者 Ngo T P M

Nov 18, 2018

This course provides the fundamental knowledge about economy. I am satisfied with this course.

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 Tam T

Sep 12, 2019

Great course and Prof. Larry DeBrock is a very engaging. It is a joy to be in his class.

創建者 Miguel A O E

Feb 09, 2020

Well organized course, clear, motivating. Very helpful to learn microeconmics from zero.

創建者 Steven v d M

Nov 05, 2017

What a great lecturer! Provides a perfect introduction for any beginner into Economics

創建者 Andrew P

Sep 11, 2019

Great content and process. This was my first Coursera course and I really enjoyed it.

創建者 Badrinath R

Feb 10, 2018

Excellent explanation of the basic concepts and good insight into the subject matter.

創建者 Fredrik E

Feb 11, 2020

Excellent course material, great lectures, easy to follow a not so easy material.

創建者 Anurag P W

May 30, 2017

The course cleared the basics of firm level economics in a very efficient manner

創建者 Emmanouil K

Apr 17, 2017

Great class! Everything is explained in an intuitive manner. Highly recommended!

創建者 Yu Y

Feb 24, 2018

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

創建者 Innocent O

Mar 18, 2019

The course was well understood as the instructor made everything seem so easy

創建者 Kanwar S S

Apr 01, 2019

GREAT COURSE. iNSTRUCTOR WAS EXELLENT. GREAT EXPLANTIONS AND GOOD COVERAGE.

創建者 Subhadeep G

Nov 14, 2019

Very well covered session. Great course to make your Fundamentals strong.

創建者 Woo S L

Sep 12, 2019

The course covered all major components required to understand the topic.

創建者 Olusegun A

Feb 12, 2017

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

創建者 Daniel T

Mar 25, 2016

Excellent course! High quality video/audio and it is organized very well.

創建者 Danesh D

Sep 12, 2019

Excellent. Very straightforward and simple presentation of the concepts!