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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

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2,046 個評分
497 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:

151 - Firm Level Economics: Consumer and Producer Behavior 的 175 個評論(共 487 個)

創建者 Fredrik E

2020年2月11日

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

創建者 Anurag P W

2017年5月30日

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

創建者 Emmanouil K

2017年4月17日

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

創建者 Manish D

2020年6月7日

The course is good as it is. This helped me recollect the maximum of the charts

創建者 Santiago G M

2020年6月2日

Very good course. Proffesor explains very well and it is easily understandable.

創建者 David A G

2020年4月29日

Loved this course and loved tuning in to hear Larry teach it. Very good course!

創建者 Yu Y

2018年2月24日

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

創建者 Innocent O

2019年3月18日

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

創建者 Janhavi B

2020年9月18日

Amazing Course. Prof. Larry DeBRock has wonderfully explained every concept.

創建者 Mohammad E

2020年7月13日

Needs more attention from instructors/TAs to the forums. Otherwise, awesome.

創建者 Anjali G

2020年11月9日

Complicated subject explained in a simple way! We love you Prof. DeBrock..

創建者 Kanwar S S

2019年3月31日

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

創建者 Thuần N T

2020年12月18日

Great knowledge to learn and apply to the business with overview foreseen,

創建者 Joel A A R

2020年7月15日

Professor was great, all information also great! enjoyed a lot this course

創建者 Sergey D

2021年3月27日

It was nice and useful. Professor's explanations were detailed and clear.

創建者 Abhijeet G

2020年12月23日

great content ...practice exercises can be added to improve understanding

創建者 Subhadeep G

2019年11月14日

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

創建者 Woo S L

2019年9月12日

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

創建者 Olusegun A

2017年2月12日

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

創建者 Daniel T

2016年3月25日

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

創建者 Danesh D

2019年9月11日

Excellent. Very straightforward and simple presentation of the concepts!

創建者 Vusal T K

2016年2月7日

Professor is great at explaining complex notions. Very well structured!

創建者 Mustakeem D D 1

2020年7月20日

Very well designed course. Helped me re-learn the basics of economics.

創建者 Jiayi S

2020年10月16日

Thank you so much Larry! Great content and very informative sessions!

創建者 Andreas A

2018年1月18日

Very clearly presented. I like the many intuitions that are provided.