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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
1,717 個評分
424 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:

201 - Firm Level Economics: Consumer and Producer Behavior 的 225 個評論(共 417 個)

創建者 Sohaib F

2019年2月28日

Very interesting course for learning price theory

創建者 Javier E P

2016年8月1日

Loved the course. Had a wonderful time studying!

創建者 Vaibhav D

2020年7月4日

economics made easy to understand. helped a lot

創建者 Moubana A K

2018年1月13日

Excellent course for business decision making .

創建者 Alexander R

2020年11月11日

Great course! Learned a lot from Dr. Debrock.

創建者 Devin P

2020年11月9日

I had a fantastic experience with this course!

創建者 Hoàng H C

2020年3月16日

Good lesson & it is very useful. Thanks a lot

創建者 Harish G

2020年11月11日

Amazing course and content by Prof LeBrock !

創建者 Fahim A R

2020年6月7日

This course explains economics at its roots!

創建者 jodu p b

2020年5月30日

Its great thing to learn from economic sides

創建者 Esteban M G G

2020年4月11日

Excellent course, the instructor is awesome!

創建者 Akriti S

2020年7月11日

Great course! Strengthened my fundamentals!

創建者 lorenzo b

2020年7月13日

Exciting course and excellently explained.

創建者 MCENROE N T E

2018年11月11日

easy understanding and in dept explanation

創建者 Andre L O F

2016年11月17日

Excellent course with a great explanation.

創建者 Apoorva

2020年10月6日

I learned demand, supply and English too.

創建者 Adam D

2016年8月10日

Larry is really engaging. Great lectures.

創建者 Apurva S

2020年9月10日

Very helpful course!

Professor is amazing

創建者 Kamal A

2018年12月16日

Great Course to Start learning Economics

創建者 R.M.B.M. R A

2020年11月15日

Improved knowledge. Gained many skills

創建者 Andrew J

2019年9月18日

Great class and Even better instructor

創建者 Anmol A

2020年4月19日

Great course and amazing explanations

創建者 Ahsan F

2020年2月8日

Loved the course. Very well explained

創建者 Jay K

2019年2月4日

whole a lot to learn from this course

創建者 jeferson s d s

2017年10月27日

ótimo curso e um excelente professor.