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Kursteilnehmer-Bewertung und -Feedback für Firm Level Economics: Markets and Allocations von University of Illinois at Urbana-Champaign

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149 Bewertungen

Über den Kurs

In this class, we will derive equilibrium outcomes across a variety of market structures. We will begin by understanding equilibrium under a market structure called Perfect Competition, a benchmark construction. Economists have tools to measure the efficiency of market outcomes. We next consider the polar extreme of a competitive market: a monopoly market. We will determine the monopoly equilibrium price and quantity and efficiency properties. Much economic activity takes place in markets with just a handful of very large producers. To understand equilibrium in these oligopoly markets requires more careful attention to strategic interdependence. To capture this interdependence, we consider collusive arrangements among a small number of rivals as well as the use of simple game theoretic techniques to model equilibrium. Market Failure describes situations where markets fail to find the efficient outcome. Information asymmetries are one fertile form of market failure. Another form of market failure occurs when externalities are present. We will examine one key externality, pollution, and construct a policy prescription to mitigate the negative efficiency impacts of this externality. Upon successful completion of this course, you will be able to: • Explain how different market structures result in different resource allocations. • Model the impact of external shocks to a particular market structure and demonstrate the new equilibrium price and quantity after the impact of this external shock has played out. • Evaluate the efficiency of an equilibrium. Different market structures produce different levels of efficiency. • Explain when and why the government might intervene with regulatory authority or antitrust litigation to lessen inefficiencies in some markets. • Describe how information problems can cause inefficient outcomes. • Understand externalities and consider optimal government response to these market failures. 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....

Top-Bewertungen

AA

Jun 08, 2016

Awesome instructor, awesome materials and awesome learners. Of course, difficult assignments that I taught me a lot! Thank you Coursera, Dr. Larry and the entire team behind the scene.

LD

Mar 07, 2018

Prof. Larry DeBrock makes very complicated concepts seem simple and understandable. He shows how to apply the concept to contemporary relevant issues. I sincerely loved this class.

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76 - 100 von 141 Bewertungen für Firm Level Economics: Markets and Allocations

von Andras I

Nov 25, 2019

Just as great as the first course!

von Ben J

Jun 14, 2016

Great course! Extremely rewarding

von Damilola O

Jul 12, 2020

Wonderful and insightful lecture

von James S

Mar 03, 2018

Great class and great Professor!

von Ralph K M G

Mar 01, 2018

Excellent course, Prof DeBrock.

von Ahmad U H

Apr 24, 2020

Amazing course and learning.

von paco b

Sep 24, 2020

the best coirse thanks alot

von Muhammed I

Jun 18, 2020

Instructor is awesome...!!!

von Michael O

Mar 02, 2019

Great class and professor!

von AKSA E J

May 30, 2020

This is an amazing course

von MEKALATHURU S

Jun 28, 2020

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von Ravi K J

Apr 25, 2020

well structured course

von Lala F

Apr 25, 2020

Enjoyed every moment!

von Luca D

Sep 27, 2020

A very useful course

von Beffin S

Sep 22, 2020

The session was good

von Vidushi G

Jul 05, 2020

very well explained

von Viral S

Oct 06, 2019

Amazing experience.

von Chris M

Feb 22, 2018

Larry is the BOMB!!

von Badrinath R

Feb 08, 2018

really informative.

von Olusegun A

Feb 16, 2017

Excellent course!!!

von Hoàng H C

Mar 16, 2020

Very good, Thanks

von ARVIND K S

Aug 22, 2019

Excellent course!

von Shaw K G H

Dec 30, 2017

Very good course!

von Lukasz

Mar 08, 2020

Fantastic course

von DIPAL R

Sep 01, 2020

Really awesome.