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

777 Bewertungen
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



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.


Mar 05, 2019

Professor DeBrock made the class very interesting with great real-world examples. I feel that I have learned so much from this class that I will carry with me throughout my career.

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101 - 125 von 141 Bewertungen für Firm Level Economics: Markets and Allocations


Jun 26, 2020

gud experience

von Ray S

Mar 09, 2020

Amazing course

von Kartikeyan S

Oct 14, 2019

Awesome course

von Meena G

Feb 07, 2019

Great course!!

von Ameya C

May 10, 2020

Great Course!

von Diana T

Feb 18, 2020

Great course!

von Sandeep K

Oct 07, 2019

Great course.

von Iztok C

Mar 15, 2016

Great course!

von Dr. P D S

Aug 02, 2020

Very helpful

von Christian E L R

Jul 23, 2020

Great course


Mar 01, 2019

Best Course!

von Keith M K

Oct 24, 2016

Great course

von Muhsina s h

Jun 03, 2020

Good course

von Ali A

Apr 06, 2020

Nice course

von Wilson P

Mar 09, 2020

Love Larry!

von Atanu D

Jun 03, 2020

very good

von Malki B

Mar 07, 2020


von Sejal R S

Oct 20, 2019


von Mohamed G

Jun 16, 2016

very nice


Mar 29, 2016


von Hoàng H N Đ

Jul 24, 2020


von ALAN J M

Aug 22, 2020


von Sai S V

Aug 06, 2020



Jul 21, 2020


von Xuân N T

Jun 18, 2020