Chevron Left
Zurück zu Firm Level Economics: Consumer and Producer Behavior

Kursteilnehmer-Bewertung und -Feedback für Firm Level Economics: Consumer and Producer Behavior von University of Illinois at Urbana-Champaign

2,052 Bewertungen
499 Bewertungen

Über den Kurs

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


12. Mai 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.

11. Sep. 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.

Filtern nach:

126 - 150 von 489 Bewertungen für Firm Level Economics: Consumer and Producer Behavior

von Luis F M R

7. Juli 2020

This is a great course. I had so much fun learning about this topic, which is totally new to me.

von Lorena R

23. Juni 2020

Excellent explanation and material. Some links don't work but the other material is very helpful

von Pedro J M D

19. Apr. 2020

Larry hace la explicacion de los conceptos algo muy facil, se disfruta y aprende mucho el curso.

von Oscar C

13. Feb. 2020

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

von Dejan C

21. Jan. 2019

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

von Ngo T P M

17. Nov. 2018

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

von Shubham P

28. Apr. 2020

A very good course to understand microeconomics. Thanks to Mr Larry for making us understand.

von Getahun K

9. Juni 2017

It is a very good course which gives a good insight regarding consumer and producer behavior.


5. Aug. 2020

I totally had a new insight about consumer and Producer behavior,and also gained knowledge.

von Rohit M

12. Juli 2020

One of the best instructor on the Coursera, explains each concept very easy to understand.

von Priya R

4. Nov. 2020

Fantastic teacher who has explained the tough concepts of microeconomics in simple terms.

von Tam T

11. Sep. 2019

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

von Miguel A O E

9. Feb. 2020

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

von Arya J K J

3. Aug. 2020

This is a very nice course to take up. The professor explained each concepts very well.

von Sreehari S

30. Mai 2020

Good course , I can acheive an excellent knowledge about the firm behavior and economy

von S D

14. Juli 2020

Explanation is very simple and all basics are explained well, very easy to understand.

von Steven v d M

5. Nov. 2017

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

von Reuben M M

23. Mai 2020

The classes were held very well and the explanations were given in a very simple way.

von Andrew P

11. Sep. 2019

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

von Badrinath R

10. Feb. 2018

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

von Prem T

31. Juli 2020

really nice course and the lecturer did an excellent job at explaining the concepts

von Edmundo A R Y

7. Juli 2020

Great course, Larry makes it very easy to understand economics. Thank you very much!

von Himanshu B A

29. Mai 2020

The course gives clear idea of controlling production as per the market conditions.

von Neha S J

3. Aug. 2020

It's an amazing course. Very easy to understand. The explanation is very detailed.


12. Sep. 2020

Excellent design and direction......To enter and exit the course....... thnx.....