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

2,046 Bewertungen
497 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


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.

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.

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176 - 200 von 487 Bewertungen für Firm Level Economics: Consumer and Producer Behavior


14. März 2021

Really enjoyed and understood the videos

Thank you Prof Larry DeBrook

von Ekwuno U J

6. Juli 2020

The lecturer made this course seem easy even the not so easy parts.

von Myra A H

10. Dez. 2020

This is a great course. I learned a lot from Prof. Larry De Brock.

von Jasen H

8. Okt. 2020

Dr. Larry is an awesome teacher. I enjoyed this class quite a lot.

von Khushi N

29. Aug. 2020

Good efforts taken by them a new opportunity to learn free of cost

von Keith K D

3. März 2019

Great course, professor is really good at explaining the concepts.

von Nandan S

19. Nov. 2020

Excellent course can be taken up by anyone intending to start up.

von TANG F

11. Juni 2016

Good lecture, good material, but the peer review part is sucks...

von Aalish K

14. Sep. 2020

It was such a marvellous experience for me to pursue this course

von Noah M

27. Feb. 2019

Never look at a jar of mayonnaise the same again! Thanks Larry!

von Khomotso M

9. Aug. 2016

a well thought-out best course... It's so enriching and engaging

von LE P P

13. Feb. 2021

I learned a lot from this program. Thank you so much, teachers.

von Thahseen M

19. Dez. 2020

all the modules are very well explained and easy to understand.

von Raj B

9. Feb. 2019

Excellent course with strong fundamentals and in depth concepts

von Reece A M

20. Jan. 2018

Excellent for those looking for an introduction into economics!

von Nguyen N S

28. Feb. 2021

Know about consumer and Producer Behavior and decision making

von Joseph C N

9. Sep. 2019

Very useful and intuitive! Prof DeBrock is a great lecturer!

von Pham C K

14. Sep. 2019

Very easy to follow the videos and complete the assignments.

von Bruno A

13. Feb. 2018

Very good hints, examples and it can be applied to any firm.

von Upasna T

19. Apr. 2019

very informative, very smooth teaching techniques. loved it

von Mauricio P

5. Juli 2020

Very interesting course. Thanks Professor Larry DeBrock!!

von Iruansi I

4. Aug. 2018

It was very engaging and refreshing. I enjoyed the course.

von Huy K P

22. März 2021

a lot of knowledge and skill can receive from this course

von Sean R P I

6. Nov. 2020

I have learned a lot of new concepts. Thank you so much.

von Mrs G

28. Sep. 2020

very clearly explained all the facts. enjoyed the course