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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

1,925 Bewertungen
469 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.

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201 - 225 von 459 Bewertungen für Firm Level Economics: Consumer and Producer Behavior

von Lukasz

20. Feb. 2020

Amazing materials introduced in a very attractive way.

von Dang N H

19. Juni 2020

Practical and easy to catch with graphs and examples!

von Keita d N

26. Apr. 2020

Coursera est une très bonne plateforme pour apprendre

von Dr. C C

6. Mai 2020

very good instructor ..larry u explained really well

von Jing Z

2. Jan. 2017

Very impressive, The first course on Coursera. Good!

von Lakshya N

18. Feb. 2016

Awesome course and good instructor!

I liked it a lot!

von Andrei S

9. Aug. 2017

Great course! I learned a lot about microeconomics.

von Arun P R S

30. Mai 2017

Great course to get your basics of economics right.

von Nehemaiah N

16. März 2016

The concepts explained well and easy to understand.

von wendy a s r

23. Mai 2020

the best teacher in economics that i had ever seen

von Gang M

6. Feb. 2018

This is a great course, and I highly recommend it.

von Koyna G

5. Aug. 2020



von Leonard B

4. März 2020

Great course, very challenging but well worth it.

von Sohaib F

28. Feb. 2019

Very interesting course for learning price theory

von Javier E P

1. Aug. 2016

Loved the course. Had a wonderful time studying!


16. Dez. 2020

It was able to help me in my subjects in school

von 19UCO123 C A D

4. Dez. 2020

very useful and wonderful to students to study.

von Vaibhav D

4. Juli 2020

economics made easy to understand. helped a lot

von Moubana A K

13. Jan. 2018

Excellent course for business decision making .

von Alexander R

11. Nov. 2020

Great course! Learned a lot from Dr. Debrock.

von Devin P

9. Nov. 2020

I had a fantastic experience with this course!

von Hoàng H C

16. März 2020

Good lesson & it is very useful. Thanks a lot

von Harish G

11. Nov. 2020

Amazing course and content by Prof LeBrock !

von Fahim A R

7. Juni 2020

This course explains economics at its roots!

von jodu p b

30. Mai 2020

Its great thing to learn from economic sides