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

4.8
Sterne
1,007 Bewertungen
237 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 onlinemba.illinois.edu....

Top-Bewertungen

FP

May 13, 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.

KS

Sep 12, 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:

101 - 125 von 236 Bewertungen für Firm Level Economics: Consumer and Producer Behavior

von Joe N

Sep 10, 2019

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

von Pham C K

Sep 14, 2019

Very easy to follow the videos and complete the assignments.

von Bruno A

Feb 13, 2018

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

von Upasna T

Apr 19, 2019

very informative, very smooth teaching techniques. loved it

von Iruansi I

Aug 04, 2018

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

von Kartik N

Mar 12, 2017

You can't help but like Prof DeBrock. Such a fun course!

von Rene J R A

Sep 19, 2016

Excellent intro to Firm Level Economics, great teacher.

von shubham p

Feb 08, 2016

Courses r very benificial but all courses are not freee

von Lukasz T

Feb 20, 2020

Amazing materials introduced in a very attractive way.

von Keita d N

Apr 26, 2020

Coursera est une très bonne plateforme pour apprendre

von Dr. C C

May 06, 2020

very good instructor ..larry u explained really well

von Jing Z

Jan 03, 2017

Very impressive, The first course on Coursera. Good!

von Lakshya N

Feb 18, 2016

Awesome course and good instructor!

I liked it a lot!

von RIA C

May 06, 2020

How's much time it will take to get the certificate

von Andrei S

Aug 09, 2017

Great course! I learned a lot about microeconomics.

von Arun P R S

May 30, 2017

Great course to get your basics of economics right.

von Nehemaiah N

Mar 16, 2016

The concepts explained well and easy to understand.

von wendy a s r

May 24, 2020

the best teacher in economics that i had ever seen

von Gang M

Feb 07, 2018

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

von Leonard B

Mar 04, 2020

Great course, very challenging but well worth it.

von Sohaib F

Feb 28, 2019

Very interesting course for learning price theory

von Javier E P

Aug 02, 2016

Loved the course. Had a wonderful time studying!

von Moubana A K

Jan 13, 2018

Excellent course for business decision making .

von Hoàng H C

Mar 16, 2020

Good lesson & it is very useful. Thanks a lot

von Esteban M G G

Apr 11, 2020

Excellent course, the instructor is awesome!