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返回到 Firm Level Economics: Consumer and Producer Behavior

学生对 伊利诺伊大学香槟分校 提供的 Firm Level Economics: Consumer and Producer Behavior 的评价和反馈

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1,583 个评分
396 条评论

课程概述

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....

热门审阅

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.

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.

筛选依据:

351 - Firm Level Economics: Consumer and Producer Behavior 的 375 个评论(共 389 个)

创建者 Sumit M

Aug 04, 2020

It was a wonderful journey of knowing the basics of economics and understanding the concepts of economic

创建者 PATRICIA N

Sep 08, 2020

this was my first time taking an economics course. it was difficult to understand the curves concept

创建者 Aya M E

Jul 25, 2020

hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

创建者 Jacques P P

Dec 09, 2018

Nice warm up module for further analysis of consumer and producer behavior.

创建者 SONIKA S

Sep 24, 2020

Such a good platform to to learn more . Thank you for your teaching.

创建者 HAWK R

May 11, 2020

Good course. Imperative to take notes and review transcript.

创建者 Ed V

Feb 18, 2020

module 4 needs a little bit more work for extra clarity.

创建者 Roy W

Sep 09, 2019

Need more video examples of problems.

创建者 Faig K

Jan 29, 2018

There a lot of graphs on this course.

创建者 Bob H

Mar 09, 2017

Really liked the peer review process.

创建者 ricardo p o

Apr 04, 2017

great course, clear and dinamic.

创建者 N. N

Aug 24, 2020

ISSUES IN RECEIVING CERTIFICATE

创建者 Jun Z

Mar 03, 2017

A useful elementary course.

创建者 Bisma I

May 28, 2019

Good experience of mine

创建者 Đại N Q

Oct 23, 2020

very practical lesson.

创建者 Clare P

May 23, 2016

It is well organized.

创建者 Keron S W

Oct 14, 2020

Thank for knowledge

创建者 Fedor G

Mar 14, 2016

Really good course!

创建者 POOJA V L

Oct 09, 2020

Good to learn more

创建者 Harshida K

May 15, 2020

Good course ever.

创建者 Angel P A

Jul 29, 2020

NICE COURSE

创建者 ERASMO S

Jan 02, 2019

Excelent!!!

创建者 Romain V

Jun 17, 2016

Complex. Bu

创建者 Devesh Y

Oct 28, 2020

amazing

创建者 ROOPA. A

Sep 18, 2020

Helpful