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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

4.8
1,497 个评分
371 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

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.

筛选依据:

126 - Firm Level Economics: Consumer and Producer Behavior 的 150 个评论(共 362 个)

创建者 DILIP K H

Sep 12, 2020

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

创建者 Sakif A

Jul 11, 2020

The course was fun and it had enough alternate resources. I enjoyed it very much.

创建者 Fredrik E

Feb 11, 2020

Excellent course material, great lectures, easy to follow a not so easy material.

创建者 Anurag P W

May 30, 2017

The course cleared the basics of firm level economics in a very efficient manner

创建者 Emmanouil K

Apr 17, 2017

Great class! Everything is explained in an intuitive manner. Highly recommended!

创建者 Manish D

Jun 07, 2020

The course is good as it is. This helped me recollect the maximum of the charts

创建者 Santiago G M

Jun 02, 2020

Very good course. Proffesor explains very well and it is easily understandable.

创建者 David A G

Apr 29, 2020

Loved this course and loved tuning in to hear Larry teach it. Very good course!

创建者 Yu Y

Feb 24, 2018

A good introduction for many basic concepts on demand and supply. Nice teacher.

创建者 Innocent O

Mar 18, 2019

The course was well understood as the instructor made everything seem so easy

创建者 Janhavi B

Sep 18, 2020

Amazing Course. Prof. Larry DeBRock has wonderfully explained every concept.

创建者 Mohammad E

Jul 13, 2020

Needs more attention from instructors/TAs to the forums. Otherwise, awesome.

创建者 Kanwar S S

Apr 01, 2019

GREAT COURSE. iNSTRUCTOR WAS EXELLENT. GREAT EXPLANTIONS AND GOOD COVERAGE.

创建者 Joel A A R

Jul 15, 2020

Professor was great, all information also great! enjoyed a lot this course

创建者 Subhadeep G

Nov 14, 2019

Very well covered session. Great course to make your Fundamentals strong.

创建者 Woo S L

Sep 12, 2019

The course covered all major components required to understand the topic.

创建者 Olusegun A

Feb 12, 2017

Excellent teacher! Made microeconomics micro easy. Prof. DeBrock rocks!!!

创建者 Daniel T

Mar 25, 2016

Excellent course! High quality video/audio and it is organized very well.

创建者 Danesh D

Sep 12, 2019

Excellent. Very straightforward and simple presentation of the concepts!

创建者 Vusal T K

Feb 07, 2016

Professor is great at explaining complex notions. Very well structured!

创建者 Mustakeem D D

Jul 20, 2020

Very well designed course. Helped me re-learn the basics of economics.

创建者 Andreas A

Jan 19, 2018

Very clearly presented. I like the many intuitions that are provided.

创建者 Ekwuno U J

Jul 06, 2020

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

创建者 Khushi N

Aug 29, 2020

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

创建者 Keith K D

Mar 03, 2019

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