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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
1,349 个评分
337 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:

126 - Firm Level Economics: Consumer and Producer Behavior 的 150 个评论(共 328 个)

创建者 Innocent O

Mar 18, 2019

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

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 Keith K D

Mar 03, 2019

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

创建者 TANG F

Jun 11, 2016

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

创建者 Noah M

Feb 27, 2019

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

创建者 Khomotso M

Aug 09, 2016

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

创建者 Raj B

Feb 09, 2019

Excellent course with strong fundamentals and in depth concepts

创建者 Reece A M

Jan 20, 2018

Excellent for those looking for an introduction into economics!

创建者 Joe N

Sep 10, 2019

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

创建者 Pham C K

Sep 14, 2019

Very easy to follow the videos and complete the assignments.

创建者 Bruno A

Feb 13, 2018

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

创建者 Upasna T

Apr 19, 2019

very informative, very smooth teaching techniques. loved it

创建者 Mauricio P B

Jul 05, 2020

Very interesting course. Thanks Professor Larry DeBrock!!

创建者 Iruansi I

Aug 04, 2018

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