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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:

201 - Firm Level Economics: Consumer and Producer Behavior 的 225 个评论(共 328 个)

创建者 Vivek B

Feb 04, 2019

Excellent Course, Thank you!

创建者 Ramanna S

Jul 22, 2020

Well designed and delivered

创建者 Joshua F

Dec 02, 2019

Very good start to my iMBA!

创建者 John K Y

Aug 17, 2018

It was a great experience!!

创建者 PRAVEEN K K S J

Aug 10, 2020

it was good to learn here.

创建者 Zabin T

Jun 20, 2020

This course is so helpful.

创建者 Ahmad N T

May 22, 2020

It’s an excellent course

创建者 Debleena D

May 14, 2020

teaching was really good

创建者 Dr M R

Apr 11, 2020

It's an excellent course

创建者 wuxiangting

May 30, 2017

Great basic introduction

创建者 LAXMIKANT M S

Apr 28, 2020

Very informative course

创建者 Anshul S

Jun 11, 2016

Very articulate course

创建者 S A

Jul 06, 2020

Excellent opportunity

创建者 Devanshi J

Jul 02, 2020

It was a great course

创建者 Eliane D

Dec 06, 2017

it's was interesting.

创建者 Ravi K J

May 03, 2020

well structure couse

创建者 Gautham B

Feb 02, 2019

Incredible professor

创建者 Ho T Y V

May 10, 2017

Really useful for me

创建者 Chris K

Feb 15, 2020

excellent professor

创建者 Viral S

Sep 09, 2019

Excellent framework

创建者 Tran T U

Aug 06, 2018

Easy to understand!

创建者 Tiberiu I

Jun 28, 2016

I love the teacher!

创建者 Aziz M P

Jan 24, 2018

Well taught course

创建者 Tran V N T

Mar 14, 2016

I like this course

创建者 NAVYA R

May 29, 2020

It's good course.