Chevron Left
返回到 Firm Level Economics: Consumer and Producer Behavior

学生对 University of Illinois Urbana-Champaign 提供的 Firm Level Economics: Consumer and Producer Behavior 的评价和反馈

4.8
2,483 个评分

课程概述

All goods and services are subject to scarcity at some level, which requires that society develop some allocation mechanism to determine who gets what. Over recorded history, these allocation rules were usually command based, meaning that 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 to find an equilibrium allocation of resources. To understand this process, businesses construct demand curves to capture consumer behavior and consider supply curves to capture producer behavior. The resulting equilibrium price “rations” the scarce commodity. You will be able to: • Describe consumer behavior as captured by the demand curve and producer behavior as captured by the supply curve • Define equilibrium and 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 Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/....

热门审阅

KS

Jul 26, 2020

Great course that gives you a deep understanding on how the different cost and revenue curves behave. i would especially like to thank the instructor for teaching us. Thank you.

JA

Sep 19, 2020

A background knowledge of microeconomics would most likely help many. The lectures were awesome but acing the quizzes might be difficult for anyone with little foreknowledge in microeconomics.

筛选依据:

326 - Firm Level Economics: Consumer and Producer Behavior 的 350 个评论(共 579 个)

创建者 Ahmad N T

May 22, 2020

It’s an excellent course

创建者 Debaleena D

May 13, 2020

teaching was really good

创建者 Dr M R

Apr 11, 2020

It's an excellent course

创建者 wuxiangting

May 29, 2017

Great basic introduction

创建者 Irvan K

Jul 3, 2024

Professor Larry Rocks !

创建者 Akashkumar S

Apr 26, 2021

all was very intersting

创建者 Khoa N M

Mar 2, 2021

Nice course! Thank you!

创建者 Elgin G

Oct 22, 2020

This course is amazing!

创建者 LAXMIKANT M S

Apr 28, 2020

Very informative course

创建者 Vvv P

Jan 7, 2023

Informative and useful

创建者 Sujisha T

Sep 20, 2020

That's a good learning

创建者 Anshul S

Jun 11, 2016

Very articulate course

创建者 Aashish B

Feb 2, 2022

that's awesome course

创建者 S A

Jul 5, 2020

Excellent opportunity

创建者 Devanshi J

Jul 2, 2020

It was a great course

创建者 Eliane D

Dec 6, 2017

it's was interesting.

创建者 Director S

May 3, 2020

well structure couse

创建者 Gautham B

Feb 2, 2019

Incredible professor

创建者 Vy H

May 10, 2017

Really useful for me

创建者 Bình N V

Mar 3, 2021

Khóa học rất bổ ích

创建者 Trinh M H

Feb 6, 2021

thank you very much

创建者 Miguel N

Feb 1, 2021

Excellent material!

创建者 Brett P

Nov 10, 2020

love the professor!

创建者 Chris K

Feb 15, 2020

excellent professor