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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
2,482 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

S

Feb 16, 2020

Larry is one of my all time favorite professors. No one teaches price theory like him. He makes the material entertaining and creates an enjoyable learning experience. I wish he taught more courses.

FP

May 12, 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 579 个)

创建者 Viral S

Sep 8, 2019

Excellent framework

创建者 Uyen T

Aug 5, 2018

Easy to understand!

创建者 Tiberiu I

Jun 28, 2016

I love the teacher!

创建者 Dr. U S

May 25, 2022

Excellent approach

创建者 Tuấn P C

Dec 16, 2020

Thank you so much!

创建者 Cindia E L

Aug 20, 2020

A very good course

创建者 jyoti o

Aug 13, 2020

GOOD LEARNING TIME

创建者 Aziz M

Jan 23, 2018

Well taught course

创建者 Tran V N T

Mar 13, 2016

I like this course

创建者 Tran Q K C

Nov 15, 2024

excellence course

创建者 Thảo N T T

Feb 23, 2021

helpful knowledge

创建者 Sinneh T M

Nov 11, 2020

Excellent course!

创建者 VISHAL S

Aug 24, 2020

fantastic content

创建者 NAVYA R

May 29, 2020

It's good course.

创建者 Ryan W C

Feb 10, 2020

Superb professor.

创建者 Xin L

Feb 4, 2020

Wonderful course.

创建者 Surya B

Sep 14, 2019

excellent content

创建者 Frank A

Sep 7, 2019

Excellent course!

创建者 Linda M

Aug 7, 2017

Excellent course!

创建者 Pierre L

Oct 18, 2016

Excellent course.

创建者 Azizli R U

Apr 3, 2021

Thanks Coursera!

创建者 DANDU S S R R 1

Feb 11, 2021

VERY INFORMATIVE

创建者 Edmundo E

Nov 17, 2020

I learned a lot!

创建者 Savitha R

Nov 7, 2020

It's very useful

创建者 Yash M

Sep 25, 2020

Best course evet