Market Equilibrium, Government Policy & Elasticity

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Market Equilibrium, Government Policy & Elasticity

本课程是 Microeconomics Principles 专项课程的一部分

位教师：Dr. José J. Vázquez-Cognet

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2个模块

深入了解一个主题并学习基础知识。

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灵活的计划

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您将学到什么

Surplus & Social Welfare: Applying the concept of surplus to measure the welfare of an economy and use the supply and demand model to illustrate it
Impact of Government Interventions: Understand how government interventions (eg. price controls) impact social welfare using model of supply & demand
Price Elasticity of Demand: Learn how to classify goods based on their price elasticity of demand & predict how changes in price might affect revenue
Analysis of Tax Implications: Use the price elasticity of demand concept to determine the distributional and welfare effects of an excise tax

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作业

2 项作业

授课语言：英语（English）

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本课程是 Microeconomics Principles 专项课程专项课程的一部分

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该课程共有2个模块

Most people make the incorrect assumption that economics is ONLY the study of money. My primary goal in this course is to shatter this belief. During this course, we will be addressing the above questions as well as many more relating to:

-the environment -love and marriage -crime -labor markets -education -politics -sports -business My main goal is to show you the way economists think and how to use this analytical system to answer questions related not only to these and other important human issues but to anything you end up doing with your life after this class. After all, as you will quickly find out, I believe that everything is economics!

Welcome! Last course we introduced the supply and demand model to explain how free markets work. One of the main concepts we learned about free markets was that they tend to gravitate toward an “equilibrium” price and quantity. This module we will use the same conceptual model to answer one important question: Are free markets the best way to distribute society’s resources?

涵盖的内容

10个视频1篇阅读材料1个作业1个讨论话题

10个视频总计67分钟

1.1. Do We Need Silly Products?8分钟
2.1. What is Consumer Surplus?8分钟
2.2. Consumer Surplus and the Demand Curve3分钟
3.1. What is Producer Surplus?4分钟
3.2. Producer Surplus and the Supply Curve3分钟
4.1. Total Surplus: The Graphical Argument for Free Markets9分钟
5.1. Price Ceilings9分钟
5.2. Price Floors11分钟
6.1. Could We Reduce the Shortage of Human Organs?8分钟
6.2. Application: Playoff Tickets and Scalping Laws3分钟

1篇阅读材料总计15分钟

Week 3 Overview15分钟

1个作业总计30分钟

Week 3 Quiz30分钟

1个讨论话题总计60分钟

Week 3 Discussion Questions60分钟

Welcome! This module we will cover one of my favorite economics concepts: elasticity. It is one of my favorites because of how useful it is to analyze policy implications, as well as its usefulness for business managers. This will be obvious to you when you read one of the discussion topics for this module: Should we legalize marijuana?

涵盖的内容

14个视频1篇阅读材料1个作业1个讨论话题

14个视频总计89分钟

1.1. Introduction to Elasticity5分钟
2.1. Definition and Classifying Price Elasticities of Demand10分钟
2.2. Price Elasticity of Demand and Revenue5分钟
2.3. Determinants of Price Elasticity of Demand11分钟
2.4. Price Elasticities of Demand and the Linear Demand Curve6分钟
3.1. Income Elasticity of Demand6分钟
3.2. Cross-Price Elasticity of Demand8分钟
4.1. Definition of Price Elasticity of Supply3分钟
4.2. Determinants of Price Elasticity of Supply3分钟
5.1. Introduction to Per-Unit Taxes5分钟
5.2. The Distributional Effects of Tax13分钟
5.3. Taxes and Surplus4分钟
6.1. Should Black Dog Increase the Price of Their Sandwiches?3分钟
6.2. Other Applications of Price Elasticity9分钟

1篇阅读材料总计15分钟

Week 4 Overview15分钟

1个作业总计30分钟

Week 4 Quiz30分钟

1个讨论话题总计60分钟

Week 4 Discussion Questions60分钟

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位教师

授课教师评分

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Dr. José J. Vázquez-Cognet

University of Illinois Urbana-Champaign

4 门课程204,062 名学生

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University of Illinois Urbana-Champaign

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已于 Dec 24, 2024审阅

Dr Cognet is an amazing professor, by far the best professor. I have done 16 courses from coursera and I am saying for the first time. Brilliant professor.

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