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Firm Level Economics: Consumer and Producer Behavior(으)로 돌아가기

일리노이대학교 어버너-섐페인캠퍼스의 Firm Level Economics: Consumer and Producer Behavior 학습자 리뷰 및 피드백

4.9
835개의 평가
188개의 리뷰

강좌 소개

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....

최상위 리뷰

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.

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.

필터링 기준:

Firm Level Economics: Consumer and Producer Behavior의 187개 리뷰 중 126~150

교육 기관: Ryan W C

Feb 10, 2020

Superb professor.

교육 기관: EmilyLiu

Feb 04, 2020

Wonderful course.

교육 기관: SURYA S B

Sep 15, 2019

excellent content

교육 기관: Frank A

Sep 07, 2019

Excellent course!

교육 기관: Linda M

Aug 07, 2017

Excellent course!

교육 기관: Pierre L

Oct 18, 2016

Excellent course.

교육 기관: Russell

Feb 10, 2020

Very good course

교육 기관: Anthony C j

Sep 16, 2019

Loved the class!

교육 기관: MT

Nov 17, 2018

excellent course

교육 기관: Libor T

Apr 04, 2017

good recolection

교육 기관: Keith M K

Nov 15, 2016

Great instructor

교육 기관: Christopher C

Jun 01, 2016

Very well done!

교육 기관: krishnath s

Feb 15, 2020

Great course !

교육 기관: Karthik S J

Jan 24, 2020

Great lectures

교육 기관: 王越阳

May 25, 2017

nice professor

교육 기관: Artem A

Sep 06, 2019

Great course!

교육 기관: Meena G

Feb 05, 2019

Great course!

교육 기관: Luis R A

Mar 14, 2017

Great course!

교육 기관: Gerardo A J

Feb 07, 2019

Great course

교육 기관: Hamada S S

Jan 29, 2019

Great Course

교육 기관: Nikolaos P

Mar 04, 2018

Great Course

교육 기관: Phạm V T

Oct 22, 2019

Very well

교육 기관: Vivianne P S R

Mar 23, 2019

Excelente

교육 기관: Renato F M F

Nov 07, 2016

Very good

교육 기관: NKETIAH E

Feb 26, 2019

awesome