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Learner Reviews & Feedback for Firm Level Economics: Markets and Allocations by University of Illinois at Urbana-Champaign

4.9
stars
1,035 ratings

About the Course

In markets, prices act as rationing devices, encouraging or discouraging production and consumption to find an equilibrium. In this course, you will learn to construct demand curves to capture consumer behavior and supply curves to capture producer behavior. The resulting equilibrium price “rations” the scarce commodity. Additionally, the course examines the ways in which markets are subject government intervention and the impacts of these interventions. You will be able to: • Explain how different market structures result in different resource allocations • Model the impact of external shocks to a particular market structure and demonstrate the new equilibrium price and quantity after the impact of this external shock has played out • Evaluate the efficiency of an equilibrium • Explain when and why the government might intervene with regulatory authority or antitrust litigation to lessen inefficiencies in some markets • Describe how information problems can cause inefficient outcomes • Understand externalities and consider optimal government response to these market failures 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/....

Top reviews

RR

Nov 30, 2020

Learnt a great deal about Microeconomics! Prof. DeBrock teaches the class with great insights mixing history with everyday situations and issues. Can't say enough good things about this course!

AA

Jun 7, 2016

Awesome instructor, awesome materials and awesome learners. Of course, difficult assignments that I taught me a lot! Thank you Coursera, Dr. Larry and the entire team behind the scene.

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101 - 125 of 183 Reviews for Firm Level Economics: Markets and Allocations

By Damilola O

Oct 1, 2021

Wonderful and insightful lecture

By James S

Mar 3, 2018

Great class and great Professor!

By Ralph K G (

Feb 28, 2018

Excellent course, Prof DeBrock.

By umair h

Apr 24, 2020

Amazing course and learning.

By Suarez

Sep 24, 2020

the best coirse thanks alot

By Muhammed I

Jun 18, 2020

Instructor is awesome...!!!

By Michael O

Mar 2, 2019

Great class and professor!

By AKSA E J

May 29, 2020

This is an amazing course

By Sean R P I

Nov 14, 2020

I learned a lot. Thanks

By MEKALATHURU S

Jun 28, 2020

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By Director S

Apr 25, 2020

well structured course

By Lala F

Apr 25, 2020

Enjoyed every moment!

By Reza S

Dec 15, 2020

I enjoyed the course

By Luca D

Sep 27, 2020

A very useful course

By Beffin S

Sep 22, 2020

The session was good

By Phan T P

Mar 25, 2021

good course to know

By Vidushi G

Jul 5, 2020

very well explained

By Viral S

Oct 5, 2019

Amazing experience.

By Chris M

Feb 22, 2018

Larry is the BOMB!!

By Badrinath R

Feb 7, 2018

really informative.

By Shego A

Feb 16, 2017

Excellent course!!!

By Hoàng H C

Mar 16, 2020

Very good, Thanks

By ARVIND S

Aug 21, 2019

Excellent course!

By George H

Dec 29, 2017

Very good course!

By Lukasz T

Mar 8, 2020

Fantastic course