Chevron Left
Volver a Firm Level Economics: Consumer and Producer Behavior

Opiniones y comentarios de aprendices correspondientes a Firm Level Economics: Consumer and Producer Behavior por parte de Universidad de Illinois en Urbana-Champaign

4.8
estrellas
2,312 calificaciones

Acerca del Curso

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/....

Principales reseñas

FP

12 de may. de 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

11 de sep. de 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.

Filtrar por:

126 - 150 de 534 revisiones para Firm Level Economics: Consumer and Producer Behavior

por Troy Q

11 de nov. de 2020

por Suraj D

27 de may. de 2020

por Neha N

21 de may. de 2020

por Guilherme C

4 de jun. de 2017

por Ashna

23 de may. de 2020

por German E G T

29 de abr. de 2020

por Deleted A

25 de jun. de 2017

por Maria D D

27 de mar. de 2016

por Doug R

10 de sep. de 2019

por neal c

12 de nov. de 2020

por mujtaba s

5 de jul. de 2019

por Luis F M R

7 de jul. de 2020

por Lorena R

23 de jun. de 2020

por Pedro J M D

19 de abr. de 2020

por Oscar C

13 de feb. de 2020

por Dejan C

21 de ene. de 2019

por Ngo T P M

17 de nov. de 2018

por Shubham P

28 de abr. de 2020

por Getahun K

9 de jun. de 2017

por SHANU C

5 de ago. de 2020

por Rohit M

12 de jul. de 2020

por Priya R

4 de nov. de 2020

por Tam T

11 de sep. de 2019

por Miguel A O E

9 de feb. de 2020

por Arya J K J

3 de ago. de 2020