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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
2,506 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

SS

May 31, 2020

Though being a student in technical field, i was easy for me to become familiar with the subject, as all basics were point to point explained. Larry sir was amazing xD. "I have got the pen"

KS

Jul 26, 2020

Great course that gives you a deep understanding on how the different cost and revenue curves behave. i would especially like to thank the instructor for teaching us. Thank you.

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551 - Firm Level Economics: Consumer and Producer Behavior 的 575 个评论(共 587 个)

创建者 Clare P

May 22, 2016

It is well organized.

创建者 Keron S W

Oct 14, 2020

Thank for knowledge

创建者 Fedor G

Mar 14, 2016

Really good course!

创建者 POOJA V L

Oct 9, 2020

Good to learn more

创建者 Kayphet I

Apr 5, 2021

Wonderful course!

创建者 Harshida K

May 14, 2020

Good course ever.

创建者 ANURAG T

Apr 17, 2021

Happy learning

创建者 Siddharth N

Nov 27, 2020

Great content

创建者 Sunny P

Sep 8, 2024

it was good

创建者 Angel P A

Jul 29, 2020

NICE COURSE

创建者 ERASMO S

Jan 2, 2019

Excelent!!!

创建者 Romain V

Jun 17, 2016

Complex. Bu

创建者 Tackett K

Jul 10, 2022

Intriging

创建者 Anu K D

Nov 6, 2021

wonderful

创建者 597_A_Devesh Y

Oct 28, 2020

amazing

创建者 ROOPA. A

Sep 17, 2020

Helpful

创建者 VAKKALAGADDA V

Mar 8, 2021

GREAT

创建者 Dadi Y L S 2

Dec 8, 2022

good

创建者 Yogesh J

May 2, 2022

GOOD

创建者 LAKKA V K 1

Mar 16, 2021

Good

创建者 K M B 1

Mar 6, 2021

NICE

创建者 Chơn N V

Oct 2, 2020

good

创建者 Hashara D

Jun 27, 2020

good

创建者 Rahul B

Jun 13, 2020

Good

创建者 Waduge P P

May 21, 2020

good