Chevron Left
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
2,541 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

SN

Feb 3, 2019

Absolutely made me understand firm level economics concepts. Good practice and foundation building.Professor is great and engages will with real life examples and connections.

EO

Jul 6, 2020

It was a very interesting course. The instructor taught really well and all his teachings were very easy to understand. I learnt a number of valuable lessons and skills in this course.

筛选依据:

501 - Firm Level Economics: Consumer and Producer Behavior 的 525 个评论(共 597 个)

创建者 Quang T V

Dec 13, 2020

good

创建者 Selman S

Dec 1, 2020

good

创建者 Nguyen H M S

Oct 27, 2020

Good

创建者 KISLEW A Y H

Oct 24, 2020

nice

创建者 SARANYA M

Oct 1, 2020

Good

创建者 Tuyên L T L

Sep 19, 2020

Good

创建者 Ananthasagaram S

Jul 29, 2020

good

创建者 SIDDIQA R

Jul 27, 2020

Good

创建者 Maheshwari

May 25, 2020

Good

创建者 OSAMAH A Y A

May 19, 2020

good

创建者 Ngo M T

Mar 24, 2020

good

创建者 Phạm T M T

Dec 3, 2019

good

创建者 Vòng N L

Nov 1, 2019

Good

创建者 Chiehlu Y

Feb 8, 2019

Good

创建者 sudindra

Jun 11, 2017

good

创建者 Abeed M

Dec 22, 2021

,m

创建者 Aman K s

Jan 30, 2021

Na

创建者 Nguyễn V Đ

Oct 14, 2019

ok

创建者 Fazil M A

May 9, 2019

g

创建者 Adler J

Dec 2, 2017

G

创建者 Subrat G

Feb 15, 2017

V

创建者 Kira

Feb 8, 2020

Content was informative and not too difficult, but I do have a lot of Algebra, Geometry, and Calculus background. I didn't like the peer reviews as much. They are fun to do, but waiting for grades from peers gets cumbersome and you usually have to beg for reviews. On top of that, you're too subject to the peer's understanding of the content. On one of the assignments one of the peers clearly had no clue about content, didn't read the professor's criteria for grading, and graded well in the wrong. Fortunately, the lowest scores are dropped. Otherwise, I would've raked the peer over the coals with support. I personally wish they'd drop the peer-reviewed assessments, but still plan on working towards an mba. Some level of calculus required might be good too or at least a middle school refresher of slopes.

创建者 Liz L

Aug 7, 2017

Overall, I thought the course was really well done. I thought the lectures made the material very easy to digest, both in terms of presentation and amount of time allocated to each lecture. I found the additional readings very helpful (except for McAfee). However, I found some of the assignment and quiz questions confusing, in that they did not provide enough detail about what the question was really looking for in terms of a complete answer. Otherwise, I learned a lot and plan on taking the next course in the series.

创建者 Melvin P

Sep 26, 2017

A good introduction of microeconomics, but I feel that the content of this course leans towards the theoretical and it didn't have any depth on the various topics (this is coming from someone who studied engineering and took some courses on finance and accounting). I must applaud Prof. Larry DeBrock to be a great lecturer. His enthusiasm and use of real world examples (even if they lacked depth) captured my attention throughout the course.