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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
2,541 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:

526 - Firm Level Economics: Consumer and Producer Behavior 的 550 个评论(共 597 个)

创建者 Daniel K O

Jun 15, 2018

Larry does a great job explaining concepts and making them relatable to every day life. The occasional "field trips" give a real world perspective on how economics plays a hand everyday in the world around us. The only issue comes in the peer reviews where you can end up on the short end of the stick and not have anyone review your assignments for the week at all.

创建者 Andre A M

Oct 27, 2020

Doesn't cover Consumer Theory where you optimize using budget constraints, doesn't cover Producer Theory isoquants and isocosts, most concepts are intuitively and theoretically explained through generic graphs. Okay if you are required to take it for the iMBA only, but not a complete course per se as in "regular" microeconomics courses.

创建者 John S

Feb 28, 2019

Peer review took awhile for Module #4, alittle stressful as the deadline looms. Not a infrastructure issue, even emails to individuals were barely successful, need to improve on my part to do it earlier or how to influence peer reviews.

创建者 Bruno J L A S

Jun 20, 2016

I really enjoyed this course and definitely recommend it. The instructor was great. I am removing one star because I feel that it needs a little bit more of real problem solving and a small amount more of mathematical derivations.

创建者 Adeyinka O

May 1, 2023

The content is deep, and the presentation is clear and practical. I have a better understanding of concepts and principles encountered in some previous classes both at undergraduate and graduate level.

创建者 JOHN A

Sep 20, 2020

A background knowledge of microeconomics would most likely help many. The lectures were awesome but acing the quizzes might be difficult for anyone with little foreknowledge in microeconomics.

创建者 P. N K

Jul 10, 2020

Everything is fine but regarding my economics subject, where i got some lagg while understanding because somewhat the examples are varies from one country to another country.

创建者 Sanne S

Jan 4, 2018

Really liked this course. Only thing I'd wish to change would be to get an explanation of the answers to the assignments after they've been reviewed by the other peers.

创建者 Yash S M

Jul 28, 2020

Excellent for beginners. Four modules basically cover all the basics needed to understand economics specially at Firm level when its a short run scenario.

创建者 Gautam R

Feb 10, 2016

Please unlock case solutions in advance so we can assess our peers correctly

Otherwise great class with great references to other videos as well

创建者 Юрко П П

May 23, 2020

Great course. Learned more new information that I need. One problem, for some reason I finished the course, but certificate isn't given to me.

创建者 Eric L

Mar 8, 2019

Very interesting material and well-delivered and understandable / accessible. Not entirely sure of it's real-world applicability just yet.

创建者 SUMIT M

Aug 4, 2020

It was a wonderful journey of knowing the basics of economics and understanding the concepts of economic

创建者 PATRICIA N

Sep 8, 2020

this was my first time taking an economics course. it was difficult to understand the curves concept

创建者 Aya M E

Jul 25, 2020

hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

创建者 Jacques P

Dec 8, 2018

Nice warm up module for further analysis of consumer and producer behavior.

创建者 SONIKA S

Sep 24, 2020

Such a good platform to to learn more . Thank you for your teaching.

创建者 ADVAIDH S N

Apr 26, 2025

Very resourceful. Helps you grasp the basic concepts of economics.

创建者 HAWK R

May 10, 2020

Good course. Imperative to take notes and review transcript.

创建者 adwoa a

Apr 23, 2021

It was a tough course but worth studying. Thanks Coursera

创建者 Ed V

Feb 17, 2020

module 4 needs a little bit more work for extra clarity.

创建者 SAILI S S

Sep 23, 2023

It was an overall great learning experience.

创建者 Ali G

Nov 16, 2020

I like the way Dr. Larry teach this class

创建者 Roy W

Sep 9, 2019

Need more video examples of problems.