Firm Level Economics: Consumer and Producer Behavior
Completed by Prince Kumar
December 31, 2024
17 hours (approximately)
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What you will learn
Describe consumer behavior as captured by the demand curve and the supply curve.
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.
Skills you will gain
- Category: Market Dynamics
- Category: Sales Tax
- Category: Resource Allocation
- Category: Economics, Policy, and Social Studies
- Category: Decision Making
- Category: Production Management
- Category: Consumer Behaviour
- Category: Tax
- Category: Business Economics
- Category: Economics
- Category: Supply And Demand
- Category: Profit and Loss (P&L) Management
