Firm Level Economics: Consumer and Producer Behavior
Completed by PRAGYESH BAJPAI
August 7, 2020
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: Resource Allocation
- Category: Sales Tax
- Category: Tax
- Category: Business Economics
- Category: Economics
- Category: Production Management
- Category: Decision Making
- Category: Profit and Loss (P&L) Management
- Category: Consumer Behaviour
- Category: Supply And Demand
- Category: Economics, Policy, and Social Studies
- Category: Market Dynamics
