Firm Level Economics: Consumer and Producer Behavior
Completed by VAIBHAV BHARDWAJ
August 21, 2021
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: Economics, Policy, and Social Studies
- Category: Cost Management
- Category: Market Dynamics
- Category: Sales Tax
- Category: Tax
- Category: Business Economics
- Category: Economics
- Category: Decision Making
- Category: Consumer Behaviour
- Category: Profit and Loss (P&L) Management
- Category: Resource Allocation
- Category: Production Management
