Firm Level Economics: Consumer and Producer Behavior
Completed by Sumit Kumar
December 13, 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: Economics
- Category: Supply And Demand
- Category: Tax
- Category: Financial Policy
- Category: Production Management
- Category: Market Dynamics
- Category: Decision Making
- Category: Business Economics
- Category: Resource Allocation
- Category: Cost Management
- Category: Profit and Loss (P&L) Management
- Category: Consumer Behaviour
