Firm Level Economics: Consumer and Producer Behavior
Completed by HOÀNG VĂN CUONG
October 26, 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: Market Dynamics
- Category: Sales Tax
- Category: Decision Making
- Category: Economics, Policy, and Social Studies
- Category: Production Management
- Category: Supply And Demand
- Category: Tax
- Category: Economics
- Category: Business Economics
- Category: Consumer Behaviour
- Category: Profit and Loss (P&L) Management
- Category: Resource Allocation
