Firm Level Economics: Consumer and Producer Behavior
Completed by RAMESH MUTUERULAN
May 18, 2025
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: Decision Making
- Category: Profit and Loss (P&L) Management
- Category: Supply And Demand
- Category: Economics
- Category: Business Economics
- Category: Sales Tax
- Category: Economics, Policy, and Social Studies
- Category: Market Dynamics
- Category: Cost Management
- Category: Tax
- Category: Consumer Behaviour
