Firm Level Economics: Consumer and Producer Behavior
Completed by NIKOLAOS NIKOLAIDIS
August 31, 2019
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: Decision Making
- Category: Profit and Loss (P&L) Management
- Category: Resource Allocation
- Category: Sales Tax
- Category: Market Dynamics
- Category: Production Management
- Category: Consumer Behaviour
- Category: Tax
- Category: Business Economics
- Category: Economics
- Category: Supply And Demand
