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Learner Reviews & Feedback for Firm Level Economics: Markets and Allocations by University of Illinois at Urbana-Champaign

4.9
stars
966 ratings
182 reviews

About the Course

In markets, prices act as rationing devices, encouraging or discouraging production and consumption to find an equilibrium. In this course, you will learn to construct demand curves to capture consumer behavior and supply curves to capture producer behavior. The resulting equilibrium price “rations” the scarce commodity. Additionally, the course examines the ways in which markets are subject government intervention and the impacts of these interventions. You will be able to: • Explain how different market structures result in different resource allocations • Model the impact of external shocks to a particular market structure and demonstrate the new equilibrium price and quantity after the impact of this external shock has played out • Evaluate the efficiency of an equilibrium • Explain when and why the government might intervene with regulatory authority or antitrust litigation to lessen inefficiencies in some markets • Describe how information problems can cause inefficient outcomes • Understand externalities and consider optimal government response to these market failures This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/....

Top reviews

RR
Nov 30, 2020

Learnt a great deal about Microeconomics! Prof. DeBrock teaches the class with great insights mixing history with everyday situations and issues. Can't say enough good things about this course!

AA
Jun 7, 2016

Awesome instructor, awesome materials and awesome learners. Of course, difficult assignments that I taught me a lot! Thank you Coursera, Dr. Larry and the entire team behind the scene.

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76 - 100 of 173 Reviews for Firm Level Economics: Markets and Allocations

By Vikrant B

Mar 5, 2020

Great professor and teaching. Very useful course.

By Christopher G

Dec 4, 2020

Excellent course by an accomplished professor.

By Lawrence A

Oct 14, 2019

Great course with many real world applications

By Maheshkumar P

Feb 14, 2017

Totally enjoyed this course. Highly recommend.

By A.J S

Sep 8, 2020

Prof. Larry is great in explaining with ease.

By Rahul P

Jul 20, 2020

Larry Debrock is the best teacher so far

By Jay K

Mar 3, 2019

Great class, loved it and learned a lot.

By Dan M

Mar 2, 2018

Fascinating subject matter. Well taught.

By PRIYANKA H

May 8, 2020

Yes it is a good way to learn economics

By Gladys K W

May 7, 2020

so informative and can learning easily!

By Daisy P K

Oct 26, 2020

superb course. well explained lectures

By Vivek B

Mar 2, 2019

Excellent Course, thank you Dr. Larry!

By TheBlue P

Aug 7, 2020

Great course!! Thoroughly enjoyed it.

By Monica B

May 17, 2020

The professor is really exceptional!

By Rajat K

Oct 3, 2019

Prof L is the best. Learned so much.

By Anushree K

Dec 13, 2020

Professor Larry is simply the best!

By Hamada S S

Feb 22, 2019

Great class with great information!

By Andras I

Nov 24, 2019

Just as great as the first course!

By Cezanne P

Mar 21, 2021

Larry is a fantastic instructure.

By Ben J

Jun 14, 2016

Great course! Extremely rewarding

By Damilola O

Jul 12, 2020

Wonderful and insightful lecture

By James S

Mar 3, 2018

Great class and great Professor!

By Ralph K M G

Feb 28, 2018

Excellent course, Prof DeBrock.

By Ahmad U H

Apr 24, 2020

Amazing course and learning.

By paco b

Sep 24, 2020

the best coirse thanks alot