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Back to Firm Level Economics: Markets and Allocations

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

4.9
stars
961 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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51 - 75 of 173 Reviews for Firm Level Economics: Markets and Allocations

By Innocent O

Apr 10, 2019

The instructor was great in delivering the lectures in an easy to understand manner

By Keith K D

Mar 2, 2019

Great course, learned a lot of new stuff and I understand markets much better.

By Joseph C N

Oct 7, 2019

Great lectures and assignments that ensure you learned the material properly.

By Reece A M

Feb 11, 2018

Well taught course with some assignments that allow you to think for yourself

By PIYUSH S

May 8, 2020

Excellent course content with lots of deep learning concepts of economics..

By Arun P R S

Feb 27, 2017

Very interesting lecture videos which makes it a great learning experience.

By KIRK H

Jan 3, 2020

The instructor covered the material in an animated and enthusiastic

By Erwin T

Jun 6, 2020

well presented, documented and clearly explained economics course.

By Paul P A

Mar 6, 2018

Than you professor Larry. I'll miss Larry's tree trimming service.

By Nguyễn l t

Feb 25, 2021

Khóa học rất bổ ích làm tăng thêm phong phú kho kiến thức với tôi

By Frank A

Oct 1, 2019

Larry explains concepts well. Excellent course in pricing theory!

By WEERASINHA M A M W

Jun 15, 2020

Excellent course that really help me to improve my knowledge.

By Myra A H

Dec 10, 2020

This is a great course. I learned a lot from Prof. De Brock.

By Nguyễn N T N

Apr 15, 2016

A great teacher and interesting course ^^ Thank you so much.

By EPHRAIM M

Jan 3, 2018

good course so far. looking forward to the next challenge.

By Pratikshya P

Feb 2, 2021

I loved the course and Larry DeBrock is the best teacher.

By Nicholas J B

Jun 13, 2018

Plenty of detals and examples to help you be sucsessfull!

By Felipe R

Feb 28, 2018

Great course. Learned new ways of looking at the world.

By Charlotta S R

Jul 24, 2016

I loved this course, very interesting and great teacher!

By Bruno C

Sep 24, 2017

I loved the professor, the content and the assignments.

By Ssperea

Apr 29, 2021

Excellent Professor with easy to understand lectures.

By Ahmed N

Jun 17, 2018

Very informative and helps a lot with decision making

By Renato C L T

Nov 20, 2020

Excelente curso, me ayudo a esclarecer muchos temas.

By Ouatatchin K

Oct 8, 2016

An excellent course with very informative content!

By 胡杨帆

Apr 23, 2016

good course to learn something more in the markets