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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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126 - 150 of 173 Reviews for Firm Level Economics: Markets and Allocations

By Sholpan I

•
Dec 12, 2020

Great course!

By Sergey T

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Oct 25, 2020

Great course!

By Ameya C

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May 10, 2020

Great Course!

By Diana T

•
Feb 18, 2020

Great course!

By Sandeep K

•
Oct 6, 2019

Great course.

By Iztok C

•
Mar 15, 2016

Great course!

By Dr. P D S

•
Aug 2, 2020

Very helpful

By Christian E L R

•
Jul 23, 2020

Great course

By MAYUR B

•
Mar 1, 2019

Best Course!

By Keith M K

•
Oct 24, 2016

Great course

By Muhsina s h

•
Jun 3, 2020

Good course

By Ali A

•
Apr 6, 2020

Nice course

By Wilson P

•
Mar 8, 2020

Love Larry!

By Dang P L K

•
Mar 18, 2021

very good.

By Tong V C

•
Dec 19, 2020

Good jobs

By Atanu D

•
Jun 3, 2020

very good

By Malki B

•
Mar 7, 2020

Excellent

By Sejal R S

•
Oct 20, 2019

Excellent

By Mohamed G

•
Jun 16, 2016

very nice

By FELIX M

•
Mar 29, 2016

EXCELLENT

By Nguyen D H H

•
Jul 23, 2020

Good.!.

By ALAN J M

•
Aug 22, 2020

Great

By Sundus J

•
Nov 16, 2020

good

By S S S V

•
Aug 6, 2020

good

By JALOLIDDIN O

•
Jul 21, 2020

Good

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