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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 Urbana-Champaign

4.8
stars
1,159 ratings

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

VS

Nov 25, 2020

Professor Larry is exceptional. He has a deep understanding of the subject and an effective teaching style. I am honored to take his course.

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!

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126 - 150 of 211 Reviews for Firm Level Economics: Markets and Allocations

By Vidushi G

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Jul 5, 2020

very well explained

By Viral S

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Oct 5, 2019

Amazing experience.

By Chris M

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Feb 22, 2018

Larry is the BOMB!!

By Badrinath R

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Feb 7, 2018

really informative.

By Shego A

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Feb 16, 2017

Excellent course!!!

By Hoàng H C

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Mar 16, 2020

Very good, Thanks

By ARVIND S

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Aug 21, 2019

Excellent course!

By George H

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Dec 29, 2017

Very good course!

By Lukasz T

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Mar 8, 2020

Fantastic course

By Төлегенов Ә А

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Apr 25, 2025

Всё понравилось

By Yeshi W

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Apr 3, 2025

very insightful

By DIPAL R

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Sep 1, 2020

Really awesome.

By KENAZ K J

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Jun 26, 2020

gud experience

By Ray S

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Mar 8, 2020

Amazing course

By Kartikeyan S

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Oct 14, 2019

Awesome course

By Meena G

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Feb 7, 2019

Great course!!

By Sholpan I

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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

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Feb 18, 2020

Great course!

By Sandeep K

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Oct 6, 2019

Great course.

By Iztok C

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Mar 15, 2016

Great course!

By Dr. P D S

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Aug 2, 2020

Very helpful

By Christian E L R

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Jul 23, 2020

Great course

By MAYUR B

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Mar 1, 2019

Best Course!