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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
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1,154 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 鈥渞ations鈥� 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: 鈥� Explain how different market structures result in different resource allocations 鈥� 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 鈥� Evaluate the efficiency of an equilibrium 鈥� Explain when and why the government might intervene with regulatory authority or antitrust litigation to lessen inefficiencies in some markets 鈥� Describe how information problems can cause inefficient outcomes 鈥� Understand externalities and consider optimal government response to these market failures This course is part of Gies College of Business鈥� suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your 糖心vlog官网观看 work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/....

Top reviews

RR

Dec 1, 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 8, 2016

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

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126 - 150 of 210 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 6, 2019

Amazing experience.

By Chris M

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Feb 23, 2018

Larry is the BOMB!!

By Badrinath R

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Feb 8, 2018

really informative.

By Shego A

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Feb 16, 2017

Excellent course!!!

By Ho脿ng H C

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Mar 16, 2020

Very good, Thanks

By ARVIND S

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Aug 22, 2019

Excellent course!

By George H

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Dec 30, 2017

Very good course!

By Lukasz T

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Mar 8, 2020

Fantastic course

By 孝萤谢械谐械薪芯胁 訕 袗

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Apr 25, 2025

袙褋褢 锌芯薪褉邪胁懈谢芯褋褜

By Yeshi W

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Apr 3, 2025

very insightful

By DIPAL R

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Sep 2, 2020

Really awesome.

By KENAZ K J

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Jun 26, 2020

gud experience

By Ray S

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Mar 9, 2020

Amazing course

By Kartikeyan S

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Oct 15, 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 26, 2020

Great course!

By Ameya C

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May 10, 2020

Great Course!

By Diana T

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Feb 19, 2020

Great course!

By Sandeep K

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Oct 7, 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 24, 2020

Great course

By MAYUR B

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Mar 1, 2019

Best Course!