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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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101 - 125 of 210 Reviews for Firm Level Economics: Markets and Allocations

By Rajat K

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Oct 4, 2019

Prof L is the best. Learned so much.

By Anushree K

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Dec 14, 2020

Professor Larry is simply the best!

By Hamada S

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Feb 23, 2019

Great class with great information!

By Jayant P

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Jan 13, 2025

it was a great learning experience

By Andras I

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Nov 25, 2019

Just as great as the first course!

By Tailetha M

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Nov 29, 2022

Wonderful course.

Thank you Larry!

By Cezanne P

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Mar 21, 2021

Larry is a fantastic instructure.

By Ben J

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Jun 15, 2016

Great course! Extremely rewarding

By Damilola O

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Oct 1, 2021

Wonderful and insightful lecture

By James S

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Mar 4, 2018

Great class and great Professor!

By Ralph K G (

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Mar 1, 2018

Excellent course, Prof DeBrock.

By Srinivasulu K

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May 26, 2025

Superb and awesom. Most useful

By umair h

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Apr 25, 2020

Amazing course and learning.

By Suarez

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Sep 25, 2020

the best coirse thanks alot

By Muhammed I

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Jun 19, 2020

Instructor is awesome...!!!

By Michael O

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Mar 2, 2019

Great class and professor!

By AKSA E J

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May 30, 2020

This is an amazing course

By Sean R P I

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Nov 15, 2020

I learned a lot. Thanks

By MEKALATHURU S

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Jun 28, 2020

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By Director S

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Apr 26, 2020

well structured course

By Lala F

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Apr 25, 2020

Enjoyed every moment!

By Reza S

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Dec 15, 2020

I enjoyed the course

By Luca D

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Sep 27, 2020

A very useful course

By Beffin S

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Sep 22, 2020

The session was good

By Phan T P

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Mar 26, 2021

good course to know