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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
1,157 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

SY

Oct 9, 2019

Prof. DeBrock is the kind of teacher that can make you excited about a topic you have never looked at before. I hugely enjoyed this course!

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.

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76 - 100 of 211 Reviews for Firm Level Economics: Markets and Allocations

By Dorji N

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May 4, 2025

Helpful for me to understand deeper about firm level.

By Saul S

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Apr 29, 2021

Excellent Professor with easy to understand lectures.

By Ahmed N

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Jun 17, 2018

Very informative and helps a lot with decision making

By RENATO C L T

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Nov 20, 2020

Excelente curso, me ayudo a esclarecer muchos temas.

By Бекенбаев А Е

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May 3, 2025

Курс очень полезен и учит конкретно тому, что нужно

By Priya M

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May 10, 2023

Prof.Larry's teachings via video was mind-blowing!!

By Ouatatchin K

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Oct 8, 2016

An excellent course with very informative content!

By 胡杨帆

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Apr 23, 2016

good course to learn something more in the markets

By Vikrant B

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Mar 5, 2020

Great professor and teaching. Very useful course.

By Christopher G

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Dec 4, 2020

Excellent course by an accomplished professor.

By Lawrence A

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Oct 14, 2019

Great course with many real world applications

By Maheshkumar P

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Feb 14, 2017

Totally enjoyed this course. Highly recommend.

By A.J S

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Sep 8, 2020

Prof. Larry is great in explaining with ease.

By Vipin C K

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Nov 12, 2022

Thoroughly enjoyed reading this course. !

By Rishita P

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Oct 9, 2022

resources allocation on demand and supply

By Rahul P

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Jul 20, 2020

Larry Debrock is the best teacher so far

By Jay K

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Mar 3, 2019

Great class, loved it and learned a lot.

By Dan M

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Mar 2, 2018

Fascinating subject matter. Well taught.

By parveena m

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Sep 26, 2024

FIRM LEVEL ECONOMICS MARKETS USEFUL ME.

By PRIYANKA H

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May 8, 2020

Yes it is a good way to learn economics

By Gladys K W

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May 7, 2020

so informative and can learning easily!

By Daisy P K

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Oct 26, 2020

superb course. well explained lectures

By Vivek B

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Mar 2, 2019

Excellent Course, thank you Dr. Larry!

By Dishant S

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Aug 7, 2020

Great course!! Thoroughly enjoyed it.

By Monica B

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May 17, 2020

The professor is really exceptional!