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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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201 - 211 of 211 Reviews for Firm Level Economics: Markets and Allocations

By Pushpa Y

•

Feb 2, 2024

Excellent

By Kishore K H

•

Oct 20, 2024

Good

By T N 3

•

Feb 14, 2021

good

By CHITHRA K

•

Jul 15, 2020

Nice

By male i

•

Nov 24, 2016

GOOD

By Graceston S J D

•

May 31, 2025

.

By musa s

•

Jul 15, 2020

I'm very grateful

By Vinayak C

•

Feb 2, 2024

nice

By Romain V

•

Jul 20, 2016

I

By Deborah T

•

Dec 14, 2020

Hello Team,

I am enrolled in this course and need to cancel as it is difficult to me to study this course online at this time. Please cancel me out of this course. I cannot find a way to do it on your website.

Sincerely,

Deborah Tymm

By Martha G M

•

Dec 19, 2024

I REVIEWED MORE THAN 10 PEERS AND STILL I CANT ACCESS THE NEXT ASSIGNMENT PLEASE DO THE NEEDFUL AS ITS WASTING MY TIME