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Вернуться к Firm Level Economics: Markets and Allocations

Отзывы учащихся о курсе Firm Level Economics: Markets and Allocations от партнера Иллинойсский университет в Урбане-Шампейне

4.9
Оценки: 474
Рецензии: 82

О курсе

In this class, we will derive equilibrium outcomes across a variety of market structures. We will begin by understanding equilibrium under a market structure called Perfect Competition, a benchmark construction. Economists have tools to measure the efficiency of market outcomes. We next consider the polar extreme of a competitive market: a monopoly market. We will determine the monopoly equilibrium price and quantity and efficiency properties. Much economic activity takes place in markets with just a handful of very large producers. To understand equilibrium in these oligopoly markets requires more careful attention to strategic interdependence. To capture this interdependence, we consider collusive arrangements among a small number of rivals as well as the use of simple game theoretic techniques to model equilibrium. Market Failure describes situations where markets fail to find the efficient outcome. Information asymmetries are one fertile form of market failure. Another form of market failure occurs when externalities are present. We will examine one key externality, pollution, and construct a policy prescription to mitigate the negative efficiency impacts of this externality. Upon successful completion of this course, 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. Different market structures produce different levels of efficiency. • 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 the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu....

Лучшие рецензии

AA

Jun 08, 2016

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

LD

Mar 07, 2018

Prof. Larry DeBrock makes very complicated concepts seem simple and understandable. He shows how to apply the concept to contemporary relevant issues. I sincerely loved this class.

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1–25 из 78 отзывов о курсе Firm Level Economics: Markets and Allocations

автор: Joe F

Mar 05, 2019

Professor DeBrock made the class very interesting with great real-world examples. I feel that I have learned so much from this class that I will carry with me throughout my career.

автор: Abdelrahman K A

Jun 08, 2016

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

автор: Meena G

Feb 07, 2019

Great course!!

автор: Hamada S S

Feb 22, 2019

Great class with great information!

автор: Keith K D

Mar 02, 2019

Great course, learned a lot of new stuff and I understand markets much better.

автор: Michael O

Mar 02, 2019

Great class and professor!

автор: Innocent O

Apr 10, 2019

The instructor was great in delivering the lectures in an easy to understand manner

автор: Luz K

Mar 06, 2019

The professor made it very easy to learn and he retained my attention the entire time. Great Professor!

автор: Jerry D

Mar 04, 2018

I found this thorough to be quite thorough and informative. I enjoy professor DeBrock's teaching style, and the assignments were a great way to implement what we learned through the lectures. I highly recommend it to anyone seeking to enhance their knowledge of Microeconomics.

автор: Rushi K V

Mar 23, 2016

I like this professor and he taught beautifully even in Producer and Consumer behavior, the prequel course in this specialization. High expectations from this course!

автор: Maheshkumar P

Feb 15, 2017

Totally enjoyed this course. Highly recommend.

автор: Paul P A

Mar 06, 2018

Than you professor Larry. I'll miss Larry's tree trimming service.

автор: Arun P R S

Feb 27, 2017

Very interesting lecture videos which makes it a great learning experience.

автор: Iztok C

Mar 15, 2016

Great course!

автор: Ben

Jun 14, 2016

Great course! Extremely rewarding

автор: syedzainaliraza

Aug 08, 2016

Its an excellent course. Many difficult concepts have been explained in plain language with good examples.

автор: Emmanouil K

May 20, 2017

A fantastic course! Professor DeBrock's teaching style is excellent. Highly recommended!

автор: Anurag P

Mar 01, 2016

i have done the previous course in the series , this is absolutely a delight for a student .

автор: Ibrahim N

Jul 15, 2016

Excellent course and excellent mentor who can really make you to rediscover the economy and love it much more than before. Great thanks.

автор: Ahmed N R

Jun 17, 2018

Very informative and helps a lot with decision making

автор: Martin C

Mar 09, 2016

Another great course! This is the 2nd of the specialization and I just love how the prof., Larry DeBrock, explains things. With real life examples, he makes it easy to understand and apply to everyday-life. Really great course! Highly recommended!

автор: EPHRAIM M

Jan 04, 2018

good course so far. looking forward to the next challenge.

автор: Laleen D

Mar 07, 2018

Prof. Larry DeBrock makes very complicated concepts seem simple and understandable. He shows how to apply the concept to contemporary relevant issues. I sincerely loved this class.

автор: Badrinath R

Feb 08, 2018

really informative.

автор: Jackie P

Mar 03, 2018

Larry DeBrock is a fantastic professor. He breaks down concepts into consumable portions and offers real-life scenarios to keep it interesting. He changed microeconomics for me!