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Learner Reviews & Feedback for Firm Level Economics: Markets and Allocations by University of Illinois Urbana-Champaign

4.8
stars
1,158 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!

S

Mar 3, 2020

Great course and one the best professors in the business. One day I hope I get a chance to hire Larry's Tree Trimming Service.

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101 - 125 of 211 Reviews for Firm Level Economics: Markets and Allocations

By Rajat K

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Oct 3, 2019

Prof L is the best. Learned so much.

By Anushree K

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Dec 13, 2020

Professor Larry is simply the best!

By Hamada S

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Feb 22, 2019

Great class with great information!

By Jayant P

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Jan 12, 2025

it was a great learning experience

By Andras I

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Nov 24, 2019

Just as great as the first course!

By Tailetha M

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Nov 28, 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 14, 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 3, 2018

Great class and great Professor!

By Ralph K G (

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Feb 28, 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 24, 2020

Amazing course and learning.

By Suarez

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Sep 24, 2020

the best coirse thanks alot

By Muhammed I

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Jun 18, 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 29, 2020

This is an amazing course

By Sean R P I

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Nov 14, 2020

I learned a lot. Thanks

By MEKALATHURU S

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Jun 28, 2020

rmgfkjerptmrtjgidmfpmgf

By Director S

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Apr 25, 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 25, 2021

good course to know