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

4.8
stars
1,167 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

KP

Feb 27, 2019

I really enjoyed this class. My last econ class was in high school, so I was a little worried, but Professor Brock made things easy to understand. Thank you!

RV

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!

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201 - 214 of 214 Reviews for Firm Level Economics: Markets and Allocations

By Prasanth M

•

Sep 4, 2019

Great course work and very nicely explained!

By Eliane D

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Dec 7, 2017

It was good but not simple to understand.

By Karanvir S

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Apr 6, 2025

very helpfull

By Pushpa Y

•

Feb 2, 2024

Excellent

By Kishore K H

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Oct 20, 2024

Good

By T N 3

•

Feb 14, 2021

good

By CHITHRA K

•

Jul 16, 2020

Nice

By male i

•

Nov 24, 2016

GOOD

By Graceston S J D

•

Jun 1, 2025

.

By musa s

•

Jul 16, 2020

I'm very grateful

By Vinayak C

•

Feb 2, 2024

nice

By Romain V

•

Jul 21, 2016

I

By Deborah T

•

Dec 15, 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 20, 2024

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