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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
1,167 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 26, 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!

SP

Oct 2, 2019

Excellent course to understand basics of economics. Prof DeBrock does a great job of explaining the concepts. Love his energy and enthusiasm

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151 - 175 of 214 Reviews for Firm Level Economics: Markets and Allocations

By Christian E L R

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Jul 23, 2020

Great course

By MAYUR B

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Feb 28, 2019

Best Course!

By Keith M K

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Oct 24, 2016

Great course

By ACHUTH S

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Jul 31, 2025

Exceptional

By Anna L S

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Apr 3, 2025

good course

By Muhsina s h

•

Jun 3, 2020

Good course

By Ali A

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Apr 6, 2020

Nice course

By Wilson P

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Mar 8, 2020

Love Larry!

By Sheeba V

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Sep 27, 2025

Thank you!

By GEETANJALI K

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Mar 18, 2025

gooddddddd

By Dang P L K

•

Mar 18, 2021

very good.

By Balen J

•

May 21, 2022

wonderful

By Tong V C

•

Dec 18, 2020

Good jobs

By Atanu D

•

Jun 3, 2020

very good

By Malki B

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Mar 7, 2020

Excellent

By Sejal S

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Oct 20, 2019

Excellent

By Mohamed G

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Jun 16, 2016

very nice

By FELIX M

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Mar 29, 2016

EXCELLENT

By Saurav M

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Jul 23, 2025

yesss!!!

By Nguyen D H H

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Jul 23, 2020

Good.!.

By SHYAMALA N

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Nov 29, 2025

great!

By Spoorthi S

•

Sep 18, 2024

grate

By ALAN J M

•

Aug 22, 2020

Great

By Vishakha A

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Jul 23, 2025

good

By Malaichamy S

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Jun 7, 2025

Good