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Learner Reviews & Feedback for Firm Level Economics: Consumer and Producer Behavior by University of Illinois Urbana-Champaign

4.8
stars
2,458 ratings

About the Course

All goods and services are subject to scarcity at some level, which requires that society develop some allocation mechanism to determine who
gets what. Over recorded history, these allocation rules were usually command based, meaning that the king or the emperor would decide. In
contemporary times, most countries have turned to market-based allocation systems. In markets, prices act as rationing devices, encouraging
or discouraging production and encouraging or discouraging consumption to find an equilibrium allocation of resources. To understand this
process, businesses construct demand curves to capture consumer behavior and consider supply curves to capture producer...
...

Top reviews

S

Feb 16, 2020

Larry is one of my all time favorite professors. No one teaches price theory like him. He makes the material entertaining and creates an enjoyable learning experience. I wish he taught more courses.

KS

Sep 11, 2019

This was awesome. I did not know Firm Level Economics when I joined this course. The explanations were simple and Prof DeBrock explained really difficult concepts in a very easy to understand manner.

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476 - 500 of 572 Reviews for Firm Level Economics: Consumer and Producer Behavior

By Ruhim R

Dec 19, 2020

good

By Quang T V

Dec 13, 2020

good

By Selman S

Dec 1, 2020

good

By Nguyen H M S

Oct 27, 2020

Good

By KISLEW A Y H

Oct 24, 2020

nice

By SARANYA M

Oct 1, 2020

Good

By Tuyên L T L

Sep 19, 2020

Good

By Ananthasagaram S

Jul 29, 2020

good

By SIDDIQA R

Jul 27, 2020

Good

By Maheshwari

May 25, 2020

Good

By OSAMAH A Y A

May 19, 2020

good

By Ngo M T

Mar 24, 2020

good

By Phạm T M T

Dec 3, 2019

good

By Vòng N L

Nov 1, 2019

Good

By Chiehlu Y

Feb 8, 2019

Good

By sudindra

Jun 11, 2017

good

By CHEEKATI H V V

Feb 22, 2022

ct

By Abeed M

Dec 22, 2021

,m

By Aman K s

Jan 30, 2021

Na

By Nguyễn V Đ

Oct 14, 2019

ok

By Fazil M A

May 9, 2019

g

By Adler J

Dec 2, 2017

G

By Subrat G

Feb 15, 2017

V

By Kira

Feb 8, 2020

Content was informative and not too difficult, but I do have a lot of Algebra, Geometry, and Calculus background. I didn't like the peer reviews as much. They are fun to do, but waiting for grades from peers gets cumbersome and you usually have to beg for reviews. On top of that, you're too subject to the peer's understanding of the content. On one of the assignments one of the peers clearly had no clue about content, didn't read the professor's criteria for grading, and graded well in the wrong. Fortunately, the lowest scores are dropped. Otherwise, I would've raked the peer over the coals with support. I personally wish they'd drop the peer-reviewed assessments, but still plan on working towards an mba. Some level of calculus required might be good too or at least a middle school refresher of slopes.

By Liz L

Aug 7, 2017

Overall, I thought the course was really well done. I thought the lectures made the material very easy to digest, both in terms of presentation and amount of time allocated to each lecture. I found the additional readings very helpful (except for McAfee). However, I found some of the assignment and quiz questions confusing, in that they did not provide enough detail about what the question was really looking for in terms of a complete answer. Otherwise, I learned a lot and plan on taking the next course in the series.