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.
This course is part of the Managerial Economics and Business Analysis Specialization
About this Course
Skills you will gain
- Game Theory
- Market (Economics)
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Syllabus - What you will learn from this course
Module 1: Perfect Competition
Module 2: Monopoly Markets and Efficiency
Module 3: Oligopoly and Game Theory
Module 4: Market Failures
- 5 stars87.99%
- 4 stars10.82%
- 3 stars0.88%
- 1 star0.29%
TOP REVIEWS FROM FIRM LEVEL ECONOMICS: MARKETS AND ALLOCATIONS
The professor is one of the best for all MOOC I've been enrolled in. Highly recommended course about an interesting topic.
Really liked both courses about Microeconomics.
Another great course from Professor DeBrock. Intuitive and concise, the two Firm Level Economics courses may have been my favorite to date. Thanks, Professor DeBrock!
I found it very interesting and useful. Easy to understand and grade ourselves with flexibility in watching videos. Thank you
The whole course was just amazing with clear and crisp explanation for each and every detail and special thanks to the tutor Prof.Larry DeBrock.
About the Managerial Economics and Business Analysis Specialization
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