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Firm Level Economics: Consumer and Producer Behavior

This course is part of Managerial Economics and Business Analysis.

This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Managerial Economics and Business Analysis Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.

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Instructors:

English

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Firm Level Economics: Consumer and Producer Behavior

This course includes

17 Hours

Of Self-paced video lessons

Intermediate Level

Completion Certificate

awarded on course completion

Free course

What you'll learn

  • Understand consumer behavior through demand curve analysis

  • Master supply curve concepts and producer behavior

  • Analyze market equilibrium and price mechanisms

  • Evaluate impact of government intervention and taxes

  • Apply cost theory to business optimization

Skills you'll gain

Economics
Consumer Behavior
Supply and Demand
Cost Analysis
Market Equilibrium
Production Theory
Firm Optimization
Price Theory
Resource Allocation
Elasticity

This course includes:

6 Hours PreRecorded video

14 quizzes

Access on Mobile, Tablet, Desktop

FullTime access

Shareable certificate

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Certificate

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There are 5 modules in this course

This comprehensive course explores the fundamental principles of firm-level economics, focusing on consumer and producer behavior in market economies. Students learn about scarcity, allocation mechanisms, and market equilibrium through detailed examination of demand curves, supply curves, and price mechanisms. The course covers essential topics including government intervention in markets, elasticity, production theory, cost analysis, and firm optimization strategies, providing practical insights for business decision-making.

Course Orientation

Module 1 · 1 Hours to complete

Scarcity, Allocation, and Markets

Module 2 · 3 Hours to complete

Government Intervention in Markets

Module 3 · 3 Hours to complete

Firms, Production, and Costs

Module 4 · 3 Hours to complete

Firm Behavior

Module 5 · 4 Hours to complete

Fee Structure

Individual course purchase is not available - to enroll in this course with a certificate, you need to purchase the complete Professional Certificate Course. For enrollment and detailed fee structure, visit the following: Managerial Economics and Business Analysis

Instructor

Larry DeBrock
Larry DeBrock

4.8 rating

556 Reviews

1,03,245 Students

2 Courses

Professor Emeritus of Finance

Larry DeBrock is a Professor Emeritus of Finance at the University of Illinois Urbana-Champaign's Gies College of Business, where he has made significant contributions to the fields of finance and economics over a distinguished career spanning more than four decades. He earned his BS and MS degrees in Economics from Bradley University and Cornell University, respectively, before completing his Ph.D. in Economics at Cornell in 1980. Throughout his tenure, Professor DeBrock has held various leadership roles, including serving as Dean of the College of Business from 2009 to 2015 and interim dean prior to that.His research interests focus on industrial organization, regulatory issues, and health economics, with a particular emphasis on applied microeconomics. Professor DeBrock has taught courses such as "Firm Level Economics: Consumer and Producer Behavior" and "Firm Level Economics: Markets and Allocations," where he emphasizes the importance of understanding market dynamics and economic principles. His dedication to teaching has earned him numerous accolades, including being named MBA Faculty of the Year multiple times. Through his extensive experience and commitment to education, Larry DeBrock continues to influence the next generation of business leaders and economists.

Firm Level Economics: Consumer and Producer Behavior

This course includes

17 Hours

Of Self-paced video lessons

Intermediate Level

Completion Certificate

awarded on course completion

Free course

Testimonials

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Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.