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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English
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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
This course includes:
6 Hours PreRecorded video
14 quizzes
Access on Mobile, Tablet, Desktop
FullTime access
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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
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.
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