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.
- 5 stars88.09%
- 4 stars10.71%
- 3 stars0.89%
- 1 star0.29%
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.
Excellent course and excellent mentor who can really make you to rediscover the economy and love it much more than before. Great thanks.
wonderfull experience to learn about firm level economics with Larry one of the best sir who taught me in a very easy way thank you
Great course taught by a well-experienced Prof Larry Debrock, assisted by an enviable Prof Vlad, who brought a lot dynamism into the course.