Featured byCoursera - University of Illinois
Overview
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 Firm Level Economics - Markets and Allocations course offered by from Coursera in partnership with University of Illinois examines the ways in which markets are subject government intervention and the impacts of these interventions.
You will be able to:
- Explain how different market structures result in different resource allocations
- Model the impact of external shocks to a particular market structure and demonstrate the new equilibrium price and quantity after the impact of this external shock has played out
- Evaluate the efficiency of an equilibrium
- Explain when and why the government might intervene with regulatory authority or antitrust litigation to lessen inefficiencies in some markets
- Describe how information problems can cause inefficient outcomes
- Understand externalities and consider optimal government response to these market failures
Get more details
Visit programme websiteProgramme Structure
Courses included:
- Course Orientation
- Perfect Competition
- Monopoly Markets and Efficiency
- Oligopoly and Game Theory
- Market Failures
Check out the full curriculum
Visit programme websiteKey information
Duration
- Part-time
- 1 days
Start dates & application deadlines
You can apply for and start this programme anytime.
Language
English
Delivered
Online
Disciplines
Economics Business Administration Marketing View 262 other Short Courses in Business Administration in United StatesExplore more key information
Visit programme websiteWhat students do after studying
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Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Other requirements
General requirements
- Intermediate level
- Some related experience required
Make sure you meet all requirements
Visit programme websiteTuition Fee
To always see correct tuition fees
-
International
FreeTuition FeeBased on the tuition of 0 USD for the full programme during 1 days. -
National
FreeTuition FeeBased on the tuition of 0 USD for the full programme during 1 days.
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Funding
Coursera provides financial aid to learners who cannot afford the fee. Apply for it by clicking on the Financial Aid link beneath the "Enroll" button on the left. You'll be prompted to complete an application and will be notified if you are approved. You'll need to complete this step for each course in the Specialization, including the Capstone Project.
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