Is mastering managerial economics helpful for effective decision-making in the corporate world? Come and learn!
Learn Managerial Economics and apply it in your business
What you’ll learn
- Dives deep into the core concepts of managerial economics..
- Uncover the fundamental principles that drive successful decision-making, backed by real-world examples and cutting-edge research..
- Discover the secrets behind customer behavior and purchasing decisions..
- Dive into demand theory, where we explore the demand curve, price elasticity, and the paradox of positive elasticity..
- Understand how changes in price and market forces impact consumer demand, enabling you to strategize and position your products or services effectively..
- Unleash the power of production theory and learn why businesses should produce..
- Gain insights into economic profit versus accounting profit, economies of scale, and the law of diminishing returns..
- Unlock the potential of optimizing production processes to maximize profitability and gain a competitive edge..
- Navigate the complex world of cost theory and identify the costs that truly matter..
- Master break-even analysis and gain the skills to make informed decisions that align with your organization’s financial goals..
- Say goodbye to uncertainty and hello to strategic cost management..
- Develop a strategic mindset with what-if analysis..
- Explore a captivating case study on expanding a local clothing store and learn how to evaluate different scenarios to make well-informed decisions..
- Harness the power of data and insights to drive your organization toward growth and success..
- Unlock the secrets of pricing theory and discover how to set prices that maximize revenue..
- Dive into profit maximization strategies and gain the ability to make pricing decisions that optimize business performance..
- Go beyond theory and witness economics in practice. Explore auctions, economic fallacies, and game theory, gaining a broader perspective on their real impact..
- Develop a strategic advantage by understanding how these concepts can shape your business strategies..
Course Content
- Introduction –> 3 lectures • 19min.
- What are customers purchasing, according to demand theory? –> 5 lectures • 21min.
- Production Theory: Why should we produce –> 4 lectures • 21min.
- Cost theory: which cost I should worry about now –> 1 lecture • 5min.
- Making Managerial Decisions –> 2 lectures • 6min.
- Pricing theory: Fixing the right price for it –> 1 lecture • 7min.
- Economics in practice –> 3 lectures • 12min.
- Course Summary –> 1 lecture • 5min.
Requirements
Learn Managerial Economics and apply it in your business
Are you ready to take your business skills to the next level? Are you eager to unlock the secrets behind effective decision-making in the corporate world? Look no further! Introducing “Learn Managerial Economics and apply it in your business” the ultimate course designed to equip you with the knowledge and tools you need to succeed in today’s competitive business landscape.
Meet Sarah, a determined entrepreneur faced with numerous challenges in her venture. Join her on a captivating journey through our fictional case study, as we explore the power of managerial economics and how it can transform businesses like hers.
Led by industry experts, this comprehensive course dives deep into the core concepts of managerial economics. You’ll uncover the fundamental principles that drive successful decision-making, backed by real-world examples and cutting-edge research.
Discover the secrets behind customer behavior and purchasing decisions. Dive into demand theory, where we explore the demand curve, price elasticity, and the paradox of positive elasticity. Understand how changes in price and market forces impact consumer demand, enabling you to strategize and position your products or services effectively.
Unleash the power of production theory and learn why businesses should produce. Gain insights into economic profit versus accounting profit, economies of scale, and the law of diminishing returns. Unlock the potential of optimizing production processes to maximize profitability and gain a competitive edge.
Navigate the complex world of cost theory and identify the costs that truly matter. Master break-even analysis and gain the skills to make informed decisions that align with your organization’s financial goals. Say goodbye to uncertainty and hello to strategic cost management.
Develop a strategic mindset with what-if analysis. Explore a captivating case study on expanding a local clothing store and learn how to evaluate different scenarios to make well-informed decisions. Harness the power of data and insights to drive your organization toward growth and success.
Unlock the secrets of pricing theory and discover how to set prices that maximize revenue. Dive into profit maximization strategies and gain the ability to make pricing decisions that optimize business performance. Leave no money on the table and propel your organization toward financial success.
Go beyond theory and witness economics in practice. Explore auctions, economic fallacies, and game theory, gaining a broader perspective on their real-world impact. Develop a strategic advantage by understanding how these concepts can shape your business strategies.
Enroll in “Learn Managerial Economics and apply it in your business” today, and unlock the key to making strategic decisions that drive success.