An introduction to Microeconomics and its impact on managerial decision making in today’s business world.
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What you need before starting this Introduction to Managerial Economics course:
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This course is designed for absolute beginners. No prior knowledge needed.
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Everything you need to know about this online course, from duration to certification
A successful manager makes good decisions. To make good decisions, you need to understand the market forces that impact your business and personal life. This is true for managers in large multinationals or small businesses, in non-profit organizations or in the government. Individuals and households also make decisions. They decide on what to learn, where to work, how much to save, where to invest, and what goods to buy, among others. Most modern societies depend on markets to organize economic activity: they are market economies. A large number of decisions you make as individuals or as managers relate to markets. So it is important for you to know how markets work and how to make good decisions as a manager or as an individual operating in a market environment. This is what this course will teach you. Most business schools have a course on Managerial Economics as part of the MBA curriculum. Exposure to Economics is essential for all students of management. This course will provide a simple introduction to Managerial Economics and use minimum mathematics.
Difficulty Level
Intermediate
Some foundational knowledge required
Subject Category
Business & Management, Economics & Finance
Part of our Business & Management, Economics & Finance curriculum
Course Language
English
All materials in English
This online course offers comprehensive training with expert instruction, practical exercises, and a certificate of completion. Join thousands of students advancing their careers through quality online education.
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Investment around $50
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