Learn Managerial Economics and apply it in your business
https://FreeCourseWeb.com
Last updated 6/2023
Created by ICMI LEARNING
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Genre: eLearning | Language: English | Duration: 20 Lectures ( 1h 34m ) | Size: 825 MB
Is mastering managerial economics helpful for effective decision-making in the corporate world? Come and learn!
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.
Requirements
A passion for learning new things.
