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Certificate in Managerial Economics

Graduate School of Management

Course

Online

£ 36 VAT inc.

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Description

  • Type

    Course

  • Level

    Intermediate

  • Methodology

    Online

  • Class hours

    30h

  • Duration

    Flexible

  • Online campus

    Yes

  • Delivery of study materials

    Yes

  • Support service

    Yes

  • Virtual classes

    Yes

Managerial economics deals with the application of the economic concepts, theories, tools, and methodologies to solve practical problems in a business. It helps the manager in decision making and acts as a link between practice and theory". It is sometimes referred to as business economics and is a branch of economics that applies micro-economic analysis to decision methods of businesses or other management units.

Managerial economics deals with the application of the economic concepts, theories, tools, and methodologies to solve practical problems in a business. It helps the manager in decision making and acts as a link between practice and theory". It is sometimes referred to as business economics and is a branch of economics that applies micro-economic analysis to decision methods of businesses or other management units.

About this course

This course covers most of the topics of managerial economics including micro, macro, and managerial economic relationship; demand forecasting, production and cost analysis, market structure and pricing theory. It will give them an in-depth overview of the major topics of management economics.

Managers in the company who needs to take the decisions and look at the performance of the organisation.

A CPD certificate of completion will be provided by Graduate School of Management upon successful completion of the online course.

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Subjects

  • Market
  • Economics
  • Decision Making
  • Market system
  • Demand Forecasting
  • Cost analysis
  • Capital Budgeting
  • Macroeconomic Aspects
  • Business Cycles
  • Stabilisation

Course programme

Course Curriculum - Managerial Economics

  • Managerial Economics Overview
  • Business Firms & Decisions
  • Economic Analysis & Optimisations
  • Regression Techniques

Demand Forecasting

  • Market System & Equilibrium
  • Demand & Elasticities
  • Demand Forecasting

Production & Cost Analysis

  • Theory of Production
  • Cost & Break Even Analysis

Market Structure & Pricing Theory

  • Market Structure & Pricing Decisions
  • Pricing Strategies

Capital Budgeting

  • Investment Under Certainty
  • Investment Under Uncertainty

Macroeconomic Aspects

  • Macroeconomics Basics
  • Circular Flow Model of Economy
  • National Income & Measurement
  • National Income Determination
  • Modern Theories of Economic Growth
  • Business Cycles & Stabilisation
  • Inflation & ITS Control Measures

See related categories

Certificate in Managerial Economics

£ 36 VAT inc.

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