Managerial Economics – Effective Business Decisionmaking

Managerial Economics – Effective Business Decisionmaking, available at $59.99, has an average rating of 4.45, with 45 lectures, 4 quizzes, based on 168 reviews, and has 718 subscribers.

You will learn about Evaluate business decisions from an economic perspective Analyze the behavior of companies in the marketplace Comprehend core concepts in managerial economics Formulate and recommend business decisions This course is ideal for individuals who are Managers that aspire to make informed business decisions or Business students who want to master the essential concepts of managerial economics or Intermediate microeconomics students. This is not a beginner's course. It is particularly useful for Managers that aspire to make informed business decisions or Business students who want to master the essential concepts of managerial economics or Intermediate microeconomics students. This is not a beginner's course.

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Summary

Title: Managerial Economics – Effective Business Decisionmaking

Price: $59.99

Average Rating: 4.45

Number of Lectures: 45

Number of Quizzes: 4

Number of Published Lectures: 45

Number of Published Quizzes: 4

Number of Curriculum Items: 49

Number of Published Curriculum Objects: 49

Original Price: $94.99

Quality Status: approved

Status: Live

What You Will Learn

Evaluate business decisions from an economic perspective
Analyze the behavior of companies in the marketplace
Comprehend core concepts in managerial economics
Formulate and recommend business decisions

Who Should Attend

Managers that aspire to make informed business decisions
Business students who want to master the essential concepts of managerial economics
Intermediate microeconomics students. This is not a beginner's course.

Target Audiences

Managers that aspire to make informed business decisions
Business students who want to master the essential concepts of managerial economics
Intermediate microeconomics students. This is not a beginner's course.

Welcome!

Managerial Economics is a field of Economics that analyzes business decisions. Managerial Economics allows business owners to answer the questions “How much should I produce?” and “What price should I charge?”. However, there is much more to Managerial Economics than simply determining the optimum price and quantity that a firm should produce. Managerial Economics also allows us to determine how our business will be affected by changes in the production of other businesses. It allows us to predict the impact that certain government legislation will have on our business. This course will examine business decisions from both the perspective of the supplier and the consumer.

Topics Covered

Market Equilibrium
Price Controls
Law of Supply and Demand
Indifference Curves and Budget Constraints
Elasticity of Demand
Isoquant and Isocost Curves
Minimizing Cost of Production
Market Structure
Pricing Strategies
Benefits of Mergers
Employee Incentives
Time Value of Money

About the Instructor

Robert Reed is a current Masters of Business Administration candidate and veteran with four years of service in the 82nd Airborne Division of the United States Army. He holds a B.A. in Economics and has served as a student tutor for three years.

*This course is not intended to give any specific business advice or investment advice, but rather represents an introduction to Managerial Economics that is designed to help you better understand the key concepts. *

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: Fundamental Terms

Lecture 3: Time Value of Money

Lecture 4: Project Profitability Index

Lecture 5: Value of Perpetuity

Chapter 2: Supply and Demand

Lecture 1: Introduction to Supply and Demand

Lecture 2: Demand Function

Lecture 3: Consumer Surplus

Lecture 4: Law of Supply

Lecture 5: Market Equilibrium

Lecture 6: Equilibrium Analysis Continued

Lecture 7: Price Ceiling

Lecture 8: Price Floor

Chapter 3: Analyzing Demand

Lecture 1: Introduction to Demand

Lecture 2: Elasticity of Demand

Lecture 3: Deriving Elasticity of Demand

Lecture 4: Cross Price Elasticity

Lecture 5: Deriving the Demand Function

Lecture 6: Interpreting Regression Output

Lecture 7: Indifference Curves

Lecture 8: Budget Constraints

Lecture 9: Consumer Satisfaction

Chapter 4: Production

Lecture 1: Introduction to Supply

Lecture 2: Introduction to Production

Lecture 3: Practical Example: Break Even Point

Lecture 4: Introduction to Production Function

Lecture 5: Optimal Inputs

Lecture 6: Isoquant

Lecture 7: Isocost

Lecture 8: Cost Minimizing Input

Lecture 9: Cobb-Dougals Production Function

Chapter 5: Market Structure

Lecture 1: Introduction to Market Structure

Lecture 2: Perfect Competition

Lecture 3: Monopoly

Lecture 4: Lerner and Rothschild Index

Lecture 5: Market Concentration

Lecture 6: Monopolistic Competition

Lecture 7: Oligopoly

Lecture 8: Price Discrimination

Chapter 6: Firm Organization and Strategy

Lecture 1: Introduction to Organization and Strategy

Lecture 2: Integration

Lecture 3: Vertical Integration and the Cost of Inputs

Lecture 4: Incentives for Performance

Lecture 5: The Shutdown Rule

Chapter 7: Summary

Lecture 1: Closing Remarks

Instructors

Robert Lee Reed (MBA)
Cryptocurrency Blogger and Educator

Rating Distribution

1 stars: 0 votes
2 stars: 2 votes
3 stars: 23 votes
4 stars: 48 votes
5 stars: 95 votes

Frequently Asked Questions

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