Managerial Economics - Effective Business Decisionmaking
h264, yuv420p, 1280x720 |ENGLISH, aac, 44100 Hz, Stereo | 3h 40mn | 1.57 GB
Learn How Businesses Apply Economic Principles to Formulate Effective Decisions
What you'll 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
Requirements
Access to a computer
Knowledge of college level mathematics / basic calculus
Description
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.
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