Managerial Economics from the University of Illinois
To be a good manager, you must first grasp your company's market and economic climate. This encompasses global economic trends, factors at the country level, industry characteristics, and even firm-specific factors. This course has been designed to provide you the tools you need to create this comprehensive picture. The course is structured into sections that mostly address macro and microeconomics. Market equilibrium and efficiency, allocations, market structure, external shocks, how information influences markets, government interventions, consumer behavior, elasticity, and other topics are covered.
Topics covered at the macro level include the national and worldwide economic environments, issues and instruments, policies, globalization, government policies, institutions, and so on. There is simply a lot to cover here, and you can anticipate to cover almost everything relevant at some level. Using economics for commercial decision making and predictive statistics are two of the most interesting subjects. This is a novel concept that is not commonly encountered in basic Eco courses. There is also a capstone project to assist you finish your studies.
What you will gain:
- Analyze macroeconomic and microeconomic variables at the firm and country levels.
- Assess market characteristics and firm level behaviors as frameworks for making business decisions.
- Explore asymmetries and externalities as forms of market failure and as best practices for equilibrium outcomes within market structures.
- Create a business plan that requires the application of data analysis tools and interpretations of statistical findings.
Time to Complete: 120-140 hours
Format: Self-paced, fully online
Google rating: 4.7/5.0
Enroll here: coursera.org/specializations/managerial-economics-business-analysis
