Managerial Economics - A Microeconomics Course for Business
Udemy Review
Location
Online(Course Link)
Dates
On Demand
Course Categories
Politics and Economy
Certficate
Yes(Certificate of completion)
Language
English
Course Fees
US Dollar 1028.2 (Check Course Page for Last Price)No. of Attendant
Unlimited
Acquired Skills/Covered Subjects
- A Thorough Understanding of How to Price a Good or Service in the Market Place
- A Thorough Understanding of the Market Structures of Monopoly, Oligopoly, Perfect Competition and Monopolistic Competition
- A Thorough Understanding of the Relationship Between, Costs of Production, Revenue, and Profit
| Provider Name | Udemy |
|---|---|
| Training Areas |
|
| Website | www.udemy.com |
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Managerial Economics, also known as Theory of the Firm, is a course I like to call "Micro-Microeconomics". It is a course that looks at what happens in boardrooms and small businesses all around the world when business owners decide on the price of their products. It's fascinating and complex and simple! Yes, it is all of those things and is heavily dependent on the Market Structure in which the firm functions. Therefore, this is a perfect course for anyone interested in business, whether it be your own small business or wrk a multinational corporation for which you were--the pricing decisions are the same! It's really cool.
Complete with over 60+ video lessons and downloadable notes, the course covers:
An Introduction to the Theory of the Firm
Costs Theory and what it means for the pricing of a product
Revenue Theory and with it means for the pricing of a product
Profit Theory and what it means for the pricing of a product
And then - the combination fo the all three to find the perfect price for a product
The Market Structures of...
Perfect Competition
Monopoly
Monopolistic Competition
Oligopoly
The magic of finding the perfect price for a product based on the Market Structure in which the firm operates
And a love of Economics that I hope is contagious!
