Economics for Managers: 01. Exploring Microeconomic Principles
What you'll learn
- Analyze supply and demand dynamics
- Evaluate market structures and their impacts
- Apply economic models to real-world scenarios
- Assess market efficiency and resource allocation
Our Economics for Managers: 01. Exploring Microeconomic Principles course is designed to introduce the fundamental principles of economic theories, models, and tools employed by the government, firms, and other stakeholders to manage the economy. This course aims to assist in understanding how to analyze the labor market, financial market, and global economic issues, such as financial and other crises. We will cover the definition of economy and economics; understanding the difference between macro- and microeconomics; supply and demand; equilibrium; elasticity; market efficiency; monopolies, oligopolies, and monopolies. By the end of this course, you will have broadened your understanding and skill in Economics. Training in this discipline can provide more opportunities for career advancement and allow you to explore some of the career options available in this exciting line of work
Economics for Managers: 01. Exploring Microeconomic Principles is Part 1 of the 5-part extended Economics for Managers series presented by Sentinel|9. It features lecture-style videos, real-world case studies, downloadable materials, and self-knowledge quizzes. Gain excellent skills to help you manage your company and grow professionally by taking this course with others in the series.
