Economics of the Marketplace

$79

Designed for Middle and Senior Managers, this comprehensive course in micro-economics introduces the core concepts of market economics, essential for the analysis and interpretation of market conditions and strategic decision making in the business.

Description

Microeconomics focuses on issues that affect individuals and companies. This could mean studying the supply and demand for a specific product, the production that an individual or business is capable of, or the effects of regulations on a business. Microeconomics shows how and why different goods have different values, how individuals make more efficient or more productive decisions, and how individuals best coordinate and cooperate with one another.

Designed for Middle and Senior Managers, this comprehensive course in micro-economics introduces the core concepts of market economics, essential for the analysis and interpretation of market conditions and strategic decision making in the business.

COURSE DETAILS

  • Suitable For: Middle and Senior Managers
  • Course Duration: 20 Hours
  • Access Duration: You will have access to your course for 90 days from date of purchase
  • Certification: Download your Certificate on completion
  • Additional Resources: Download Learners manual, additional articles and worksheets.

COURSE CONTENTS

This course comprises the following lessons:

Lesson 1 – Getting Started

Video – What is Economics?

SECTION 1: CORE CONCEPTS

Lesson 2 – Understanding Economics

Video – Macro versus Micro Economics

Lesson 3 – Supply and Demand

Economics of the Marketplace – Quiz 1

SECTION 2: UNDERSTANDING CONSUMER CHOICE

Lesson 4 – Understanding Elasticity

Video – Elasticity of Demand

Economics of the Marketplace 5 – Consumer Choices 1

Video – What is Consumer Choice

Lesson 6 – Consumer Choices 2

Video – The Income and Substitution Effects

Lesson 7 – Consumer Choices 3

Video – The Labor-Leisure Trade-off

Economics of the Marketplace – Quiz 2

SECTION 3: UNDERSTANDING COMPETITION

Lesson 8 – Perfect Competition

Video – Introduction to Perfect Competition

Lesson 9 – Understanding Monopolies

Video – Introduction to Monopolies

Lesson 10 – Monopolistic Competition 1

Video – Monopolistic Competition

Lesson 11 – Monopolistic Competition 2

Economics of the Marketplace – Quiz 3

SECTION 4: UNDERSTANDING OLIGOPOLY

Lesson 12 – Understanding Oligopolies 1

Video – Oligopolies and Game Theory

Lesson 13 – Understanding Oligopolies 2

Economics of the Marketplace – Quiz 4

Lesson 14 – Wrapping-up

Economics of the Marketplace – Course Evaluation

CERTIFICATION: DOWNLOAD YOUR CPD CERTIFICATE ON COMPLETION