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Introduction to Managerial Economics by NPTEL

Introduction to Managerial Economics by NPTEL

Offered by Indian Indian Institute of Management Bangalore and NPTEL

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Course Highlights

  • Offered by Indian Institute of Management Bangalore

  • Final score comprises of 25% for weekly assignment and 75% of the weightage for final exam | Eligible for Certificate after scoring minimum 40% in Final Exam

  • Enrollments start from 15 May 2020 | Course conducted by Subhashish Gupta (IIMB alumni)

  • Enroll for free | Pay for Certification Examination

Duration: 42 Days

Mode of learning: Online Classroom

Course Overview

What are the course deliverables ?
  • What you'll learn:

  • How markets work; supply, demand, and market equilibrium

  • Elasticity of supply and demand, taxes, and subsidies

  • Production of goods and services, measures of productivity

  • Making decisions for hiring and spending on infrastructure

  • Opportunity costs, different cost concepts, planning for the future

  • Pricing and selling decisions with different types of competitive pressures

  • Problems with markets and what we can do about it

More about this course
  • A successful manager makes good decisions. To make good decisions, you need to understand the market forces that impact your business and personal life. This is true for managers in large multinationals or small businesses, in non-profit organizations or in the government. Individuals and households also make decisions. They decide on what to learn, where to work, how much to save, where to invest, and what goods to buy, among others. Most modern societies depend on markets to organize economic activity: they are market economies. Many decisions you make as individuals or as managers relate to markets. So, it is important for you to know how markets work and how to make good decisions as a manager or as an individual operating in a market environment. This is what this course will teach you.

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