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Managerial Economics

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This course brings together the core elements of Microeconomics and Macroeconomics. We will see how simple insights can be applied to management practice, and obtain a clearer understanding of how economic factors affect company performance.

Course Content

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1. Consumers 5 Topics | 1 Quiz
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Lesson Content
0% Complete 0/5 Steps
The power of incentives
Recognising value
Demand curves slope downwards
Measuring elasticity
Finding consumer surplus
Quiz: Consumers
2. Producers 4 Topics | 1 Quiz
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Noticing costs
Drawing cost curves
Considering scale
Supply curves slope upwards
Quiz: Producers
3. Markets 8 Topics | 1 Quiz
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Lesson Content
0% Complete 0/8 Steps
Price discovery
Comparative statics
Case Study: Quinoa
Market interventions
Shortages
Auctions
Case Study: Dutch flowers
The Winner’s Curse
Quiz: Markets
4. What is Macro? 2 Topics | 1 Quiz
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Understanding GDP
The Emoji Equation
What is macro?
5. Macro policy 7 Topics | 1 Quiz
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Forecasting
Monetary policy
Monetary thermostat
Fiscal policy
Dynamic AD-AS model
Policy advice
Macro perspective
Quiz: Macro policy
6. International economics 3 Topics | 1 Quiz
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Lesson Content
0% Complete 0/3 Steps
Balance of payments
Case study: The Big Mac Index
Credibility
Quiz: International Economics

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