This is an interesting course for business people especially the retailers who must understand the concept of demand and supply in smooth and successful running of the business. After reading this course, one can get a clear idea about What is Managerial Economics, Principles of Managerial Economics, Classification of Market Structures, Law of Demand, Price Elasticity of Supply & Supply Curve, etc.
Course Content
Course Modules
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Introduction Managerial Economics
03:58 -
Explain What is Managerial Economics
01:12 -
Describe the Purpose of Managerial Economics
11:15 -
Explain the Principles of Managerial Economics
09:34 -
List the Objectives of a Business Firm
00:53 -
Describe the Role of Environmental Analysis in ME
01:56 -
Explain Role of Cost Analysis in ME
02:58 -
Explain the Classification of Market Structures
06:12 -
Explain What is Demand
02:01 -
Explain the Law of Demand
02:09 -
Explain the Why Demand Curve has Negative Slope
05:32 -
List the Exceptions to Law of Demand
05:23 -
Explain Price Elasticity of Supply & Supply Curve
01:23 -
Describe Determinants of Price Elasticity of Supply
08:43 -
Explain How Managers can Apply ME
02:47 -
List the Benefits of Managerial Economics
05:45
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