Economics For Managers Course

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Introduction

See the world through the lens of economics and gain the knowledge and skills to craft a successful business strategy Understanding concepts of economics—willingness to pay any price, fixed versus variable costs, economies of scale—is critical to business success. This course starts with the fundamentals of supply and demand—where they come from and why they're central to an understanding of business. You will learn how businesses think about pricing and production and powerful ideas like complements and network effects that firms rely on to generate demand. This course also dives into the functioning of markets, the force of competition, and strategies for differentiation. In the process of exploring these ideas, you will learn how to develop the beginnings of a competitive strategy that will lead to a business thriving over time. Participating in Economics for Managers will allow you to: Analyze the impact of market changes by constructing supply and demand curves Determine a revenue-maximizing pricing strategy using the concept of elasticity Evaluate techniques to learn about or increase demand Perform a relative cost analysis Examine the competitive landscape and market outcomes and forces Assess monopolies, price discrimination, and differentiation The HBS Online Advantage World-class faculty Edge-of-your-seat online learning Global peer collaboration and networking Real-world, case-based learning Harvard Business School Online offers a unique and highly engaging way to learn vital business concepts. Immerse yourself in real challenges faced by a diverse group of finance experts, including Rick Childs, Managing Member of 625 Ground Lessor LLC; Mike Even, former Global CIO for Citigroup Asset Management; Chris Hohn, founder of the Children’s Investment Fund; Henrik Poulsen, Chief Executive Director and Chief Investment Officer of PFA Asset Management; Dwight Scott, President of GSO Capital; Nikos Stathopoulos, Partner at BC Partners and Member of the BC Partners Executive Committee; and Matt Wilson, Co-Portfolio Manager and Managing Director of Oaktree Capital Management. Step into their shoes and wrestle with the same issues they faced, while engaging with fellow learners from around the world.

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About the School

Harvard Business School Online

Harvard Business School Online teaches vital business concepts in a unique and highly engaging way that enables committed learners to transform their careers, their organizations, and their lives.

Harvard Business School Online teaches vital business concepts in a unique and highly engaging way that enables committed learners to transform their careers, their organizations, and their lives. Read less

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Economics For Managers Course

General

Introduction

Ideal Students

Admissions

Scholarships and Funding

Curriculum

Student Testimonials

About the School

Harvard Business School Online

Harvard Business School Online

Ask a Question

General Information

Program Dates

Tuition & Fees

Program Type & Duration

Study Place

Funding

How to Apply

Language

Other