Managerial Economics – Stefan Michel

Unlock Your Potential with the Managerial Economics – Stefan Michel course only $27.00 Original price was: $27.00.$23.00Current price is: $23.00. on CoursesGB!

At CoursesGB, we provide over 60,000 downloadable digital courses designed for your personal and professional growth. Get expert-guided, self-paced learning at an unbeatable value – often over 80% off original prices. The  Managerial Economics – Stefan Michel offers practical insights and proven strategies for all skill levels.

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Managers can use economics to strategize and solve a variety of business problems, from the mundane to the mission critical. In this course, IMD Professor of Strategic Marketing Stefan Michel explains how to use economic theory to answer strategic questions such as…

What are customers buying? (demand theory)

What should we produce? (production theory)

Which costs do I need to worry about now? (cost theory)

What market am I in? (competition theory)

What should we charge for it? (pricing theory)

To understand what managerial economics looks like in practice, Stefan explains how Google’s auction-based advertising system employs the principles of game theory and how understanding this can help decision makers to outmaneuver their competitors.

Topics include:

• Using economics to solve business problems
• Understanding price elasticity
• Demand curve shifts
• Economics of scale vs. scope
• Break-even and what-if analysis
• Profit maximization
• Economics in action

Get Managerial Economics – Stefan Michel, Only Price $27

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Unlock Lifetime Learning and Career Growth with the Managerial Economics – Stefan Michel course only $27.00 Original price was: $27.00.$23.00Current price is: $23.00. at CoursesGB!

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