Managerial Economics and Business Analysis Specialization

Start Date: 07/12/2020

Course Type: Specialization Course

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About Course

In order to effectively manage and operate a business, managers and leaders need to understand the market characteristics and economic environment they operate in. In this Specialization, you will build a solid understanding of the operation of markets and the macro-economic environment with real-world examples. You will be able to identify firm and country-level economic factors that impact business decisions, develop an analytical framework using statistical tools, and apply economic theory and data in the analysis of business environment and trends to make effective business decisions. The capstone project involves an in-depth analysis of an actual business situation in which you will examine the global economic environment of a business. The final project will be a business plan that uses statistical tools and economic theory to create a comprehensive analysis of the microeconomic and macroeconomic environment in which the focal company operates. This Specialization is part of the University of Illinois Masters of Business Administration degree program, the iMBA. Learn more about the admission into the program here and how your Coursera work can be leveraged if accepted into the program. You can also start with for-credit courses within the Illinois iMBA degree program.

Course Syllabus

Firm Level Economics: Consumer and Producer Behavior
Firm Level Economics: Markets and Allocations
Country Level Economics: Macroeconomic Variables and Markets
Country Level Economics: Policies, Institutions, and Macroeconomic Performance

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Course Introduction

Business Tools for Successful Execution. Apply economic theory and analytical tools to make effective business decisions. Managerial Economics and Business Analysis Specialization This course is a continuation of the specialization that taught you the full extent of the application of the theory in the field of managerial economics and business analysis. The Specialization taught the full extent of the application of the theory in the field of managerial economics and business analysis, including the concepts of managerial motivation, managerial strategy, and bargaining. Now, you’ll have the tools to analyze the same phenomena in a more complete fashion, through an intensive study of a more specific subset of topics. As a result of this specialization’s completion, you will be able to: • Apply a set of market theory perspectives in the area of managerial economics and business analysis • Understand market outcomes in the area of managerial economics and business analysis • Understand market perceptions in the area of managerial economics and business analysis • Participate constructively in negotiations as well as in the market place. • Argue constructively in the market place. • Critique and contrast the efficacy of managerial economic theory and managerial business analysis. • Explain the logic of managerial decision-making in the context of market analysis and negotiationIntroduction Managerial Economics: Market Forces and Market Process Monetary Policy and Markets Monetary Policy and Markets: Rationality and Efficiency Mediation, Conflict Resolution, and Mediation as a Form of Education In addition to the comprehensive

Course Tag

Economics Supply And Demand Statistical Analysis Statistical Hypothesis Testing

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