Booking options
£43
£43
On-Demand course
14 days
All levels
The aim of the "Managerial Economics and Demand Analys" course is to provide businesses with the tools and techniques to make informed decisions about pricing, production, and resource allocation.
After the successful completion of this lecture, you will be able to:
Understand the Nature and Scope of Managerial Economics.
Understand Optimization Techniques and New Management Tools.
Understand Demand Theory and Price Elasticity of Demand.
Understand Demand Estimation & Demand Forecasting.
Managerial Economics applies economic theory and quantitative methods to solve business problems and optimize decision-making. Demand Analysis and Estimation, in particular, help businesses understand the behaviour of consumers in relation to their products or services. By analyzing consumer demand, businesses can determine the optimal pricing strategy and how to allocate resources to maximize profits.
The aim of Managerial Economics and Demand Analysis is to provide businesses with the tools and techniques to make informed decisions about pricing, production, and resource allocation. Managerial Economics applies economic theory and quantitative methods to solve business problems and optimize decision making. Demand Analysis and Estimation, in particular, helps businesses understand the behavior of consumers in relation to their products or services. By analyzing consumer demand, businesses can determine the optimal pricing strategy and how to allocate resources to maximize profits
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Interacting with Lectures/Learning Components Watch this video to gain further insight.
Introduction to Managerial Economics & Demand Analysis and Estimation Self-paced pre-recorded learning content on this topic.
Managerial Economics and Demand Analysis Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct.
All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details.
There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.
The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience.
CEO, Director, Manager, Supervisor
Business Analyst
Marketing Manager
Sales Manager
Pricing Analyst
Product Manager
Supply Chain Manager
Operations Manager
Financial Analyst
Economist
Management Consultant.
Average Completion Time
2 Weeks
Accreditation
3 CPD Hours
Level
Advanced
Start Time
Anytime
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The Metropolitan School of Business and Management (MSBM) is an Ed-...