Managerial Economics – Stefan Michel

Original price was: $24.00.Current price is: $18.00.

Sale

Managerial Economics – Stefan Michel

Original price was: $24.00.Current price is: $18.00.

Salepage: Click HEREArchive:

Languages: English

In this course, IMD Professor of Strategic Marketing Stefan Michel explains how to use economic theory to answer strategic questions such as…

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Managerial Economics – Stefan Michel is a digital course. You can access to learn every time. We can make the most of our free time. Let combining study and work, or balance with daily life becomes much simpler at wecor.site!


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

Purchase the Managerial Economics – Stefan Michel course at the best price at Wecor and unlock a world of knowledge at the best price. Upon completing your purchase, you'll receive instant access to the downloads page, allowing you to download all associated course materials. Additionally, we'll send a download notification email directly to your inbox.

Unlock your full potential with Managerial Economics – Stefan Michel courses. our courses are designed to help you excel.

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