Whilst taking this certificate, you will take an in-depth look at: How Economics affect the management process within a business. The Financial objectives, Market structures, the law of Supply and Demand, Environmental impacts and Cost analysis.
These can apply to many different types of organisation.
Modules
What is Managerial Economics
The purpose of Managerial Economics
Principles of Managerial Economics
Objectives of a company in Business
Environmental Analysis
The role of Cost Analysis
Classification of Market Structures
The Law of Demand
The Law of Supply
Exceptions to the law of Demand
Price elasticity in the law of Supply and Demand
Demand curve has a negative slope?
How managers can apply Managerial Economics
The Benefits of Managerial Economics
On course enrolment
Course content pages, in PowerPoint Slide format, that you can easily print.
Real life examples
High quality info graphics that help you understand content
Full Guidance Support
Awarding Organisation endorsement and Certificate
Eligibility requirements
There are no previous qualifications or experience required for enrolment.
Available to all learners aged 18 or over, from all academic backgrounds.
Basic understanding of English language is required to attend this course.
You’ll need a smart device (PC/Mac/Tablet) with an internet connection.
Course Assessment
This course does not involve any written exams. Learners will be assessed by Multiple Choice Questions (MCQ) and must achieve a minimum of 50% to achieve this qualification.
Course Duration
The course can be completed in a very short time. The pace for the course is set by the learners themselves the course material is downloadable and course registration will be valid for 12 months. Learners can complete the course with complete peace of mind with no pressure at all; they are welcome to take as long or as little as they need within that timescale.
Course Mode
This is a self-study course, learners have 100% freedom to complete the course, at their own pace.
Career path
This course is useful for anyone interested in taking this type of leading role in the decision making for their business, and is applicable to numerous fields. It can also be done as CPD to develop skills in your current job.