Managerial Economics: Buyer and Seller Behavior
Learn key concepts in managerial economics, including supply and demand, cost structures, and competitive markets.
Course Cost
Free course
Beginner
Skill Level
34 Hours
Self-paced lessons
Dive into the world of managerial economics with this comprehensive course on buyer and seller behavior. Explore fundamental topics in market analysis, pricing strategies, and economic decision-making. Learn how to apply economic principles to real-world business scenarios, analyze market forces, and make informed managerial decisions. Gain practical skills in understanding supply and demand dynamics, cost structures, and competitive market equilibrium. This course equips you with essential tools for strategic business planning and market analysis.
What you'll learn
Explain the basics of supply and demand curves and their implications for pricing
Characterize variable and fixed costs in business operations
Analyze short-run and long-run equilibria in competitive markets
Construct and interpret supply and demand curves for market analysis
Predict short-run and long-run market prices and firm profitability
Apply game theory concepts to understand strategic business decisions
Evaluate market entry and exit strategies based on economic principles
Interpret market price paths and their implications for business strategy
Skills you'll gain
This course includes:
3.5 Hours PreRecorded video
16 assignments
Access on Mobile, Tablet, Desktop
FullTime access
Shareable certificate
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There are 4 modules in this course
This course provides a comprehensive introduction to managerial economics, focusing on buyer and seller behavior in competitive markets. Students will explore fundamental concepts such as supply and demand curves, variable and fixed costs, and market equilibrium. The curriculum covers short-run and long-run analysis of competitive markets, pricing strategies, and market entry and exit decisions. Through case studies and practical examples, learners will develop skills in economic analysis and forecasting of key market variables. The course emphasizes building economic intuition and understanding various market conditions and forces, preparing students to make informed business decisions in competitive environments.
How the Costs of Doing Business Determine Success and Failure
Module 1 · 13 Hours to complete
From Cost Structures to Market Supply Curves
Module 2 · 10 Hours to complete
The Economic Outcomes of Competitive Markets
Module 3 · 14 Hours to complete
Summative Course Assessment
Module 4 · 3 Hours to complete
Fee Structure
Payment options
Financial Aid
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Faculties
These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.
Frequently asked Questions
Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.






