RiseUpp Logo
Educator Logo

Managerial Economics: Buyer and Seller Behavior

Learn key concepts in managerial economics, including supply and demand, cost structures, and competitive markets.

Learn key concepts in managerial economics, including supply and demand, cost structures, and competitive markets.

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.

4.1

(21 ratings)

1,594 already enrolled

English

Tiếng Việt

Powered by

Provider Logo
Managerial Economics: Buyer and Seller Behavior

This course includes

42 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,435

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

Skills you'll gain

Microeconomics
Business Case
Business Strategy
Competitiveness
Market Economics
Supply and Demand
Cost Analysis
Market Equilibrium
Pricing Strategies
Game Theory

This course includes:

3.5 Hours PreRecorded video

16 assignments

Access on Mobile, Tablet, Desktop

FullTime access

Shareable certificate

Closed caption

Get a Completion Certificate

Share your certificate with prospective employers and your professional network on LinkedIn.

Created by

Provided by

Certificate

Top companies offer this course to their employees

Top companies provide this course to enhance their employees' skills, ensuring they excel in handling complex projects and drive organizational success.

icon-0icon-1icon-2icon-3icon-4

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

Instructors

Liad Wagman
Liad Wagman

4.8 rating

9 Reviews

3,088 Students

2 Courses

Distinguished Economist and Academic Leader

Liad Wagman holds the prestigious John and Mae Calamos Dean Endowed Chair and is a professor of economics at the Stuart School of Business at Illinois Tech. He serves as an Academic Affiliate at the Office of Global Services for Law and Economics and has held numerous significant positions, including Senior Economic and Technology Advisor at the Federal Trade Commission’s Office of Policy Planning and Competition Fellow at the Data Catalyst Institute. His academic contributions include roles as a Visiting Associate Professor at Northwestern University's Kellogg School of Management and a Visiting Scholar at Duke University's Economics Department. Additionally, Wagman has been involved in research at the Duke University Computer Science Department and the Social Sciences Research Institute, and he worked at the Center for International Security and Cooperation at Stanford University. He has received several accolades, including the Program for Advanced Study in the Social Sciences Fellowship, the Education and Research Initiative Award, the Institute of Industrial and Systems Engineers Best Paper Award, and the Outstanding Paper Award at the International Conference on Artificial Intelligence.

Priyanka Sharma
Priyanka Sharma

4.8 rating

9 Reviews

3,088 Students

2 Courses

Associate Professor of Economics

Priyanka Sharma is an Associate Professor of Economics at the Illinois Institute of Technology’s Stuart School of Business. She earned her Ph.D. in Economics from Texas A&M University (USA) and holds an M.A. in Economics from the Delhi School of Economics (India) as well as a B.A. (Honors) in Economics from the University of Delhi (India). Her research and teaching interests focus on industrial organization and applied microeconomics.

Managerial Economics: Buyer and Seller Behavior

This course includes

42 Hours

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,435

Testimonials

Testimonials and success stories are a testament to the quality of this program and its impact on your career and learning journey. Be the first to help others make an informed decision by sharing your review of the course.

4.1 course rating

21 ratings

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.