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The Indian Institute of Management, Bangalore is offering an open online course on Introduction to Managerial Economics. To join this course, applicants should have knowledge of elementary (10th standard, high school) algebra.
In this six-week course, applicants will learn how markets work; supply, demand and market equilibrium. The course will start on June 30, 2016
Course At A Glance
Length: 6 weeks
Effort: 5-6 hours per week
Subject: Business & Management
Institution: Indian Institute of Management and edX
Price: Free
Certificate Available: Yes. Add a Verified Certificate for $25
Session: Course starts on June 30, 2016
Providers’ Details
The Indian Institute of Management, Bangalore is one of the top management schools in India. They build leaders through holistic, transformative and innovative education. The Institute is known for excellence in both teaching and research, and our alumni are leaders in business, government and civil society across the globe. They collaborate with over a hundred leading management schools in several countries on research initiatives and student and faculty exchange programs. The Financial Times has rated our doctoral program in the top fifty globally. Eduniversal, Paris, has ranked us the best business school in Central Asia.
About This Course
A successful manager makes good decisions. To make good decisions, you need to understand the market forces that impact your business and personal life. This is true for managers in large multinationals or small businesses, in non-profit organizations or in the government. Individuals and households also make decisions. They decide on what to learn, where to work, how much to save, where to invest, and what goods to buy, among others. Most modern societies depend on markets to organize economic activity: they are market economies. A large number of decisions you make as individuals or as managers relate to markets. So it is important for you to know how markets work and how to make good decisions as a manager or as an individual operating in a market environment. This is what this course will teach you.
Why Take This Course?
This is a free online course. This MOOC will be offered with Video Transcripts in English. Applicants can get a verified certificate.
Learning Outcomes
- How markets work; supply, demand and market equilibrium
- Elasticity of supply and demand, taxes and subsidies
- Production of goods and services, measures of productivity
- Making decisions for hiring and spending on infrastructure
- Opportunity costs, different cost concepts, planning for the future
- Pricing and selling decisions with different types of competitive pressures
- Problems with markets and what we can do about it
Instructors
Subhashish Gupta
Subhashish Gupta is an Associate Professor at the Indian Institute of Management Bangalore. He has been teaching Managerial Economics to MBA students and in Executive Education programs for more than 15 years.
Requirements
Basic analytical and logical reasoning skills: the ability to understand and draw simple graphs and knowledge of elementary (10th standard, high school) algebra.
How To Join This Course
- Go to the course website link
- Create an edX account to SignUp
- Choose “Register Now” to get started.
- EdX offers honor code certificates of achievement, verified certificates of achievement, and XSeries certificates of achievement. Currently, verified certificates are only available in some courses.
- Once applicant sign up for a course and activate their account, click on the Log In button on the edx.org homepage and type in their email address and edX password. This will take them to the dashboard, with access to each of their active courses. (Before a course begins, it will be listed on their dashboard but will not yet have a “view course” option.)
via Scholarship Positions 2016 2017 http://ift.tt/1Y7P3eq
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