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Economics for Managers: Strategic Foundations

Master Essential Economic Principles and Tools to Enhance Decision-Making and Drive Success

Created bySentinel |9
BeginnerUpdated Oct 24, 2024

What You'll Learn

  • check_circleHigh-level understanding: Gain a profound grasp of the fundamental principles of economics and international trade, enabling you to perceive the intricate workings of economies on a broader scale.
  • check_circleApplication of economic analysis: Analyze and employ various economic theories, concepts, and tools to address real-world challenges prevalent in relevant industries.
  • check_circleEvaluating complex forces: Assess the multifaceted factors impacting the economic well-being of consumers, producers, and communities within the market system.
  • check_circleResearch and problem-solving: Develop research skills and apply theoretical and practical knowledge of economics to investigate complex issues concerning organizations and countries. Formulate appropriate economic solutions and policies based on your findings.
  • check_circleCritical thinking and synthesis: Enhance your critical thinking abilities by synthesizing information from diverse sources, demonstrating your initiative in consulting academic literature, and presenting outcomes with sound analysis and well-founded recommendations.

About This Course

Welcome to our comprehensive course on Economics! This meticulously crafted program provides a solid foundation in economic theories, models, and tools used by governments, corporations, and stakeholders to effectively manage economies. Throughout the course, you will delve into essential microeconomics and macroeconomics topics, ranging from demand and supply models to cost of production, resource allocation, market structures, and market failures, as well as macroeconomic indicators such as GDP, economic growth, inflation, and unemployment. Additionally, we will explore critical concepts such as monetary and fiscal policy, international trade, labor market analysis, financial market dynamics, and global economic issues, including financial crises.

Upon completing this course, you will be equipped with an expanded knowledge base and enhanced proficiency in economic theory and its application. This discipline enables you to explore exciting professional pathways and presents numerous opportunities for career advancement. Our course employs a combination of engaging lecture videos, real-world case studies, downloadable materials, and self-assessment quizzes to ensure a comprehensive and engaging learning experience.

Embark on this transformative journey to unlock your full potential in the dynamic field of economics. Acquire the expertise required to thrive in roles related to economic management and pave the way for a successful career filled with endless possibilities.

Course Content

5 activities • 48 videos • duration: 1h 56m

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Exploring Microeconomic Principles16 videos • 1 quiz • 39 min
  • videocamDefinition of 'Economy' and 'Economics'
    Duration 3:49
  • videocamEconomics - Theoretical Foundations
    Duration 0:41
  • videocamMacroeconomics & Microeconomics
    Duration 0:48
  • videocamMicroeconomics & Demand and Supply Analysis
    Duration 3:04
  • videocamThe Law of Supply
    Duration 1:09
  • videocamEquilibrium
    Duration 1:06
  • videocamDisequilibrium
    Duration 1:51
  • videocamMarket Efficiency
    Duration 2:03
  • videocamElasticity
    Duration 2:40
  • videocam Factors Affecting Demand Elasticity
    Duration 1:45
  • videocamTotal and Marginal Revenue
    Duration 3:29
  • videocamMarket Structure and Competitive Market
    Duration 3:04
  • videocamMonopoly
    Duration 5:16
  • videocamEfficient and Monopolistic Competition
    Duration 2:50
  • videocamOligopoly and Monopoly
    Duration 4:45
  • videocamMonopsony in the Real World
    Duration 1:30
  • quizKnowledge Quiz
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Understanding Macroeconomic Factors9 videos • 1 quiz • 26 min
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Strategies for Economic Policies & Addressing Market Failures10 videos • 1 quiz • 24 min
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Navigating Exchange Rates & Overcoming Trade Barriers7 videos • 1 quiz • 14 min
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Exploring Diverse Sub-Branches of Economics6 videos • 1 quiz • 11 min

Your Instructor

Sentinel |9

Executive Level Education

menu_book15 courses
star883 reviews

Sentinel|9 provides premier executive-level business courses designed for today's leaders. With a curriculum forged in real-world applicability, our courses emphasize strategic thinking, innovation, and leadership skills. Each program is tailored to equip executives with the tools needed to drive success and adapt to dynamic markets. Our expert faculty comprises seasoned industry leaders and academics, ensuring a blend of practical insights and academic rigor. Sentinel|9 is committed to fostering a network of global professionals, enhancing their capabilities to lead transformative changes and achieve substantial business outcomes. Join us to redefine the boundaries of executive education.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.1 out of 5
Student's Choice
7 reviews

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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