Name: Applied Economics for Managers
Price: 35 USD
Author: Dr. Nurul Mohammad Zayed

<p>The course Applied Economics for Managers teaches in the AMBA program at DIU. It helps the students to make business decisions. It is the concluding part of the economics courses, and it involves the complete course of selecting the most suitable action from two or more alternatives. The primary function is to make the most profitable use of resources that are limited such as labor, capital, land, etc. A manager is very careful while taking decisions as the future is uncertain; he ensures that the best possible plans are made in the most effective manner to achieve the desired objective which is profit maximization and thinking that can last throughout their education and subsequent professional careers. Managerial economics encourages the use of quantitative methods to analyze economic data. Businesses have finite human and financial resources; managerial economic principles can aid management decisions in allocating these resources efficiently and support the government to assist in the development of economic policy. Managerial economics is a discipline that combines economic theory with managerial practice. It helps in covering the gap between the problems of logic and the problems of policy. The subject offers powerful tools and techniques for managerial policy-making. Upon successful completion of the course, the student should be able to take decisions smoothly with regard to the sales and profits of the firms. It also enables us to take decisions about production as well as inventory policies for the future.</p>

Elevate business decision-making with 'Applied Economics for Managers.Optimize profits, allocate resources strategically.Bridge theory to practice.Enroll now!

Applied Economics for Managers

What you will learn

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$ 35

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8 video lessons

1 Quiz

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Skills that are tagged

Economic Data Analysis

Sales and Profit Optimization

Policy Making

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Course Content

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