Managerial Economics – Stefan Michel

Description

Buy Managerial Economics – Stefan Michel Course at esyGB. You will have immediate access to the digital downloads in your account or your order email.

Managers can use economics to strategize and solve a variety of business problems, from the mundane to the mission critical. In this course, IMD Professor of Strategic Marketing Stefan Michel explains how to use economic theory to answer strategic questions such as…

What are customers buying? (demand theory)

What should we produce? (production theory)

Which costs do I need to worry about now? (cost theory)

What market am I in? (competition theory)

What should we charge for it? (pricing theory)

To understand what managerial economics looks like in practice, Stefan explains how Google's auction-based advertising system employs the principles of game theory and how understanding this can help decision makers to outmaneuver their competitors.

Topics include:

• Using economics to solve business problems
• Understanding price elasticity
• Demand curve shifts
• Economics of scale vs. scope
• Break-even and what-if analysis
• Profit maximization
• Economics in action

Get Managerial Economics – Stefan Michel, Only Price $27

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Buy the Managerial Economics – Stefan Michel course at the best price at esy[GB]. Upon completing your purchase, you will gain immediate access to the downloads page. Here, you can download all associated files from your order. Additionally, we will send a download notification email to your provided email address.

Unlock your full potential with Managerial Economics – Stefan Michel courses. Our meticulously designed courses are intended to help you excel in your chosen field.

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