Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
This Introduction to Managerial Economics course is a simplified course designed to make it easily understandable to people from all disciplines. The course curriculum dives into the characteristics of a successful manager. The emphasis for this course is to make the learners get a good grasp of the market forces. And understand how the market forces impact businesses and also their personal lives. A complete guide on how modern societies depends on markets for their economies.
This course is an important part of the MBA curriculum. The students of management need to have a good understanding of Introduction to Managerial Economics. This course intends to provide knowledge of the usage of minimum mathematics. This subject is taught in most business schools. It will be highly beneficial to management aspirants. This course is self-paced which means the candidates will be able to access the contents of the course in their own preferred time.
The Introduction to Managerial Economics Training certificate is one of the best features of this course. It is verified by the Indian Institute of Management Bangalore. The Certificate will have the logo of the institute and it will be signed by the instructor of the course. The Certificate is of high value and could be added on all platforms such as Linkedin.
The Highlights
- Online self-paced program
- Video transcripts in English and Hindi
- Shareable Certificate
- Duration of 6 weeks
- Discussion forum
- 3-5 hours of weekly effort
- Verified by IIMBx
- Intermediary level
Programme Offerings
- discussion forum
- Hindi and English video transcripts
- Survey
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| INR 4169 | yes | IIM Bangalore |
For accessing the course the learners will have to pay through online mode. More information in this regard is given below:
- The learners can access the course content in the audit track for free.
- The learners desiring to end the course with a certificate will have to pay Rs. 4,169 in the verified track.
Fee Category | Amount In Rs. |
Certification Cost | Rs. 4,169 |
Eligibility Criteria
Education
The learners enrolled in the Introduction to Managerial Economics course will be assumed to have logical reasoning and analytical skills. The knowledge of 10th standard algebra and graph drawing is also required.
Certification Qualifying details
To qualify for a certificate. They will have to score 50% on the tests to receive a verified certificate.
What you will learn
Introduction to Managerial Economics is a basic and highly recommended topic in the management courses. Most business schools include this course for their students. There are various learning outcomes by enrolling in this course. Some of them are:
- Dealing with customers and understanding their needs and requirements.
- Finding the right products and prices to suit one’s customers.
- Managing costs of the expenditure.
- Learning to properly manage employees.
- Maintaining the quality of the produce.
- Understanding how the market affects an individual's lives as well.
- Learning the co-dependency of the market and modern societies for its growth.
- Keeping up with the competitive approach in the market.
Who it is for
The course is highly recommended for:
- The learners knowing class 10 algebra can apply.
- Learners with logical reasoning skills and basic analytical skills are recommended.
- The learners must also be able to draw and understand simple graphs.
Admission Details
The interested learners follow these steps properly to get admitted flexibly:
Step 1: Browse and click on this URL- https://www.edx.org/course/introduction-to-managerial-economics-2
Step 2: Please register yourself through your email id, Facebook, or Google.
Step 3: Sign in and explore the course content.
Step 4: Enrol through audit track or verified track.
Step 5: The audit track is free of cost. Hence, it is advisable for the learners who are interested in the course more than the certificate.
The Syllabus
- Pre-course survey
- Welcome and introduction
- Navigating edX
- How do societies make choices?
- Getting started
- How do producers sell?
- How do consumers buy?
- Analyzing the mechanism of taxes
- Buying and selling: the equilibrium
- Buyers and sellers surplus
- Elasticity: a measure of responsiveness
- Consequences of government intervention in the market
- Cost
- Production
- Monopoly
- Inefficiency in a market economy
- Introduction to perfect competition
- Perfect competition in the long run
- Overview
- Oligopoly I
- Oligopoly II
- Game theory
- Overview
- Survey
- Course wrap-up
Instructors
IIM Bangalore Frequently Asked Questions (FAQ's)
edX offers refunds to those learners who unenroll before or within 14 days of enrolling for this course.
Introduction to Managerial Economics course is self-paced. The learners will be able to learn in their own time.
The video transcripts will be provided in English and Hindi.
According to edX’s policy, the learners won’t be able to apply for financial assistance if the deadline for upgrading to verified track passes.
This course is self-paced. The learners will be able to learn in their own time. But for completing the course in the given duration, 3-5 hours per week is required.
Yes, edX is a non-profit platform that relies on the verified certificates for its funding. edX’s mission is to provide free education to everyone willing to learn.
edX’s program certificates are usually issued within a week after all the verified certificates for the individual courses in the program are received.
The learners will have to get a total score of 50% or higher to receive a verified certificate.
The learners will have to upgrade the course in the “Upgrade to Verified” tab in the course dashboard.
If the learners are facing any technical issues they can use the “Help” button on the top right corner. For more information regarding different queries, visit the edX Help Center page.