Managerial Economics: Buyer and Seller Behavior
- Offered byCoursera
Managerial Economics: Buyer and Seller Behavior at Coursera Overview
Duration | 37 hours |
Start from | Start Now |
Total fee | Free |
Mode of learning | Online |
Official Website | Explore Free Course  |
Credential | Certificate |
Managerial Economics: Buyer and Seller Behavior at Coursera Highlights
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Managerial Economics: Buyer and Seller Behavior at Coursera Course details
- What you'll learn
- How to explain the basics of supply and demand curves.
- How to characterize variable and fixed costs.
- How to analyze short-run and long-run equilibria in competitive markets.
- Why are markets commonly believed to be the best way of allocating resources and organizing economic activity? This course will answer this critical question while examining its implications for pricing, market entry and exit, short-term and long-term business strategies, and the forecasting of key market variables. The course introduces fundamental topics in the economic analysis of markets, and some of the analytical tools used to study them, as a means to build an economic intuition and fostering an understanding of a variety of market conditions and market forces. After taking this course, you will be able to:
- - Explain the basics of supply and demand curves.
- - Characterize variable and fixed costs.
- - Identify short-run and long-run market exit prices.
- - Construct short-run and long-run supply curves.
- - Construct demand curves.
- - Identify short-run and long-run equilibria in competitive markets.
- - Predict short-run and long-run market prices.
- - Interpret a market price path.
- - Explain firm entry, exit, and profitability in competitive markets.
Managerial Economics: Buyer and Seller Behavior at Coursera Curriculum
Module 1: How the Costs of Doing Business Determine Success and Failure
Instructor Introduction
Introduction to the Course
Program Overview
Module 1 Introduction
Prisoner's Dilemma Video
Economic Lessons from Prisoner's Dilemma
Markets
The Adamantium Industry
Cost Structures
Market Forces
Live Session 1 Nov 2, 2023
Live Session 2 Nov 21, 2023
Syllabus
Economics and Consumer and Producer Surplus
Adamantium Case Study - First Reading
Microeconomics of Costs
Module 1 Summary
Module 1 Summative Assessment Pt.1
Consumer and Producer Surplus Quiz
Adamantium Quiz
Microeconomics of Costs Quiz
Module 1 Summative Assessment Pt.2
Meet and Greet Discussion
Module 2: From Cost Structures to Market Supply Curves
Module 2 Introduction
A Firm's Short-Run Supply
Firm Short-Run Supply Part 2
Firm vs Market Supply Curve (short-run)
Market Short-Run Supply Curve
Using Excel to Plot a Market Short-Run Supply Curve
Profit
Simple Demand Curves
Adamantium Case Study - Second Reading
Economic Profit
Executive Summary of Introductory Economic Concepts
Demand and Supply Shifters
Module 2 Summary
Module 2 Summative Assessment Pt.1
Adamantium and Economic Profit Quiz
Introductory Economic Concepts Quiz
Demand and Supply Shifters Quiz
Module 2 Summative Assessment Pt.2
Module 3: The Economic Outcomes of Competitive Markets
Introduction to Module 3
Entry Price
Entry Price (continued)
Exit Price
The Long-Run Supply Curve
Short Run vs Long Run - Firm
Short Run vs Long Run - Market
Entry Price Example - Real Estate
Example - Short-Run and Long-Run Analysis
Concluding the Case
Interpreting Market Price Path - Oil Industry Example
MBA 702 Live Session Sept 12, 2023
Market Equilibrium
Real Estate Investment
Executive Summary of Cost Concepts
Module 3 Summary
Module 3 Summative Assessment Pt.1
Market Equilibrium Quiz
Real Estate Investment Quiz
Cost Concepts Quiz
Module 3 Summative Assessment Pt.2
Summative Course Assessment
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