Economics for Managers, Certificate

Economics for Managers, Certificate

  • Application Deadline
  • 56 days
    Duration

About

Understanding concepts of economics—willingness to pay and price, fixed versus variable costs, economies of scale—is critical to business success. This Economics for Managers Economics for Managers online course starts with the fundamentals of supply and demand—where they come from and why they're central to an understanding of business. 

You will learn how businesses think about pricing and production and powerful ideas like complements and network effects that firms rely on to generate demand. This course also dives into the functioning of markets, the force of competition, and strategies for differentiation. 

In the process of exploring these ideas, you will learn how to develop the beginnings of a competitive strategy that will lead to a business thriving over time.

Participating in Economics for Managers will allow you to:
  • Analyze the impact of market changes by constructing supply and demand curves
  • Determine a revenue-maximizing pricing strategy using the concept of elasticity
  • Evaluate techniques to learn about or increase demand
  • Perform a relative cost analysis
  • Examine the competitive landscape and market outcomes and forces
  • Assess monopolies, price discrimination, and differentiation

The HBX Learning Model centers around the Harvard Business School case method, featuring interviews with business leaders and executives from companies around the world who candidly discuss challenges they've faced or obstacles they've overcome. We ask you to step into their shoes and engage with your peers to work through these real-world business scenarios.

Detailed Programme Facts

  • More details:

    It is free to apply and applications are reviewed and accepted on a rolling basis, so early application is encouraged. 

  • Programme intensity Part-time
    • Average part-time duration 56 days
    • Part-time variant
      Flexible
    • Duration description

      Approximately 60 hours of material delivered over an eight-week period with a flexible program structure.

  • Languages
    • English
  • Delivery mode
    Online

Programme Structure

Economics of Managers consists of approximately 60 hours of material developed by Professor Bharat Anand and delivered over an eight-week period with a flexible program structure. 

You complete the coursework, which consists of a highly engaging mix of short videos, multimedia cases, interactive learning exercises, and written reflections, on your own time while meeting regular deadlines. 

All course material is delivered through the innovative HBX online platform. While there is no direct real-time interaction with the faculty built into the course, current and former participants may be invited to special events, both on and off-line, where HBX faculty are present.

Topics covered include:
  • Demand & Supply
  • Suppliers & Cost
  • Markets
  • Competition & Differentiation

Audience

Economics for Managers is intended for individuals at all stages of their careers—college students and recent graduates, those considering an MBA or other graduate program who would like to prepare for the classroom, or professionals looking to contribute more to business discussions and decision-making.

Lecturers

Professor Bharat N. Anand is an expert in digital and corporate strategy. He has studied how new technologies affect what we watch, read, and hear, and how companies navigate digital change. His book The Content Trap: A Strategist’s Guide to Digital Change was released in 2016. 

English Language Requirements

This programme requires students to demonstrate proficiency in English.

Academic Requirements

Successful applicants will demonstrate a desire to contribute to the vibrant HBX learning community. The application is free and should take approximately 10 minutes to complete. 

All applicants must be 18 years of age and demonstrate proficiency in English.

Tuition Fee

  • International Applies to you

    1500 USD/full
    Tuition Fee
    Based on the original amount of 1500 USD for the full programme and a duration of 56 days.
  • National Applies to you

    1500 USD/full
    Tuition Fee
    Based on the original amount of 1500 USD for the full programme and a duration of 56 days.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Funding

US citizens currently enrolled in an undergraduate or graduate degree program may qualify for institutional need-based scholarships.

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.