Course information

Economics for Managers Course Outline

Module 1: Introduction to Microeconomic Analysis

  • Managers and Economics
  • Demand, Supply, and Equilibrium Prices
  • Demand Elasticities
  • Techniques for Understanding Consumer Demand and Behaviour
  • Production and Cost Analysis in the Short and Long Run
  • Market Structure: Perfect Competition
  • Market Structure: Monopoly and Monopolistic Competition
  • Market Structure: Oligopoly
  • Pricing Strategies for the Firm

Module 2: Macroeconomic Analysis

  • Measuring Macroeconomic Activity
  • Spending by Individuals, Firms, and Governments on Goods and Services
  • Role of Money in the Macro Economy
  • Aggregate Model of the Macro Economy
  • International and Balance of Payments Issues in the Macro Economy

Module 3: Integration of the Frameworks

  • Combining Micro and Macro Analysis for Managerial Decision Making
    • Shifting Product Demand
    • Oligopolistic Behaviour
    • Strategies to Offset Shifting Demand
    • Cost-Cutting Strategies
    • Innovations for Different Tastes
    • Economic and Political Issues

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Who should attend this Economics for Managers Course?

The Economics for Managers Course is tailored for professionals across various sectors who want to enhance their understanding of economic principles and their application in business decision-making. This course is suitable for a wide range of individuals, including:

  • Business Managers
  • Entrepreneurs
  • Financial Analysts
  • Marketing Managers
  • Supply Chain Managers
  • Consultants
  • Sales Managers
  • Policy Analysts

Prerequisites of the Economics for Managers Course

There are no formal prerequisites required for the Economics for Managers Course. However, a basic familiarity with business concepts can be beneficial.

Economics for Managers Course Overview

Economics For Managers Course is designed to equip professionals with key economic concepts that can be applied in real-world business situations. By understanding market dynamics, resource allocation, and economic principles, delegates will be better positioned to make informed strategic decisions and drive business success.

This Economics For Managers Course is ideal for business professionals, managers, and executives looking to enhance their strategic thinking. It helps delegates gain a deep understanding of economic principles, improving their ability to navigate complex business environments and advance in their careers.

This 1 Day course provided by The Knowledge Academy offers practical insights into how economics influences business decisions. It blends theory with practice, ensuring that delegates gain a clear understanding of how to apply economic analysis to solve problems and optimise performance in a managerial role.

Course Objectives

  • Understand basic economic concepts and their application to business
  • Analyse market structures and their impact on strategy
  • Explore decision-making in uncertain economic environments
  • Learn about cost analysis and pricing strategies
  • Understand international economics and its business implications
  • Examine economic policies and their effects on business
  • Apply economic theory to practical managerial challenges

Delegates will be able to confidently apply economic principles to improve strategic decision-making, enhance business performance, and solve complex managerial challenges. They will also develop the skills to critically assess economic trends and adapt their business strategies to maximise opportunities and minimise risks.

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What’s Included in this Economics for Managers Course

  • World-Class Training Sessions from Experienced Instructors
  • Economics For Managers Certificate
  • Digital Delegate Pack

Why choose us

Our Hyderabad venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Hyderabad is situated along the Musi River, and is the capital city of Andhra Pradesh and Telangana. City of pearls as the city is otherwise known, as for its pearl and diamond trading centre, it is the fourth most populated city within India and is home to around 6.8 million people as well as having a metropolitan population of around 7.75 million. The city which was established in 1591 has two main land marks, which are the Golconda and the Charminar which represents the history of Hyderabad. There are eleven universities within Hyderabad, six of which are owned by the state, three are deemed universities and the other two are central universities. The universities and institutions include an English and Foreign Languages University, NIFT Hyderabad, University of Hyderabad, Tata Institute of Social Sciences, Indian School of Business, National Academy of Construction and IIT Hyderabad all of which offer a wide range of different courses. However before students go off to do a degree within technology, construction, social science, engineering or international management, students must complete secondary schools and colleges, which include the Indus world school, Modern High School, St George’s Grammar school, the Meridian school, as well as international schools such as the Chirec International school which offers education from pre-primary to secondary school and offers students the opportunity to gain A and O levels, CBSE, IGCSE and CBSE.

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Address

M.S.Towers, Road No.1 &10, 

500034, 

Hyderabad, 

India

T: +918037244591

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Management Training | Economics For Managers Masterclass in Hyderabad. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Management Training | Economics For Managers Masterclass in Hyderabad, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Management Training | Economics For Managers Masterclass in Hyderabad. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Management Training | Economics For Managers Masterclass in Hyderabad sessions.

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Small class sizes

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Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Management Training | Economics For Managers Masterclass in Hyderabad FAQs

The course focuses on applying economic principles to business decision-making, covering topics such as market structures, pricing strategies, supply and demand, and economic analysis for managerial decisions.
There are no formal prerequisites required for the course. However, a basic familiarity with business concepts can be beneficial.
This course is ideal for Managers, Team Leaders, and Business Professionals who seek to enhance their understanding of economic principles to improve decision-making, strategic planning, and overall business performance.
In this training course, delegates will have intensive training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion.
This Economics For Managers Certification takes 1-day to complete during which delegates participate in intensive learning sessions that cover various course topics.
The Knowledge Academy provides flexible self-paced training for this Economics For Managers Certification. Self-paced training is beneficial for individuals who have an independent learning style and wish to study at their own pace and convenience.
Yes, The Knowledge Academy offers 24/7 support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.
After completing this course, you can pursue roles such as Business Analyst, Financial Manager, Operations Manager, Strategic Planner, or Project Manager, where economic insights drive decision-making and business strategies.
Yes, we provide corporate training for this course, tailored to fit your organisation’s requirements.
If you are unable to access your training, contact the support team at The Knowledge Academy via their customer service email or phone number provided on their website for prompt assistance and resolution of your issue.
Yes, after completing this course you will receive a certificate of completion to validate your achievement and demonstrate your proficiency in the course material.
In this Economics For Managers Training Course, you will learn how to apply economic concepts to business challenges, including market analysis, pricing strategies, cost structures, demand forecasting, and how to make informed decisions to optimise business performance.
The Knowledge Academy in Hyderabad stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this Economics For Managers Training Course.
The training fees for Economics for Managers Coursein Hyderabad starts from INR134995
The Knowledge Academy is the Leading global training provider for Economics for Managers Course.
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Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

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