Management Training | Economics For Managers Masterclass in Vilnius

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Economics for Managers Course

Vilnius

Become familiar with the role of money and the aggregate model of the macro economy.
Understand the international and balance of payments issues in a macro economy.
Learn how to combine micro and macro analysis for managerial decision making.

Dates & Prices Dates & Prices

Course information

Economics for Managers Masterclass 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

Who should attend this Economics for Managers Masterclass?

The Economics for Managers Masterclass is tailored for professionals across various sectors who want to enhance their understanding of economic principles and their application in business decision-making. This masterclass 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 Masterclass

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

Economics for Managers Masterclass Course Overview

Managerial economics is defined as the branch of economics that deals with employing various concepts, theories, and methodologies of economics to solve practical problems in business management. Managerial economics helps businesses to get solutions for their various problems. It helps professionals and managers determine the benefits' planning and control. Managerial economics also aids to covers the gap between the problems of logic and policy problems. This Economics for Managers Training will enable individuals to drive critical business decisions. Pursuing this Economics for Managers Masterclass training course will help individuals excel in highly reputed jobs with upgraded salaries.

In this 1-day Economics for Managers Masterclass training, delegates will learn how to apply the fundamental concepts of economics to drive critical business decisions and successfully compete in the marketplace. During this training, delegates will learn various topics such as demand, supply, and equilibrium prices, macroeconomic analysis, the role of money in the macro economy, integration of the frameworks, pricing strategies for the firm, etc. Our experienced instructor with years of experience in providing interactive training courses will teach this course and help the delegates to gain the insights required to use Managerial Economics practices to make important business decisions.

They will also learn various such as:

To learn various ways to do Microeconomic analysis
To measure macroeconomic activity effectively
To aggregate model of the macro economy
To understand various roles of money in the macro economy
To Pricing strategies for the firm

At the end of this training, delegates will be able to solve the management problems and determine which economic concepts can be employed to meet their organisational objectives. They will also be able to approach pricing strategy, evaluate market demand, and differentiate offerings, so they can drive critical business decisions and successfully compete in the marketplace.

What’s Included in this Economics for Managers Masterclass

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

Why choose us

Our Vilnius 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.

Vilnius is the largest city and the capital city of Lithuania. It had an estimated population of around 540,000 people. The unemployment rate in Lithuania has remained unchanged throughout 2015. It has stayed at 9.6 percent. Between 1998 and 2015 the unemployment rate averaged 12.02 percent. The rate reached a record national high of 18.3 percent in 2010 and a record low of 4 percent in 2007. The city’s largest and oldest university is the Vilnius University. It has around 23,000 pupils studying under 14 faculties. The university have participated in projects with UNESCO and NATO. They offer Masters programs in English.

Address

Vilniaus g.31,
LT-01402
Vilnius

T: +44 1344 203 999

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 Vilnius. 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.

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Unlock your potential with The Knowledge Academy's Management Training | Economics For Managers Masterclass in Vilnius, 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.

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Experience the most sought-after learning style with The Knowledge Academy's Management Training | Economics For Managers Masterclass in Vilnius. 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 Vilnius sessions.

Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

Great value for money

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

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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.

Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

Maximise your training budget

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

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

Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

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What our customers are saying

Management Training | Economics For Managers Masterclass in Vilnius FAQs

Who is a manager?

A manager is an individual who is responsible for a part of a company, i.e., they 'manage' that company's activities. Managers may be in charge of a department and the people working in a company.

What are the pre-requisites?

There are no formal prerequisites to attend this Economics for Managers Masterclass training.

Who should attend this course?

This Economics for Managers Masterclass training is ideal for anyone who wants to enhance their career prospects as successful managers in prominent organisations.

What are the principles of managerial economics?

Marginal and incremental, equi-marginal, opportunity cost, time perspective, and discounting are the principles of managerial economics.

What are the types of managerial economics?

Liberal, normative, and radical managerialism are three types of managerial economics.

What is the duration of this course?

This course is [ 1 ] day(s)

Why is the knowledge of managerial economics important for business managers?

Managerial economics provides managers with cost control and profit planning methods that help increase business profitability. It plays an influential role in the planning and decision-making management of the internal affairs of the business.

What will I learn in this Economics for Managers Masterclass training?

During this Economics for Managers Masterclass training, you will learn to apply economics concepts to drive critical business decisions and successfully compete in the marketplace. You will also learn concepts like demand, supply, and equilibrium prices, macroeconomic analysis, the role of money in the macro economy, integration of the frameworks, pricing strategies for the firm, and many more topics that will help you become adept in using economics principles.

What is the cost/training fees for Economics for Managers Course in Vilnius?

The training fees for Economics for Managers Coursein Vilnius starts from €1195

Which is the best training institute/provider of Economics for Managers Course in Vilnius?

The Knowledge Academy is the Leading global training provider for Economics for Managers Course.

What are the best Management Courses courses in Vilnius?

Please see our Management Courses courses available in Vilnius

Why choose us

Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

Many delivery methods

Flexible delivery methods are available depending on your learning style.

High quality resources

Resources are included for a comprehensive learning experience.

"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"

Joshua Davies, Thames Water

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