Introduction to Managerial Economics

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9/10 stars
based on  32 reviews
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FREE,
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edX online courses
Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with edX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be tau...
Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with edX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be taught by David J. Malan, a senior lecturer on computer science at Harvard University for the School of Engineering and Applied Sciences. But there's not just one professor - you have access to the entire teaching staff, allowing you to receive feedback on assignments straight from the experts. Pursue a Verified Certificate to document your achievements and use your coursework for job and school applications, promotions, and more. EdX also works with top universities to conduct research, allowing them to learn more about learning. Using their findings, edX is able to provide students with the best and most effective courses, constantly enhancing the student experience.

Provider Subject Specialization
Sciences & Technology
Business & Management
23449 reviews

Course Description

A successful manager makes good decisions. To make good decisions, you need to understand the market forces that impact your business and personal life. This is true for managers in large multinationals or small businesses, in non-profit organizations or in the government. Individuals and households also make decisions. They decide on what to learn, where to work, how much to save, where to invest, and what goods to buy, among others. Most modern societies depend on markets to organize economic activity: they are market economies. A large number of decisions you make as individuals or as managers relate to markets. So it is important for you to know how markets work and how to make good decisions as a manager or as an individual operating in a market environment. This is what this course will teach you.

Most business schools have a course on Managerial Economics as part of the MBA curriculum. Exposure to Economics is essential for...

A successful manager makes good decisions. To make good decisions, you need to understand the market forces that impact your business and personal life. This is true for managers in large multinationals or small businesses, in non-profit organizations or in the government. Individuals and households also make decisions. They decide on what to learn, where to work, how much to save, where to invest, and what goods to buy, among others. Most modern societies depend on markets to organize economic activity: they are market economies. A large number of decisions you make as individuals or as managers relate to markets. So it is important for you to know how markets work and how to make good decisions as a manager or as an individual operating in a market environment. This is what this course will teach you.

Most business schools have a course on Managerial Economics as part of the MBA curriculum. Exposure to Economics is essential for all students of management. This course will provide a simple introduction to Managerial Economics and use minimum mathematics.

Reviews 9/10 stars
32 Reviews for Introduction to Managerial Economics

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Student

6/10 starsCompleted
4 years, 3 months ago
The Content : This program being a part of conti nuing education for Sr. Executives, Other Indust ry Professionals, could have been more detailed, and with more content. I also believe that real life examples, such as in the form of case studies of corporations is more helpful, interesting and stim ulating, esp. as Sr.Executives, Professionals with more than a decade of experience, are not used to go back to the traditional classroom teaching, as we are used to precise hands-on data and pr oblem solving approach, which is a very pragma tic and first hand approach to running corporatio ns. The Instructor : It has been a very long time for Me to learn from an Indian teacher, and so hone stly speaking I had quite a bit of trouble in unders tanding the accent and the pronunciation of word s by Professor Gupta. Not the least, the Audio co uld have been of the highest quality and the Editi ng part could have enabled Professor Gupta, to i ... The Content : This program being a part of conti nuing education for Sr. Executives, Other Indust ry Professionals, could have been more detailed, and with more content. I also believe that real life examples, such as in the form of case studies of corporations is more helpful, interesting and stim ulating, esp. as Sr.Executives, Professionals with more than a decade of experience, are not used to go back to the traditional classroom teaching, as we are used to precise hands-on data and pr oblem solving approach, which is a very pragma tic and first hand approach to running corporatio ns. The Instructor : It has been a very long time for Me to learn from an Indian teacher, and so hone stly speaking I had quite a bit of trouble in unders tanding the accent and the pronunciation of word s by Professor Gupta. Not the least, the Audio co uld have been of the highest quality and the Editi ng part could have enabled Professor Gupta, to i nclude more content. But I guess, that, as we Ind ians have a knack to get around anything & so I did too come around nicely. The Provider : An educational institution with one of the highest quality of education rendered worl dwide,
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Mayank Upadhyay profile image
Mayank Upadhyay profile image

Mayank Upadhyay

8/10 starsCompleted
2 years, 11 months ago
The course structure was very interesting. Lecture videos are to the point. But main attraction is Dr. Gupta's teaching style. Really enjoyed the whole course.
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Ruqayyah M profile image
Ruqayyah M profile image

Ruqayyah M

10/10 starsCompleted
2 years, 11 months ago
Thank You Dr Gupta. I am a masters student at University of Melbourne and being an engineer I had no idea about economics. This course really helped me understand the fundamentals of managerial economics and allowed me to be on par with people who had previous experience in the field. Kudos!
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Prateek Patil profile image
Prateek Patil profile image

Prateek Patil

8/10 starsTaking Now
3 years, 9 months ago
Everything is good. I got confused regarding the course dates to convert it to verified. So, could not convert. It would be good if the dates are more flexible and students be allowed to convert the course to verified at least when the course ends.
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Lakshmi Narasimhan Yeri Ranganathan profile image
Lakshmi Narasimhan Yeri Ranganathan profile image

Lakshmi Narasimhan Yeri Ranganathan

10/10 starsTaking Now
3 years, 9 months ago
This is one of the best courses related to managerial economics.Thank you Professor Subhashish, for a wonderful course.
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Ajit Kumar profile image
Ajit Kumar profile image

Ajit Kumar

10/10 starsCompleted
3 years, 10 months ago
Only ne word "outstanding". In fact I do not have a word above outstanding but such course on this platform has made me earn what I could have never been able to. Thanks a lot to the whole team and to Subhashish Sir in particular.
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Ipsa Sanghvi profile image
Ipsa Sanghvi profile image

Ipsa Sanghvi

6/10 starsTaking Now
4 years, 5 months ago
The course was very informative and well planned. However, the video's of a speaker speaking most of the time is old styled classroom training and more practical or real lifestyle/ reality videos would have made the instruction dissemination more powerful. The time bound nature of the course is not required, since for example on account of my exams I could not get time for the last two modules and thus could not give the exams on time and missed out on certification. There is no justification for this course not to be self-paced for students.
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Binoy Kamath profile image
Binoy Kamath profile image

Binoy Kamath

7/10 starsCompleted
4 years, 5 months ago
It was an excellent course. Probably the minor glitch in the Week 5 assessment should have been corrected, which would have improved the grades of participants.
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Pompi Sengupta profile image
Pompi Sengupta profile image

Pompi Sengupta

8/10 starsCompleted
4 years, 6 months ago
Thanks Sir for making the course so simple.It was a wonderful experience.Being a Professor I know its important to make things easy ,especially when we deal with Economics .
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Dr Suresh Neelakantan profile image
Dr Suresh Neelakantan profile image

Dr Suresh Neelakantan

8/10 starsCompleted
4 years, 6 months ago
I learnt a great deal on Managerial economics. Even though my MBA is in operations management, this was a enlightening course.
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Baxis Patel profile image
Baxis Patel profile image

Baxis Patel

10/10 starsCompleted
4 years, 6 months ago
This course one of the finest course on edx.org, which provides enough insights on the subject of managerial economics. I believe that this course will also help independent business person to take various decisions pertaining to price and quantity. especially game theory will help them in that regard. All the very bets and Thanks to team IIMBx
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Swathi Vadlamani profile image
Swathi Vadlamani profile image

Swathi Vadlamani

10/10 starsCompleted
4 years, 6 months ago
I think the course content is pretty easy to follow. Mostly, the main concepts highlighted micro economics and managerial economics.
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Lester Aranha profile image
Lester Aranha profile image

Lester Aranha

10/10 starsCompleted
4 years, 6 months ago
The content was Useful, Knowledgeable, wonderful and definitive. Was a good experience! Highly recommended !
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Mahesh Sankar profile image
Mahesh Sankar profile image

Mahesh Sankar

10/10 starsCompleted
4 years, 6 months ago
Thank you for this wonderful course. It not only upgraded my knowledge; but also made me understood these knowledge associated with current Economy and organizations. I am really happy to learn something new.
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Student profile image

Student

10/10 starsCompleted
4 years, 6 months ago
I really appreciate the efforts of staff and Prof. Gupta on this wonderful online course, job well done! It helped me understand managerial economics in many aspects. The syllabus is neat and the presentation is clear. The classroom lectures are quite nostalgic as well, and I thought as more interactive than a plain video presentation. Unfortunately, I missed the 5th quiz, but I hope I still captured the lessons. Again, thank you very much and looking forward for more courses from IIMB.
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Yash Teckchandani profile image
Yash Teckchandani profile image

Yash Teckchandani

8/10 starsCompleted
4 years, 6 months ago
Professor Subhashish Gupta makes it really easy to understand the basic concepts of micro-economics.
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R Baskar profile image
R Baskar profile image

R Baskar

10/10 starsCompleted
4 years, 6 months ago
The course content is excellent, exactly suitable for the title. I am very thankful to the instructor, Prof.Subhashish Gupta for his very clear and detailed explanation on the topics covered. Thanks to Edx! for making it all possible
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AMIT SAHA profile image
AMIT SAHA profile image

AMIT SAHA

8/10 starsCompleted
4 years, 6 months ago
Thank you so much sir for such an wonderful course . When i started i had no idea about the subject but after completing i can say confidently that i have leant something new .
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SUBRATA CHOWDHURY profile image
SUBRATA CHOWDHURY profile image

SUBRATA CHOWDHURY

8/10 starsCompleted
4 years, 6 months ago
EXCELLENT COURSE. COURSE MATERIAL IS ALSO GREAT. I AM LOOKING MORE SUCH COURSE FROM IIM BALGALORE. SERIOUS EFFORTS FROM ONE OF THE BEST BUSINESS SCHOOL.... THANKS
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Sudhir Sharma profile image
Sudhir Sharma profile image

Sudhir Sharma

10/10 starsCompleted
4 years, 6 months ago
I would like to say "Thanks" to Dr.Subhasish Gupta & team for all around effort in making the course complete & successful. I have never studied economics but it was a great experience as got some great insight on the basics.
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Student

10/10 starsCompleted
4 years, 6 months ago
prof. subhasish gupta is great and he really made my mind to dig deeply into the managerial economics. waiting to take more courses from him. edx made a great platform to take this course. they are doing really a great job. i take these courses for my admissions in B schools abroad. they are very useful for me
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Krishnaswamy S profile image
Krishnaswamy S profile image

Krishnaswamy S

10/10 starsCompleted
4 years, 6 months ago
Prof. Subhashish Gupta has created a spark and kindled our mind to know more about this subject. Thank you Professor and the team. I thoroughly enjoyed the course and looking forward to learn more from IIMx thro' edX platform.
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student

9/10 starsCompleted
4 years, 6 months ago
Thanks for posting the course material, I throughly enjoy course along with my current economics subject. I really enjoy concept of game theory and how Mr Gupta have put in simple form. I am looking forward to more courses from IIMs on edx so students on internet can take full advantage.
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Gowri Shanker profile image
Gowri Shanker profile image

Gowri Shanker

9/10 starsCompleted
4 years, 6 months ago
First of all, a big thanks to Subhashish sir & Ria, for this wonderful experience of e-learning. The Course content has been very well explained with examples and feeling great now, after completion. I hope, IIM-B will come up, with a next level course soon.
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Student

10/10 starsCompleted
4 years, 6 months ago
I wish to extend my sincere gratitude to EDX Team for opening a gateway to Industry professionals who can upgrade knowledge within an affordable platform. Thanks to great support from IIMB to come forward and motivated me in a great way . At the age of 51 , I am a enthusiastic student .Professor Mr.Subhasis Gupta , entire team lead by Ria built a vibrant real time class room experience . Regards Sanjoy Roy ( Dubai )
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Student

8/10 starsCompleted
4 years, 6 months ago
Before starting this course i was zero at economics. But after now i felt this course as a gateway for me to enter into the world of economics. And really my interest increased along with progress of course.
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Student

10/10 starsCompleted
4 years, 6 months ago
Realy the course was given in the way that all are open and easy understanding as well as in good manner thank you so much I grasp a lot but I cant to upgread
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Student

8/10 starsCompleted
4 years, 6 months ago
First of thanks to all co ordinator of this awesome coarse specially to Dr. Subhashish Gupta . This coarse was really well planed in such a short span of time but at the same time gives a wonderfull knowledge about the dicision making process in bussiness world. Thanks!!!
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10/10 starsCompleted
  • 1 review
  • 1 completed
4 years, 6 months ago
First of all i would like to thank the MOOC for proving the Edx platform for quality education through the worlds most prestigious educational institute so affordable and easy and convenient way.It is like a dream come true and i expecting the much more new courses to be released. About course content, i can say it is designed so nicely and specially size/length of the video is small which provided more time to understand a new topic. About the instructor, i can say professor Subhasis Gupta is marvelous. His style of delivering the lecture very calmly and he deliver all his lecture very elaborately including his direct lecture at IIMB class room was excellent experience for me and off course for all those who wish to be there at IIMB. At last, I Thanks to whole team for their contribution for this noble cause.
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Repalle Damodararao profile image
Repalle Damodararao profile image

Repalle Damodararao

10/10 starsCompleted
4 years, 6 months ago
One of the best course and it is very useful for making decisions day in day out. Instructor MR. SUBHASHISH GUPTA teaching is excellent. Over all it is one of the best course
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