ISB Online
Economics for Managers
Course Details
Duration - 9 weeks
Commitment - 4-6 hours per week
6 Modules +Assessments
Economics for Managers is a part of the Business Strategy Programme.
About Course
The course on Economics for Managers will provide you with an understanding of the basic tools of microeconomic analysis and illustrate their usefulness in managerial decision-making. You will learn about customer demand, supplier costs, pricing and output decisions, strategies from game theory for competition and interdependence, and market outcomes. In the process, you will develop the beginnings of a competitive strategy that will lead to a growing and profitable business.
Fundamental Ideas
Demand
Supply
Profit Maximisation and Pricing
Game Theory
Oligopoly
Note: Modules, objectives and other course content mentioned are indicative only, and may be dropped/modified/adapted at ISB’s discretion.
What You Gain
Achieving completion across all courses within this track awards you the prestigious Programme Certificate, symbolising your strategic mastery and professional growth.
Each course completion is acknowledged with a certificate, showcasing your expertise and dedication to advancing your functional acumen within the track.
Celebrate your progress and accomplishments with micro-certifications for timely module completion within each course, enhancing your professional portfolio.
Who Is This For?
Whether you are a functional specialist, a team leader, or have oversight of strategic initiatives, this learning track will help you navigate the complex business landscape, evaluate trade-offs, and craft business strategies for greatest business impact.
- If you are a functional specialist looking to move to a managerial position, understand how your work fits into an organisation-wide strategy and contributes towards the organisation’s competitive strength.
- If you are managing strategic initiatives, apply tools and frameworks to allocate resources efficiently - internal and external - to ensure the right business outcomes. Hone your strategic acumen to support the leadership team or CXO office with valuable insights for critical business decisions.
- If you are managing small teams, learn how to align your team's work with the company's big-picture goals and build competitive advantage.
- If you are a functional head or senior manager, learn how to reassess and redesign your business unit strategies to navigate complex business terrains. If you are an entrepreneur, gain economic and strategic insights to identify growth opportunities and craft new business models that help build scale and sustainable competitive advantage.
What Sets Us Apart ?
Integrative Thinking: Experience enhanced learning through our meticulously crafted Integrative Thinking Activities, designed to hone your problem-solving skills and broaden your strategic mindset. Engage in thought-provoking analyses and participate in collaborative discussions on the dynamic platform after each of your module-end quizzes. Benchmark your reflections against expert responses, culminating in comprehensive learning. Join expert-led virtual meetings where you connect with a community of like-minded learners, where enlightening discussions and exchange of insights will enable you to unlock your maximal learning potential.
MasterClasses: Hear industry and academic experts on the nuances of business, management and leadership in our MasterClasses carefully curated to complement the frameworks learnt as part of the courses. Interact with them as they share their lessons and experiences from their professional journeys. Get inspired and learn from the diverse and rich expertise they bring on one or more of the topics in the programme.
Campus Visit: Come together to strengthen your network and build lifelong connections with your cohort in person at the ISB campus. On successful completion of the track you will be invited for a half-day session, culminating in a valedictory on campus.
You may also be interested in
Discover the world of learning at ISB through our carefully created programmes designed by the experts at ISB.
ISB.EDU © Copyright 2023