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OpenLearning

Economics for Business & Market Forces

via OpenLearning

Overview

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Explore the foundational principles of economics as they apply to real-world business strategy in this course. Evaluate both microeconomic and macroeconomic concepts to develop informed, strategic business decisions. Analyze market forces through demand and supply frameworks, gaining the analytical tools needed to understand how markets function and respond to change. Apply elasticity concepts to design optimal pricing strategies and assess competitive scenarios with confidence. Whether you are looking to sharpen your business acumen or build a stronger economic foundation, develop the skills to navigate complex market environments and make data-driven decisions in today's dynamic business landscape.

Syllabus

  • To evaluate microeconomic and macroeconomic principles to formulate strategic business decisions, analyze market forces using demand-supply frameworks, and design optimal pricing strategies by applying elasticity concepts to real-world competitive scenarios.

Taught by

ULearn UMPSA

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