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Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study	Video Based

Course Overview

Economics for Managers certification is an 8-week long online course that is an introduction by the Harvard Business School Online. The entire course is spread over 60 hours where programme materials are delivered on a weekly basis requiring a time commitment of 6-8 hours from the candidates. This is a self-paced introductory course that helps the participants in developing the skills required to build a competitive strategy leading to a flourished business over time.

Economics for Managers training will prepare the students for an MBA classroom so that they are eligible for understanding how businesses usually think about mass production and pricing. Also, this course will help them to equip, and apply ideas that help generate more consumer demands. This certification helps the candidates become familiar with concepts like Business Intelligence, Business Development, and Professional Career Development so that they can help in their career development as senior-level managers.

The Highlights

Programme on managerial economics
8 weeks course
Classes held online
6-8 hours weekly sessions
Introductory course
Completion certificate by Harvard Business School

Programme Offerings

8 Weeks Course. Online Format
completion certificate
Faculty Videos
Self-paced
Career Development
Self-Improvement

Courses and Certificate Fees

Certificate Availability	Certificate Providing Authority
yes	HBS Boston

The Economics for Managers certification fee is $1,600. With Harvard Business School candidates are allowed to make payments via credit cards, eCheck, Western Union Money Transfer, or even bank loans. There are certain cases where candidates do receive scholarships, where amounts are adjusted with the fees as and when eligibility is confirmed. Again, sometimes candidates can split their payment up into 2 separate credit card transactions if during the first one $350 is paid. But it must be remembered by all the candidates that they must transfer money only in US Dollars.

Economics for Managers Fee Structure

Description	Amount in USD
Programme Fee	$1,600

Eligibility Criteria

Educational Qualification

Being proficient in English is very much necessary for this programme.

Age Requirement

No matter what educational background candidates have, he or she must live up to the criteria of being 18 years old or more to apply.

Certification Qualifying Details

Receiving the Economics for Managers certification by Harvard Business School requires that the participants dig into all the 5 modules, complete studying them, and also attain completion for quizzes that are satisfactory within the said time frame.

What you will learn

Managerial skill

The Economics for Managers certification syllabus will teach the following to its participants:

Candidates will be making pricing strategies that can become effective.
Learners will understand what power network effects have on demand.
Candidates can benchmark the costs and compare them to their competitors with the help of relative cost analysis.
Learners will be identifying the sources of competitive advantage with respect to differentiation.
Candidates will be understanding the value of what customers value most can be identified by applying conjoint analysis.

Who it is for

The course suits the following candidates:

Candidates who are aspiring to become MBA professionals.
For Mid-Career Professionals who want to adopt an understanding of how firms work so that they can create business strategies.
For candidates who want to build a future career towards marketing or consulting so that they can see the world through the perspective of Economics, and become successful Managers.

Admission Details

Step 1: Visit the Economics for Managers course official site: https://online-learning.harvard.edu/course/economics-managers?delta=0.

Step 2: Then scroll, and click on ‘Take Course’.

Step 3: The applicants will be taken to another page, where find the ‘Apply Now’ button, and click it.

Step 4: The next step lies for the applicants to create Harvard Business School new student accounts for logging in.

Step 5: Once they can log in, after the fee is deposited, once everything gets checked by the Harvard team, within a week admission shall be confirmed.

Application Details

When signing up or signing into Harvard Business School, candidates may need to enter some details that include name, mailing address, age criteria to start their process of learning.

The Syllabus

Case Studies

Ace Ticket

Takeaways

Understand the relationship between willingness to pay and price
Determine a revenue-maximizing pricing strategy using the concept of elasticity

Key Exercises

Construct supply and demand curves for individuals and markets and analyze the impact of market changes
Quiz

Case Studies

The New York Times

Takeaways

Evaluate techniques to learn about or increase demand and measure the tradeoffs and suitable applications of each approach
Appreciate how complements and network effects impact demand

Key Exercises

Explore the dynamics of different forms of auctions
See how conjoint analysis can be used to understand customer preferences
Quiz

Case Studies

Penguin Random House

Takeaways

Understand fixed versus variable costs
Understand economies of scale

Key Exercises

Predict market structure by examining various costs and cost structures
Evaluate options by performing a relative cost analysis
Quiz

Case Studies

Amgen

Takeaways

Apply market principles to analyze industries in which no traditional market functions

Key Exercises

Identify value creation and decompose its distribution to illustrate how trade occurs
Examine the competitive landscape by differentiating long- and short-run market outcomes and forces
Quiz

Case Studies

Bonobos

Takeaways

Assess monopolies and price discrimination
Understand different strategies for differentiation

Key Exercises

Explore competitive differentiation through the example of rival pizzerias setting price and location
Quiz

Evaluation process

Though no final examination is lined up, still a series of quizzes must be answered with 50% marks to be able to qualify for the certification of completion.