Managerial Economics FLEXCAST
Available Until
Your Desk
4.0 Credits
Member Price $98.00
Non-Member Price $113.00
Overview
The concepts of management economics are used to make better business decisions. In the Managerial Economics course, we do this by addressing opportunity costs, marginal analysis, price elasticity, and the economics of individual behavior. The course also delves into business management, including the economics of production, production inputs, and pricing strategies and tactics. We also pay significant attention to the structure of markets and the behavior of competitors. This course is intended to provide the economic underpinnings for many essential business decisions.
Highlights
The essential elements of effective decision-making. Opportunity costs. Implicit costs. Five forces framework. The supply and demand concept. Elasticity of demand, and more.
Prerequisites
None.
Designed For
CPAs and other financial managers.
Objectives
Identify the core principles of effective decision-making. Specify how marginal analysis is used. Identify how demand at various price points can be shifted. Specify how price ceilings and floors impact consumers. Identify when elastic and inelastic demand exists. Recall the nature of consumer equilibrium, and more.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $113.00
Member Price $98.00