Economics for Managers

Content Provider


Course Level


Mode Of Delivery



40 hrs

Certification By


Course Validity

Valid for 1 months post activation
Speak with our Expert Team Today Ask Now

The main goal of studying Managerial Economics is to understand how the scarce resources of the firm may be utilised efficiently to maximise value. It helps the student to comprehend how economic concepts like elasticity of demand, demand forecasting and law of variable proportion can aid in business decision making. The course begins an overview of managerial economics and its practical application in business. By the end of this course, students will be able to understand how managerial economics can help in solving the management problems and determine which economic concepts can be employed to meet the organisational goals.


  • Managerial Economics – Overview

  • Managerial Economics - Practical Application

  • Theory of Demand

  • Demand Forecasting

  • Introduction to Theory of Consumption

  • Consumer Equilibrium

  • Production and Cost – Overview

  • Supply and cost

  • Perfect Competition

  • Imperfect Competition

Key Features

  • Discuss the significance of Managerial Economics

  • State the objectives of Managerial Economics

  • Recall the conditions required of a good demand forecasting method

  • Describe monopoly and the nature of monopoly

  • Analyse the determinants of demand

Career Opportunities

  • Travel Counselor

  • Sales Specialist

  • Business Analyst

  • Risk Management

  • Business Development


After completing this course and successfully passing the certification examination, the student will be awarded the “Economics for Managers” certification.

If a learner chooses not to take up the examination, they will still get a 'Participation Certificate'.

Who Should Attend

  • Bachelor of Business Administration

  • Bachelor of Commerce

  • Master of Business Administration

Frequently Asked Questions

Where can I find courses on the Platform?

After login to KRACKiN(, you can find courses on the dashboard which are segregated as skill courses, career tracks and also Annual Membership.consisting of 75000 + courses. You can enrol to any of the courses available by selecting the ‘Buy Now’ button.
Can I search courses domain wise on the platform?

Yes, Skill courses and Annual Membership plans are segregated domain wise. You can enter your domain and search for the desired courses.
Is online classes available for all the courses on KRACKiN?

No, online classes are not available for all courses on KRACKiN. Courses are designed as self- paced learning courses supported by videos, PPTs and practice quizzes etc. are provided for easy understanding of the students.
Are the course certificates valid?

Yes, the certificates are valid across all the sectors in the Industry.
Can I access your courses on Mobile device?

Yes, you can access the courses on your mobile browser.
Can my course access be extended?

We recommend you complete your assigned courses within the stipulated time as we do not have the provision to extend the course validity.
How to get my certificate after completing the course?

After the completion of all the given modules, the certificate will be auto generated by the system.

Content & Certification Partners