Economics for Managers: Understanding Microeconomics - Online

Microeconomics is the study of the economic behavior of individual consumers, companies and industries. This course surveys the key concepts a manager needs to understand: how the laws of supply and demand impact producers and consumers; economic costs and profits; the impact of the government (taxes; price controls, etc.) on the economy; the question of competition and its various forms; production and demand for resources and labor markets.

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer.


Operations managers, project managers, program managers, department heads and anyone wishing to develop a basic understanding of microeconomics.
The major topics included in this course are:
  • Laws of Supply and Demand
  • Government Interventions in the Economy
  • Economic costs and Economic profits
  • Pure competition
  • Market competition
  • Production and demand for resources
  • Labor markets

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