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This course earns you a Certificate of Completion from HBS Online. What you earn.
Key Concepts
Who Will Benefit
Economics for Managers was immensely valuable. Hearing from founders and seeing the power of network effects through various case studies helped me see market opportunities through an entirely different lens. The market knowledge I acquired helped me refine and expertly craft research reports.
Student at New York University
I majored in engineering and minored in economics as an undergraduate, but the content of Business Analytics and Economics for Managers showed me new ways for using the theoretical foundations I already had.
MBA Student at Stanford Graduate School of Business
Bharat Anand’s Economics for Managers course has proven to be the most influential for my career. Understanding the basic concepts of economics from the course really broadened my approach to various planning-related problems I tackle each day. My ability to identify details related to business efficiency and performance that I may have missed in the past was fine-tuned in the program, and my understanding of the business is now much stronger.
Medium Term Planning Engineer at Rio Tinto
What You Earn
Certificate of Completion
Certificate of Specialization
Customer Demand - Foundations
Highlights
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Concepts
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Willingness to Pay
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A Different Visual Representation of WTP
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Elasticity
Featured Exercise
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Construct supply and demand curves for individuals and markets and analyze the impact of market changes
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Strategies for Assessing and Increasing Demand
Highlights
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Concepts
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Direct Approaches for Assessing Demand
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Indirect Approaches for Assessing Demand
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Conjoint Analysis
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Strategies for Increasing Demand
Featured Exercises
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Explore the dynamics of different forms of auctions -
See how conjoint analysis can be used to understand customer preferences
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Suppliers and Cost
Highlights
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Concepts
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An Introduction to Cost
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Fixed versus Variable Costs
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Relative Cost Analysis
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Supply Curves
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Scale Economies
Featured Exercises
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Predict market structure by examining various costs and cost structures -
Evaluate options by performing a relative cost analysis
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Markets
Highlights
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Concepts
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Market Outcomes
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Markets and Fairness
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Markets: Applications
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Creating Markets
Featured Exercises
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Identify value creation and decompose its distribution to illustrate how trade occurs
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Examine the competitive landscape by differentiating long- and short-run market outcomes and forces
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Competition and Differentiation
Highlights
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Concepts
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Pricing by Monopolies
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Price Discrimination
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Simple Strategies for Differentiation
Featured Exercise
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Explore competitive differentiation through the example of rival pizzerias setting price and location
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Learner Stories
Opera Singer
Educator and Healthcare Administrator
Economics for Managers FAQs
In addition to being a standalone certificate program, Economics for Managers is also one component course of the Credential of Readiness (CORe) program, which also includes Business Analytics and Financial Accounting. Designed for those interested in learning business fundamentals more broadly, CORe program participants progress through the three courses in tandem, and the program concludes with a final exam.
Participants are expected to fully complete all coursework in a thoughtful and timely manner. This will mean meeting each week’s course module deadlines and fully answering questions posed therein, including satisfactory performance on the quizzes at the end of each module (earning an average score of 50% or greater). This helps ensure your cohort proceeds through the course at a similar pace and can take full advantage of social learning opportunities. A module is composed of a series of teaching elements (such as faculty videos, simulations, reflections, or quizzes) designed to impart the learnings of the course. In addition to module and assignment completion, we expect participation in the social learning elements of the course by offering feedback on others’ reflections and contributing to conversations on the platform. Participants who fail to complete the course requirements will not receive a certificate and will not be eligible to retake the course.
More detailed information on individual course requirements will be communicated at the start of the course. No grades are assigned for Economics for Managers. Participants will either be evaluated as complete or not complete.
For more information on grading, please refer to the Policies Page.
Economics for Managers participants may be eligible for financial aid based on demonstrated financial need. To receive financial aid, you will be asked to provide supporting documentation. Please refer to our Payment & Financial Aid page.
You will have access to the materials in every prior module as you progress through the program. Access to course materials and the course platform ends 60 days after the final deadline in the program. At the end of each course module, you will be able to download a PDF summary of the module’s key takeaways. At the end of the program, you will receive a PDF compilation of all of the module summary documents.
Harvard Business School Online
Certificate in Economics for Managers
[Cohort Start Month and Year]
List your certificate on your LinkedIn profile under "Education" with the language from the Credential Verification page:
School: Harvard Business School Online
Dates Attended: [The year you participated in the program]
Degree: Other; Certificate in Economics for Managers
Field of Study: Leave blank
Grade: Complete
Activities and Societies: Leave blank
For the program description on LinkedIn, please use the following:
Economics for Managers is an 8-week, 60-hour online certificate program from Harvard Business School. Economics for Managers dives into fundamental economic principles like supply and demand, cost, markets, competition and differentiation. Participants gain the knowledge and skills needed to craft successful business strategy. Economics for Managers was developed by leading Harvard Business School faculty and is delivered in an active learning environment based on the HBS signature case-based learning method.
By enrolling in the Economics for Managers certificate program, participants will be ineligible to enroll in the CORe program. By enrolling in the CORe program, participants will be ineligible to enroll in Economics for Managers.
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