Business Economics Certificate

Supply and demand. Cost-benefit analysis. Resource allocation. In this certificate program, you will explore the applications of key microeconomic concepts to build the critical business foundation every manager needs to make effective decisions. You’ll gain a deeper understanding of international trade, labor markets, loan markets, and currency markets, as well as competition between companies. You’ll have the opportunity to make predictions about how prices and quantities will change when market conditions fluctuate and discover different models for pricing, production, and market analysis. Whether you’re a business consultant or analyst, an emerging leader or a experienced executive, you’ll come away with core economic tools you can apply to position your business for success in today’s evolving market landscape.

Courses

Key Takeaways

Apply microeconomic concepts to critical business questions
Explore the impacts of changes in supply and demand on the price and equilibrium points of your industry
Leverage 5 types of non-linear pricing to maximize profit
Develop a model of production using a single variable input
Analyze economies of scale and the benefits and risks of specialization
Identify close substitutes to your industry and predict how they might affect your organization
Understand key variables in labor markets, loan markets, and currency markets
Examine government interventions and technological advances in markets and how they impact your organization
Use the model of perfect competition to analyze both the short-run and long-run equilibriums
Examine how monopolies behave
Investigate relevant concepts that can help you make business predictions
Analyze competitive markets

What You’ll Earn

Business Economics Certificate from Cornell College of Human Ecology
40 Professional Development Hours (4 CEUs)

Who Should Enroll

New, emerging, and experienced leaders
Individuals seeking to expand their business management skills
Consultants
Analysts and researchers
Entrepreneurs

Total Investment

$3,000 with monthly payment options available
2.5 months to complete all the courses

How To Enroll

For more information on how to enroll, please visit Business Economics Certificate