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This video on Managerial Economics in 10 Minutes by Simplilearn provides a concise introduction to the fundamental concepts of managerial economics and their role in business decision-making. The tutorial covers both microeconomics and macroeconomics, explaining how managers use economic principles to make informed decisions related to pricing, production, resource allocation, and business strategy. You will learn key microeconomic concepts such as demand and supply, elasticity, opportunity cost, market structures, and consumer behavior, along with macroeconomic topics including GDP, inflation, unemployment, fiscal policy, monetary policy, and economic growth. The video also highlights how these concepts influence organizational planning, profitability, and competitive advantage. By the end of this tutorial, you will have a clear understanding of the core principles of managerial economics and how microeconomic and macroeconomic analysis supports effective business management and strategic decision-making.
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➡️ About Online MBA by Amrita Vishwa Vidyapeetham
Amrita Online MBA degree program is offered by Amrita Vishwa Vidyapeetham, the 8th ranked university in India, and is backed by an industry-aligned curriculum and world-class faculty. Active participation from industry through certifications and projects are unique aspects of the Amrita Online MBA course. The program is also developed through a case study approach which develops the learner's problem-solving capability using various management principles and skills.
Amrita Online MBA Key Features
✅ 10 industry-aligned specializations like AI, Operations, ESG etc.
✅ 4 out of 10 specializations are offered with Grant Thornton.
✅ 100% flexibility with live weekend classes & recorded lectures.
✅ 1/4th the cost of an on-campus MBA. Zero-Cost EMI available.
✅ 33.94% average salary growth, backed by placement assistance.
✅ Global opportunities for final-year students to study in the USA, France, or Spain.
Program Curriculum
✅ Semester 1
✅ Semester 2
✅ Semester 3
✅ Semester 4
✅ Artificial Intelligence (Elective)
✅ Business Analytics (with Grant Thornton) (Elective)
✅ FinTech (with Grant Thornton) (Elective)
✅ ESG (with Grant Thornton) (Elective)
✅ General Management (Elective)
✅ International Finance & Accounting (Elective)
✅ Marketing (Elective)
✅ Finance (Elective)
✅ Operations Management (Elective)
✅ Human Resources (Elective)
Industry-Led Pedagogy
✅ Industry-Ready Training
✅ Discussion Forums
✅ Quizzes & Assignments
✅ Mentorship From Industry Leaders
✅ Online Practical Virtual Labs
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