Managerial Economics and Business Analysis Specialization

In order to effectively manage and operate a business, managers and leaders need to understand the market characteristics and economic environment they operate in. In this Specialization, you will build a solid understanding of the operation of markets and the macro-economic environment with real-world examples. You will be able to identify firm and country-level economic factors that impact business decisions, develop an analytical framework using statistical tools, and apply economic theory and data in the analysis of business environment and trends to make effective business decisions.

The capstone project involves an in-depth analysis of an actual business situation in which you will examine the global economic environment of a business. The final project will be a business plan that uses statistical tools and economic theory to create a comprehensive analysis of the microeconomic and macroeconomic environment in which the focal company operates.

This Specialization is part of the University of Illinois Masters of Business Administration degree program, the iMBA. Learn more about the admission into the program here and how your Coursera work can be leveraged if accepted into the program. You can also start with for-credit courses within the Illinois iMBA degree program.

7 courses

Follow the suggested order or choose your own.

Projects

Designed to help you practice and apply the skills you learn.

Certificates

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COURSE 1

Firm Level Economics: Consumer and Producer Behavior

Upcoming session: Oct 29

Commitment: 4 weeks, 3-5 hours/week

Subtitles: English

About the Course

All goods and services are subject to scarcity at some level. Scarcity means that society must develop some allocation mechanism – rules to determine who gets what. Over recorded history, these allocation rules were usually command based – the

 

COURSE 2

Firm Level Economics: Markets and Allocations

Current session: Oct 22

Commitment: 4 weeks of study, 3-5 hours/week

Subtitles: English

About the Course

In this class, we will derive equilibrium outcomes across a variety of market structures. We will begin by understanding equilibrium under a market structure called Perfect Competition, a benchmark construction. Economists have tools to

 

COURSE 3

Country Level Economics: Macroeconomic Variables and Markets

Upcoming session: Oct 24

Commitment: 4 weeks of study, 4-6 hours/week

Subtitles: English

About the Course

This course discusses how macroeconomic variables affect individuals’ personal, professional, and public activities and lays the foundation for the analysis of the mechanisms that drive macroeconomic variables. It start in its first 

 

COURSE 4

Country Level Economics: Policies, Institutions, and Macroeconomic Performance

Upcoming session: Oct 24

Commitment: 4 weeks of study, 4-6 hours/week

Subtitles: English

About the Course

This course examines macroeconomic performance in the short run and the long run based on the economy’s institutional and policy environment. The first module develops a model of macroeconomy in the short run when the price level has its own mome

 

COURSE 5

Exploring and Producing Data for Business Decision Making

Current session: Oct 22

Commitment: 4 weeks of study, 4-6 hours/week

Subtitles: English

About the Course

This course provides an analytical framework to help you evaluate key problems in a structured fashion and will equip you with tools to better manage the uncertainties that pervade and complicate business processes. Specifically, you will be intro

 

COURSE 6

Inferential and Predictive Statistics for Business

Current session: Oct 22

Commitment: 4 weeks of study, 2-4 hours/week

Subtitles: English

About the Course

This course provides an analytical framework to help you evaluate key problems in a structured fashion and will equip you with tools to better manage the uncertainties that pervade and complicate business processes. The course aim to cover 

 

COURSE 7

Managerial Economics and Business Analysis Capstone

Upcoming session: Dec 17

Subtitles: English

About the Capstone Project

The capstone project involves an in-depth analysis of an actual business situation in which you will examine the global economic environment of a business. The final project will be a business plan that uses statistical tools and economic theory to

 

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Fataneh Taghaboni-Dutta

Clinical Professor of Business Administration

Hadi Salehi Esfahani

Professor of Economics and Professor of Business Administration

Larry DeBrock

Dean Emeritus and Professor of Finance and Professor of Economics

Joseph A. Petry

Clinical Professor of Economics and Finance

To participate in this training, you can Enroll