Economics for Managers
In this course, you will learn a set of economic ideas that will unlock puzzles like:
- Why certain credit card companies are more likely to send you mail offers, the less frequently you respond to them
- Why established media companies seem so reluctant to “go digital,” even though doing so would save them costs
- Why companies will sometimes turn away customers, even though they would profit from their service
You will dive into topics like customer demand, supplier cost, markets, and competition. You will learn how businesses think about pricing, production, and differentiation. And in the process, you will learn how to develop the beginnings of a competitive strategy that will lead to a business thriving over time.
Economics for Managers is one course that makes up the credential program HBX CORe. You will progress through this course in tandem with Business Analytics and Financial Accounting, completing weekly assignments and quizzes. The expected time commitment to complete the full, three-course program is approximately 150 hours spent on the interactive HBX online platform.
Economics for Managers dives into fundamental economic principles and provides you with the knowledge and skills to craft successful business strategy. Topics covered include:
- Demand & Supply
- Suppliers & Cost
- Competition & Differentiation
Meet the Faculty
- Bharat N. Anand
- Henry R. Byers Professor of Business Administration
Professor Anand is an expert in digital and corporate strategy. He has studied how new technologies affect what we watch, read, and hear, and how companies navigate digital change. His book The Content Trap: A Strategist’s Guide to Digital Change was released in 2016. He is the faculty chair for the HBX initiative, and also serves on the HarvardX Faculty Committee. Professor Anand has served as course head for the required first-year MBA Strategy course at HBS, and currently co-chairs the HBS executive education program on media strategies. He is a two-time recipient of the School's “best teacher” award.
Economics for Managers is one course that makes up the credential program HBX CORe. View the CORe overview page for additional details on how to apply.
Need More Information on HBX CORe?
If you’re thinking about how to prepare for your next step, HBX can arm you with the skills and confidence you need for success. Request more information and learn more about CORe, our program on business fundamentals, today.