Managerial Economics and Business Analysis Specialization

Starts Oct 30

Managerial Economics and Business Analysis Specialization

Business Tools for Successful Execution

Apply economic theory and analytical tools to make effective business decisions.

About This 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.
Earn credit toward a master's degree
This specialization is part of the fully-online accredited Master of Business Administration (iMBA) from University of Illinois at Urbana-Champaign.
Graducation Cap

Created by:

courses
7 courses

Follow the suggested order or choose your own.

projects
Projects

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

certificates
Certificates

Highlight your new skills on your resume or LinkedIn.

Courses
Beginner Specialization.
No prior experience required.
  1. COURSE 1

    Firm Level Economics: Consumer and Producer Behavior

    Upcoming session: Oct 30
    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 kin
  2. COURSE 2

    Firm Level Economics: Markets and Allocations

    Current session: Oct 23
    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 mea
  3. COURSE 3

    Country Level Economics: Macroeconomic Variables and Markets

    Upcoming session: Oct 25
    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 m
  4. COURSE 4

    Country Level Economics: Policies, Institutions, and Macroeconomic Performance

    Upcoming session: Oct 25
    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
  5. COURSE 5

    Exploring and Producing Data for Business Decision Making

    Current session: Oct 23
    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
  6. COURSE 6

    Inferential and Predictive Statistics for Business

    Current session: Oct 23
    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 sta
  7. COURSE 7

    Managerial Economics and Business Analysis Capstone

    Current session: Oct 23
    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

Creators

  • University of Illinois at Urbana-Champaign

    Founded in 1867, the University of Illinois at Urbana-Champaign pioneers innovative research that tackles global problems and expands the human experience.

    The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.

  • Fataneh Taghaboni-Dutta

    Fataneh Taghaboni-Dutta

    Clinical Professor of Business Administration
  • Hadi Salehi Esfahani

    Hadi Salehi Esfahani

    Professor of Economics and Professor of Business Administration
  • Larry DeBrock

    Larry DeBrock

    Dean Emeritus and Professor of Finance and Professor of Economics
  • Joseph A. Petry

    Joseph A. Petry

    Clinical Professor of Economics and Finance

FAQs

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