Economic Analysis for Business Decisions OpenCourseWare: A Free Online Graduate Study Microeconomics Course by MIT

Published Jan 27, 2009

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Business managers, entrepreneurs and graduate students interested in how economic principles impact business decisions should consider taking 'Economic Analysis for Business Decisions,' a free OpenCourseWare offered by MIT's Sloan School of Management. The major objective of this graduate-level course is to provide a working knowledge of the analytical tools that firms use to make important business decisions in order to improve their market presence.

Economic Analysis for Business Decisions: Course Specifics

Degree Level Free Audio Video Downloads
Graduate Yes No No Yes

Lectures/Notes Study Materials Tests/Quizzes
Yes Yes Yes

Economic Analysis for Business Decisions: Course Description

This free graduate-level course will appeal to business professionals including managers, entrepreneurs and graduate students who are unaware of the effects of economics on business plans. The course consists of 21 lectures that examine competitive markets and monopolies and oligopolies and supply and demand. Market strategies are explored and examined in terms of how they are impacted by consumers, competitors and government regulations. In addition, this course explores how economics affects other business practices such as incentive plans, auctions and transfer policies. This course is taught by a team of professors from the Sloan School of Management at MIT, including, Professors Ernst Berndt, Michael Chapman, Joseph Doyle and Thomas Stoker. The basic text for the course, Microeconomics, by Robert S. Pindyck and Daniel L. Rubinfeld must be purchased and is augmented by other readings and newspaper articles.

Extensive lecture notes, recitations, homework assignments (including solutions and common mistakes) and final exams for the past several years are available online for free. If you're interested in taking this free graduate-level OpenCourseWare, visit the economic analysis for business decisions course page.

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