Executive Education
Seminars. Workshops. Master Classes.
Managerial Economics
Seminar
Economic Analysis for Strategy Formulation
& Decision-making
| Training Model: | Action Learning Seminar and Workshop |
| Seminar Venue: | USA West (Jan to Dec): Las Vegas. Los Angeles. San Francisco.
Seattle. USA East (Jan to Dec): Chicago. Houston. Miami. New York. Washington, DC. Europe (June to Oct): Amsterdam. Barcelona. Dublin. Frankfurt. London. Paris. Rome. Vienna. Warsaw. Zurich. Asia Pacific: Bangkok. Singapore. Tokyo. Sydney. Ask for on-demand and unlisted course venues. |
| Seminar Duration: | 5 days (2-day seminar + 3-day project) |
| Seminar Times: | 9:30 AM - 3:30 PM |
| Seminar Dates: |
Executive Education Calendar Ask for on-demand and unlisted course dates. |
| Seminar Fees: | $9,999 |
| Group Discounts: | 5% for 2 delegates. 10% for 3 or more delegates. Government and non-profit delegates receive up to 15% discount for 4 or more delegates. Valid only for Las Vegas venue. |
| Seminar Options: | Available on client site for a group of 5 or more delegates. The delivery method of this seminar is in classroom (in-person). If you have a special customization request (topics, duration, location, or delivery methods, including one-to-one coaching, blended learning [hybrid in-person and online learning]), please indicate that in the registration form. |
| Seminar Advantage: | Client Testimonials. Education Excellence. CEO Club. Thought Leadership |
| Registration: | Apply. |
Seminar Audience
The CEO's strategy team, including general managers, business unit managers, finance managers, operations managers, marketing managers, and sales managers, entrepreneurs and business consultants
Note: This training course is designed for government and business professionals. We do not accept students seeking initial employment, postsecondary education, or initial licensing programs
Seminar Objectives
Provide an understanding of the economic environment and its impact on business strategy formulation
Offer experiential analysis of the challenges of CEOs and General Managers in adapting to the changing economic environment
Cover ideas and tools to understand the local and global economic forces, including governmental regulations, international relations, global consumers, global production and international business
Discuss the impact of economic policies on managerial decision-making, by providing an understanding of fiscal policy, monetary policy, and local and global economic issues affecting business
The course emphasizes strategic managerial decision-making in changing macroeconomic and monetary policy environments. It does not focus on statistical analysis, mathematical modeling or predictive analysis
Training Focus
Develop the core managerial economics skills and competencies, including economics knowledge for business planning, control, problem-solving, and communication.
Training Model
Experiential action learning
25%-50% seminar and 50-75% experiential project work
The development of management skills is based on KASAC executive education and management training model
Seminar Modules
Top CEO Questions
Quick Overview of Economics
Production Factors
Market Operations
Types of Economic Systems
Top 12 Economic Principles for Decision-making
Types of Economic Systems
Economic Analysis and Decision Errors
Microeconomics for Decision-making
Supply, Demand, and Price Elasticity
Market and Consumer Behavior
Information Economics
Production Economics
Macroeconomics for Decision-making
Understanding The Business Cycles of Growth, Inflation, Stagflation, Recession, and Deflation
Fiscal Policy
Monetary Policy
Markets, Investors and Business Behavior
Macroeconomic Policy Impact on Investment and Business Operations
Key Economic Metrics (KPI) for Strategic Decision-making
Key Economic Concepts & Best Practices for Managerial
Decision-making and Strategic Planning.
Macroeconomic. Microeconomics. Scarcity, Choice, Specialization, Consumer Preference and Substitution. Opportunity Cost. Marginal Principle. Law of Diminishing Returns. Spillover Principle. Reality Principle. Learning Curve. Economy of Scale. Supply, Demand, and Price Elasticity. Linear vs. Non-linear Relationships. Positive and Negative Correlation. Correlation vs. Causation, Behavioral Economics, Economic Law of Fairness. The 80/20 Pareto Principle. The Bell Curve. Standard Deviation. Sigma. The Law of Economic Atrophy. The Law of Economic Entropy. Government Policies and Regulations. Economic Risks and Strategies. Global Economy. Offshoring. Pareto 80/20 Law. National Differences. Oligopoly. Monopoly. Competition. Economic Decision Errors. Managerial Economics Best Practices.
Training Seminar Customization Subjects
Business Economics: Introduction to economic analysis, with an emphasis on firms, markets and operating environment. Pricing and output decisions. Cost and profit determination in competitive and monopolistic markets. Macroeconomic factors and policies affecting business activity in a free and open economy
Microeconomics: Introduction to the economic behavior of individuals and firms with emphasis on output and price determination in the various market structures. Study of the allocation of scarce resources among competing end uses. Analysis also includes concepts of expected utility and uncertainty, and welfare economics
Macroeconomics: The economic activities of the nation, their interrelationships and how they impact the firms. This module also covers the measurements of economic activity, determination of aggregate income, money, banking and prices, exchange rates, the balance of payments and government macroeconomic policy, national output, unemployment, inflation and interest rates. It also analyzes the outcome of alternative government policies related to economic problems
Innovation Economy: Policies and programs to promote innovation and global competitiveness. The development of the global economy and the driving forces and consequences of growing interdependency among nations and impact on businesses.
Special Issues: Understanding how the changing patterns of trade and migration of capital and labor impact business. Analysis of cyclical and secular trends in output, employment and investment
Courseware Content (Customized)
The Managerial Economics training courseware includes the following:
Participant's training guide
Subject matter handbook and lecture notes
Executive summary of the subject matter:
Summary of essential concepts and management best practices
Examples and case studies
Managerial economics toolkit (management frameworks, decision-models, and checklists)
Courses By Industry - Optional Customization
(For Group Training):
The management seminars and case studies can be customized to each industry, including: government and public sector management, banking, insurance and financial services management, investment and asset management, energy, utilities, oil and gas management, trade and retail management, education management, pharmaceutical, healthcare, hospital management, construction management, real estate management, agriculture and fishery management, food and restaurant management, telecommunication and information technology management, transportation, freight and logistics management, aerospace, automotive, airlines management, hospitality management, tourism, travel and leisure management, media management, and manufacturing management.
Performance Evaluation (Optional)
Performance evaluation is optional and can be evaluated on the basis of individual or team project deliverables
There are no Q&A exams or tests. Candidates can choose to complete customized experiential work-based projects such as developing a relevant analysis document, management strategy, action plan or a senior management presentation
The course advisor will review the deliverables and provide improvement feedback. The evaluation is a form of management consulting and personalized experiential coaching for performance improvement
Executive Seminar Registration
- Accelerated workshop in-classroom (In-person)
- Requires seat reservation
- Executive Seminar Registration
