|Training Methods:||Action Learning Seminar and Workshop|
|Course Venue:||USA West: Las Vegas, NV. Los Angeles, CA. San Francisco, CA. Seattle, WA.
USA East: Chicago, IL. Houston, TX. New York, NYC, NY. Washington, DC. Miami, FL.
|Course Duration:||4 days (2 days seminar + 2 day project)|
|Course Times:||9:30 AM - 3:30 PM|
|Course Dates:||Management Training Courses Calendar|
|Group Discounts:||10% for 2 delegates. 15% for 3 or more delegates. Government and non-profit delegates receive up to 20% discount for 4 or more delegates. Valid only for Las Vegas venue.|
|Course Options:||Available on client site for a group of 5 or more delegates. Contact us for customization of training topics and duration or one-to-one coaching.|
|Course Advantage:||Client Testimonials. Training Excellence. CEO Club|
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
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. It does not focus on macroeconomic and monetary policies, statistics, mathematical models or predictive analysis
Develop the core managerial economics skills and competencies, including economics knowledge for business planning, control, problem-solving, and communication.
Experiential action learning
25%-50% theory and 50-75% experiential project work
The development of management skills is based on KASAC executive education and management training model
Top Managerial Economic Questions
Quick overview of Economics
Production Factors. Market Operations. Types of Economic Systems
Microeconomics for Decision-making
Supply, Demand Price
Market and Consumer Behaviors
Macroeconomics for Decision-making
Key Economic Metrics (KPI)
The Global Economy
Macroeconomic. Microeconomics. Supply and Demand. Government Policies and Regulations. Economic Risks and Strategies. International Business. Innovation Economy. Offshoring. Global Economy. Global Competitiveness. Knowledge Economy. Pareto 80/20 Law. Hofstede's National Differences. Oligopoly. Monopoly. Competition. Managerial Economics Best Practices
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
The Managerial Economics training courseware includes the following:
Participant's training guide
Subject matter books
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 training 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 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 experiential coaching for performance improvement
||Training Course Registration|
3 to 5 Days Short Executive Seminars and 1 to 12 Months Advanced Management Programs
:::. New York, NY.
Barcelona, Spain. Zurich, Switzerland.
Amsterdam, Netherlands. Vienna, Austria. Dublin, Ireland.
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Oslo, Norway. Kiev, Ukraine