AcD Economics Macro Unit 3 includes a variety of modules that enable you to master the concepts of economic management. It is an online training course, which helps you to become a skilled and efficient manager, thus enhancing the overall performance of your business and making it a success.
The core modules in this course are Introduction to Macroeconomics, Microeconomics, and Aggregate Economic Activity. These modules cover basic economics, which is a very important aspect of business management. You will also be given an opportunity to learn about various concepts like demand theory, pricing, marketing, and the impact of external factors on business operations. Through these modules, you will understand how different businesses operate and what the implications of any change are.
In the Introduction to Macro module focuses on basic concepts and methods of economics that help managers understand how the different factors affect their decisions. This module also covers economic theory and uses various models of the economy to make better decisions.
Micro module of this course provides you with the necessary skills to understand the different aspects of microeconomics. It also involves analyzing the market behavior, determining the prices for particular products, and analyzing the changes in consumer demand.
The Aggregate Economic Activity module is designed to help students master the theories related to economic activity and how it influences the overall functioning of a business. It also teaches students how to identify the impact of external factors in a business, how to implement strategies to increase the profitability of a company, and what actions should be taken if an organization experiences a decline in its business productivity.
By taking this course, you can increase your knowledge of the theories of economic management and how they can help you become an efficient manager. Therefore, if you are looking for a complete online education program for the MBA or Master's in Business Administration degree, then this is a great option.
The course is divided into five modules, which include the first four modules which are required for you to complete successfully. These modules include the introductory modules as well as the last one, which provide the last two modules for completion.
The courses available for this course are taught by expert instructors who have an extensive understanding of the subject matter. This ensures that the topics are discussed in an authentic and engaging manner and that allows you to get all the information you need to succeed as an effective manager.
There is no cost involved in taking this course. However, it takes up to three years to complete the course and you will have to re-take the modules at least once if you wish to progress.