In the exceedingly fast-paced business world, growing business demands a clear grasp of how a firm obtains a competitive advantage in its operations, how the business cycle and monetary policies impact the firm’s ability to maximize shareholders’ wealth, and how to obtain and efficiently use data to develop actionable business strategies. The Managerial Economics and Business Analytics Specialization is targeted towards aspiring managers, senior managers, and business executives who wish to have a well-rounded knowledge of firm-level and country-level economics, modern financial institutions and central bank policies, and statistical data analysis and business decision-making.
Managerial Economics and Business Analysis Specialization
Managerial Economics and Business Analysis Specialization
Unravel Economics to Drive Business Decisions. Learners will be able to use economic logic and statistical analysis to make complex decisions that consider microeconomic factors, macroeconomic indicators, and central bank policies to obtain a competitive advantage in their professional practices and personal lives.
Instructors: Fataneh Taghaboni-Dutta, Ph.D., PMP, CSM, CSPO
Included with 
Get in-depth knowledge of a subject
(2,744 reviews)
Beginner level
Recommended experience
3 months at 10 hours a week
Flexible schedule
Earn a career credential
Share your expertise with employers
Get in-depth knowledge of a subject
(2,744 reviews)
Beginner level
Recommended experience
3 months at 10 hours a week
Flexible schedule
Earn a career credential
Share your expertise with employers
What you'll learn
Skills you'll gain
- Banking
- Probability & Statistics
- Regression Analysis
- Supply And Demand
- Statistical Methods
- Statistics
- Probability Distribution
- Business Analytics
- Statistical Analysis
- Statistical Inference
- Economics
- Statistical Hypothesis Testing
- Sampling (Statistics)
- Market Dynamics
- Financial Systems
- Data-Driven Decision-Making
- Descriptive Statistics
- Financial Policy
- Bank Regulations
Tools you'll learn
What’s included
Shareable certificate
Add to your LinkedIn profile
Taught in English
106 practice exercises
Advance your subject-matter expertise
- Learn in-demand skills from university and industry experts
- Master a subject or tool with hands-on projects
- Develop a deep understanding of key concepts
- Earn a career certificate from University of Illinois Urbana-Champaign
Specialization - 6 course series
What you'll learn
Describe consumer behavior as captured by the demand curve and the supply curve.
Explain the impact of taxes and price controls on market equilibrium.
Explain elasticity of demand.
Describe cost theory and how firms optimize given the constraints of their own costs and an exogenously given price.
Skills you'll gain
Supply And Demand, Cost Management, Business Economics, Market Dynamics, Production Management, Consumer Behaviour, Resource Allocation, Tax, Price Negotiation, and Economics
What you'll learn
Explain how different market structures result in different resource allocations.
Model the impact of external shocks to a particular market structure and demonstrate the new equilibrium price and quantity.
Explain when and why the government might intervene with regulatory authority or antitrust litigation to lessen inefficiencies in some markets.
Describe how information problems can cause inefficient outcomes.
Skills you'll gain
Economics, Competitive Analysis, Game Theory, Resource Allocation, Decision Making, Supply And Demand, Market Analysis, Business Economics, Market Dynamics, and Public Policies
What you'll learn
Summarize large data sets in graphical, tabular, and numerical forms.
Understand the significance of proper sampling and why you can rely on sample information.
Use sample information to infer about the population with a certain level of confidence about the accuracy of the estimations.
Use Excel for statistical analysis.
Skills you'll gain
Descriptive Statistics, Probability & Statistics, Sampling (Statistics), Graphing, Statistical Inference, Data Presentation, Data Collection, Data Analysis, Probability Distribution, Exploratory Data Analysis, Business Analytics, Analytics, Histogram, Statistics, Statistical Analysis, Decision Making, and Microsoft Excel
What you'll learn
Test for beliefs about a population.
Compare differences between populations.
Use the linear regression model for prediction.
Learn how to use Excel for statistical analysis.
Skills you'll gain
Statistical Hypothesis Testing, Regression Analysis, Statistical Inference, Statistical Analysis, Predictive Analytics, Business Analytics, Probability & Statistics, Microsoft Excel, Data-Driven Decision-Making, Statistical Methods, and Descriptive Analytics
What you'll learn
Appreciate how money and finance can benefit the real economy.
Describe how modern banks earn a profit.
Compare and contrast banks with other providers of debt finance and payments.
Explain why financial regulations are needed and their impacts.
Skills you'll gain
Bank Regulations, Operational Risk, Commercial Banking, Financial Systems, Credit Risk, Risk Management, Financial Regulation, Financial Services, Balance Sheet, FinTech, Financial Market, Retail Banking, Payment Systems, and Banking
What you'll learn
Describe and understand the functioning of the key money markets.
Describe the main policy objectives of central banks.
Examine how, by controlling interest rates, monetary policy influences inflation and unemployment.
Describe how monetary (and fiscal) authorities respond to stress in financial markets.
Skills you'll gain
Financial Market, Financial Policy, Financial Regulation, Banking, International Finance, Market Liquidity, Economics, Market Dynamics, Crisis Management, and Financial Data
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
Build toward a degree
This Specialization is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
Instructors
University of Illinois Urbana-Champaign
7 Courses72,707 learners
Offered by
Compare with similar products
| Rating | ||||
|---|---|---|---|---|
| Level | ||||
| Skills | ||||
| Tools | ||||
| Last updated | ||||
| Number of practice exercises | ||||
| Degree eligibility | ||||
| Part of Coursera Plus |
You might also like
Why people choose Coursera for their career
Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."
Open new doors with Coursera Plus
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
Join over 3,400 global companies that choose Coursera for Business
Upskill your employees to excel in the digital economy
Frequently asked questions
Time to completion can vary widely based on your schedule, most learners are able to complete the Specialization in 3-6 months.
Each course in the Specialization offers regular and open enrollment. You can begin and complete the course on your own schedule.
Some familiarity with economic reasoning and concepts is recommended
More questions
Financial aid available,