StudySection gives you an opportunity to judge your understanding of economic concepts, the applications of economic theories in business, and the importance of economic methods in the decision-making process by launching a Free Online Certification Exam (Foundation). This Certification Exam is suitable for beginners who have basic knowledge of economics. The objective of this certification exam is to understand the key concepts, theories, and tools that are used in business problem solving and decision-making processes.
Managerial Economics is a branch of management studies that focuses on applying micro and macroeconomic ideas to solve problems in organizations. Managerial Economics uses microeconomic ideas to assist managers in making effective and efficient decisions. It employs several macroeconomic elements to assist companies to take decisions in accordance with market trends. Firms utilize this field of economics not just to solve issues in day-to-day operations but also to prepare for the future. Firms use managerial economics to deal with business problems in a logical way.
This certification exam consists of several multiple-choice questions on the fundamentals of this program. Some questions may have more than one correct option, and you must select all the correct options in order to make your answer right. After you have successfully passed this online Certification Exam (Foundation), you will become eligible to get an e-Certificate and a certification badge that can be used to enhance your career profile and social media profiles too.