Micro-Credential Credit Bearing

Micro-Credential in
Managerial Economics​


Course Category:

Business Skills, Marketing Skills, Management Skills

Mode of Delivery: 

Conventional / ODL

Language of Instruction:


Level of the Course:

Year 1


Not Applicable

Credit Value:

3 credits


14 Academic Weeks

Total Learning Hours:

120 hours


The objectives for this micro-credential is to focus on a better understanding of the business world and demonstrate the relevance of economics for business decisions and management of organizations.

Learning Outcomes

  1. Discuss the changes in industrial structure, the concept of business objectives, profit maximization, business ethics and corporate governance
  2. Discuss consumer behavioral theories, factors that affect the demand for an organization’s product or service, estimation and forecasting techniques of demand, pricing policies and strategies for organizations operating under various market conditions
  3. Examine the concepts of perfect competition, monopolistic competition and oligopoly with consideration of how the structure of markets can influence theoretical and practical pricing decisions with social costs, social benefits and government intervention as a way of controlling market failure
  4. Investigate managerial decision making with common investment appraisal techniques under risk and uncertainty circumstance

Assessment Methods 
and Types:

Assignment -30%, Project– 40% and Final Exam -30%

Content Outline:

  1. The Scope of Managerial Economics
  2. The Organization and Its Environment
  3. Business Objectives and Profit Maximization  
  4. Ethics and Corporate Governance
  5. Consumer Behaviors
  6. Demand and Elasticity 
  7. Demand Estimation and Forecasting
  8. Costs Determinants and Behavior
  9. Market Structures and Game Theory
  10. Pricing Decisions and Practices
  11. Investment Appraisal Techniques and Managerial Implications
  12. Decision Making under Conditions of Uncertainty and Risk  
  13. Social Costs and Government Regulation of Business

Additional Requirement:

– Able to communicate in English

Entry Requirement:

Minimum Age: 22 years old

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Next Intake

Contact us to check the next available intake

Time Table

Every Thursday 7pm – 10pm

Course Price:


Why Choose a Micro-Credential Credit Bearing?

Pathway to Academic Qualification
Stackable & Modulised Learning
Competency & Versatility
Recognition & Accredited
14 Academic Weeks
Join RU Class
Doing While Learning
Digital Credentials
Life Long Learning

Pathway to the Qualification

Entry Requirement of the Origin Programme

Master of Business Administration

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