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Managerial Economics

Managerial Economics, a master’s-level course, provides leaders with a perspective that supports fast, evidence-based decision-making in complex business situations. The course integrates the core principles of microeconomics with practical managerial decisions: pricing, forecasting, demand analysis, production and cost strategies, and the influence of the macroeconomic environment. The result is a clear analytical framework that helps you understand what truly drives value in an organisation — and how to manage it effectively.

This course is ideal for leaders who need to see the bigger picture, interpret market dynamics, and make optimised decisions even in conditions of uncertainty. Learning is intensive, applied, and focused on developing tools you can immediately use in your professional context.

Practical info

Time

Jan 23, 2026 - Mar 6, 2026

Capacity

3 ECTS (77 academic hours, of which 15 in classroom, 62 individual work, and 0 practical work)

Prerequisites

To ensure effective participation and meaningful peer learning, applicants are expected to meet the following criteria:

  • Bachelor’s degree or equivalent qualification.
  • At least 3 years of work experience in business or entrepreneurship
  • For non-Estonian residents: EU citizenship or a valid temporary residence permit that allows study in Estonia.

Study Level

Current course belongs to Master's study level

Language

The lectures and study materials are in English.

Method

In class - Students meet with the instructor in class at regularly scheduled times.

Price

€500

Location

EBS University, A.Lauteri 3, Tallinn

Developing an Economist’s Perspective for Advanced Managerial Decision-Making

Managerial Economics equips you with the ability to think like an economist — to recognise relationships, assess economic consequences, and choose solutions that maximise organisational value. It is a skill that separates a good leader from an exceptional one.

Throughout the course, you will work through real managerial situations where pricing, demand analysis and forecasting play a decisive role in business performance.

In short, the course helps you develop an analytical mindset that supports better decision-making in both stable and uncertain environments.

Who is Managerial Economics intended for?

This master’s-level course is designed for managers, team leaders, analysts, and specialists who need to make economically sound business decisions. It is suitable for mid-level and senior executives, entrepreneurs, project managers, and anyone whose work involves assessing market dynamics, cost structures, and production-related impacts.

No prior knowledge of microeconomics is required - only an interest in analytical thinking and improving the quality of managerial decision-making.

Topics Covered

Certificate

Participants who complete the course will receive a continuing education certificate with ECTS credits.

Course structure

The lecture schedule is being finalized. The course will take place on period January 2026 until April 2026, on Fridays and/or Saturdays only.

Purchase access to course

Managerial Economics starts at Jan 23, 2026

Course details

Purchase access to course

Course Date

23.01.2026 - 06.03.2026

Calendar

Course Instructor

 Camila Niño Fernández

Camila Niño Fernández

Senior Lecturer

Camila Niño Fernández is an experienced economist and faculty member at EBS, specialising in microeconomics and strategic business analysis. Her background spans both academic research and applied economic work, particularly in market dynamics and managerial decision-making. Camila is known for her clear, practice-oriented teaching style, helping learners translate complex economic models into real-world management decisions.

She holds a PhD in Economics (Aix-Marseille University, 2012), a Master’s degree in Public Economics (Aix-Marseille University, 2007), and an M.A. in Economics from Universidad de Los Andes (2005)

Price

€500

VAT will not be added to course price

Purchase access to course

Payable in several instalments!

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Learning Journey Advisor

Kadri Osula

Learning Journey Advisor

kadri.osula@ebs.ee