Illinois Tech
Strategy & Economic Analysis Specialization
Illinois Tech

Strategy & Economic Analysis Specialization

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Get in-depth knowledge of a subject

(20 reviews)

Beginner level

Recommended experience

Flexible schedule
4 months at 10 hours a week
Earn a career credential
Share your expertise with employers
Get in-depth knowledge of a subject

(20 reviews)

Beginner level

Recommended experience

Flexible schedule
4 months at 10 hours a week
Earn a career credential
Share your expertise with employers

Overview

  • How to develop strategic plans, foster innovation, lead teams, make data-informed decisions, and adapt to changing business environments.

What’s included

Shareable certificate

Add to your LinkedIn profile

Taught in English
Recently updated!

May 2025

71 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 Illinois Tech

Specialization - 4 course series

What you'll learn

  • Analysis of a company's opportunities, threats, strengths and weaknesses.

  • Different types of competitive strategies and how to choose them.

  • How do today's companies achieve long term success and profitability.

Skills you'll gain

Category: Competitive Analysis
Category: Business Strategy
Category: Resource Management
Category: Value Propositions
Category: Strategic Thinking
Category: Cost Reduction
Category: Business Strategies
Category: Business Analysis
Category: Strategic Decision-Making
Category: Market Analysis
Category: Market Opportunities

What you'll learn

  • How to explain the basics of supply and demand curves.

  • How to characterize variable and fixed costs.

  • How to analyze short-run and long-run equilibria in competitive markets.

Skills you'll gain

Category: Market Analysis
Category: Supply And Demand
Category: Game Theory
Category: Cost Accounting
Category: Market Dynamics
Category: Decision Making
Category: Economics
Category: Competitive Analysis
Category: Market Opportunities
Category: Business Strategy
Category: Operating Cost
Category: Business Economics
Category: Market Trend
Category: Business Modeling

What you'll learn

  • Disruptive Innovation

  • Blue Ocean Strategy

  • International Strategy

Skills you'll gain

Category: Business Strategy
Category: Competitive Analysis
Category: Innovation
Category: Market Analysis
Category: Business Development
Category: Market Opportunities
Category: New Product Development
Category: Strategic Thinking
Category: Target Market
Category: Global Marketing
Category: Product Lifecycle Management
Category: Technology Strategies
Category: Business Technologies

What you'll learn

  • The economic concept of elasticity, and how to utilize it in making informed decisions on pricing products.

  • Sources of market power and how firms with market power set prices, segment customers, and customize prices to different segments.

  • Concepts in game theory, including simultaneous games, sequential games, auctions, and adverse selection issues.

Skills you'll gain

Category: Business Economics
Category: Game Theory
Category: Strategic Decision-Making
Category: Market Dynamics
Category: Consumer Behaviour
Category: Economics
Category: Business Strategy
Category: Price Negotiation
Category: Market Analysis
Category: Competitive Analysis
Category: Target Market
Category: Policy Analysis
Category: Supply And Demand

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 Illinois Tech. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹

 

Instructors

Liad Wagman
Illinois Tech
2 Courses5,958 learners
Priyanka Sharma
Illinois Tech
2 Courses5,958 learners
M. Krishna Erramilli
Illinois Tech
2 Courses5,049 learners

Offered by

Illinois Tech

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