MBA - Managerial Economics 01

Поділитися
Вставка
  • Опубліковано 28 сер 2024
  • MBA Course in Managerial Economics at Prince Sultan University. Lecture 1 covers introductory overview to economics - choice, economic decisions, scarcity, scare resources, limited resources, human action, purposeful behavior, trade-offs, opportunity cost, marginal analysis, efficiency, productivity, means, resources, inputs, money, capital, labor, land, utility, modeling, economic models, microeconomics, firms, businesses, household, macroeconomics, GDP, stock market capitalization, imports, exports, trade surplus, trade deficits, inflation, unemployment, currency board, fixed-exchange, gold, consumer goods and services, input variables, output variables, model theory, model variables, causation, correlation,
    Prince Sultan University, Saudi Arabia
    Professor: Dr. Krassimir Petrov

КОМЕНТАРІ • 253

  • @GabrielMaipose
    @GabrielMaipose 11 років тому +21

    Sir, your lectures helped me pass all my economics exam throughout my 3 years of Bcom. i look forward to watching more when i start my MBA. God richly bless you for you are helping those who can not access expensive lectures in class yet they have the capacity to learn.
    You are wonderful. I salute you.

  • @ComfortAgyekum
    @ComfortAgyekum 10 років тому +21

    Krassimir, thanks for your selfless attitude of sharing the rich knowledge
    you have for free. You make the course very practical. Congrats!

  • @kmpetrov
    @kmpetrov  12 років тому +3

    I have uploaded over 10 courses with over 100 lectures, so you can now get the KNOWLEDGE of a full degree complete for free. This is the wave of the future and you are one of the first beneficiaries. Enjoy!

  • @kmpetrov
    @kmpetrov  12 років тому +41

    Thank you. I have tried to keep all explanations clear throughout the entire course and even throughout my entire teaching. It should be pretty much the same for all of my courses.

    • @manararmy3731
      @manararmy3731 5 років тому +1

      جدا احب محاضراتك واتمنه اعرف اسم الكتاب الاشرت له

    • @manararmy3731
      @manararmy3731 5 років тому +2

      انا من العراق موظفه بنك واتابعك حتى خلال عملي باوقات الفراغ اتابعك

    • @manararmy3731
      @manararmy3731 5 років тому +1

      مشكلتي اللغه ضعيفه 😥😥

    • @SuperTALAL24
      @SuperTALAL24 4 роки тому

      @@manararmy3731 study English through Internet.تعلمي من خلال الإنترنت

  • @Businessblend
    @Businessblend 3 місяці тому

    Doing my MBA, I wanted some more thorough explanations. I put MBA Economics into UA-cam and Voila! Now this is one of my favorite channels! Thanks for your lectures

  • @EmanueleDonatiplus
    @EmanueleDonatiplus 11 років тому +9

    Dear Professor, your lectures are absolutely useful! You have the gift of clear communication. Thanks for sharing such rich knowledge to the rest of us.

  • @kyawhtay2835
    @kyawhtay2835 8 років тому +6

    I am an Engineer from Myanmar with no background in Economics. Until I found out your channel I thought these subjects would be very difficult. Actually , with you the opposite is true. Thank you sir.

    • @kmpetrov
      @kmpetrov  8 років тому +4

      +Kyaw Htay Thank You. This was my goal: to make it really easy for everyone around the world to learn business and economics.

  • @NahlaOT
    @NahlaOT 2 роки тому +2

    I attended this course in 2008 at Prince Sultan University. Thanks for sharing Prof. Petrov.

    • @littlefairyland763
      @littlefairyland763 Рік тому

      Where is sultan university? Are they provide scholarship? I like to get MBA

  • @renypohan203
    @renypohan203 8 років тому +6

    You are a very good teacher, Mr. Petrov. Lucky me finding your video right before the midtest. May u be in good health to be able to teach us always..Aamiin

  • @CtineW
    @CtineW 10 років тому +3

    Wonderful. I just started my MBA courses this week and I did not receive a general economics overview at the beginning of my Managerial Economics class. I really needed the refresher and you cover it so well. I don't feel overwhelmed anymore. I look forward to watching each video as I move through the course.Thank you very much from Florida, USA.

  • @raghunandan24
    @raghunandan24 10 років тому +21

    perfect teacher, he can explain ant concept easily.

  • @kmpetrov
    @kmpetrov  11 років тому +1

    This IS MICROECONOMICS. This is it! They just call it "Managerial" for MBA. The name is only different, but the course is Microeconomics.

  • @kmpetrov
    @kmpetrov  11 років тому +5

    Enjoy learning. You have about 15 different courses so far, mostly in investments and finance.

  • @akintayo
    @akintayo 9 років тому +1

    Wao, just wao. Your style of teaching blew my mind. Just wao!!! Thank you sir for making the videos available for free.

  • @Kjohnston117
    @Kjohnston117 4 роки тому +2

    Professor thank you so much for providing these lecture videos!
    They have helped me so, so much in my studies and I highly recommend them to other students that also struggle with these subjects!
    I cannot thank you enough!

  • @jerickdelagente1082
    @jerickdelagente1082 10 місяців тому

    Dear Professor Petrov,
    I am so thankful to find your very educational videos! You really helped me (as well as other who use to watch your videos) to understand these very complicated topics! Actually, I consider myself very fortunate to be able to watch your video and to listen to the teachings of a world class instructor! I wish you good health and God bless you always!
    I hope someday I will become a successful businessman or economist! And I will say that you have a meaningful part on that success!
    Your youtube student from the Philippines,
    Jerick Dela Gente

  • @kmpetrov
    @kmpetrov  11 років тому +6

    John, that was 5 years ago. There is not much I can do about it now. But you can: you can choose not to watch.

  • @theparanormalsacrificer3639
    @theparanormalsacrificer3639 4 роки тому +1

    WE NEED MORE PEOPLE LIKE YOU

  • @jingd343
    @jingd343 10 років тому

    I just enrolled at MBA and one of our subject is Managerial Economics, we only meet once a week with the Professor and so videos like these helped me a lot. Thank you sir from Philippines!

  • @ahmedalsadeik6692
    @ahmedalsadeik6692 4 роки тому +1

    Many many thanks for valuable information. You are great talented expert.

  • @dragonjake6968
    @dragonjake6968 8 років тому +9

    Thank you so very much for the great videos, i'm sure someday you'll be star teacher on youtube well you already are but bigger nevertheless you are a true hero and inspiration thank you so much for your videos it is truly appreciated truly God's gift thank you!

  • @LeanaDerois
    @LeanaDerois 11 років тому +1

    YAY Thanks. I will be taking Microeconomics in the Spring and this is going to help me so much. I love your videos.! You have my 100% support!

  • @Miloun
    @Miloun 6 років тому +1

    Dr. Petrov, thank you for posting this. A great way for me to catch up on the theoretical knowledge. Keep up the great work!

  • @kmpetrov
    @kmpetrov  11 років тому +2

    Thank you Andy. I start teaching next month in Thailand and will hopefully also visit Vietnam for a few days.

  • @rajeshbhosale2008
    @rajeshbhosale2008 10 років тому +1

    Professor Petrov...thanks a lot for this extremely useful and interactive video course!!! Pls continue this fantastic work for all your subject matter expertise. I have shared your UA-cam channel to all my Part-Time MBA classmates!!!

  • @21biancca
    @21biancca 11 років тому +1

    Dear Sir,Your lectures are really good to hear and understand.I am an online student so its a bit difficult for me to read the whole chapter and use my head to understand it.I finally found your support:)I am very satisfied with your lectures,Thankyou so mch you have been really helpful..!!

  • @dr.wezisunkutumd8745
    @dr.wezisunkutumd8745 2 роки тому

    Great stuff Prof, thank you. Greetings from Zambia 🇿🇲 🔥👌

  • @TUSHKI10S
    @TUSHKI10S 11 років тому +1

    Thanks a ton.
    crisp and clear .
    your method of teaching is good , just too good.

  • @abdullahibehi
    @abdullahibehi 8 років тому +4

    Thanks for publishing your lectures on UA-cam. This has been very helpful.

  • @sangeethasrinivasan6918
    @sangeethasrinivasan6918 9 років тому +8

    thanks a lot! a teacher shud be like u!! the way u teach s gret...

  • @boatsoar2557
    @boatsoar2557 2 місяці тому

    Got the education okus my own research. Now here. Youre intelligent to a degree. You know how to tell a european student to look around. It also plays on youtube internationally.

  • @kmpetrov
    @kmpetrov  11 років тому +1

    Managerial Economics is totally different -- it is more of a basic MICROECONOMICS for MBA students. You should definitely watch it too, as it is very basic and introductory. The fact that you are asking this question definitely means that you have to watch it.

  • @mohamedsharifabdulle3554
    @mohamedsharifabdulle3554 6 місяців тому

    @ 9:38 A trade-off refers to the sacrifice or compromise made when choosing one option over another, often involving giving up something to gain something else. Opportunity cost, on the other hand, refers to the value of the next best alternative forgone when a decision is made. In essence, while trade-offs involve comparing options at a specific moment, opportunity cost focuses on the value of the foregone alternative.

  • @tuenguyen1225
    @tuenguyen1225 8 років тому +1

    Thank you very much. your lectures helped me a lot.
    greeting from Vietnam

  • @mamito88
    @mamito88 8 років тому

    Thank God I found your very insightful lectures. Thank you very much Sir! I hv found my lecturer.

  • @birshu1234
    @birshu1234 11 років тому

    Dear Professor, great listening to your video....i am doing correspondence course...so these videos are extremely useful for me.....thnx for your kind effort in publishing these lectures.

  • @nguyenduong636
    @nguyenduong636 8 років тому +1

    You are so inspiring!!!You make this subject easy to follow /understand. My professor make this class so complicated. I need to pass this class to graduate in December.

    • @kmpetrov
      @kmpetrov  7 років тому

      Thank You. May be one day I will teach in Vietnam too.

    • @nguyenduong636
      @nguyenduong636 7 років тому

      Krassimir Petrov oh that would be great! Ah I wish you teach an online class that I can take. I'm currently have to retake this class since my professor is horrible, yet he is the only professor who is teaching this class in the program.

  • @vicocapmilo2104
    @vicocapmilo2104 9 років тому +1

    finally.. its helps a lot.... from Malaysia ;)

  • @kmpetrov
    @kmpetrov  11 років тому +2

    So, then you should use this course as a general background, just like with MBA.

  • @AikiTrini
    @AikiTrini 12 років тому +1

    I think he has an over supply of neck tie :) Great lecturer by the way

  • @7474Diana
    @7474Diana 11 років тому

    I like the way he makes me listen to more and more - initially I just wanted to listen a bit, and then ended up listening to the Whole thing -- It was good - definately want to hear more about this subject

  • @vl2663
    @vl2663 4 роки тому +3

    Mr. Petrov will you ever re-record this course in HD? I know you have a recent playlist you made last year about Microeconomics, could that still count as Managerial Economics?

  • @alonehero2866
    @alonehero2866 8 років тому +2

    iam inspire from your presentation style -- you are great

  • @anthonyho0802
    @anthonyho0802 10 років тому

    Dear Professor! Thanks for your useful and wonderful videos. I'm going to learn about Managerial Economics in my MBA class of Leizig University tomorrow, I tried to pre-learn and I saw your videos those are easily to understand.

  • @saranyabmohan1905
    @saranyabmohan1905 9 років тому

    Thanks a Lot sir , Even though not from commerce background i can understand well from your lecturers . It's really helping to my part time MBA course

  • @kmpetrov
    @kmpetrov  11 років тому

    Enjoy. There are about 15 more courses. Spread the word too.

  • @bunmeng007
    @bunmeng007 11 років тому

    Absolutely appreciate your lecturer. Your lecture is delivered with stress on the important phrases. It's very simple to follow. Thanks Doctor.

  • @kmpetrov
    @kmpetrov  12 років тому

    Cannot be heard where/when??? at which minute and second? It plays just fine. is there something wrong with your settings?

  • @HaiHoang-tg7sf
    @HaiHoang-tg7sf 8 років тому

    You're an excellent teacher ! Thanks a lot
    From Vietnamese student .

    • @kmpetrov
      @kmpetrov  8 років тому

      +hải hoàng Thank you. Nice to know that I have many followers in Vietnam.

  • @MrUtuber29
    @MrUtuber29 11 років тому

    Really helpful, tomarrow is my exam. And this video will lead me to secure good marks. God bless u prof.

  • @JustTheHighlights
    @JustTheHighlights 12 років тому

    Don't entertain the troll. Just ignore it or get rid of it.
    I find they don't respond to reason.
    Love the videos!

  • @tanveerameen3101
    @tanveerameen3101 9 років тому

    Better understanding with this, highly appreciated !

  • @kmpetrov
    @kmpetrov  12 років тому +1

    It should be in the video! straight in the beginning!!!

  • @kmpetrov
    @kmpetrov  10 років тому

    Basically, you can get any job that requires business skills. It would be best if you can identify a jib that combines your business with your engineering skills. That's up to you to find.

  • @AmanMehtaInfy
    @AmanMehtaInfy 11 років тому

    Professor it was great listening to your lecture and clearing my concepts...
    Sir, It would be of great help if you mention the topics covered in the lecture in the title so that if someone wants to understand a particular topic then he/she can easily find that...

  • @Nournotebook
    @Nournotebook 11 років тому

    Sir, i can't describe to you how much i'm happy now to Find a Legend like you in teaching all business subjects, specially Accounting , i'm 33 now in the middle of the road , i changed my career to accounting, my question is ? am i old now to become professional accounting ?
    how to improve my skills in accounting ? hope to hear from you Sir,

  • @TheZaratazarata
    @TheZaratazarata 13 років тому

    He is a great professor ! Thankyou for uploading you lessons.

  • @snowflakechi886
    @snowflakechi886 3 роки тому

    i wish i have a teacher like you... great job btw

  • @muluneshlamore4853
    @muluneshlamore4853 5 років тому

    it is attractive and clear presentation

  • @SermonsSubtitled
    @SermonsSubtitled 11 років тому

    Sir, you are AMAZING!!! Your videos deserve a lot more views, thank you so much for all your effort!!!
    May I ask you why dont put advertisement on your videos? You definitely deserve this money and much more!!! Kind regards and may God bless you!!

  • @sanjayracer
    @sanjayracer 11 років тому

    Thank you sir very useful, since i am studying distance education in MBA.

  • @sashibs
    @sashibs 12 років тому

    I know only this part of productivity "Production per hour = Productivity; I learned more from your video ... "You mentioned productivity per machine, customer per taxi for a day " Thank you

  • @ashooexes
    @ashooexes 11 років тому

    Excellent articulation... He is perfect.. Thanks a lot for sharing!

  • @kmpetrov
    @kmpetrov  11 років тому

    I don't know what MBS is. You are supposed to know that. Do your research and find out.

  • @haresharora4035
    @haresharora4035 12 років тому

    Great !! After seeing this video lot of things clear regarding the terms Economics. I will surely follow your Video Sincerely as u each u so sincerely. Whether this term and knowledge his unvirsely accepted

  • @michaelkirby1351
    @michaelkirby1351 2 роки тому

    Excellent. Thank you! 🙏

  • @Industry4.0-India
    @Industry4.0-India 9 років тому

    It was fantastic to listen to your lectures - Thanks from Mumbai , India
    Hope to learn more !

  • @aseelalsousy9853
    @aseelalsousy9853 10 років тому

    great teacher, it really helped me understanding the course

  • @josephlemarlenilemarleni4219
    @josephlemarlenilemarleni4219 7 років тому

    thanks a lot prof. your lectures are awsome

  • @rtp1968
    @rtp1968 4 роки тому

    This will be my first MBA class. I think I’m going to pass out.🙏

  • @memewalisarkar1088
    @memewalisarkar1088 Рік тому

    Best Teacher ❤

  • @aayushkumar7442
    @aayushkumar7442 6 років тому +1

    Thanks sir..... Vary nicely u have explained

    • @kmpetrov
      @kmpetrov  5 років тому

      You are welcome.

  • @jaspertan3863
    @jaspertan3863 10 років тому

    I do not need to attend MBA... Just listen to your video is sufficient..

  • @ThePurna100
    @ThePurna100 11 років тому

    mbs belongs to the faculty of management. in my country we can join master of business studies (MBS) or master of business administration (MBA). i'm a student of mbs. in youtube i have found that lecturers may be only talk about the courses related to MBA. so i want to know whether there is similarity between the courses of MBS and MBA.

  • @diggyafrizal9127
    @diggyafrizal9127 10 років тому +1

    dear professor. i hv a question. i'm from indonesia, 23 years old. next month i will study at MBA. so, what opportunity lies after i graduate from MBA. basically i'm an engineer. thank you.

  • @koteshwarrao6993
    @koteshwarrao6993 11 років тому +1

    25:00 actual beginning of managerial economics

  • @rashmisingh7721
    @rashmisingh7721 6 років тому

    You are amazing sir excellent teaching skill..

    • @kmpetrov
      @kmpetrov  5 років тому

      Thank you very much. Enjoy the lectures and learn.

  • @teghag3297
    @teghag3297 9 років тому

    Thanks dear for the best and clearly understandable lectures. may God bless you more

  • @kmpetrov
    @kmpetrov  11 років тому

    Thanks You. I just want to help people around the world.

    • @ebouleadjabe2017
      @ebouleadjabe2017 4 роки тому

      Good morning sir, I'm interested in your courses. How can I get your textbooks?
      I'm from Ivory coast (Africa)...

  • @kmpetrov
    @kmpetrov  11 років тому +1

    Thank You. Enjoy the rest of the course.

  • @kmpetrov
    @kmpetrov  11 років тому

    Many thanks.

  • @muluneshlamore4853
    @muluneshlamore4853 5 років тому

    If you expand your service more you will enhance many learners.

  • @kmpetrov
    @kmpetrov  11 років тому

    Sorry, I get hundreds of requests for personal advisorship and consulting. I hope you have heard about 'the internet' -- if you have a question, you do a research on 'the internet' and find out the answer for yourself.

  • @omarabdalkrem8783
    @omarabdalkrem8783 2 роки тому

    thx u very much doctor have a nice day

  • @mostafaadel8382
    @mostafaadel8382 8 років тому

    Thank you so very much for the great video

  • @kmpetrov
    @kmpetrov  11 років тому

    Thanks a lot. Where do you come from?

  • @destakidanu442
    @destakidanu442 11 років тому

    The lecture is very attractive and easy to understand; thank you very much. Lecure -01 is not openable afetr it is downloaded; it might be corrupted. Would you please re-upload it.
    Thanks

  • @kmpetrov
    @kmpetrov  11 років тому

    These videos are about 1GB size. It is impossible to send them over e-mail. You need to learn how to download UA-cam video with a specialized software like "UA-cam Video Downloader".

  • @Kenneth_the_Philosopher
    @Kenneth_the_Philosopher 5 років тому

    Actually, it's not the labor market but the fator market which includes the labor market that is studied in economics!

  • @andietran2705
    @andietran2705 11 років тому

    I am vietnamese . I love your shared

  • @sweetsweetjanesays
    @sweetsweetjanesays 11 років тому

    Thank you so much for sharing these lectures!!

  • @caawiyahabulshada2254
    @caawiyahabulshada2254 10 років тому +1

    Thanks really to night benefit a lot of lessons in my self I like accounting but economics is poor subject story scarce thanks boss

  • @zandertrinidad
    @zandertrinidad 11 років тому

    thank you so much for a very wonderful lectures.

  • @kmpetrov
    @kmpetrov  11 років тому

    May be one day I will go and teach in Nepal too. I come originally from Bulgaria. Now I teach at Prince of Songkla University in Thailand. You can also find a lot more details at my Facebook as "Krassimir Petrov".

  • @danielgralnik6752
    @danielgralnik6752 6 років тому

    Thank you very much, sir. Your lectures are engaging :)

    • @kmpetrov
      @kmpetrov  5 років тому

      You are welcome. Learn and enjoy.

  • @yongbiaosun8886
    @yongbiaosun8886 11 років тому

    Ok, that's all right! Thank you very much!

  • @21biancca
    @21biancca 11 років тому

    Oh,okay.Great to know you r from bulagaria:) And teaching in PSU. Yes i will surely find out from your facebook page.And please do visit my country when you get time Sir.!! Its very beautiful and i'm sure you are going to enjoy a lotts:) Takecare.

  • @avtar1699
    @avtar1699 11 років тому

    you are a great guy

  • @Pujasamititexas
    @Pujasamititexas 11 років тому

    Very informative . Thanks

  • @89anush
    @89anush 11 років тому

    Mr.Petrov:
    Thank you for all the videos that you have uploaded. I have learnt a lot from them. I am taking a class in Managerial finance next month and would like to prepare in advance for it. Is the Managerial Economics series that you have uploaded, the same as Managerial Finance?

    • @LifeandLiving2302
      @LifeandLiving2302 Рік тому

      Hello,
      From india. Is this series are same with the topics of MBA, which use in india? My exams are nearby and want to complete my syllabus by just watching these vdos.