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Business & Operations Intermediate

Economics for Business in Excel

Supply and demand, elasticity, costs and profit, market power, inflation, interest rates, GDP and exchange rates: 8 labs that turn economics into numbers.

8 lessons 8 labs 2 h Certificate

  • One-time payment
  • 14-day money-back guarantee
  • Secure checkout with Stripe

What you'll build

What you will be able to do

Each lab ends with a concrete result that you build yourself and the checker confirms, cell by cell.

  • Solve a linear market for its equilibrium, measure the shortage under a price ceiling and find who pays a per-unit tax.
  • Measure how strongly three products react to a price change and whether the change raised revenue.
  • Build marginal and average cost from a cost table and find the output where the bakery earns the most.
  • Find the price a patent holder would charge, compare it with the competitive outcome and measure the loss to society.
  • Turn a price index into inflation rates and find out whether a 29% pay rise was really a rise.
  • Turn nominal rates into real rates and see how inflation changes the value of savings and the cost of a loan.
  • Add up GDP from spending, split nominal growth into real growth and inflation, and check growth per person.
  • Measure how a stronger euro squeezes an importer's margin, reprice the product and check the euro against purchasing power parity.

About this course

Pricing, costs and inflation decisions all rest on a handful of economic ideas, and this course applies each one to a business case. You find market equilibrium and test a price ceiling and a tax, measure price elasticity with the midpoint method and see what it does to revenue, then read cost curves to find the output where marginal cost equals marginal revenue. A demand table compares monopoly with competition. Using a consumer price index you convert nominal values to real ones, connect interest rates and inflation with the Fisher equation, and separate nominal from real GDP with the deflator. The last lab shows how exchange-rate moves and purchasing power affect your margin. For business students, founders and managers without an economics background.

Curriculum

Course content

8 lessons · 8 labs · 2 h · final exam

  1. Supply & Demand: Equilibrium, Price Ceilings and a TaxLab15 min5 checked tasks
    Unlocked when you buy the course
  2. Price Elasticity of Demand: Midpoint Method & RevenueLab15 min4 checked tasks
    Unlocked when you buy the course
  3. Cost Curves & the Profit-Maximising Output (MC = MR)Lab16 min4 checked tasks
    Unlocked when you buy the course
  4. Market Structures: Monopoly vs Competition from a Demand TableLab16 min4 checked tasks
    Unlocked when you buy the course
  5. Inflation & Real vs Nominal: Using a CPILab14 min5 checked tasks
    Unlocked when you buy the course
  6. Interest Rates, Inflation & the Fisher EquationLab15 min4 checked tasks
    Unlocked when you buy the course
  7. GDP Basics: Nominal vs Real, the Deflator and GrowthLab15 min4 checked tasks
    Unlocked when you buy the course
  8. Exchange Rates, Purchasing Power & Your MarginLab15 min4 checked tasks
    Unlocked when you buy the course
  9. Final exam12 questions, 75% to pass, unlimited retries.

Certificate

Finish with a certificate you can verify

Complete every lesson and pass the final exam to receive a certificate of completion for this course, with a unique credential ID and a public verification page.

  • Names the course, your score and the date of issue
  • A verification link for your CV or LinkedIn profile
  • 12 questions, 75% to pass, unlimited retries.

A Tutorvo certificate confirms that you completed a course. It is not an official or professional qualification.

Illustration. Your certificate shows your own name, course and credential ID.

Before you buy

Questions about this course

Is this a subscription?

No. You pay $9.99 once for this course. There is no subscription and nothing renews automatically. Prices are in US dollars; taxes may be added where required.

What exactly do I get?

All lessons and labs of this course, the final exam and the certificate, including later updates to the course, for as long as Tutorvo offers it. Access is personal and tied to your account.

Can I get a refund?

Yes. If you are not satisfied, email hello@tutorvo.com within 14 days of buying and we refund the course in full via Stripe. The guarantee does not apply once a certificate for the course has been issued to you, or where there are signs of abuse.

When can I start?

Right after payment. Access starts immediately at your request; for consumers in the EU/EEA the statutory right of withdrawal therefore ends once access has begun, while our 14-day money-back guarantee applies regardless.

Do I need Excel or other software?

No. The labs run in a spreadsheet inside your browser on a laptop, tablet or phone. Function names and syntax follow Excel.

Is the certificate an official qualification?

No. It confirms that you completed all lessons of the course and passed its final exam. It is not an official, state-recognised or professional qualification. The name is taken from your profile when the certificate is issued.

Full details are in our Terms · hello@tutorvo.com

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