is now LinkedIn Learning!

To access courses again, please join LinkedIn Learning

All the same content you know and love

Plus, personalized course recommendations tailored just for you

All the same access to your Lynda learning history and certifications

Try LinkedIn Learning for free
Questions? Visit our help center.
Skip navigation

Economic fallacies

Economic fallacies: Managerial Economics
Economic fallacies: Managerial Economics

While managerial economics appears to be very rational, economist quite often suffer from different fallacies. The short run fallacy leads to decisions that are not optimal on the long term. linear thinking fallacies don't take into account side effects and feedback loops. Maximizing fallacies undermine that a satisfying solution might work just well, and the correlation versus causality fallacy assumes causal relationships where they don't exist.

Resume Transcript Auto-Scroll
Skill Level Intermediate
1h 20m
Show More Show Less
Skills covered in this course
Business Accounting Management video2brain Leadership

Continue Assessment

You started this assessment previously and didn't complete it. You can pick up where you left off, or start over.

Start My Free Month

Start your free month on LinkedIn Learning, which now features 100% of courses. Develop in-demand skills with access to thousands of expert-led courses on business, tech and creative topics.

Start My Free Month

You are now leaving and will be automatically redirected to LinkedIn Learning to access your learning content.