Macroeconomics Diploma

Diploma in Macroeconomics - Level 3

Macroeconomics is a part of economics that deals with the structure, performance, behavior and decision making of an economy. It is a very important concept that accesses the overall performance of a country in terms of national income, making it an essential area of study not just for economists, but also for entrepreneurs, business owners, business consultants and managerial officials. Therefore, this Diploma in Macroeconomics – Level 3 has been developed to enlighten the interested learners on all the aspects of macroeconomics to help them make effective businesses decisions based on them.

This course will teach you how the price system works and what causes the supply and demand to shift in different situations. The key components such as gross domestic product, interest rate, growth theory, price and inflation will also be amply covered to help you calculate profit and anticipate market outcomes.

The other modules include topics such as the labour market, price discrimination, Neo-classical synthesis, the complete Keynesian model and many more macroeconomic principles and theories. You will also come to understand demand, supply and equilibrium and how it influences the market to easily apply it within an organisation or while making financial or investment decisions. By the end of this course, you will walk away with a certification that will give you the confidence you need to excel in your job.

The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This means that Global Edulink* has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Quality Licence Scheme, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed by Global Edulink* to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current qualifications. Quality Licence Scheme endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. We will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

*1Training is an approved reselling partner for Quality Licence Scheme courses under Global Edulink

Why study at 1Training?

1Training offers the most convenient path to gain skills and training that will give you the opportunity to put into practice your knowledge and expertise in an IT or corporate environment. You can study at your own pace at 1Training and you will be provided with all the necessary material which includes Free CV writing pack to make your learning experience enriching and rewarding.

When you enroll for this programme, you will additionally receive two CPD accredited courses for free from 1Training. You have the opportunity to choose your preferred courses from a recommended list, and earn more CPD Points/Hours to your portfolio. The courses that you can choose from have been indicated on our suggested course below.

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What Will I Learn?

• Gain a clear understanding of how the price system works.
• Learn how to calculate profit. Anticipate market outcomes.
• Understand supply, demand and equilibrium.
• Gain an understanding of the labour market and discuss price discrimination.
• Gain essentials of microeconomics.
• An academic qualification will enable learners to have the confidence in their skills in their field of study and apply practical knowledge in their job position.

Course Curriculum

1: Prices and inflation. Essentials of macroeconomics
2: Exchange rate. Essentials of macroeconomics
3: Gross domestic product. Essentials of macroeconomics
4: The components of GDP. Essentials of macroeconomics
5: The labour market. Essentials of macroeconomics
6: Money and banks. Essentials of macroeconomics
7: Interest rate. Essentials of macroeconomics
8: Macroeconomic models. Essentials of macroeconomics
9: Growth theory. Essentials of macroeconomics
10: The classical model. Essentials of macroeconomics
11: Keynesian cross model. Essentials of macroeconomics
12: Is-Lm-model. Essential of macroeconomics
13: The as – ad - model. Essential of macroeconomics
14: The complete Keynesian model. Essential of macroeconomics
15: The neo-classical synthesis. Essential of macroeconomics
16: Essentials of macroeconomics. Essential of macroeconomics

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Method of Assessment

In order to complete the Diploma in Macroeconomics – Level 3 successfully, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments.

Certification

Option 1 – Quality Licence Scheme Certification

At the Completion of this course successful learners will receive a Certificate of Achievement from Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

Certification Fee (Printed Quality Licence Scheme Certificate) – £49

Option 2 – CPD Accredited Certificate

Learners who complete the course successful will receive a CPD Accredited Certificate.

Certification Fee (E Certificate/ PDF Copy) – Free

Certification Fee (Printed Certificate/ Hard Copy) – £39

Course Code: QLS-04462

Awarding body (Accreditation)

Quality Licence Scheme have long-established reputations for providing high quality vocational qualifications across a wide range of industries. Quality Licence Scheme combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, Quality Licence Scheme also offers qualifications for all ages and abilities all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

• Entrepreneurs and Economists
• Business owners
• Business Consultants
• Professional learners, undergraduate students

• Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
• A qualification at level 2 or above in any discipline.

• Business Consultant – £38,159 per annum
• Small Business Owner – £24,747 per annum
• Small Business Operator – £25,759 per annum
• Economist – £35,731 per annum
• Economic Consultant – £36,079 per annum

Currently there are no Q&As for this course. Be the first to ask a question.

Certificate of completion

Digital certificate - Included