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Economics Diploma Course

10 Modules | Lifetime Access | Study Group Access

Centre of Excellence

Summary

Price
£49 inc VAT
Study method
Online
Duration
150 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
150 CPD hours / points
CPD What's this?
Achievement
Endorsed by The Quality Licence Scheme
Certificates
  • Certificate of completion - Free
Additional info
  • Exam(s) / assessment(s) is included in price
  • TOTUM card available but not included in price What's this?

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Overview

Laying the foundations of your economics knowledge, you’ll learn about the assumptions of economics (and the flaws of these assumptions), along with key theories and the behaviour of economic actors. You’ll gain a basic grasp of core concepts such as economies of scale, market failure, externalities, elasticities, and macroeconomic metrics such as inflation and unemployment.

With this knowledge, you will be able to understand what economic policies are appropriate given the economic landscape, and the potential unintended consequences of such policies.

Achievement

Certificates

Certificate of completion

Digital certificate - Included

CPD

150 CPD hours / points
Accredited by The CPD Certification Service

Course media

Description

The course begins by looking at the basic fundamentals that underpin our assumptions about the economy, including scarcity, choice, opportunity cost, and the objectives of private companies. From there, the course is divided into two parts, covering microeconomics and macroeconomics.

In the area of microeconomics, we’ll examine the price system, elasticity and behavioural economics, production and specialisation, and intervention and market failure.

In the second half of the course, we’ll explore macroeconomics – covering economic growth, inflation and unemployment, international trade, globalisation and exchange rates, and policies and government intervention.

By studying this course, you will:

  • Gain a foundational understanding of economics
  • Learn about microeconomics
  • Learn about macroeconomics
  • Understand economic policies and their potential unintended consequences

Who is this course for?

This course is for anyone wishing to gain a core understanding of how an economy functions in a capitalist society. Studying the Economics Diploma Course, you’ll be equipped to critically analyse economic data and news, understanding what is happening in markets and the macroeconomy.

Following completion of the course, you can build upon the foundational knowledge of economics gained by going on to further study – learning about IS-LM, banking and financial markets, game theory, and econometrics.

Requirements

There are no prerequisites, just an eagerness to learn and an internet connection.

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Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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Similar subjects: Economics, Social Science
Related searches: Diploma courses, Online courses

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