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Intermediate Economics Level 3 cover image

Intermediate Economics Level 3
Cambridge Open Academy

Big Sale Event | CPD Accredited | Interactive Learning Materials | Free PDF Certificate | Tutor Support | Updated 2026

Summary

Price
£21 inc VAT
Study method
Online
Duration
3 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
10 CPD hours / points
CPD What's this?
Certificates
  • Certificate of Completion (PDF) - Free
  • Certificate of Completion (Hard Copy) - £9.99
Assessment details
  • Mock Exam & Final Exam (included in price)
Additional info
  • Tutor is available to students
3 students purchased this course

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Overview

Economics, the science of scarcity and choice, underpins every facet of our global society. Dive into the intricacies of economic systems and their impact on our lives with our Intermediate Economics Level 3 course. The Intermediate Economics Level 3 course offers a deeper understanding of key economic principles and theories, building on foundational knowledge to enhance your analytical skills in economics. This course is designed to equip you with the tools needed to critically analyze economic issues and apply economic concepts to real-world situations.

Over twelve comprehensive modules, you'll explore fundamental economic concepts, from the market system to market structures, monetary systems, and key economic indicators. Immerse yourself in the world of supply, demand, prices, elasticity, and more, all within the context of the UK's economic landscape.

Learning Outcomes:

  • Analyse the fundamental principles of economics, from the market system to market failures, providing you with a solid theoretical foundation.
  • Understand the forces of supply, demand, and elasticity, enabling you to grasp how prices are determined and how they impact the economy.
  • Explore the intricacies of market structures, differentiating between perfect competition and monopoly, crucial for assessing market dynamics.
  • Gain insights into the financial system and its role in the economy, including money creation and banking.
  • Learn to measure GDP, economic growth, unemployment, and inflation, offering a comprehensive understanding of key economic indicators.
  • Develop a critical perspective on economic issues and policies that influence individuals and society.

Certificates

Assessment details

Mock Exam & Final Exam

Included in course price

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

In the Intermediate Economics Level 3 course, you will explore advanced topics in microeconomics and macroeconomics, including market structures, economic policies, and the impact of global economic trends. The course provides a thorough examination of how economic forces shape business and government decisions. Through a blend of theoretical frameworks and practical applications, you'll gain the skills to understand complex economic dynamics and make informed decisions in various economic contexts.

Comprising 12 modules, this course offers an in-depth exploration of economic principles. From understanding market dynamics and supply-demand relationships to delving into the complexities of market structures and financial systems, you will emerge with a comprehensive knowledge of Economics.

Intermediate Economics Level 3 course is tailored for individuals seeking to broaden their horizons in the field of Economics. Whether you are a student looking to strengthen your academic foundation or a professional aiming to enhance your understanding of economic principles, this course is designed to cater to your needs. With the flexibility of online learning, you can access this course from anywhere, at your own pace.

Course Curriculum:

  • Module 01: An Introduction to Economics
  • Module 02: The Market System and the Circular Flow Model
  • Module 03: Supply, Demand and Prices
  • Module 04: Prices
  • Module 05: Elasticity
  • Module 06: Market Failures
  • Module 07: Production and Costs
  • Module 08: Market Structure: Perfect Competition vs Monopoly
  • Module 09: Money, Banking and the Financial System
  • Module 10: Measuring GDP and Economic Growth
  • Module 11: Unemployment
  • Module 12: Inflation

Who is this course for?

Intermediate Economics Level 3 course is perfect for students, professionals, and anyone with a basic understanding of economics who wants to advance their knowledge in the field. If you are looking to strengthen your grasp on economic analysis, improve your ability to interpret economic data, or prepare for further studies in economics, the Intermediate Economics Level 3 course is tailored for you.

Intermediate Economics Level 3 Course is also beneficial for:

  • Students pursuing Economics at an intermediate level.
  • Professionals in finance, banking, or related fields seeking to deepen their economic knowledge.
  • Individuals with a general interest in Economics.
  • Anyone looking to enhance their academic or career prospects in Economics.

Requirements

Our Intermediate Economics Level 3 course does not require any pre-knowledge to pursue the course. And it is compatible with any kind of device. You will get the same experience in learning whether you are using Windows, Mac, a smartphone or tablet. You can access the course materials with any kind of connection, from anywhere, without any limitation!

Career path

  • Economist: £28,000 - £100,000 per year
  • Financial Analyst: £25,000 - £70,000 per year
  • Banking Consultant: £35,000 - £85,000 per year
  • Government Economist: £30,000 - £80,000 per year
  • Market Research Analyst: £20,000 - £50,000 per year
  • Economic Consultant: £35,000 - £90,000 per year

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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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