Description

Are you ready to delve into the world of economics and understand the forces that shape our society? Our Economics Level 3 Studies course is designed to provide you with a comprehensive understanding of economic principles, theories, and real-world applications. Whether you're aiming for a career in finance, business, or public policy, this course will equip you with the knowledge and skills you need to succeed.

Key Features:

CPD Certified

Free Certificate from Reed

CIQ Approved

Developed by Specialist

Lifetime Access

In this Economics Level 3 course, learners will explore the basics of economics, understanding how markets work and how prices are set. They will learn about supply and demand, and how different factors can affect prices. The course covers production costs and the differences between various market structures, such as perfect competition and monopoly. Students will study key economic indicators like GDP, unemployment, and inflation, and how these measures affect the economy.

Additionally, the course addresses income distribution, poverty, and market failures. Learners will delve into fiscal policies, the role of money and banking, and the workings of the financial system. Finally, the course explores international finance, helping students understand global economic interactions. Overall, the course aims to provide a comprehensive understanding of how economic principles and policies shape the world around us.

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: Elasticity

Module 05: Production and Costs

Module 06: Market Structure Perfect Competition vs Monopoly

Module 07: Measuring GDP and Economic Growth

Module 08: Unemployment

Module 09: Inflation

Module 10: Prices

Module 11: Income Distribution and Poverty

Module 12: Market Failures

Module 13: Fiscal Policy

Module 14: Money, Banking and the Financial System

Module 15: International Finance

Learning Outcomes:

Understand basic principles and theories introduced in Economics Level 3 Studies.

Analyse the market system using the Circular Flow Model.

Evaluate the effects of supply, demand, and prices on markets.

Assess elasticity's impact on consumer and producer behaviour.

Compare costs in different production stages and market structures.

Examine GDP, economic growth, unemployment, and inflation measures.

Investigate fiscal policy and the role of money and banking.

CPD

10 CPD hours / points Accredited by CPD Quality Standards

Economics Level 3 Studies 2:55:46 1: Module 01: An Introduction to Economics 13:00 2: Module 02: The Market System and the Circular Flow Model 10:27 3: Module 03: Supply, Demand and Prices 15:09 4: Module 04: Elasticity 18:03 5: Module 05: Production and Costs 12:46 6: Module 06: Market Structure Perfect Competition vs Monopoly 09:50 7: Module 07: Measuring GDP and Economic Growth 13:18 8: Module 08: Unemployment 08:29 9: Module 09: Inflation 09:22 10: Module 10: Prices 07:30 11: Module 11: Income Distribution and Poverty 06:50 12: Module 12: Market Failures 12:15 13: Module 13: Fiscal Policy 16:42 14: Module 14: Money, Banking and the Financial System 13:33 15: Module 15: International Finance 07:32 16: CPD Certificate - Free 01:00

Who is this course for?

Students interested in economic theory and applications.

Individuals aiming to understand market dynamics.

Learners curious about economic growth and policy.

People wanting insight into financial systems.

Those exploring income distribution and poverty issues.

Career path

Economic Analyst

Financial Advisor

Market Researcher

Policy Analyst

Banking Consultant

International Trade Specialist

Certificates

Digital certificate

Digital certificate - Included

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

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Economics Level 3 Studies

By Online Training Academy

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