Level 3 Diploma in Microeconomics

Description

Level 3 Diploma in Microeconomics

With our Level 3 Diploma in Microeconomics, you’ll gain a profound understanding of economic principles and open doors to countless career opportunities. Whether you aspire to be an economist, policy analyst, or business leader, this course will empower you to make informed decisions and navigate the intricate microeconomic factors.

Our comprehensive Level 3 Diploma in Microeconomics course covers a wide range of essential topics, starting with the Ten Principles of Economics, which serve as the foundation for your journey. After completing the Level 3 Diploma in Microeconomics course, you’ll learn to think like an economist, making sense of complex economic scenarios and making informed decisions. Besides, you will explore the concepts of interdependence and gains from trade and understand how international trade impacts economies. You will also discover the dynamics of supply and demand that govern markets. Additionally, this course will give you insights into consumer and producer behaviour, market efficiency, and taxation costs. 

Moreover, the Level 3 Diploma in Microeconomics course will provide in-depth knowledge of monopolies and competition. You will also learn the nitty-gritty of production costs, market structures, and factors of production. As the Level 3 Diploma in Microeconomics course is about to finish, you will become familiar with the causes and consequences of income inequality and poverty and the potential policy interventions to address these issues.

Enrol today and take the first step toward becoming a skilled economist with a Level 3 Diploma in Microeconomics.

Level 3 Diploma in Microeconomics Course Curriculum 

• Introduction
• Ten Principles of Economics
• Thinking Like an Economist
• Interdependence and the Gains from Trade
• The Market Forces of Supply and Demand
• Elasticity and Its Application
• Supply, Demand, and Government Policies
• Consumers, Producers, and the Efficiency of Markets
• Application: The Costs of Taxation
• Application: International Trade
• Externalities
• Public Goods and Common Resources
• The Design of the Tax System
• The Costs of Production
• Firms in Competitive Markets
• Monopoly
• Monopolistic Competition
• Oligopoly
• The Markets for the Factors of Production
• Earnings and Discrimination
• Income Inequality and Poverty
• The Theory of Consumer Choice
• Frontiers of Microeconomics
• Bonus Advanced Topics

Why Choose Teachers Training

Some of our website features are:

• This is a dedicated website for teaching
• 24/7 tutor support
• Interactive Content
• Affordable price
• Courses accredited by the UK's top awarding bodies
• 100% online
• Flexible deadline

Entry Requirements

No formal entry requirements. You need to have:

• Passion for learning
• A good understanding of the English language
• Be motivated and hard-working
• Over the age of 16.

Certification

Successfully completing the MCQ exam of this course qualifies you for a CPD-accredited certificate from The Teachers Training. You will be eligible for both PDF copy and hard copy of the certificate to showcase your achievement however you wish.

• You can get your digital certificate (PDF) for £4.99 only
• Hard copy certificates are also available, and you can get one for only £10.99
• You can get both PDF and Hard copy certificates for just £12.99!

The certificate will add significant weight to your CV and will give you a competitive advantage when applying for jobs.