Economics Level 3 Studies
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Overview
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
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Reed Courses Certificate of Completion
Digital certificate - Included
Will be downloadable when all lectures have been completed.
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Description
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.
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
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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.