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Intermediate Economics Level 3

CPD Accredited | Interactive Learning Materials | Free PDF Certificate | Tutor Support | Lifetime Access


Cambridge Open Academy

Summary

Price
£14 inc VAT
Study method
Online
Duration
3 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
10 CPD hours / points
Certificates
  • Certificate of Completion (PDF) - Free
  • Certificate of Completion (Hard Copy) - £9.99
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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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. 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

Certificate of Completion (PDF)

Digital certificate - Included

Once you have successfully completed the course, you will receive a CPD Accredited PDF certificate completely free of cost as a proof of your accomplishment.

Certificate of Completion (Hard Copy)

Hard copy certificate - £9.99

Note: Delivery of hardcopy certificate is free within the United Kingdom. However, to obtain a hardcopy certificate, international students have to pay £19.99 for the shipment to their designated address.

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

Embark on a journey through the intricate web of Economics with our Intermediate Economics Level 3 course. 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.

This 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?

  • 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.

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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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.