Applied Economics

StudyPlex

Short course

Online

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Description

  • Type

    Short course

  • Methodology

    Online

  • Start date

    Different dates available

"This subject has been designed to introduce the fundamental principles of economic theories, models and tools employed by the Government, firms and other stakeholders to manage the economy. The subject examines various micro and macroeconomics topics, including demand and supply model, cost of production, resource allocation, market structures and market failures, macroeconomic indicators such as GDP, economic growth, inflation and unemployment, monetary and fiscal policy, and international trade. In this subject, students will also learn how to analyse the labour market, financial market and global economic issues such as financial and other crises.

LEARNING OUTCOMES:

Upon the completion of this subject, students will be able to:

Gain a high-level understanding of the basic principles of economics and international trade.
Analyse and use theories, concepts and tools of economic analysis for applications in the relevant industries.
Analyse and evaluate the complex forces that affect the economic wellbeing of consumers, producers and the community in the market system.
Undertake research and apply theoretical and practical knowledge of economics in investigating the issues related to organisations and countries and the formulation of appropriate economic solutions and economic policies.
Critically evaluate and synthesize information from a wide range of sources to demonstrate research skills, show initiative in consulting the academic literature and demonstrate the capacity to document the outcomes with sound analysis and recommendations."

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

CPD & IPHM Certified - MCQ Exam & Tutor Support

This course is suitable for all skill levels and backgrounds. Whether you want to advance your career prospects, learn a new skill, or broaden your educational horizons this course will help you to gain a solid understanding of the core competencies required to drive a successful career in your chosen industry.

"Academic
The course is open to students of all academic backgrounds aiming to enhance their skills.

Age
At Study Plex, we invite everyone to learn. This course is open to anyone aged 16 and over.

Eligibility
If you have a basic grasp of English, numeracy and ICT, you will be eligible to enrol."

"CPD and IPHM Accredited Certificate of Achievement
Grow your career by earning CPD and IPHM accredited certificate of achievement and add extra value to your CV. On successful completion of this course, you will be eligible to order your CPD and IPHM accredited certificate of achievement (dual certificate) to demonstrate your new skills. You can also share this certificate with prospective employers and your professional network. The CPD and IPHM accredited certificate of achievement (dual certificate) can be obtained in PDF format at the nominal fee of £12; there is an additional fee to get a printed copy certificate which is £39.

Endorsed Certificate from Quality Licence Scheme
On successful completion of the course assessment, you will be eligible to order the Endorsed Certificate by Quality Licence Scheme. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. This will provide you with a competitive edge in your career add extra value to your CV. You can also share this certificate with prospective employers and your professional network which will help you to drive a successful career in your chosen industry. There is a Quality Licence Scheme endorsement fee to obtain an endorsed certificate which is £85."

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This centre's achievements

2021

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 4 years

Subjects

  • Trade
  • Supply
  • Economics
  • Microeconomics
  • Market

Course programme

" General Concepts and Microeconomics Lecture 1.1: Definition of Economy and Economics Lecture 1.2: Economics – Theoretical Foundations Lecture 1.3: Macro and Microeconomics Lecture 1.4: Microeconomics / Demand and Supply Analysis Lecture 1.5: The Law and Time of Supply Lecture 1.6: Equilibrium Lecture 1.7: Disequilibrium Lecture 1.8: Elasticity and Market Efficiency Lecture 1.9: Elasticity Lecture 1.10: Factors Affecting Demand Elasticity Lecture 1.11: Total and Marginal Revenue Lecture 1.12: Market Structure / Competitive Market Lecture 1.13: Monopoly Lecture 1.14: Monopoly and Efficient and Monopolistic Competition Lecture 1.15: Oligopoly and Monopoly Lecture 1.16: Monopsony in the Real World Lecture 2 : Microeconomics Lecture 2.1: Macroeconomics vs Microeconomics Lecture 2.2: Aggregated Demand and Supply, and GDP Lecture 2.3: Gross Domestic Product (GDP) Lecture 2.4: Economic Growth Lecture 2.5: Employment and Inflation Lecture 2.6: Full Employment and Underemployment Lecture 2.7: Natural Rate of Unemployment Lecture 2.8: Inflation Lecture 2.9: Deflation Lecture 3 : Economic Polices and Natural Market Failure Lecture 3.1: Economic Policies Lecture 3.2: The Transition of Monetary Policy to the Economy Lecture 3.3: The Relationship between the Bank and the Government Lecture 3.4: Fiscal Policy Lecture 3.5: The Basics of Fiscal Policy Lecture 3.6: What does Fiscal Policy Affect Lecture 3.7: Source of Market Failure Lecture 3.8: Externalities Lecture 3.9: Structural Market Failure Lecture 3.10: Information Asymmetry Lecture 4 : Exchange Rates and Trade Barriers Lecture 4.1: Exchange Rate and Trade Barriers Lecture 4.3: Components of Interest Rates Lecture 4.4: Trade Barriers Lecture 4.5: Tariffs Lecture 4.6: Taxation Lecture 4.7: Deadweight Loss Lecture 5 : Sub-Branches of Economics Lecture 5.1: Financial Economics Lecture 5.2: International Economics Lecture 5.3: Transaction Cost Lecture 5.4: Labour Economics Lecture 5.5: Environmental Economics Lecture 5.6: Energy Economics"

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Applied Economics

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