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What Will I Learn?

Understand the fundamental essentials of business economics.
Learn about the types of markets and how to anticipate market outcomes.
Understand supply, demand and equilibrium and how it impacts the economy.
Gain an understanding of foreign exchange rates and the foreign markets.
Understand that economics is about making a choice, and it is not always about money.
An academic qualification will enable learners to have the confidence in their skills in their field of study and apply practical knowledge in their job position.

Overview

Economics is interconnected to business. It is not separate but works together. If you want to excel in economics, you should have an understanding of business. The course provides fundamentals of business economics. The Diploma in Business Economics – Level 3 course is perfect for learners and students of business and economics field. Gain in-depth understanding of how supply and demand works and how the theories and principles can be applied in real-world scenarios. It is an excellent course for aspiring economists who want to gain an edge in their field of study.

The course will cover key features such as supply and demand, an understanding of shareholders and shareholder wealth, income and monetary policy, the financial market and trends, forecasts and patterns. It is a fresh look at what business economics is all about. Economics influences everyday tasks and decisions. It is all about choice and decision making.

If you’ve ever thought of how prices are determined and how the market works, the Diploma in Business Economics – Level 3 is the perfect course to gain a comprehensive understanding of the essentials of business economics. What are the factors of price change and why does it change, and in what circumstances does it change? These are some of the questions learners will find answers to in this choice of course. Acquiring skills and knowledge in business economics will enable learners to apply policies and procedures within their own job role in an organisation.

Why study at Global Edulink?

Global Edulink offers the most convenient path to gain recognised skills and training that will give you the opportunity to put into practice your knowledge and expertise in an IT or corporate environment. You can study at your own pace at Global Edulink and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules and free resources which include Free CV writing pack, free career support and course demo to make your learning experience more enriching and rewarding.

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course.  The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Who is this Course aimed at?
  • Economists and Entrepreneurs
  • Business owners
  • Business Consultants
  • Professional learners, undergraduate students, statistics students
Entry Requirement
  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A recognised qualification at level 2 or above in any discipline.
Method of Assessment

In order to complete the Diploma in Business Economics – Level 3 successfully and gain your professional qualification, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments. 

Certification

Those who successfully completed the course will be awarded the Level 3 Diploma in Business Economics by ABC Awards. It will make you valuable to employers, and your motivation at gaining new skills will be recognised.

Course Code: QLS-04480

Awarding Body

ABC Awards is an Ofqual regulated, leading national awarding body which develops diverse, high-quality vocational qualifications for all ages and abilities post-14. Founded in 1998, ABC Awards is a leading national awarding organisation with a long-established reputation for high quality support and services to the educational sector. ABC Awards are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life. If you gain an ABC Awards accredited qualification with Global Edulink, you will demonstrate a high level of skill, and will come away with many more opportunities open to you.

Progression and Career Path

Once you successfully completed the Level 3 Diploma in Business Economics you will gain an accredited qualification that will give your career the jumpstart you have always wanted. With this qualification you can further expand your education or go onto work in numerous positions that will also put you in line to demand a higher salary or job promotion. The average UK salary per annum according to https://www.payscale.com is given below.

  • Business Consultant – £38,135 per annum
  • Small Business Owner  – £27,871 per annum
  • Small Business Operator – £27,871 per annum
  • Economist – £35,620 per annum
  • Economic Development Manager

Others jobs you can get

  • Entrepreneur
Other Benefits
  • Written and designed by the industry’s finest expert instructors with over 15 years of experience
  • Repeat and rewind all your lectures and enjoy a personalised learning experience
  • Gain access to quality video tutorials
  • Unlimited 12 months access from anywhere, anytime
  • Excellent Tutor Support Service (Monday to Friday)
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Quizzes, tests mock exams, practice exams to ensure you are 100% ready
  • Eligible for a NUS discount card
  • Free Career Support Service
  • 25% Discount on personal Statement and covering letter writing service
  • Free Access to Over 150 courses for 2 days (48 hours)
  • Free access to course before you purchase (For selected courses only)

Course Curriculum

1: business organisations
Module 1 Business Organisations 00:00:00
2: shareholders and shareholders wealth
Module 2 Shareholders and Shareholders Wealth 00:00:00
3: demand and supply
Module 3 Demand and Supply 00:00:00
4: price elasticity of demand and supply
Module 4 Price Elasticity of Demand and Supply 00:00:00
☑ assignment
Assignment Brief 00:00:00
☑ submit your assignment
5: types of market
Module 5 Types of Market 00:00:00
6: economies of scale
Module 6 Economies of Scale 00:00:00
7: regulation of markets
Module 7 Regulation of Markets 00:00:00
8: income and monetary policy
Module 8 Income and Monetary Policy 00:00:00
☑ assignment
Assignment Brief 00:00:00
☑ submit your assignment
9: the trade cycle
Module 9 The Trade Cycle 00:00:00
10: supply and demand model
Module 10 Supply and Demand Model 00:00:00
11: global trade
Module 11 Global trade 00:00:00
12: foreign exchange markets and the exchange rate
Module 12 Foreign Exchange Markets and the Exchange Rate 00:00:00
☑ assignment
Assignment Brief 00:00:00
☑ submit your assignment
13: the financial system
Module 13 The Financial System 00:00:00
14: financial intermediaries
Module 14 Financial intermediaries 00:00:00
15: financial markets
Module 15 Financial Markets 00:00:00
16: investment appraisal
Module 16 Investment Appraisal 00:00:00
☑ assignment
Assignment Brief 00:00:00
☑ submit your assignment
17: data and information
Module 17 Data and Information 00:00:00
18: trends, forecasts and patterns
Module 18 Trends, forecasts and patterns 00:00:00
19: moving averages
Module 19 Moving averages 00:00:00
20: index numbers
Module 20 Index Numbers 00:00:00
☑ assignment
Assignment Brief 00:00:00
☑ submit your assignment
£429 £229 (inc. VAT)

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  • 365 Days
  • ,
  • Course Certificate
  • Awarded by 'ABC Awards'
  • 150Guided Learning Hours
  • Course Material
  • 20 Number of Modules
  • Assessment Included
  • Course Code QLS-04480

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