Diploma in Business Economics at QLS Level 3

Access Duration - 365 Days
Awarded By Endorsed by "Quality Licence Scheme"
Guided Learning Hour 150 Guided Learning Hours (150)
Course Material Course Material
Number of Modules 20 Number of Modules 20
5( 1 REVIEWS )

Endorsed by


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.


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 at QLS 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 at QLS 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.

The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes. This means that Global Edulink has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Quality Licence Scheme, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. We will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

Why Choose Global Edulink?

Global Edulink offers the most convenient path to gain 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.

Who is this Course aimed at?

  • Economists and Entrepreneurs
  • Business owners
  • Business Consultants
  • Professional learners, undergraduate students, statistics students
  • Access Duration
  • Entry Requirement
  • Method of Assessment
  • Certification
  • Endorsed by
  • Progression and Career Path
  • Other Benefits

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.

  • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT.
  • A qualification at level 2 or above in any discipline.

In order to complete the Diploma in Business Economics at QLS Level 3 successfully, 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.

While the submission of your assignment is compulsory for you to get your Quality Licence Scheme certification, you can also receive another CPD & iAP, free e-certificate if you take a 20 multiple choice exam.

Those who successfully complete the course will be issued the Diploma in Business Economics at QLS Level 3 by the Quality Licence Scheme.

Course Code: QLS-04480

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

Once you successfully completed the Diploma in Business Economics at QLS Level 3 you will gain the knowldge that will give your career the jumpstart you have always wanted. With this completion 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/career-path-planner 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
  • 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
  • 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
  • Eligible for  TOTUM discount card

Key Features

Gain an Accredited UK Qualification
Access to Excellent Quality Study Materials
Personalised Learning Experience
Support by Phone, Live Chat, and Email
Eligible for TOTUM Discount Card
UK Register of Learning Providers Reg No : 10053842

Course Curriculum

1: Business Organisations
Module 1 Business Organisations
2: Shareholders and Shareholders Wealth
Module 2 Shareholders and Shareholders Wealth
3: Demand and Supply
Module 3 Demand and Supply
4: Price Elasticity of Demand and Supply
Module 4 Price Elasticity of Demand and Supply
☑ Assignment
☑ Submit Your Assignment
5: Types of Market
Module 5 Types of Market
6: Economies of Scale
Module 6 Economies of Scale
7: Regulation of Markets
Module 7 Regulation of Markets
8: Income and Monetary Policy
Module 8 Income and Monetary Policy
☑ Assignment
☑ Submit Your Assignment
9: The Trade Cycle
Module 9 The Trade Cycle
10: Supply and Demand Model
Module 10 Supply and Demand Model
11: Global Trade
Module 11 Global trade
12: Foreign Exchange Markets and the Exchange Rate
Module 12 Foreign Exchange Markets and the Exchange Rate
☑ Assignment
☑ Submit Your Assignment
13: The Financial System
Module 13 The Financial System
14: Financial Intermediaries
Module 14 Financial intermediaries
15: Financial Markets
Module 15 Financial Markets
16: Investment Appraisal
Module 16 Investment Appraisal
☑ Assignment
☑ Submit Your Assignment
17: Data and Information
Module 17 Data and Information
18: Trends, Forecasts and Patterns
Module 18 Trends, forecasts and patterns
19: Moving Averages
Module 19 Moving averages
20: Index Numbers
Module 20 Index Numbers
☑ Assignment
☑ Submit Your Assignment
Exam Quiz
Exam : Diploma in Business Economics at QLS Level 3 00:30:00

Students feedback


Average rating (1)
5 Star
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1 Star
    F L

    Faith Levey

    November 22, 2018
    Very Comprehensive Course

    This course was very comprehensive. The learning outcomes were met for me both professionally and personally. The course has helped me reflect on my own practice and given me new knowledge and information that I can share with my work colleagues.

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