Diploma in Business Economics – Level 3

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.

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. 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 Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed by Global Edulink to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards & Certa Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales

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.

Course Curriculum

1: Business Organisations

2: Shareholders And Shareholders Wealth

3: Demand And Supply

4: Price Elasticity Of Demand And Supply

5: Types Of Market

6: Economies Of Scale

7: Regulation Of Markets

8: Income And Monetary Policy

9: The Trade Cycle

10: Supply And Demand Model

11: Global Trade

12: Foreign Exchange Markets And The Exchange Rate

13: The Financial System

14: Financial Intermediaries

15: Financial Markets

16: Investment Appraisal

17: Data And Information

18: Trends, Forecasts And Patterns

19: Moving Averages

20: Index Numbers

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

Method of assessment

In order to complete the Diploma in Business Economics – 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. 

Certification

At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

Course Code: QLS-04480

Accredited Body (Accreditation)

ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

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
• 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 a TOTUM 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)