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Diploma in Fundamentals of Macroeconomics at QLS Level 3 Certification

4.3( 3 REVIEWS )
50 STUDENTS
Overview The Diploma in Fundamentals of Macroeconomics at QLS Level 3 course will introduce you to the concept of microeconomics, …

Overview

The Diploma in Fundamentals of Macroeconomics at QLS Level 3 course will introduce you to the concept of microeconomics, supply and demand analysis, exchange rates, introduction to the labour market and growth theory. If you want to gain a thorough understanding of the fundamentals of microeconomics, this course is an excellent fit for you. The essentials of microeconomics are aligned with real-world scenarios helping you to apply the concepts in your job position. Gain insight into how the effects of supply and demand can impact the labour market.

The course will discuss key topics at length such as price inflation, how the price system works, money and banks, gross domestic product and principals and theories of microeconomics. The course will give you the understanding of how to address problems in any economic situation. You will learn critical thinking skills and how to apply it in every day circumstances.

The Diploma in Fundamentals of Macroeconomics at QLS Level 3 equips learners with the skills and knowledge needed to perform efficiently in their job. The more qualified you are, the better market employability you will have. This allows for you to expand in your current job role or find a new one. Students who are studying microeconomics will find this course a stepping stone to advance in their academic training.

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.

The course itself has been designed by Global Edulink* to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current qualifications. Quality Licence Scheme 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.

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.

*Study365 is an approved reselling partner for Quality Licence Scheme courses under Global Edulink

  • Why consider learning at Study 365?
  •  Learning Outcomes
  • Access Duration
  • Who is this Course aimed at?
  • Entry Requirement
  • Method of Assessment
  • Certification
  • Endorsed by
  • Progression and Career Path
  • Other Benefits

With so many commitments in our lives, we may not have the time to learn new skills. The beauty of studying online is that you get to find this balance between your education and your daily commitments

Study 365 offers hundreds of online courses to students across the world. Gaining new skills has never been this easy as many of our courses are open to students with little or no qualifications or previous experience. All the courses are up-to-date, relevant, affordable, and will build on existing expertise or give you a jump-start to a new career. The courses are meticulously designed and equals what is offered in a classroom setting. With a solid reputation that has established and made us made us one of the most trusted and reliable online course providers we offer the most convenient path to gain skills and training that will give you the opportunity to put into practice your knowledge and expertise in your chosen career. You can learn at your own pace at Study 365 and you will be provided with all the necessary material, tutorials, qualified course instructor, narrated e-learning modules, interactive quizzes and free resources which include Free CV writing pack, free career support and course demo to make your learning experience enriching and more rewarding.

  • Have a clear understanding of the price system and how it works.
  • Learn how to calculate profit and loss.
  • Learn to predict market outcomes.
  • Learn how supply, demand and equilibrium works.
  • Have a firm understanding of price discrimination and how the labour market works.
  • Learn the fundamentals of microeconomics.

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.

  • Entrepreneurs and Economists
  • Business owners
  • Business Consultants
  • Professional learners, undergraduate students
  • 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.

This online course is assignment-based with learners being assessed upon the submission of a series of assignments. Once you successfully submit the assignments, students will gain a professional qualification. The assignments must be submitted to the instructor through the online learning portal. The assignments will be reviewed and evaluated, with feedback provided to the student on how well they have fared.

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

Course Code: QLS-05011

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 Fundamentals of Macroeconomics at QLS Level 3 you will gain the knowledge that will give you the opportunity to gain employment in multiple positions of your choice. The certification will help give your career the kick start you’ve always wanted or to expand in your academic training and further your educational knowledge. You can also demand for that salary increment or job position. Below mentioned are few of the job positions this qualification will help you in, along with the average UK salary per annum according to https://www.payscale.com/career-path-planner.

  • Business Consultant – £38,159 per annum
  • Small Business Owner – £24,747 per annum
  • Small Business Operator – £25,759 per annum
  • Economist – £35,731 per annum
  • Economic Consultant – £36,079 per annum

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
  • Save time and money on travel
  • Learn at your convenience and leisure
  • Eligible for a TOTUM discount card

Course Curriculum

1: Importance of Prices and Inflation
Importance of Prices and Inflation
2: Importance of the Exchange Rate
Importance of the Exchange Rate
3: What is Gross Domestic Product
What is Gross Domestic Product
☑ Assignment
Assignment Brief I – Diploma in Fundamentals of Macroeconomics at QLS Level 3
☑ Submit your Assignment
(A) Assignment Submission I – Diploma in Fundamentals of Macroeconomics at QLS Level 3
4: Definition and the Components of GDP
Definition and the Components of GDP
5: Understand the Labor Market
Understand the Labor Market
6: Importance of Money And Banks
Importance of Money And Banks
☑ Assignment
Assignment Brief II – Diploma in Fundamentals of Macroeconomics at QLS Level 3
☑ Submit your Assignment
(A) Assignment Submission II – Diploma in Fundamentals of Macroeconomics at QLS Level 3
7: How Interest Rate effects
How Interest Rate effects
8: Understand the Macroeconomic Models
Understand the Macroeconomic Models
9: Understand the Growth Theory
Understand the Growth Theory
☑ Assignment
Assignment Brief III – Diploma in Fundamentals of Macroeconomics at QLS Level 3
☑ Submit your Assignment
(A) Assignment Submission III – Diploma in Fundamentals of Macroeconomics at QLS Level 3
10: What is the Classical Model
What is the Classical Model
11: Understand the Keynesian Cross Mode
Understand the Keynesian Cross Mode
12: Understand the Is-Lm-Model
Understand the Is-Lm-Model
☑ Assignment
Assignment Brief IV – Diploma in Fundamentals of Macroeconomics at QLS Level 3
☑ Submit your Assignment
(A) Assignment Submission IV – Diploma in Fundamentals of Macroeconomics at QLS Level 3
13: Understand the As – Ad - Model
Understand the As – Ad – Model
14: Learn Complete Keynesian Model
Learn Complete Keynesian Model
15: Learn The Neo-Classical Synthesis
Learn The Neo-Classical Synthesis
16: Exchange Rate Determination and the Mundell-Fleming model
Exchange Rate Determination and the Mundell-Fleming mode
☑ Assignment
Assignment Brief V – Diploma in Fundamentals of Macroeconomics at QLS Level 3
☑ Submit your Assignment
(A) Assignment Submission V – Diploma in Fundamentals of Macroeconomics at QLS Level 3

Students feedback

4.3

Average rating (3)
4.3
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    Cayden Thomson

    May 20, 2019
    Lovely Learning Experience

    Lovely learning experience obtained. Would definitely recommend to others

    Quinn Mason

    May 18, 2019
    Very Engaging and Coordinated Course

    Clear, engaging material given. It was easy to understand the concepts taught

    Luka Hall

    May 10, 2019
    The support team is very helpful

    A compelling course on the essentials of macroeconomics. The materials are filled with raw and enlightening content, with the support team being very helpful.

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