This Diploma in Fundamentals of Business Economics at QLS Level 3 has been initiated to help you analyse, plan and control business profits. All the economic theories and quantitative methods have been covered in great detail through this course to help you analyse business enterprises, the factors contributing to the diversity of organisational structure and the relationships of firms with labour, capital and product markets. This course could just be the qualification you need to get into or progress within the corporate world, provided you have a qualification at level 2 or above in a related disciple.
This comprehensive course will show you the importance of shareholders and shareholders’ wealth within an organisation. You will also get to learn all about demand, supply and price elasticity of demand and supply to understand how they effect markets, after which the course will focus on the regulations of market, income and monetary policy, foreign exchange markets and the exchange rate.
There are many markets in an economy. It is important to know the characteristics of these market to identify which market your business falls into and to operate accordingly. Therefore, this course comprises of modules that will provide insights into markets such as perfect competition, oligopoly, monopoly and many more. This course will also ensure you delve into topics such as trends, forecast, patterns, moving averages, index numbers and financial intermediaries.
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 Requirements
- Method of Assessment
- Endorsed by
- 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.
- Understand the importance of shareholders and shareholder’s wealth within an oganisation
- Learn all about demand, supply and price elasticity of demand and supply and how they affect markets
- Gain an insight into markets such as perfect competition, oligopoly, monopoly and many more
- Delve into the regulations of markets, income and monetary policy, foreign exchange markets and the exchange rate
- Identify trends, forecast, patterns, moving averages, index numbers, financial intermediaries and many more
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.
- This course is most suitable for individuals aspiring to start up or advance an economics related career
- Business owners, business consultants, statisticians and entrepreneurs might also find this course worthwhile
- Learners must be age 16 or over and should have a basic understanding of the English Language, numeracy, literacy, 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.
Please Note: Additionally, £79 is charged for assessment and certificate and you need to pay that when you are submitting your assessments only (It is not required to pay initially when you are registering). This payment can be paid into 05 installments when you are submitting your assessments.
Those who successfully complete the course will be issued the Diploma in Fundamentals of Business Economics at QLS Level 3 by the Quality Licence Scheme.
Course Code: QLS-05046
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.
A certificate in Business economics will radically improve your eligibility for a number of jobs in the corporate world. You can also take this certificate as an opportunity to demand for a salary increment or a job promotion from your employer. Listed below are some of the jobs this certificate will help you in, along with the average UK salary per annum according to https://www.payscale.com/career-path-planner,
- 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
- 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
- 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)
|1: What is a Business Organisation|
|What is a Business Organisation|
|3: Introduction to Demand And Supply|
|Introduction to Demand And Supply|
|4: Understand the Price Elasticity of Demand and Supply|
|Understand the Price Elasticity of Demand and Supply|
|Assignment Brief I – Diploma in Fundamentals of Business Economics at QLS Level 3|
|☑ Submit your Assignment|
|(B) Assignment Submission I – Diploma in Fundamentals of Business Economics at QLS Level 3|
|5: Identify the Market Types|
|Identify the Market Types|
|6: Understand the Economies of Scale|
|Understand the Economies of Scale|
|7: Learn Market Regulations|
|Learn Market Regulations|
|8: Circular Flow of Income and Monetary Policy|
|Circular Flow of Income and Monetary Policy|
|Assignment Brief II – Diploma in Fundamentals of Business Economics at QLS Level 3|
|☑ Submit your Assignment|
|(B) Assignment Submission II – Diploma in Fundamentals of Business Economics at QLS Level 3|
|9: Circular Structure of Trade|
|Circular Structure of Trade|
|10: Understand the Supply And Demand Model|
|Understand the Supply And Demand Model|
|11: International Trade|
|12: FOREX and Exchange Rates|
|FOREX and Exchange Rates|
|Assignment Brief III – Diploma in Fundamentals of Business Economics at QLS Level 3|
|☑ Submit your Assignment|
|(B) Assignment Submission III – Diploma in Fundamentals of Business Economics at QLS Level 3|
|13: Understand the Financial System|
|Understand the Financial System|
|14: Types of Financial Intermediaries|
|Types of Financial Intermediaries|
|15: Financial Markets and Instruments|
|Financial Markets and Instruments|
|16: Discounting and Investment Appraisal|
|Discounting and Investment Appraisal|
|Assignment Brief IV – Diploma in Fundamentals of Business Economics at QLS Level 3|
|☑ Submit your Assignment|
|(B) Assignment Submission IV – Diploma in Fundamentals of Business Economics at QLS Level 3|
|17: Types of Data and Information|
|Types of Data and Information|
|18: Introduction to Trends, Forecasts And Patterns|
|Introduction to Trends, Forecasts And Patterns|
|19: Moving Average Technique|
|Moving Average Technique|
|20: What is an Index Number|
|What is an Index Number|
|Assignment Brief V – Diploma in Fundamentals of Business Economics at QLS Level 3|
|☑ Submit your Assignment|
|(B) Assignment Submission V – Diploma in Fundamentals of Business Economics at QLS Level 3|
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