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Diploma in Fundamentals of Macroeconomics at QLS Level 3

4( 2 REVIEWS )
47 STUDENTS
Overview Macroeconomics is an area that focuses on the performance, structure, behavior and decision making of an economy as a …

Overview

Macroeconomics is an area that focuses on the performance, structure, behavior and decision making of an economy as a whole. Although excelling in this area is most ideal for economists, economic consultants and business consultants, small business owners, managers and other higher officials of an organisation might also benefit from its knowledge. Therefore, this Diploma in Fundamentals of Macroeconomics at QLS Level 3 has been put together to help interested individuals understand all about macroeconomics and the components related to it.

In relevance to the course title, this course will delve into the whole concept of macroeconomics and its importance for an economy. You will then get to understand about price system and how it works, after which the course curriculum will touch on topics such as exchange rate, GDP, labour market, money and banks and many more.

This course has dedicated a few modules that will guide you on how to calculate profit and loss, how to predict market outcomes and how supply, demand and equilibrium works.  A few chapters will also look into price discrimination and how the labour market works, all the while ensuring you get a good grip on the fundamentals of macroeconomics.

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

Please Note: This Course is Based on USA Standards

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  •  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.

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 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
(B) 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
(B) 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
(B) 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
(B) 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
(B) Assignment Submission V – Diploma in Fundamentals of Macroeconomics at QLS Level 3

Students feedback

4

Avarage rating (2)
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1 Star
    G B

    Gabriella Bradley

    June 07, 2019
    Very Worthy Course

    The efforts put by the tutor and the whole team in bringing up this course deserves appreciation. A course that is worth the money and time spent.

    R B

    Reuben Black

    May 27, 2019
    Excellent Course

    No other course can delve into macroeconomics than this course. The fundamentals of macroeconomics have been covered in impressive details. Kudos to the whole team.

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