Diploma in Fundamentals of Macroeconomics - Level 3

Overview

Macroeconomics is an area of study that deals with the performance, behavior, structure and decision making of an economy as a whole. Knowledge of it is not only vital for economists, as managers, business owners, entreprenuers, business consultants and financial controllers are also directly or indirectly related to the concept and are affected by it. Therefore, this Diploma in Fundamentals of Macroeconomics – Level 3 Certification has been developed to enlighten interested learners on the fundamentals of macroeconomics necessary to carry about their duties.

This course includes compelling learning materials that will show you the importance of inflation, prices, exchange rate, money and banks within an economy. You will also get to learn the definition and components of the Gross Domestic product that is used to assess the health of a country’s economy, along with an insight into the labour market and how it operates.

This comprehensive course has made sure to explore the various macroeconomic models and the growth theory that presents the conditions required for growth to occur. The other modules will also go onto duly discuss about the classical model, Keynesian cross model, IS-LM model, AS-AD model, neo-synthesis model and the mundell-fleming model to further solidify your knowledge on the subject.

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.

*1Training is an approved reselling partner for ABC Awards courses under Global Edulink

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

Why Consider 1Training?

As improvements and advancements are made in technology, online courses are no longer just conventional means of studying at affordable costs. In many aspects online training offers superiority to traditional learning. There is an effectiveness and convenience that traditional learning cannot provide. The overall convenience and flexibility makes it a superior learning method.

1Training.org offers the most convenient path to gain an internationally recognized qualification that will give you the opportunity to put into practice your skill and expertise in an enterprise or corporate environment. You can study at your own pace at 1Training.org and you will be provided with all the necessary material, tutorials, qualified course instructor and multiple free resources which include Free CV writing pack, Nus Discounted Card, Free career support and course demo to make your learning experience enriching and more rewarding.

Learning Outcomes

• Understand the importance of inflation, prices and exchange rate within an economy
• Learn the definition and components of the Gross Domestic Product (GDP)
• Explore the labour market and how it works
• Understand the essence of money and banks within an economy
• Discover the macroeconomics models and the growth theory
• Learn about the classical model, Keynesian cross model, IS-LM model, AS-AD model, neo-synthesis model and the mundell-fleming model

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 content will be accessible to you 24/7. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.