Diploma in Macroeconomics at QLS Level 3

Overview

Macroeconomics is a part of economics that deals with the structure, performance, behaviour and decision making of an economy. It is a very important concept that accesses the overall performance of a country in terms of national income, making it an essential area of study not just for economists, but also for entrepreneurs, business owners, business consultants and managerial officials. Therefore, this Diploma in Macroeconomics at QLS Level 3 has been developed to enlighten the interested learners on all the aspects of macroeconomics to help them make effective businesses decisions based on them.

This course will teach you how the price system works and what causes the supply and demand to shift in different situations.  The key components such as gross domestic product, interest rate, growth theory, price and inflation will also be amply covered to help you calculate profit and anticipate market outcomes.

The other modules include topics such as the labour market, price discrimination, Neo-classical synthesis, the complete Keynesian model and many more macroeconomic principles and theories. You will also come to understand demand, supply and equilibrium and how it influences the market to easily apply it within an organisation or while making financial or investment decisions. By the end of this course, you will walk away with a certification that will give you the confidence you need to excel in your job.

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.

*1Training is an approved reselling partner for Quality Licence Scheme courses under Global Edulink

Why study at 1Training ?

1Training offers the most convenient path to gain 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 1Training and you will be provided with all the necessary material which includes Free CV writing pack to make your learning experience enriching and rewarding.

What Will I Learn?

• Gain a clear understanding of how the price system works.
• Learn how to calculate profit. Anticipate market outcomes.
• Understand supply, demand and equilibrium.
• Gain an understanding of the labour market and discuss price discrimination.
• Gain essentials of microeconomics.
• An academic qualification will enable learners to have the confidence in their skills in their field of study and apply practical knowledge in their job position.

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.