Unlock the secrets of global economies and financial systems with our Applied Economics course. Dive deep into the fascinating world of economics, starting with the fundamental concepts of microeconomics and macroeconomics. Explore how economic policies shape nations, tackle natural market failures, and navigate the complexities of exchange rates and trade barriers. Discover the various sub-branches of economics and develop a comprehensive understanding of the forces that drive our world. Whether you're a student eager to grasp economic principles or a professional looking to expand your knowledge, this course offers valuable insights into the economic forces that shape our lives.
Learning Outcomes
Master the core principles of microeconomics and macroeconomics.
Understand the impact of economic policies and how they address market failures.
Navigate the intricacies of exchange rates and trade barriers in the global market.
Explore various sub-branches of economics, from behavioral economics to environmental economics.
Develop a strong foundation in economic analysis and critical thinking.
Why choose this Applied Economics course?
Unlimited access to the course for a lifetime.
Opportunity to earn a certificate accredited by the CPD Quality Standards and CIQ after completing this course.
Structured lesson planning in line with industry standards.
Immerse yourself in innovative and captivating course materials and activities.
Assessments designed to evaluate advanced cognitive abilities and skill proficiency.
Flexibility to complete the Course at your own pace, on your own schedule.
Receive full tutor support throughout the week, from Monday to Friday, to enhance your learning experience.
Unlock career resources for CV improvement, interview readiness, and job success.
Who is this Applied Economics course for?
Students pursuing degrees in economics and related fields.
Professionals in finance, business, or government roles.
Individuals interested in understanding global economic forces.
Entrepreneurs and business owners seeking economic insights.
Anyone curious about how economics shapes our world.
Career path
Economist: £25,000 - £90,000
Financial Analyst: £30,000 - £60,000
Policy Analyst: £25,000 - £50,000
Market Research Analyst: £22,000 - £45,000
Economic Consultant: £30,000 - £70,000
Business Development Manager: £30,000 - £70,000
Prerequisites
This Applied Economics does not require you to have any prior qualifications or experience. You can just enrol and start learning.This Applied Economics was made by professionals and it is compatible with all PC's, Mac's, tablets and smartphones. You will be able to access the course from anywhere at any time as long as you have a good enough internet connection.
Certification
After studying the course materials, there will be a written assignment test which you can take at the end of the course. After successfully passing the test you will be able to claim the pdf certificate for £4.99 Original Hard Copy certificates need to be ordered at an additional cost of £8.
Course Curriculum
Module 01: General Concepts and Microeconomics
Definition of 'Economy' and 'Economics' 00:04:00
Economics - Theoretical Foundations 00:01:00
Macro and Microeconomics 00:01:00
Microeconomics / Demand and Supply Analysis 00:03:00
The Law and Time of Supply 00:01:00
Equilibrium 00:01:00
Disequilibrium 00:02:00
Elasticity and Market Efficiency 00:02:00
Elasticity 00:03:00
Factors Affecting Demand Elasticity 00:02:00
Total and Marginal Revenue 00:03:00
Market Structure / Competitive Market 00:03:00
Monopoly 00:05:00
Monopoly and Efficient and Monopolistic Competition 00:03:00
Oligopoly and Monopoly 00:05:00
Monopsony in the Real World 00:01:00
Module 02: Macroeconomics
Macroeconomics vs Microeconomics 00:03:00
Aggregated Demand and Supply, and GDP 00:03:00
Gross Domestic Product (GDP) 00:03:00
Economic Growth 00:02:00
Employment and Inflation 00:03:00
Full Employment and Underemployment 00:03:00
Natural Rate of Unemployment 00:03:00
Inflation 00:03:00
Deflation 00:03:00
Module 03: Economic Policies and Natural Market Failure
Economic Policies 00:03:00
The Transition of Monetary Policy to the Economy 00:03:00
The Relationship between the Bank and the Government 00:02:00
Fiscal Policy 00:01:00
The Basics of Fiscal Policy 00:05:00
What does Fiscal Policy Affect? 00:01:00
Source of Market Failure 00:03:00
Externalities 00:02:00
Structural Market Failure 00:02:00
Information Asymmetry 00:03:00
Module 04: Exchange Rates and Trade Barriers
Exchange Rate and Trade Barriers 00:03:00
Interest Rates 00:02:00
Components of Interest Rates 00:03:00
Trade Barriers 00:02:00
Tariffs 00:02:00
Taxation 00:03:00
Deadweight Loss 00:01:00
Module 05: Sub-Branches of Economics
Financial Economics 00:02:00
International Economics 00:02:00
Transaction Cost 00:03:00
Labour Economics 00:02:00
Environmental Economics 00:02:00
Energy Economics 00:01:00
Assignment
Assignment - Applied Economics 00:00:00