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£15
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On-Demand course
11 hours
All levels
Level 3 Diploma in Microeconomics
With our Level 3 Diploma in Microeconomics, you’ll gain a profound understanding of economic principles and open doors to countless career opportunities. Whether you aspire to be an economist, policy analyst, or business leader, this course will empower you to make informed decisions and navigate the intricate microeconomic factors.
Our comprehensive Level 3 Diploma in Microeconomics course covers a wide range of essential topics, starting with the Ten Principles of Economics, which serve as the foundation for your journey. After completing the Level 3 Diploma in Microeconomics course, you’ll learn to think like an economist, making sense of complex economic scenarios and making informed decisions. Besides, you will explore the concepts of interdependence and gains from trade and understand how international trade impacts economies. You will also discover the dynamics of supply and demand that govern markets. Additionally, this course will give you insights into consumer and producer behaviour, market efficiency, and taxation costs.
Moreover, the Level 3 Diploma in Microeconomics course will provide in-depth knowledge of monopolies and competition. You will also learn the nitty-gritty of production costs, market structures, and factors of production. As the Level 3 Diploma in Microeconomics course is about to finish, you will become familiar with the causes and consequences of income inequality and poverty and the potential policy interventions to address these issues.
Enrol today and take the first step toward becoming a skilled economist with a Level 3 Diploma in Microeconomics.
Level 3 Diploma in Microeconomics Course Curriculum
Introduction
Ten Principles of Economics
Thinking Like an Economist
Interdependence and the Gains from Trade
The Market Forces of Supply and Demand
Elasticity and Its Application
Supply, Demand, and Government Policies
Consumers, Producers, and the Efficiency of Markets
Application: The Costs of Taxation
Application: International Trade
Externalities
Public Goods and Common Resources
The Design of the Tax System
The Costs of Production
Firms in Competitive Markets
Monopoly
Monopolistic Competition
Oligopoly
The Markets for the Factors of Production
Earnings and Discrimination
Income Inequality and Poverty
The Theory of Consumer Choice
Frontiers of Microeconomics
Bonus Advanced Topics
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Entry Requirements
No formal entry requirements. You need to have:
Passion for learning
A good understanding of the English language
Be motivated and hard-working
Over the age of 16.
Certification
Successfully completing the MCQ exam of this course qualifies you for a CPD-accredited certificate from The Teachers Training. You will be eligible for both PDF copy and hard copy of the certificate to showcase your achievement however you wish.
You can get your digital certificate (PDF) for £4.99 only
Hard copy certificates are also available, and you can get one for only £10.99
You can get both PDF and Hard copy certificates for just £12.99!
The certificate will add significant weight to your CV and will give you a competitive advantage when applying for jobs.