Overview
This Diploma in Business Economics at QLS Level 3 is what you need to up your knowledge and skills in business. This course will focus on the economics aspect of business to help you analyse organisations, the factors that determine the diversity of organisations and the relationship of firms with labour, capital and product markets, and is ideal if you wish to get into or progress in the corporate or economics industry.
This business economics course will get you into terms with the fundamental essentials of business economics such as demand, supply, economies of scale, price elasticity of demand and supply and many more. You will also get to explore the various types of markets available in an economy such as monopoly, oligopoly and perfect competition, after which you will be taught on how to anticipate market outcomes.
Once you get a good grip on the essentials of economics, you will understand how to put them all together to understand market situations and its impact on the economy. The other topics such as foreign exchange rates, income and monetary policies, trade cycle, investment appraisal and others will also be adequately covered through this program, followed by modules that will guide you on the regulation of markets.
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 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.
*South London College is an approved reselling partner for Quality Licence Scheme courses under Global Edulink
Why study at South London College?
South London College 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 South London College 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?
Understand the fundamental essentials of business economics.
Learn about the types of markets and how to anticipate market outcomes.
Understand supply, demand and equilibrium and how it impacts the economy.
Gain an understanding of foreign exchange rates and the foreign markets.
Understand that economics is about making a choice, and it is not always about money.
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.
Key Features
High quality e-learning study materials.
Tutorials/materials from the industry leading experts.
24/7 Access to the Learning Portal.
Benefit of applying TOTUM Discount Card.
Endorsed by Quality Licence Scheme.
Excellent customer service and administrative support.
| Who Is This Course Aimed at? |
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| Entry Requirements |
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| 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. |
| Method of Assessment |
In order to complete the Diploma in Business Economics at QLS Level 3 successfully, all students are required to complete a series of assignments. The completed assignments must be submitted via the online portal. Your instructor will review and evaluate your work and provide your feedback based on how well you have completed your assignments. |
| Certification |
Option 1 - Quality Licence Scheme Certification At the Completion of this course successful learners will receive a Certificate of Achievement from Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course). Certification Fee (Printed Quality Licence Scheme Certificate) - £49 Option 2 – CPD Accredited Certificate Learners who complete the course successful will receive a CPD Accredited Certificate. Certification Fee (E Certificate/ PDF Copy) - £29 Certification Fee (Printed Certificate/ Hard Copy) - £39 Course Code: QLS-04480 |
| Endorsed by |
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. |
| Progression and Career Path | Once you successfully completed the Diploma in Business Economics at QLS Level 3 you will gain the knowldge that will give your career the jumpstart you have always wanted. With this completion you can further expand your education or go onto work in numerous positions that will also put you in line to demand a higher salary or job promotion. The average UK salary per annum according to https://www.payscale.com is given below.
Others jobs you can get
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| Other benefits |
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Course Curriculum
| 1: Business Organisations | |||
| Module 1 Business Organisations | |||
| 2: Shareholders And Shareholders Wealth | |||
| Module 2 Shareholders and Shareholders Wealth | |||
| 3: Demand And Supply | |||
| Module 3 Demand and Supply | |||
| 4: Price Elasticity Of Demand And Supply | |||
| Module 4 Price Elasticity of Demand and Supply | |||
| 5: Types Of Market | |||
| Module 5 Types of Market | |||
| 6: Economies Of Scale | |||
| Module 6 Economies of Scale | |||
| 7: Regulation Of Markets | |||
| Module 7 Regulation of Markets | |||
| 8: Income And Monetary Policy | |||
| Module 8 Income and Monetary Policy | |||
| 9: The Trade Cycle | |||
| Module 9 The Trade Cycle | |||
| 10: Supply And Demand Model | |||
| Module 10 Supply and Demand Model | |||
| 11: Global Trade | |||
| Module 11 Global trade | |||
| 12: Foreign Exchange Markets And The Exchange Rate | |||
| Module 12 Foreign Exchange Markets and the Exchange Rate | |||
| 13: The Financial System | |||
| Module 13 The Financial System | |||
| 14: Financial Intermediaries | |||
| Module 14 Financial intermediaries | |||
| 15: Financial Markets | |||
| Module 15 Financial Markets | |||
| 16: Investment Appraisal | |||
| Module 16 Investment Appraisal | |||
| 17: Data And Information | |||
| Module 17 Data and Information | |||
| 18: Trends, Forecasts And Patterns | |||
| Module 18 Trends, forecasts and patterns | |||
| 19: Moving Averages | |||
| Module 19 Moving averages | |||
| 20: Index Numbers | |||
| Module 20 Index Numbers | |||
| ☑ Assignment | |||
| Assignment Brief – Diploma in Business Economics at QLS Level 3 | |||
| ☑ Submit Your Assignment | |||
| Level 3 Assignment Submission – Quality Licence Scheme | |||
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