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 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?
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.
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 Macroeconomics 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-04462 |
| 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 | This certificate will improve your eligibility for a range of job positions across various industries. You can also use this certificate to advance onto the other related courses or to make significant progress in your career. Below mentioned are few of the job positions this certificate will help you in, along with the average UK salary per annum according to https://www.payscale.com,
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| Other benefits |
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Course Curriculum
| 1: Prices And Inflation. Essentials Of Macroeconomics | |||
| Prices and inflation. Essentials of Macroeconomics | |||
| 2: Exchange Rate. Essentials Of Macroeconomics | |||
| Exchange rate. Essentials of Macroeconomics | |||
| 3: Gross Domestic Product. Essentials Of Macroeconomics | |||
| Gross domestic product. Essentials of Macroeconomics | |||
| 4: The Components Of Gdp. Essentials Of Macroeconomics | |||
| The components of GDP. Essentials of Macroeconomics | |||
| 5: The Labor Market. Essentials Of Macroeconomics | |||
| The Labor Market. Essentials of Macroeconomics | |||
| 6: Money And Banks. Essentials Of Macroeconomics | |||
| Money and banks. Essentials of Macroeconomics | |||
| 7: Interest Rate. Essentials Of Macroeconomics | |||
| Interest rate. Essentials of Macroeconomics | |||
| 8: Macroeconomic Models. Essentials Of Macroeconomics | |||
| Macroeconomic Models. Essentials of Macroeconomics | |||
| 9: Growth Theory. Essentials Of Macroeconomics | |||
| Growth theory. Essentials of Macroeconomics | |||
| 10: The Classical Model. Essentials Of Macroeconomics | |||
| The Classical Model. Essentials of Macroeconomics | |||
| 11: Keynesian Cross Model. Essentials Of Macroeconomics | |||
| Keynesian Cross Model. Essentials of Macroeconomics | |||
| 12: Is-Lm-Model. Essential Of Macroeconomics | |||
| IS-LM-model. Essential of Macroeconomics | |||
| 13: The As – Ad - Model. Essential Of Macroeconomics | |||
| The AS – AD – Model. Essential of Macroeconomics | |||
| 14: The Complete Keynesian Model. Essential Of Macroeconomics | |||
| The complete Keynesian model. Essential of Macroeconomics | |||
| 15: The Neo-Classical Synthesis. Essential Of Macroeconomics | |||
| The neo-classical synthesis. Essential of Macroeconomics | |||
| 16: Essentials Of Macroeconomics. Essential Of Macroeconomics | |||
| Essentials of Macroeconomics. Essential of Macroeconomics | |||
| ☑ Assignment | |||
| Assignment Brief – Diploma in Macroeconomics at QLS Level 3 | |||
| ☑ Submit Your Assignment | |||
| Level 3 Assignment Submission – Quality Licence Scheme | |||
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