Applied Economics
Applied Economics
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1 Year Access 
Intermediate
11 Students -
1 hour, 59 minutes
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Overview
Gain a unique understanding of finance and international trade principles by taking this training for Applied Economics. A business or organisation needs to be able to analyse resources, costings, and trends in the marketplace to find success. With this advanced tuition, you will be able to fully appreciate these analytics and be capable of employing them in commercial situations.
This Economics course provides a complete training curve with expert guidance in the methods needed to make intelligent business decisions, contributing in a significant way to the success of a company. You will be taught the foundations of microeconomics and macroeconomics, as well as the facts about international monetary barriers and current financial policies. Enrol now and prepare for the best and the worst that the commercial world can throw at you.
Learning Outcome
- Understand the definition of “economy” and the concept of revenue
- Discover the principles of microeconomics and macroeconomics
- Know how to calculate the values of Gross Domestic Product (GDP)
- Gain an acute understanding of fiscal policies and market failures
- Explore ways in which trade barriers can form and exchange rates change
- Learn the many noteworthy sub-branches of economics in marketplaces
Course design
The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace.
You are taught through a combination of
- Video lessons
- Online study materials
Will I receive a certificate of completion?
Upon successful completion, you will qualify for the UK and internationally-recognised CPD accredited certification. You can choose to make your achievement formal by obtaining your PDF Certificate at the cost of £9 and Hard Copy Certificate for £15.
Why study this course
It doesn’t matter if you are an aspiring professional or absolute beginner; this course will enhance your expertise and boost your CV with critical skills and an accredited certification attesting to your knowledge.
The Applied Economics is fully available to anyone, and no previous qualifications are needed to enrol. All One Education needs to know is that you are eager to learn and are over 16.
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 | ||
Important Links
With a team of industry professionals producing and delivering our course content, you can be sure the skills and knowledge you learn are applicable to your career aspirations, whether that’s in management, administration or beyond.
