Applied Economics

Applied Economics

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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

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

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 -Applied Economics 00:00:00

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