StudyHub Economics Level 2 Diploma StudyHub
  • Duration / Course length: Upto 8 Hours Start now
  • Accredited by: CPD Qualification Standards
  • Certificates:
  • Course delivery: This course is delivered in video format

Course details

The Economics Level 2 Diploma course provides a comprehensive introduction to economics, covering topics such as the market system, supply, demand, prices, elasticity, market failures, production, market structure, money, banking, GDP, economic growth, unemployment, inflation, income distribution, poverty, international finance, and fiscal policy.

Learning Outcomes:
  • Understand the basic principles and concepts of economics and its role in society.
  • Analyze the market system and the circular flow model to comprehend the flow of goods, services, and money in the economy.
  • Examine the forces of supply, demand, and prices to grasp their impact on the allocation of resources.
  • Evaluate price elasticity and its implications for consumer behavior and market outcomes.
  • Recognize market failures and understand the role of government in correcting them.
  • Study production and cost functions to analyze business decisions and efficiency.
  • Compare perfect competition and monopoly market structures and their effects on market outcomes.
  • Explore the role of money, banking, and the financial system in the economy.
  • Measure GDP and economic growth to assess economic performance and development.
  • Analyze unemployment and its impact on the economy.
  • Study inflation and its effects on purchasing power and economic stability.
  • Examine income distribution and poverty to understand economic inequality and social issues.
  • Understand international finance and the implications of global economic interactions.
  • Evaluate fiscal policy and its role in managing economic growth and stability.

Economics Level 2 Diploma
  • An Introduction to Economics
  • The Market System and the Circular Flow Model
  • Supply, Demand and Prices
  • Prices
  • Elasticity
  • Market Failures
  • Production and Costs
  • Market Structure: Perfect Competition vs Monopoly
  • Money, Banking and the Financial System
  • Measuring GDP and Economic Growth
  • Unemployment
  • Inflation
  • Income Distribution and Poverty
  • International Finance
  • Fiscal Policy
Why buy this Economics Level 2 Diploma?
  • Unlimited access to the course for a lifetime.
  • Opportunity to earn a certificate accredited by the CPD Quality Standards after completing this course.
  • Structured lesson planning in line with industry standards.
  • Immerse yourself in innovative and captivating course materials and activities.
  • Assessments are designed to evaluate advanced cognitive abilities and skill proficiency.
  • Flexibility to complete the Course at your own pace, on your own schedule.
  • Receive full tutor support throughout the week, from Monday to Friday, to enhance your learning experience

Upon course completion, a written assignment test is available. Pass the test to obtain a PDF certificate for 22 AED. Original hard copy certificates are available for an additional 35 AED.

Who is this course for?

This Economics Level 2 Diploma does not require you to have any prior qualifications or experience. You can just enrol and start ; Updated on 30 October, 2023

Eligibility / Requirements

This Economics Level 2 Diploma was made by professionals and it is compatible with all PC’s, Mac’s, tablets and smartphones. You will be able to access the course from anywhere at any time as long as you have a good enough internet connection.

About StudyHub

Who Are We?

is a premier online learning platform which aims to help individuals worldwide to realise their educational dreams. For 5 years, we have been dedicated to providing a comprehensive selection of high-quality courses designed to suit the needs of learners of all ages, backgrounds, and experience levels. We have over 1000 professionally made courses to support your career growth. More than 20000 students have chosen us as their learning platform. Born out of a passion for education and technological innovation, Studyhub has grown to become a hub for knowledge, skills acquisition, and career advancement. Our team of expert educators, industry professionals, and passionate individuals are committed to promoting a culture of effective learning. We believe in the transformative power of education, and our mission is to make the world a better place with the help of proper education.

Whether you're a student looking to enhance your academic performance or a professional seeking to expand your skillset, Studyhub is here to guide you on your learning path. Join our community today and embark on an exciting educational journey with us. Success awaits you!

Why Studyhub?

When you choose to study with Studyhub, you're investing in more than just a course—you're investing in your future. Our extensive collection of courses covers a wide array of subjects, each made with attention to detail and a clear focus on real-world applicability. We understand the dynamic nature of the global job market, and our courses reflect the most in-demand skills and knowledge areas. With us, you are not just learning; you are advancing towards your dreams.
  • Chance to get extensive training from industry expert instructors
  • Study anytime from anywhere at your own pace
  • Upskill and enhance your earning potential by completing a course and getting a CPD accredited certificate.
  • Satisfaction guaranteed
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