Level 3 Diploma in Microeconomics

Course details

With our Level 3 Diploma in Microeconomics, you'll gain a profound understanding of economic principles and open doors to countless career opportunities. Whether you aspire to be an economist, policy analyst, or business leader, this course will empower you to make informed decisions and navigate the intricate microeconomic factors.

Our comprehensive Level 3 Diploma in Microeconomics course covers a wide range of essential topics, starting with the Ten Principles of Economics, which serve as the foundation for your journey. After completing the Level 3 Diploma in Microeconomics course, you'll learn to think like an economist, making sense of complex economic scenarios and making informed decisions. Besides, you will explore the concepts of interdependence and gains from trade and understand how international trade impacts economies. You will also discover the dynamics of supply and demand that govern markets. Additionally, this course will give you insights into consumer and producer behaviour, market efficiency, and taxation ;

Moreover, the Level 3 Diploma in Microeconomics course will provide in-depth knowledge of monopolies and competition. You will also learn the nitty-gritty of production costs, market structures, and factors of production. As the Level 3 Diploma in Microeconomics course is about to finish, you will become familiar with the causes and consequences of income inequality and poverty and the potential policy interventions to address these issues.

Enrol today and take the first step toward becoming a skilled economist with a Level 3 Diploma in Microeconomics.

Level 3 Diploma in Microeconomics Course Curriculum

• Introduction
• Ten Principles of Economics
• Thinking Like an Economist
• Interdependence and the Gains from Trade
• The Market Forces of Supply and Demand
• Elasticity and Its Application
• Supply, Demand, and Government Policies
• Consumers, Producers, and the Efficiency of Markets
• Application: The Costs of Taxation
• Application: International Trade
• Externalities
• Public Goods and Common Resources
• The Design of the Tax System
• The Costs of Production
• Firms in Competitive Markets
• Monopoly
• Monopolistic Competition
• Oligopoly
• The Markets for the Factors of Production
• Earnings and Discrimination
• Income Inequality and Poverty
• The Theory of Consumer Choice
• Frontiers of Microeconomics

Why Choose The Teachers Training Academy

Some of our features are:

• This is a dedicated website for teaching
• 24/7 tutor support
• Interactive Content
• Affordable price
• 100% online
• Flexible deadline

Level 3 Diploma in Microeconomics Course Assessment

The assessment is straightforward, you need to complete the assignment questions that will be provided to you at the end of the course, you can complete the assignment anytime you want. After you complete and submit your assignment, our tutors will assess your assignment and give you feedback if ;

After your assignment has been assessed and you have passed, you will be qualified and will be able to apply for a course completion certificate.

✅ So let's do this! Enrol today and start learning about the Level 3 Diploma in Microeconomics course!     Updated on 20 February, 2024