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- Duration / Course length: Upto 6 Hours Start now
- Accredited by: CiQCPD Qualification Standards
- Certificates:
- Course delivery: This course is delivered in video format
Course details
Economics is all around us—it shapes the cost of what we buy, the jobs we do, and the health of entire economies. This course gives you a clear understanding of how economic systems work and how decisions in finance, government, and industry impact our daily lives. With a focus on the essentials, you’ll learn the principles behind supply and demand, the importance of market structures, and how economies grow and change over time.You’ll explore key concepts like inflation, unemployment, and income distribution, and understand how these issues affect both individuals and society. This course also covers the essentials of fiscal policy, international finance, and economic growth, helping you make sense of global markets and local financial trends.
Ideal for anyone with a curiosity about markets or ambitions in business, finance, or policy, this course builds a foundation for understanding the economy at all levels. Get ready to make informed choices, analyse trends, and apply economic thinking to real-world challenges.
Learning Outcomes
- Understand core economic principles, including supply, demand, and market systems.
- Analyse how different market structures impact prices and competition.
- Gain insight into fiscal policy and economic growth.
- Evaluate the effects of inflation, unemployment, and GDP fluctuations.
- Recognize the causes and impacts of income distribution and poverty.
- Learn how international finance influences local and global economies.
- Module 01: An Introduction to Economics
- Module 02: The Market System and the Circular Flow Model
- Module 03: Supply, Demand and Prices
- Module 04: Prices
- Module 05: Elasticity
- Module 06: Market Failures
- Module 07: Production and Costs
- Module 08: Market Structure: Perfect Competition vs Monopoly
- Module 09: Money, Banking and the Financial System
- Module 10: Measuring GDP and Economic Growth
- Module 11: Unemployment
- Module 12: Inflation
- Module 13: Income Distribution and Poverty
- Module 14: International Finance
- Module 15: Fiscal Policy
- Individuals interested in understanding market dynamics and economic policy.
- Students preparing for a career in finance, government, or economic research.
- Business professionals seeking to enhance their strategic economic insight.
- Aspiring policymakers or advisors wanting a solid foundation in economics.
- Anyone curious about how financial systems and policies impact everyday life.
- Individuals aiming to understand global economic trends and implications.
- Economic Analyst - £30K to £45K/year
- Financial Consultant - £25K to £50K/year
- Policy Advisor - £35K to £55K/year
- Market Research Analyst - £28K to £42K/year
- Banking Officer - £25K to £40K/year
Eligibility / Requirements
To enrol in this course, you only need a basic understanding of English and an internet connection.
Job roles this course is suitable for:
Economic Analyst , Financial Consultant , Policy Advisor , Market Research Analyst , Financial Planner , Data Analyst , Business Economist , Investment Advisor , Banking Officer , Trade AnalystCourse Location
About IOMH - Institute of Mental Health
The IOMH (Institute of Mental Health) is dedicated to empowering individuals like you to unlock your full potential and thrive in multiple areas of life. Whether you're seeking personal growth, professional development, or support in overcoming life's challenges, we have the resources and expertise to guide you on your transformative journey.
Our Vision: At the IOMH (Institute of Mental Health), we envision a world where every person is inspired to embrace change, overcome obstacles, motivate others, and find hope in the face of adversity. We believe that through education and support, individuals can tap into their inner strength and create meaningful transformations in all aspects of life.
Our Mission: Our mission is to break barriers and ignite the spark of possibility within you. We are committed to offering a diverse range of courses and programs that encompass variousniches, allowing you to explore and excel in multiple areas of interest. Our skillfully crafted content, designed by specialists, provides you with the knowledge and skills you need to become a well-rounded and empowered individual.
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