Course Description

Diploma in Fundamentals of Macroeconomics – Level 3

1 Training



Diploma in Fundamentals of Macroeconomics – Level 3

Overview

Macroeconomics is an area of study that deals with the performance, behavior, structure and decision making of an economy as a whole. Knowledge of it is not only vital for economists, as managers, business owners, entreprenuers, business consultants and financial controllers are also directly or indirectly related to the concept and are affected by it. Therefore, this Diploma in Fundamentals of Macroeconomics – Level 3 Certification has been developed to enlighten interested learners on the fundamentals of macroeconomics necessary to carry about their duties.

This course includes compelling learning materials that will show you the importance of inflation, prices, exchange rate, money and banks within an economy. You will also get to learn the definition and components of the Gross Domestic product that is used to assess the health of a country’s economy, along with an insight into the labour market and how it operates.

This comprehensive course has made sure to explore the various macroeconomic models and the growth theory that presents the conditions required for growth to occur. The other modules will also go onto duly discuss about the classical model, Keynesian cross model, IS-LM model, AS-AD model, neo-synthesis model and the mundell-fleming model to further solidify your knowledge on the subject.

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme. This means that Global Edulink* has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed by Global Edulink* to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards & Certa Awards endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

*1Training is an approved reselling partner for ABC Awards courses under Global Edulink

*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales

Why Consider 1Training?

As improvements and advancements are made in technology, online courses are no longer just conventional means of studying at affordable costs. In many aspects online training offers superiority to traditional learning. There is an effectiveness and convenience that traditional learning cannot provide. The overall convenience and flexibility makes it a superior learning method.

1Training.org offers the most convenient path to gain an internationally recognized qualification that will give you the opportunity to put into practice your skill and expertise in an enterprise or corporate environment. You can study at your own pace at 1Training.org and you will be provided with all the necessary material, tutorials, qualified course instructor and multiple free resources which include Free CV writing pack, Nus Discounted Card, Free career support and course demo to make your learning experience enriching and more rewarding.

Learning Outcomes

  • Understand the importance of inflation, prices and exchange rate within an economy
  • Learn the definition and components of the Gross Domestic Product (GDP)
  • Explore the labour market and how it works
  • Understand the essence of money and banks within an economy
  • Discover the macroeconomics models and the growth theory
  • Learn about the classical model, Keynesian cross model, IS-LM model, AS-AD model, neo-synthesis model and the mundell-fleming model

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The content will be accessible to you 24/7. The course is self-paced and you can complete it in stages, revisiting the lectures at any time.

Course Curriculum Total Units : 26
1: IMPORTANCE OF PRICES AND INFLATION
2: IMPORTANCE OF THE EXCHANGE RATE
3: WHAT IS GROSS DOMESTIC PRODUCT
☑ ASSIGNMENT
☑ SUBMIT YOUR ASSIGNMENT
4: DEFINITION AND THE COMPONENTS OF GDP
5: UNDERSTAND THE LABOR MARKET
6: IMPORTANCE OF MONEY AND BANKS
☑ ASSIGNMENT
☑ SUBMIT YOUR ASSIGNMENT
7: HOW INTEREST RATE EFFECTS
8: UNDERSTAND THE MACROECONOMIC MODELS
9: UNDERSTAND THE GROWTH THEORY
☑ ASSIGNMENT
☑ SUBMIT YOUR ASSIGNMENT
10: WHAT IS THE CLASSICAL MODEL
11: UNDERSTAND THE KEYNESIAN CROSS MODE
12: UNDERSTAND THE IS-LM-MODEL
☑ ASSIGNMENT
☑ SUBMIT YOUR ASSIGNMENT
13: UNDERSTAND THE AS – AD – MODEL
14: LEARN COMPLETE KEYNESIAN MODEL
15: LEARN THE NEO-CLASSICAL SYNTHESIS
16: EXCHANGE RATE DETERMINATION AND THE MUNDELL-FLEMING MODEL

Who Should Attend

  • Individuals aspiring to get into the economics or related industry
  • Economists, business consultants, business owners and entrepreneurs wishing to up their expertise
  • Individuals interested in learning the fundamentals of macroeconomics

Method of Assessment 

This online course is assignment-based with learners being assessed upon the submission of a series of assignments. Once you successfully submit the assignments, students will gain a professional qualification. The assignments must be submitted to the instructor through the online learning portal. The assignments will be reviewed and evaluated, with feedback provided to the student on how well they have fared.

Please Note: Additionally, a total of £49 is charged for the assessment and certificate, and you need to pay that when submitting your assessments only (It is not required to pay initially upon registering). This payment can be made in 02 installments.

Certification 

ABC awards and Certa Awards will provide successful learners with a Certificate of Achievement and a Learner Unit Summary, which lists the units completed by the learner through this course.

Accredited Body

ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.


College Name 1 Training
Course Category Business, Business Management
Course Location Dublin, Ireland
Course Fee 23
Entry Requirements • Learners should be age 19 or over, and must have a basic understanding of Maths, English, and ICT. • A recognised qualification at level 2 or above in any discipline
Career Path • Business Consultant – £38,159 per annum • Small Business Owner – £24,747 per annum • Small Business Operator – £25,759 per annum • Economist – £35,731 per annum • Economic Consultant – £36,079 per annum
For information about 1 Training, please visit our college page on www.nightcourses.com by clicking here.

Course Provider

1 Training



63/66 Hatton Garden, 5th Floor, Suite 23, London. EC1N 8LE, Dublin, United Kingdom

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63/66 Hatton Garden, 5th Floor, Suite 23, London. EC1N 8LE, Dublin, United Kingdom

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