Diploma in Economics at QLS Level 5

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[Updated 2025]

Imagine a world where you can predict market trends, understand what drives prices, and make sense of the economy's ups and downs. In a world that’s always changing, the need for skilled economists is on the rise expected to grow by 6% in the UK over the next five years. Economics careers are not only in high demand but are also rewarding, with salaries between £35,000 and £60,000 a year for various roles.

Our Diploma in Economics at QLS Level 5 opens the door to this exciting field. Dive into the fundamentals of Economics, from supply and demand to market failures, and explore critical areas like national and international finance. You’ll get hands-on knowledge about how money and banking work, what causes inflation, and why some markets thrive while others struggle.

This course covers a broad range of topics, from perfect competition to monopolies, giving you a strong foundation in economic theory and practical applications. Each module builds your ability to analyze, interpret, and make informed decisions about economic issues that affect businesses, governments, and everyday life.

If you’re ready to start building a future in Economics, enroll in our Diploma in Economics at QLS Level 5 today, and take your first step towards an exciting journey into the world of economics and finance.

Learning Outcomes

• Grasp foundational concepts of economics.
• Understand the dynamics of supply, demand, and prices.
• Explore different market structures and their implications.
• Dive into the role of banks and the financial system.
• Measure and interpret GDP and economic growth.
• Analyse unemployment, inflation, and their impacts.
• Understand fiscal policy and its role in economies.

Key Features

• FREE QLS-endorsed certificate
• 4 Free CPD Accredited Courses with Free e-Certificates
• CPD Accredited Hard Copy Certificates
• Fully online, interactive courses
• Self-paced learning and laptop, tablet, smartphone-friendly
• 24/7 Learning Assistance
• Discounts on bulk purchases

Free Courses

1. Finance for Non finance Managers
2. Financial Analysis
3. Research Methods: Writing and Publishing
4. Learning to Learn – Super Learning

Digital certificate

Digital certificate - Included

Hard copy certificate

Hard copy certificate - Included

QLS Endorsed Certificate

Hard copy certificate - Included

• Training Express - download

What Will You Learn from This Course?

Dive into the captivating world of economics. This course unravels the intricate tapestry of market dynamics, financial systems, and policies that shape our world. Whether you're a novice or seeking a refresher, journey through the realms of economic theory and real-world applications.

• Module 01: An Introduction to Economics
  Begin with the basics. Understand what economics is all about.

• Module 02: The Market System and the Circular Flow Model
  Explore market operations. Learn about the circular flow of income.

• Module 03: Supply, Demand and Prices
  Delve into market fundamentals. Discover how prices are determined.

• Module 04: Prices
  Dive deeper into pricing. Understand its significance in markets.

• Module 05: Elasticity
  Grasp the concept of elasticity. Learn its impact on supply and demand.

• Module 06: Market Failures
  Identify imperfections in markets. Explore causes and solutions.

• Module 07: Production and Costs
  Understand production dynamics. Learn the relationship with costs.

• Module 08: Market Structure: Perfect Competition vs Monopoly
  Compare market structures. Understand competition and monopoly scenarios.

• Module 09: Money, Banking and the Financial System
  Dive into the world of finance. Explore the role of banks and money.

• Module 10: Measuring GDP and Economic Growth
  Measure a country's economic health. Understand GDP's role.

• Module 11: Unemployment
  Explore the facets of unemployment. Understand its economic implications.

• Module 12: Inflation
  Delve into inflation's causes and effects. Learn its impact on economies.

• Module 13: Income Distribution and Poverty
  Understand economic disparities. Explore the causes and effects of poverty.

• Module 14: International Finance
  Navigate global financial waters. Learn about exchange rates and trade.

• Module 15: Fiscal Policy
  Dive into government spending. Understand its influence on the economy.

Accreditation

All of our courses are fully accredited, including this Diploma in Economics Course, providing you with up-to-date skills and knowledge and helping you to become more competent and effective in Economics.

Certification

Once you’ve successfully completed your Diploma in Economics Course, you will immediately be sent a digital certificate. Also, you can have your printed certificate delivered by post (shipping cost £3.99). Our Diploma in Economics Course certification has no expiry dates, although we do recommend that you renew them every 12 months.

After successfully completing the assignment, learners will be able to order a FREE QLS-endorsed certificate.

This Diploma in Economics Course can be taken by anyone who wants to understand more about the topic. With the aid of this course, you will be able to grasp the fundamental knowledge and ideas. Additionally, this Diploma in Economics Course is ideal for:

• Students aiming to enhance their writing skills.
• Professionals keen on improving written communication.
• Non-native speakers seeking English language mastery.
• Content creators and bloggers.
• Educators teaching English subjects.
• Job seekers aiming for roles requiring strong communication.
• Writers looking to refine their craft.
• Business professionals drafting reports and emails.

Learners do not require any prior qualifications to enrol on this Diploma in Economics Course. You just need to have an interest in Diploma in Economics Course.

After completing this Diploma in Economics Course you will have a variety of careers to choose from. The following job sectors of Economics Course are:

• Copywriter
• Editor
• Content Strategist
• Technical Writer
• English Tutor
• Communications Officer

Currently there are no Q&As for this course. Be the first to ask a question.