Taught course

Economics Diploma Course

Centre of Excellence

Entry requirements

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Months of entry


Course content

Laying the foundations of your economics knowledge, you’ll learn about the assumptions of economics (and the flaws of these assumptions), along with key theories and the behaviour of economic actors. You’ll gain a basic grasp of core concepts such as economies of scale, market failure, externalities, elasticities, and macroeconomic metrics such as inflation and unemployment.

With this knowledge, you will be able to understand what economic policies are appropriate given the economic landscape, and the potential unintended consequences of such policies.

The course begins by looking at the basic fundamentals that underpin our assumptions about the economy, including scarcity, choice, opportunity cost, and the objectives of private companies. From there, the course is divided into two parts, covering microeconomics and macroeconomics.

In the area of microeconomics, we’ll examine the price system, elasticity and behavioural economics, production and specialisation, and intervention and market failure.

In the second half of the course, we’ll explore macroeconomics – covering economic growth, inflation and unemployment, international trade, globalisation and exchange rates, and policies and government intervention.

By studying this course, you will:

  • Gain a foundational understanding of economics
  • Learn about microeconomics
  • Learn about macroeconomics
  • Understand economic policies and their potential unintended consequences

Information for international students

All courses available for international students.

Fees and funding

UK students
International students

Qualification, course duration and attendance options

  • CPD
    full time
    Lifetime access months
    • Online learningis available for this qualification
    part time
    Lifetime access months
    • Online learningis available for this qualification
    Lifetime access months
    • Online learningis available for this qualification

The Economics Diploma Course will take you up to 150 hours to complete, working from home. There is no time limit for completing this course, it can be studied in your own time at your own pace. This is a Level 3 course and will give you 150 CPD (Continued Professional Development) points. Upon completion of your course assessments, you receive 2 certificates. A certificate from the Centre of Excellence and a CPD certificate displaying the number of CPD points earned from the course. This course is endorsed by the Quality Licence Scheme. Therefore, upon successful completion of this course, learners can also receive a certificate of achievement from Quality Licence Scheme and a Learner Unit Summary, which lists the details of all the units the learner has completed as part of the course. (This certificate is optional and costs an additional £15). The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector. The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through their awarding organisations they have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. They are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life. Their knowledge and experience of working within the awarding sector enables them to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.


AssessmentWhat kind of work will I be doing? (proportionally)
150 CPD (Continued Professional Development) points.150

Course contact details