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Level 3 Diploma in Microeconomics

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 costs. 

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.

Why Choose Teachers Training

Some of our website features are:

Entry Requirements

No formal entry requirements. You need to have:

Certification

Successfully completing the MCQ exam of this course qualifies you for a CPD-accredited certificate from The Teachers Training. You will be eligible for both PDF copy and hard copy of the certificate to showcase your achievement however you wish.

  • You can get your digital certificate (PDF) for £4.99 only
  • Hard copy certificates are also available, and you can get one for only £10.99
  • You can get both PDF and Hard copy certificates for just £12.99!

The certificate will add significant weight to your CV and will give you a competitive advantage when applying for jobs.

Course Curriculum

Introduction
Introduction 00:02:00
Ten Principles of Economics
Ten Principles of Economics 00:28:00
Thinking Like an Economist
Thinking Like an Economist 00:33:00
Interdependence and the Gains from Trade
Interdependence and the Gains from Trade 00:23:00
The Market Forces of Supply and Demand
The Market Forces of Supply and Demand 00:24:00
Elasticity and Its Application
Elasticity and Its Application 00:19:00
Supply, Demand, and Government Policies
Supply, Demand, and Government Policies 00:30:00
Consumers, Producers, and the Efficiency of Markets
Consumers, Producers, and the Efficiency of Markets 00:20:00
Application: The Costs of Taxation
Application: The Costs of Taxation 00:20:00
Application: International Trade
Application: International Trade 00:32:00
Externalities
Externalities 00:17:00
Public Goods and Common Resources
Public Goods and Common Resources 00:11:00
The Design of the Tax System
The Design of the Tax System 00:18:00
The Costs of Production
The Costs of Production 00:24:00
Firms in Competitive Markets
Firms in Competitive Markets 00:23:00
Monopoly
Monopoly 00:26:00
Monopolistic Competition
Monopolistic Competition 00:16:00
Oligopoly
Oligopoly 00:20:00
The Markets for the Factors of Production
The Markets for the Factors of Production 00:18:00
Earnings and Discrimination
Earnings and Discrimination 00:21:00
Income Inequality and Poverty
Income Inequality and Poverty 00:30:00
The Theory of Consumer Choice
The Theory of Consumer Choice 00:26:00
Frontiers of Microeconomics
Frontiers of Microeconomics 00:20:00
Bonus Advanced Topics
Advanced Topic Class 1 00:30:00
Advanced Topic Class 2 00:30:00
Advanced Topic Class 3 00:31:00
Advanced Topics Class 4 00:44:00
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Leadership & Management

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No more than 50 active courses at any one time. Membership renews after 12 months. Cancel anytime from your account. Certain courses are not included. Can't be used in conjunction with any other offer.

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