Mon, 09th July 2018
Fundamentals of Economics
About
This Module Covers the fundamental economic theories and concepts that are applied in decision-making in a business environment. You will gain an understanding of the economic environment and its effect upon business organisations and their markets.
Examination
This Particular unit will prepare one for an examination and consists of an exam only at the end of the module.
Delivery Method
The Qualification is taught face-to-face, through lectures, tutorials, seminars and laboratory session, by NCC qualified tutors.
Progression
Upon completion of this module equivalent to 7.5 ECTS credits you are also able to complete your diploma in business MQF Level 5. The whole diploma consists of 8 modules these are:
Essentials of Management, Fundamentals of Economics, Communication for Business, Understanding Business Organisations, Buisness Mathematics, Introduction to Finance, eBusiness, Principles of Maketing.
Regulated
NCC Education is regulated by Ofqual (Office of the qualifications and examination regulator) to award the QCF Level 4 Diploma in Business in England. The official name on the certificate will be MQF level 5 Diploma in Business.
Syllabus Content
- Introduction to economics and the tool of Economic analysis
- Theory of Demand and supply
- Introducing supply decisions
- Cost and Supply
- Perfect competition and pure monopoly
- Market structure and imperfect competition
- Introduction to Macroeconomics
- Output and aggregate demand
- Fiscal policy and foreign trade
- Money and banking
- Aggregate supply, prices and adjustment processes
- Inflation, Expectations and credibility

Lectures, hands on practice & workshops
Part Time
1 month
School Leaving Certificate
NCC Education 'Fundamentals of Economics' | 7.5 Credits ECTS
Start Date
Monday 09th July 2018
End Date
Wednesday 29th August 2018

Mondays & Wednesdays
6.00pm to 9:00pm
Degree Pathway
The ICCS qualification or a minimum of 6 O’levels to enroll on the IDCS. To start the BSc 2nd year students must have successfully completed the IDCS or an equivalent qualification. Only students who complete all BSc 2nd year modules can move on to the final year of the Middlesex University BSc.
Short Courses
Since short courses are normally beginners courses most do not have specific entry requirements. With regards to the programming short courses a basic understanding of this field is recommended. A good level of English is essential.
IT Professional Courses
Entry requirements for these courses depend on the course in question. Normally those who apply for such courses have a number of years of work experience within management or IT.
If you do not have the necessary requirement we also provide you with foundation courses that will provide you with the entry requirement for your diplomas.