Course title :  Microeconomics: Price and Trade  

Microeconomics: Price and Trade" delves into fundamental economic principles of supply, demand, pricing, and trade. Explore market dynamics, price determination, and the impact of trade on economies. Ideal for students and professionals, this course covers microeconomic concepts essential for understanding individual consumer and firm behavior. Learn how markets allocate resources, set prices, and facilitate trade transactions. Gain insights into market equilibrium, elasticity, and government intervention. Enhance your understanding of microeconomic principles and their real-world applications. Join us to deepen your knowledge of price and trade dynamics in microeconomics and excel in economic analysis.

Description

Dive into the world of economics with "Microeconomics: Price and Trade." This comprehensive course explores essential concepts such as supply, demand, pricing, and trade dynamics. Ideal for students and professionals alike, it covers microeconomic principles crucial for understanding individual and firm behavior in markets. Learn about market equilibrium, elasticity, and the role of government intervention. Discover how markets allocate resources and determine prices, and examine the impact of trade on economies. With practical examples and real-world applications, this course equips you with the knowledge and skills needed to analyze economic phenomena effectively. Join us to deepen your understanding of microeconomics, enhance your analytical abilities, and excel in economic analysis in various fields. Enroll now to master the intricacies of price and trade in microeconomics.

Why Online ?

  • Cost effective - Typically UK diploma starts from GBP £3000 per annum, but with online study, you can enjoy saving more than 60% on your educational investment.
  • Practical Content - The coursework is immediately applicable to the careers, and you can earn long-term gains including increase in salary and promotions
  • Study anytime, anywhere - You don't have to attend a College campus, so you can study from anywhere in the world. The online delivery enables you to download the lecture notes, submit assignments wherever you are.
  • Assessments - Assessment is via assignment submission

Who is this course for?

Career path

Career options for graduates of the "Microeconomics: Price and Trade" course include:

  1. Economist
  2. Financial Analyst
  3. Market Research Analyst
  4. Policy Analyst
  5. Business Consultant
  6. Investment Analyst
  7. Supply Chain Analyst
  8. Pricing Analyst
  9. Government Economist
  10. Economic Researcher With expertise in microeconomic principles, graduates can pursue rewarding careers in various industries such as finance, consulting, government, and academia. This course equips individuals with analytical skills and economic knowledge essential for understanding market dynamics, pricing strategies, and trade dynamics, opening doors to diverse career opportunities.

Duration

The programme is available in 2 duration modes:

    • 6 Months
    • 9 Months
Entry Requirements

In order to apply you should have either:

    • OR;
Course Content
    1. Introduction to Microeconomics

      • Overview of microeconomic principles
      • Basic concepts of supply and demand
    2. Market Equilibrium and Elasticity

      • Understanding market equilibrium
      • Price elasticity of demand and supply
    3. Consumer Behavior

      • Utility maximization
      • Consumer preferences and budget constraints
    4. Production and Costs

      • Production functions
      • Short-run and long-run costs
    5. Perfect Competition

      • Characteristics of perfectly competitive markets
      • Profit maximization in competitive markets
    6. Monopoly and Monopolistic Competition

      • Characteristics of monopoly markets
      • Product differentiation in monopolistic competition
    7. Oligopoly and Game Theory

      • Characteristics of oligopoly markets
      • Strategic behavior and game theory
    8. Market Failures and Government Intervention

      • Externalities and public goods
      • Role of government in correcting market failures
    9. International Trade and Comparative Advantage

      • Benefits of international trade
      • Comparative advantage and trade policies
    10. Economic Efficiency and Welfare Analysis

      • Efficiency of competitive markets
      • Consumer and producer surplus analysis
Assessment

Assessment is via assignment submission

Fee Structure

The fee for the programme is as follows:

    • 6 Months - Accelerated mode @ GBP £1250
    • 9 Months - Standard mode @ GBP £950
Fee payment plans

The programme offers following fee payment plans:

    6 months programme● Payment option (a): GBP £416 x 3 monthly instalments
    ● Payment option (b): GBP £1187.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
    9 months programme● Payment option (c): GBP £190 x 5 monthly instalments
    ● Payment option (d): GBP £475 x 2 quarterly instalments
    ● Payment option (e): GBP £902.50 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
Accreditation

The programme is awarded by London School of International Business

How to apply?

Simply follow the 2 steps given below to apply:
1. Fill application form on-line at https://www.educationtraining.org.uk/enrolment-form/start.html
2. Pay application fee of GBP £10
(This can be paid online using credit or debit card)

Please visit our online application form to apply.