Professional Certificate Course in Introduction to Economic Theories and Models

Upskill, reskill or pursue a passion with relevant courses across every subject, whether you’re a beginner or already an expert.

Duration

2 Weeks

Pedagogy

Online

Tuition Fee

£ 40 £ 100

Professional Certificate Course in Introduction to Economic Theories and Models

This course provides an in-depth exploration of the development of economic theories over time. Participants will examine the theoretical foundations of classical economics, including the contributions of Adam Smith and David Ricardo. Additionally, participants will explore how neoclassical theories evolved in response to economic downturns, highlighting the concepts of marginal utility analysis.


After the successful completion of the course, you will be able to learn about the following,

⦁ Understand that how economic theories have developed over time .
⦁ Obtain understanding of the theoretical foundations of classical economics, which can be traced back to individuals such as Adam Smith and David Ricardo.
⦁ Examine Alfred Marshall's contributions and the significance of marginal analysis and utility maximization.
⦁ Get an understanding of how neoclassical theories were altered in response to great depression in the economy.
⦁ Examine the environment in which neoclassical created the theories, highlighting the concepts of marginal utility analysis.

Accreditation

All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details.

Entry requirement

There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.

The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience.

  • Economic Policy Analyst
  • Financial Economist
  • Economic Researcher
  • Policy Advisor
  • Economic Consultant
  • Market Analyst
  • Economic Strategist
  • Economic Development Specialist

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What you'll learn

Module 1

Introduction To Economic Theories And Models

This course offers a deep dive into the evolution of economic theories and their impact on policy formulation. Through case studies and discussions, participants will develop the analytical skills and theoretical understanding necessary to navigate complex economic landscapes and contribute to informed policy decisions.

4 Lectures
1 Quiz

Testimonial

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Stella H.

The course content was exactly what I needed. The structured learning approach and practical examples helped me develop new skills that I use every day.

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Richard K.

An excellent learning experience from start to finish. The course material was well-organized and the concepts were presented in a clear, engaging way.

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Nancy L.

What stood out was how practical and relevant the content was. I've been able to apply what I learned immediately, making a real difference in my work.