Post Graduate Diploma in Economics

Course Overview

This course provides a discussion around a broad range of economic concepts, theories and analytical techniques. It considers both microeconomics – the analysis of choices made by individual decision-making units (households and firms) – and macroeconomics – the analysis of the economy as a whole. The use of a market, supply and demand, model will be the fundamental model in which trade-offs and choices will be considered through comparison of costs and benefits of actions. Production and market structure will be analyzed at the firm level. Macroeconomic issues regarding the interaction of goods and services markets, labor and money at an aggregate level will be modelled. The role of government policy to address microeconomic market failures and macroeconomic objectives will be examined.

Objectives

Upon successful completion of the course, students will be able to

  • Interpret, apply and relate economic principles to current economic issues
  • Explain and predict how supply and demand concept will affect prices in market economies
  • Distinguish between the economic outcomes associated with perfect competition, monopolistic competition, oligopoly and monopoly

Modules

  • Module 1: Basic concepts in economics
  • Module 2: Demand, supply and markets
  • Module 3: Accounting profits, economic profits and economic decision-making
  • Module 4: Macroeconomic concepts: gross domestic product, economic growth and business cycles
  • Module 5: Macroeconomic challenges: unemployment, inflation and macroeconomic performance
  • Module 6: Money and exchange rates
  • Module 7: Market structures: compare and contrast
  • Module 8: Externalities and the role of public policy
  • Module 9: Globalization and trade policy
  • Module 10: Taxation  

Course Assignments

Participants will be required to submit 10 assignments, a research paper and one final examination for the period of 12 months to demonstrate their understanding of the course content. Assignments account for 60%, research paper accounts for 30% while Examination accounts for 10% of the marks.

Merits

Upon successful completion of the course, the participant will receive a Post Graduate Certificate of Merit and a transcript.

Certificate and Transcripts will be given after the successful completion of the course.

Organizers: Action Institute For Professional Studies

Course Duration: 52 weeks (12 months)

Target Region: Global

Language: English

FORMAT: Web-based and Distance Learning facilitated

 

GENERAL COURSE CONTACT: 

Email:info@actionafricainstitute.org

Website: www.actionafricainstitute.org

Tel no: +254 727 616 783

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Enrolled: 24 students
Duration: 12 Months
Level: Intermediate
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