The details
Location: Online Mode of study: Part-time Qualification: Online professional course (20 credits) Study duration: 13 weeks
Start date: Awarding body: University of Essex Delivered by: Kaplan Open Learning For queries: Call +44 (0) 1206 489 358

What are the fundamental principles of micro and macro-economics? Find out in this online professional course. 

You’ll explore the key concepts undermining economics, while being encouraged to apply common economic tools in your professional life. You’ll also take a look at how economic forces affect managerial decisions and how to overcome potential challenges. 

You’ll cover a range of interesting topics, including: 

  • advanced theoretical economic concepts 
  • business risks and opportunities in complex economic environments 
  • public policies from a personal and business perspective 

At the end of the course, you’ll have the opportunity to study one of our popular postgraduate business courses.  

  

Why we’re great 

  • Hone your decision making, analytical and critical thinking skills.  
  • Demonstrate your learning through Q&A sessions and individual assignments. 
  • Access learning materials from anywhere in the world, with our virtual learning environment (VLE).  
  • Gain 20 academic credits on successful completion, which are transferrable to further study on a PG Cert, PG Dip or full Masters degree.  
  • Study with an institution with over 15 years’ experience delivering high quality online education.  

You’ll study the following topics as part of the online professional course: 

  • principles and key concepts of economics (markets, competition, efficiency, demand and supply, price, oligopoly, monopoly, market failure and externalities)  
  • the market 1 – principles of supply and demand  
  • the market 2 – principles of supply and demand  
  • the role of government in the economy  
  • the behaviour of firms 1  
  • the behaviour of firms 2  
  • new development in economics 

Teaching methods 

Studying online gives you the freedom to complete your qualification when and where it suits you – at home, during your lunch hour or in a café. 

Our online professional courses are delivered through a virtual learning environment (VLE) instead of a traditional campus. This means you’ll have access to your study materials 24/7, including: 

  • multimedia lecturecasts made up of written content, short videos, animation, audio recordings, infographics, short tests and mini-assignments 
  • discussion forums for you to chat about the module content with fellow students 
  • live Q&A sessions with your tutors 
  • a comprehensive eLibrary of textbooks and academic journals 
  • support from academic staff and your dedicated Student Support team 

To ensure you receive high-quality tutor support, each class is capped at 20 students. 

 

Assessment methods 

You’ll be assessed exclusively through assignments. These include assessed discussion forums, written assignments and journal entries. 

We’re committed to providing frequent and transparent feedback in the following ways: 

  • our assessment criteria are designed to be simple and transparent 
  • you’ll always be aware of your current provisional grade, right from the start 
  • you’ll be able to clearly view your marks in your gradebook whenever you log on to the learning platform 
  • there’s a seven-day turnaround for marking and feedback of assessed work 
  • you’ll have regular contact with your Student Support team, with whom you can discuss any concerns as soon as they arise 

  

Study duration 

Our Economics for Managers online professional course has a study duration of 13 weeks, including a one-week induction to help you settle into online study. 

The Economics for Managers online professional course offers a whole host of opportunities. This will be beneficial whether you’re looking to climb the career ladder or take the first step into business – helping you stand out amongst the competition. 

If you wish to continue your studies and boost your prospects, you could choose additional business online professional courses. Alternatively, you could progress on to a PG Cert Business Management (60 credits); PG Dip Business Management (120 credits) or the full Master of Business Management (180 credits).    

Please note, acceptance on to a postgraduate qualification is subject to meeting the entry requirements of your chosen programme. 

No formal qualifications or experience is necessary.  

As our courses are delivered in English, a high proficiency of English is required. If English isn’t your first language, your ability should be equivalent to an IELTS (Academic) score of 6.5. Don’t worry if you don’t hold an IELTS or equivalent qualification – we offer a free online English test to assess your proficiency.  

You don’t need to prove your English ability if you’re a national of, or have completed a qualification equivalent to a UK degree in, any of these countries. 

Please note, our online professional courses have a limited number of places available. We’ll always endeavour to get you started on your preferred date, but if this isn’t possible our Admissions team will be in touch to discuss alternative arrangements.

Full tuition fee:
£1,386 UK / £1,455 International (2024-25) Δ
 

  • Our online professional courses are fully inclusive – all teaching materials and required reading are included. 
  • Alumni discount of 10% of the tuition fee available if you’re a previous graduate with the University of Essex or University of Essex Online.   
  • We offer a 14-day moneyback guarantee, so if you decide your course isn’t for you during the first 14 days, we’ll give you a full refund. Terms and conditions apply. 

Δ All tuition fees shown are net of any applicable sales tax payable by you in your country of residence. Where we are required to add sales tax at the local statutory rate, this will be added to the tuition fees shown and confirmed during the payment process. 

Subject specialists, industry authorities and experienced academics: the tutors who teach on our Management: Principles and Practices online professional course are experts in the business field.

What our students say

testimonials

William Annoh -Master of Business Management (MBM)

I was particularly impressed with the way that the online programme was structured. My Student Advisor Rebekah was very helpful in advising me and guiding me through the process. All the faculty who taught the modules were very very helpful; they taught me so much. I've learnt a lot of things and I'm willing and ready to use them in my career path. I particularly loved the discussion forums. It was a platform for us to engage with each other, so it helped us as online participants to get to know each other and think about different things. It helped me open my mind to a lot of different ideas. Now that I've finished my degree, the first thing I plan to do is to better myself in my role at work. I just started a new role last month so I'm looking forward to using my experiences from here to grow that. On the side I do some consultancy as well, and I have helped manage a few...

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