Business & Management Distance Learning Introduction to Economics

The course covers the fundamental questions of economics as well as the basic microeconomic decisionmaking by households and companies and the macroeconomic relationships and interdependencies.

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Degree:

Certificate

Start:

monthly intakes

Model:

Distancelearning

Language:

english

ECTS-Points:

Standard period of study:

3 Months

Themeworld:

Business & Management

Cost:

840,00 EUR Total

AT A GLANCE

The contents of your certificate course

In this certificate course, you will learn to incorporate micro- and macroeconomic conditions into operational decisions, to develop positions based on current economic choices and policy issues and to represent them independently.

Degree: University Certificate in Introduction to Economics
Examination: Submission Tasks (15 pages)
Credit points: 6 ECTS
Learning duration: approx. 150 hours (incl. self-study and exam)
Regular certificate duration: 3 months
Access from date of purchase: 3 months + 15 months free support period
Certificate start: on the first day of each month
Certificate fee: EUR 840
Certification: submitted for state approval in accordance with the German Distance Learning Protection Act (FernUSG)

After active participation, you will receive an official certificate of attendance.
Participants who optionally complete the certificate with a successful exam performance receive 6 ECTS credits and a certificate of completion for the university certificate.

Your content

Introduction into economic thinking
Consumer behavior and market demand
Producer behavior and market supply
Market structures, market power and market failure
Economics of government
Sources of market inefficiency
Economics of factor markets
Economics of international trade
Macroeconomic theories
World Trade Organization (WTO) and European Union (EU)
Sustainable international economic development

Your advantages

Understand the fundamentals of economic decisions as they relate to individuals, businesses, and governments
Develop suitable solutions in a methodological manner
Secure long-term business success

YOUR OUTLOOK

How to achieve your goals

Price fluctuations, economic cycles, inflationary trends: economic variables are ever-present in the business landscape. The role of a skilled economist is to analyse these factors, distinguish between short-term volatility and long-term trends, and integrate these insights into strategic business decisions. Skilled economists are highly sought after in financial planning, market analysis, policy advice and strategy development roles, as well as on corporate boards and management teams.

YOUR PARTICIPATION

You meet these requirements

Do you want to shape the future of your business by identifying the economic forces that drive growth or hinder progress? Do you want to influence change and develop strategies that ensure your organisation is well positioned to meet economic challenges and seize new opportunities? Then this certificate course will equip you with the skills to work as an economist in organisations of all sizes - a qualification that will make you a valuable asset across industries, functions and sectors, in both the private and public sectors.

YOUR CREDITS

Recognition for a later course of study

Academic and non-academic achievements can be credited/recognised upon request. You can have successfully completed modules of the certificate course recognised in the degree programmes of the SRH Fernhochschule if there is a corresponding match in content. Please contact your student advisor for more information.

SRH Fernhochschule | Prof. Dr. Stefan Müller

A sound command of key economic variables is indispensable for successful business operations. Interest rates, foreign exchange rates, taxes and public subsidies concern most every business. Get acquainted with a variety of different aspects of economic theory and practice as they relate to the daily decision-making by consumers, businesses and the government.

Prof. Dr. Michael Koch, Professor of Economics & Sustainability

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