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Economics for Non-Economists

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  • Overview ImageOverview
  • Outline ImageCourse Outline
  • Scheduled ImageScheduled Dates

Course Overview

This comprehensive 5-day training course is designed to equip individuals with a fundamental understanding of economic principles and their practical applications in both personal and professional contexts. The course demystifies economic concepts, providing participants with the tools to analyse economic trends, make informed decisions, and understand the broader economic environment.

This course provides non-economists with a solid foundation in economic principles, empowering them to make informed decisions in both their personal and professional lives. Participants will leave with practical tools to understand and analyse economic trends, communicate effectively about economic issues, and apply economic reasoning to real-world situations.

Objective:

By the end of this course, participants will be able to:

  • Understand key economic concepts and principles.
  • Analyse the impact of economic factors on businesses and society.
  • Interpret economic indicators and trends.
  • Apply economic reasoning to decision-making processes.
  • Communicate economic concepts effectively to non-specialists.
  • Evaluate government policies and their economic implications.
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Course Outline

Day 1: Introduction to Economics

  • Understanding economics and its relevance
  • Key concepts: scarcity, opportunity cost, and supply and demand
  • Microeconomics vs. Macroeconomics

Day 2: Market Dynamics and Consumer Behaviour

  • How markets work: supply, demand, and price mechanisms
  • Consumer behaviour and decision-making
  • Market structures: competition, monopolies, and oligopolies

Day 3: Macroeconomic Indicators and Policies

  • GDP, inflation, and unemployment: what they mean and why they matter.
  • Fiscal policy: government spending and taxation
  • Monetary policy: central banks and interest rates
  • Case study: Analysing economic trends using real data.

Day 4: Global Economy and International Trade

  • Globalization and its impact on businesses and individuals
  • International trade: benefits, barriers, and trade agreements
  • Exchange rates and their effect on trade and investment
  • Case study: Trade relations between major economies

Day 5: Applying Economic Concepts to Decision-Making

  • Using economic reasoning to make business decisions
  • Evaluating the economic impact of government policies
  • Ethical considerations in economic decision-making
  • Final assessment and course wrap-up
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Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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  • May
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Location

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London

London

$5,300


Duration: 5 Days

date: 12 - 16 May 2025

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New
London

London

$5,300


Duration: 5 Days

date: 11 - 15 Aug 2025

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New
London

London

$5,300


Duration: 5 Days

date: 10 - 14 Nov 2025

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  • Finance and Accounting

Economics for Non-Economists

Duration:5 Days

date:12 - 16 May 2025

London

London

$5,300


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Why Choose London Training For Excellence?

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    Quality

    Our courses are delivered by highly experienced industry experts

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    Recognition

    All our courses are accredited by the CPD Standards Agency

Frequently Asked Questions

How can training courses be used as a company benefit?

Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!

How often do you update your course content to ensure relevancy?

Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.

Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.

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Economics for Non-Economists

  • United KingdomLondon
  • calendar12 - 16 May 2025
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Economics for Non-Economists

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  • United KingdomLondon
  • 12 - 16 May 2025
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