Economics
This diploma will introduce you to core macro and microeconomic concepts and theories and you'll learn how economics helps your understanding of real-world issues such as government policy, international trade, business decisions, work and innovation.
| Award Name | Diploma of Higher Education at UK Level 5 |
|---|---|
| NFQ Classification | |
| Awarding Body | Open University |
| NFQ Level |
| Award Name | NFQ Classification | Awarding Body | NFQ Level |
|---|---|---|---|
| Diploma of Higher Education at UK Level 5 | Open University |
Duration
How long it takes
Part time – 4 years
Full time – 2 years
Time limit – 12 years
Study method: Distance learning.
How much time do I need?
• Most of our students study part time, completing 60 credits a year.
• This will usually mean studying for 16–18 hours a week.
Entry Requirements
There are no formal entry requirements for this qualification.
It is important that you are well prepared to study mathematics at this level. So, before you register for this qualification, it is essential to check that you have the appropriate mathematical skills to study Discovering mathematics (MU123).
Take a look at our Maths Help study resources to brush up your mathematical skills in preparation for our self-assessed quiz. If you can answer most of the questions, or could do them with a quick reminder (because the topic is familiar to you but you can’t quite remember the details), then you are ready.
If you'd like some advice and guidance about your ability to study this qualification, please talk to an advisor.
Careers / Further progression
Career relevance
With this qualification you'll be able to successfully apply your knowledge and skills in various jobs in government, business, accountancy, banking, economics, data analysis, financial analysis, insurance, management and administration, consultancy, the voluntary sector and teaching.
Exploring your options: see 'Course Web Page' link below for further information.
Further information
Register for this course.
Start dates
• October 2024: Registration closes 05/09/2024
• February 2025: Registration closes 09/01/2025
Credit transfer: apply by 08/08/2024
This diploma will introduce you to core macro and microeconomic concepts and theories and you'll learn how economics helps your understanding of real-world issues such as government policy, international trade, business decisions, work and innovation. As you discover how economics and economies have evolved over time, you’ll gain a critical perspective on the economic choices affecting our daily lives and learn methods and techniques applied by economists in their daily jobs. You'll also gain valuable analytical skills, including applied data analysis, which are valuable to many employers.
Key features of the course
• Analyse key real-world topics about society, such as employment, markets and businesses, finance, technology and government policy.
• Study and apply statistical methods to real economic problems using specialised software.
• Gain practical skills for managing your own money.
• Develop analytical and research skills that are valued by employers.
A nationally recognised qualification in its own right, this diploma of higher education is also equivalent to the first two thirds of the BA (Honours) Economics (R30)
This diploma has two stages, each comprising 120 credits.
• Stage 1 will give you the necessary grounding in economics, personal finance, statistics and mathematics.
• Next at Stage 2, you'll cover the core theories and methods in economics and applied statistics.
See 'Course Web Page' link below for more information on modules.
Learning outcomes, teaching and assessment
This qualification develops your learning in four main areas:
• Knowledge and understanding.
• Cognitive skills.
• Practical and professional skills.
• Key skills.
The level and depth of your learning gradually increases as you work through the qualification. You’ll be supported throughout by the OU’s unique style of teaching and assessment – which includes a personal tutor to guide and comment on your work; top quality course texts; elearning resources like podcasts, interactive media and online materials; tutorial groups and community forums.
Tel: +353 1 678 5399
Our advisers are available to take your call Monday to Friday from 08:30 to 17:00, excluding public holidays.