General Economic Principles for Business

General Economic Principles for Business (6 ECTS) 

MQF Level 5

Date – TBC
Duration – 30 Hours
Accredited – Yes
Price – Price (Local/EU) – Euro 500 / (Non-EU) – Euro 600

Module Description

This module has been specifically formulated to focus on the of the Macro Economic Environment on the Micro Environment of the Business.  It focuses on economic data collection and analysis of such data as a tool of taking MICRO Economic factor decisions for the business

Entry Requirements

Students should be at least 18 years+ and in possession of a minimum MQF Level 4 Qualification (Matriculation Certificate)


An equivalent qualification such as MQF Level 4 in Business Management, HR Management, Facilities Management or similar.


This course is targeted at:

  1. individuals aspiring to work as a business managers
  2. individuals who wish to advance their education and gain in depth basic knowledge and skills related to business management.
  3. individuals already working in the field related to business management and would like to obtain qualification in this sector.

Learning Outcomes

At the end of the module/unit the learner will have acquired the responsibility and autonomy to:

  1. Understand general economic principles
  2. Capable of understanding the Macro Economies
  3. Understanding Micro Economy
  4. Be wary of Economic impact on the business
  5. Impacts on Demand and Supply
  6. Understand the international economy.

At the end of the module/unit the learner will have acquired the following skills:

  1. Understands the General Economy overall
  2. Capable of investigating the MACRO Economy;
  3. Utilise collected Economic data for the MICRO Economy;
  4. Be capable of taking immediate action on any supply/demand changes;
  5. Capable of making informed decision on Globalising the business


This module shall be assessed by way of an assignment, not exceeding 4000 words. Learners must obtain a minimum of 50% of the total mark in order to successfully pass from the module. In the case that learners do not pass on the first try, learners can re-sit the examination. In the case of recurring failure, learners shall be asked to re-do the module.


Intake dates


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