Open University has participated in the Teaching Excellence Framework. These ratings were awarded in 2023, for four years.
Course summary
By studying this certificate, you'll appreciate how economic theory helps understand real world important issues in areas such as government policy, international trade, business decisions, work and innovation. You’ll discover how economics and the economies have evolved over time. This will give you a building block towards acquiring a critical perspective on economics and economic choices for our daily lives. As you’re learning about income, expenditure, savings and investments, you'll gain practical tools and ideas on how to manage your own money effectively. Key features of the course
- Understand how economic theory relates to a variety of real-world topics in society.
- Introduces statistical methods and how to apply them to actual economic problems.
- Develop introductory skills in analytical thought, numeracy and data analysis that are valued by employers.
- Learn practical skills enabling you to manage your money better.
Modules
You will be introduced to economic, mathematical and statistical methods and theories. Various approaches to economics will be taught in a historical context and with a specific focus on managing your personal finances.
Assessment method
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; e-learning resources like podcasts, interactive media and online materials; tutorial groups and community forums.
How to apply
To apply for this course you will be taken to the provider's website, where you can find out more information and make an application.
Points of entry
The following entry points are available for this course:
- Year 1
Entry requirements
Qualification requirements
There are no qualification requirements for this course.
It is important that you are well prepared to study mathematics at this level before you register for this qualification. You can check that you have the appropriate mathematical skills by following the link below to our website.
Please click the following link to find out more about qualification requirements for this course
Student Outcomes
Operated by the Office for Students
There is no data available for this course. For further information visit the Discover Uni website.
Fees and funding
Tuition fees
| England | £7272 | Whole course |
| Northern Ireland | £2318 | Whole course |
| Scotland | £2376 | Whole course |
| Wales | £2624 | Whole course |
| Republic of Ireland | £6984 | Whole course |
| EU | £7472 | Whole course |
| International | £7472 | Whole course |
| Channel Islands | £7472 | Whole course |
Tuition fee status depends on a number of criteria and varies according to where in the UK you will study. For further guidance on the criteria for home or overseas tuition fees, please refer to the UKCISA website .
Additional fee information
Fee information is valid for modules starting before 31 July 2025. Fees typically increase annually.
Provider information
Open University
Student Recruitment Team
PO Box 197
Milton Keynes
MK7 6BJ