Economics for Everyday

Ref: C3531105

Due to face to face teaching being suspended unfortunately this course is not currently available for enrolment.

We are launching a range of online courses shortly that may be of interest to you so sign up here to hear more.

Fill in your details below and we'll be in touch when courses are available again

 
 

Learners will gain basic understanding of the economic problems that individuals, societies and nations face. They will use everyday economic activities and critical thinking to make economic decisions of every day life. Learners will learn economic terms with clear examples to help them understand economic laws and principles. Learners will be introduced to basic economic concept such as scarcity and how it entails choices. They will also explore how opportunity cost affects economics decision making since we have limited resources and endless needs and wants. The first part of the course will look at microeconomics and how families, businesses and government use it in everyday life; In the second part, the course will look Birdseye view of economics, It will introduce general concepts of economics including income, trade, inflation and unemployment.

Course aim

The aims of Economics for Everday are to enable learners to understand how the individuals and communities use economic information daily. Develop an awareness of how people make choices based on scarce economic resources available to them.

Do I need any particular skills or experience?

  • No skills or experience needed

By the end of the course I should be able to:

  • To understand and use main economic concepts such as scarcity, opportunity cost and choice at microeconomics level, at macro level, to understand and use macroeconomic terms including inflation, unemployment and income.
  • To understand and differentiate economic group ( consumers,producers an government) and their role in the economy
  • To apply the concept of scarcity and choices available to everyday life activities
  • To explain and use the concept of opportunity cost in relation to economic decisions of everyday
  • To explain different types of markets and how such markets set prices of goods and services available

How will I be taught?

  • The WEA tutor will use a range of different teaching and learning methods and encourage you and the group to be actively involved in your learning
  • You may be asked to undertake additional work in your own time to support your learning
  • You will be expected to carry out a range of activities in your own time
  • The course will be taught in various teaching methods including lecture method complemented with group work and discussions. Mini cases studies will presented to the learner in order to deepen their understanding of the topic they had learnt.

What kind of feedback can I expect?

  • A range of informal activities will be used by the tutor to see what you are learning which may include quizzes, question and answer, small projects and discussion
  • You will have opportunities to discuss your progress with your tutor
  • You will be encouraged to share your work with the group and discuss your learning
  • You will be encouraged to consider other students work and give your opinions and suggestions
  • A file of work will be kept which will help to record your progress
  • There will be a number of tasks appropriate to your course such as written work, creating art or craft, video, photography or small projects. Some of these may be marked to help you progress

What else do I need to know?

  • You will also need access to the internet outside of your sessions. You could do this using a smart phone, tablet, laptop or a desktop computer (at home or through a library etc.).
  • All materials will be provided
  • It would be helpful if you had access to the internet (Mobile phone, tablet or computer at home or through a library etc.)

Pre-course work, reading and information sources

What can I do next?

  • Progress to a course with another provider

Download full course information sheet

Economics for Everyday

Is this course right for me? Request more information

Due to face to face teaching being suspended unfortunately this course is not currently available for enrolment.

We are launching a range of online courses shortly that may be of interest to you so sign up here to hear more.

Enrolment Conditions

This course is funded by the West of England Combined Authority but is also open to residents of other areas.

As a registered charity, and to meet our funders’ requirements, we need to check a few things with you before you book. Please could we ask that you check the list below to ensure you meet our basic criteria:

  • You are paying the standard fee (with a credit or debit card) or you are on any of the qualifying benefits
  • You have a valid email address so that you can receive confirmation of your booking
  • You have been resident in the UK, EU or EEA for the last 3 years
  • You are aged 19 years or older on 1st September 2019
  • You have read and accept our standard terms and conditions

Not sure or have further questions? Contact courseenquiries@wea.org.uk

Visa Credit payments supported by RBS WorldPay Visa Debit payments supported by RBS WorldPay Visa Electron payments supported by RBS WorldPay Mastercard payments supported by RBS WorldPay Maestro payments supported by RBS WorldPay JCB payments supported by RBS WorldPay Solo payments supported by RBS WorldPay
RBS WorldPay Payments Processing