Award in Basic Economics for Managers
| Program start date | Application deadline |
| 2025-12-01 | - |
Program Overview
The MQF Level 5 Award in Basic Economics for Managers is a 2-month program designed for those seeking a foundation in economic principles for business. Through its focus on demand and supply, participants will learn to analyze markets, construct supply and demand curves, and perform basic cost analysis. The program is aimed at equipping managers with the economic knowledge and decision-making skills necessary in a dynamic business environment.
Program Outline
Degree Overview:
The MQF Level 5 Award in Basic Economics for Managers is a program designed to provide a foundation in economic principles applicable to the business world. It explores the opportunities and challenges presented by these principles, focusing on demand and supply.
Objectives:
- Carry out effective decision-making based on economic activity under the supervision of a superior.
- Monitor shifts and changes in the economy which directly or indirectly affect the business.
- Deal with basic economic issues and adapt according to changes.
- Analyse and describe various markets and marketing analysis principles.
- Construct supply and demand curves.
- Perform basic cost analysis.
Assessment:
The Award in Basic Economics for Managers is assessed through the use of an assignment.
Other:
- Awarding Body: Central Mediterranean Business School (CMBS)
- Accrediting Body: Malta Further and Higher Education Authority (MFHEA)
- Level: Level 5 in the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.
- Delivery: Face-to-face & Work-based Learning
- Language: English
- Location: Central Mediterranean Business School, The Brewhouse, Mdina Road, Zone 2, Central Business District, Birkirkara CBD 2010, Malta
- Duration: 2 Months
- Starting: Dec 2024
- Credits: 10 ECTS/ECVET
- Full Price (EU Students): €995 (Up to €697 refunded via the Get Qualified Scheme)
