Course Overview

This course will introduce and explain the concepts and tools of economics. It will teach participants a number of economic principles, furnishing them with a set of tools to both enhance their analytical ability and to enable them to work more closely with economists. Applications and case-studies will be presented alongside the theory; participants will be encouraged to relate these to their own areas of work and that of their organisation as a whole. The approach will be discursive and participatory.

Course Quick Facts Course Facts


5 half-days (online: Oct 2023)


Cost per course: £1,279 + VAT

Discount available via Government Campus, please get in touch


03 July 2024 09:30

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Learning Outcomes Outcomes

  • Identify and understand key concepts and tools of macroeconomics and microeconomics.
  • Understand and explain how markets work.
  • Identify key variables of the macroeconomy: unemployment, inflation, growth, trade and balance of payments. 
  • Understand the causes and consequences of inflation and unemployment, and identify policies designed to address these. 
  • Identify sources, causes and consequences of market failure and consider options open to Government in addressing this, across a number of sectors. 
  • Appreciate the current macroeconomic context and anticipate the challenges of the economic and business cycle over the next decade, with a focus on policies for economic growth.
  • Consider the causes, extent and impact of inequality in the UK, and links with economic growth.
  • Understand economics content in the media, in reports and in other non-specialist contexts.
  • Use a broad understanding of the theoretical framework and empirical evidence that informs current government policy and public debate. 
  • Develop an awareness of the latest economic thinking and its role in shaping UK Government policy. 

Prerequisites Prerequisites


  • This training course was one of the most useful courses I have been on. I use the learning on a regular basis in my work and life. Thank you.

  • In eight years as a civil servant, this is the best training I have undertaken in terms of stretch, delivery and content.

  • An excellent course. We covered lots of economics and the trainer helped us to relate it to policy at every step. This is going to make a real difference to my work.

  • Everyone in the UK Civil Service should take this course.

Course Details Info