This Unit is designed to provide candidates with the knowledge and skills for further study or employment in an administrative or IT environment. It is an optional Unit within HNC/HND Administration and Information Technology or HNC Accounting course, but is also included within other HN Group Awards and can be taken as a stand-alone Unit. It will introduce you to fundamental issues in economics with a particular emphasis on the business environment. For more information please visit the SQA website.
Credit points and level: 1 HN credits at SCQF level 7: (8 SCQF credit points at SCQF level 7)
You will learn about basic economic problems, and how the consumer and other economic agents can address these problems. You will also learn about the operation of markets and what can be done to help avoid market failure, as well as national income and its importance in government policy and the Keynesian model of the circular flow of income. The unit has three outcomes of learning, introducing you to:
In order to complete this unit successfully, you will be required to achieve a satisfactory level of performance in all three pieces of assessed work.
Everything you need to know before applying for this course.
It would be beneficial for candidates to have competence in numeracy and communication. This may be demonstrated by possession of Core Skill Numeracy at SCQF Level 4 and/or the Core Skill Communication at SCQF Level 5 (or equivalent).
Pre-entry guidance is required before booking a place on this course. Please contact our Distance Learning Co-ordinators for more information.
You may be required to attend College for assessment. Please check if this is a requirement for your course.
Your course may be free if you are not a full time student with NESCol and you are : in receipt of benefits; or care-experienced; or your household taxable income falls below defined levels.
This course is eligible for ITA funding which offers up to £200 towards the cost of training. Conditions apply.
“I’ve had such a positive experience with the College and can’t recommend the workplace learning route highly enough. I think it’s important to recognise that there are various routes to achieving qualifications and this was the right path for me.”
“NESCol is such a supportive place to study, and the staff go above and beyond to help you achieve your goals.”
“My daughter is so proud of me. I’m doing it for her – to show her if you want it, you can do it now for tomorrow.”
“If you’re not too sure about what you want to do, then I would definitely recommend a Foundation Apprenticeship because it gives you an insight into working while you’re still studying.”
“I feel confident moving forward as the experience of a Modern Apprenticeship and the skills I have managed to develop stand as a strong base structure for the rest of my career.”
“For anyone considering studying Accounting at NESCol, I would say it will definitely set you up and give you the right foundation for progressing on to a career in accountancy. I feel the skills I learned at college have been very beneficial in the work I am doing today. I use my knowledge gained at college of accounting principles and taxation every day.”
“This course will benefit you in more ways than one and the lecturers are some of the best people you’ll get to meet.”
“This vocational route has allowed me to get a good balance between work and my social life, and have healthy finances!”
“College really helped me bridge the gap between being in relatively small classes at school and being in huge lectures at university.”
“The lecturers on the course were just brilliant and had so much valuable knowledge and experience to pass on.”
This course requires some attendance at College, often for assessment purposes only. Please enquire about expectations for your specific course when booking.
Attendance is usually at the Aberdeen City Campus or Fraserburgh Campus.
When submitting your distance learning application form, please ensure you attach the additional information sheet listing qualifications and previous knowledge with your application. You may be required to attend College for assessment. Please check if this is a requirement for your course.
Distance Learning courses have flexible start dates and applications will be considered at all points of the year.
For non-Scottish residents – the College will confirm fees payable for your chosen course on booking and these may differ from the advertised fee.
If you take up a place on a College course, at the start of the course you will be asked to complete an enrolment form. In completing the form and/or taking up a place on a College course, you will enter into a contract with the College and be bound by the North East Scotland College Standard Terms and Conditions of Study. Copies of the Terms and Conditions are available for inspection on notice boards and at various locations throughout the College, at the College Reception, on the College website: nescol.ac.uk, or can be obtained on request from the Student Funding and Admissions Manager, North East Scotland College, Aberdeen City Campus, Gallowgate, Aberdeen AB25 1BN. Please note that courses are offered subject to (a) there being sufficient numbers of enrolments and (b) the availability of resources. The College reserves its right (i) not to run courses where the number of students is considered insufficient or where resources are unavailable and (ii) in certain circumstances, to refuse admission to an individual applicant.
Here are some courses you may also be interested in.
