Course Brief

When you have completed this study unit you will be able to:
  • Describe the inputs required by business and how markets operate.
  • Describe the industrial sectors in a modern economy and outline recent changes in the British economy.
  • Show the relationship between total population and the labour force and explain the effects of changes in the population on the labour force.
  • Distinguish between the private and public sectors of the economy.
  • Explain how different organisations are owned and controlled with reference to their stakeholders.
  • This course is offered in 50 hours

  • When you have completed this study unit you will be able to:
    • Describe the inputs required by business and how markets operate.
    • Describe the industrial sectors in a modern economy and outline recent changes in the British economy.
    • Show the relationship between total population and the labour force and explain the effects of changes in the population on the labour force.
    • Distinguish between the private and public sectors of the economy.
    • Explain how different organisations are owned and controlled with reference to their stakeholders.