Diploma in Economics


Program Description

3 TOP UNIVERSITIES = 1 EUROPEAN DEGREE All students will have in addition to ABMS Diploma a Joint Diploma with University of Dąbrowa Górnicza (WSB) and Taras Shevchenko National University. 3 Top European Universities = Best Virtual/Distance Program = 1 Top European Diploma SWITZERLAND + EU + TOP RANKED 500 The course starts with a basic but rigorous introduction to economic concepts and tools of analysis. It then moves on to discuss introductory microeconomic supply and demand analysis and different market structures. The macroeconomic section of the course commences with the circular flow of income and the multiplier which are used as the bases of a discussion of the impact of government activity and foreign trade upon economic activity. We then turn to the consideration of money, banking and monetary policy and the effect of these upon the level of economic activity. This leads to an overview of IS/LM analysis, of the different schools of macroeconomic thought and finally of introductory issues of international trade. Throughout the course, we will reflect the textbook’s approach of seeking to relate the theory covered to current data on the Swiss and world economies.

Learning Outcomes

  • Discuss and explain the problems of, and the difference between macro and microeconomics, including the basic theories of demand and supply.
  • Describe the fundamental principles of and also the workings of the international trade system.
  • Explain and evaluate the Keynesian, Classical and Monetarist schools of thought, and the models to which they give rise; and the concept of national income as a measure of societal well being. Evaluate the rationale for the various forms of Government Intervention in the economy, and provide analyses of the likely effects of fiscal and monetary policy in each of the different models upon all of the important macroeconomic variables (e.g. employment, national income, output and inflation).
  • Apply supply and demand analysis to the working of markets both in equilibrium and disequilibrium, including examination of the effects of such matters as price restrictions, quotas, and taxation.
  • Demonstrate the effects of different market structures (perfect competition, monopoly, monopolistic competition, and oligopoly) upon the conduct (particularly pricing policy) and performance of business organizations, and give examples of the forms and effects of government intervention in this area.
  • Apply economic theories to a range of business problems and suggest possible solutions based on these theories.
  • Apply quantitative techniques to well-specified problems.

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Study Language: this study program taught entirely in English.


  • Essentials of Management
  • Fundamentals of Economics
  • Communications for Business
  • Understanding Business Organisations
  • Business Mathematics
  • Introduction to Finance
  • eBusiness
  • Principles of Marketing

We have 4 intakes per year: January, April, July, and October

Admission Requirements:

This study program is the 1st academic year of the Bachelor study program Duration: 1 year Diploma: Diploma in Economics Age: Minimum age 17 years Previous study: High school Diploma or equivalent English level: IELTS or equivalent (Only for students from non-English speaking countries or students who did not study at English speaking school) Study Method: Online Fee: 2950 Euro per Semester, European Credit Transfer and Accumulation System: this program is equivalent to 60 ECTS European Qualifications Framework: this program is equivalent to EQF Level 4 Note: Study fee does not include application and reservation fee (to guarantee you a study place) of 240 Euro (onetime payment and non-refundable).

Last updated Nov 2017

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About the School

We offer a range of online study programs starting from Associate Bachelor Degree up to Doctorate Degree, including Masters and Bachelors study programs, all our Studies can be done in ONE academic ye ... Read More

We offer a range of online study programs starting from Associate Bachelor Degree up to Doctorate Degree, including Masters and Bachelors study programs, all our Studies can be done in ONE academic year part time (Friday to Sunday). Read less