ICB Economics - Aldes Training Academy NQF Level 5

The ICB Economics course is one of three subjects prescribed for the ICB Intermediate Level Office Administration programme. Knowledge of Economics will enable students to interpret wider the world of business outside the company while simultaneously developing problem solving and analytical skills useful in making important business decisions given competition for resources within the company

Can be completed in 3 Months

Cost: R 3 300

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Recommended for: General Office manager, Secretary, Human Resources Administrator, Labour Relations Administrator, Secretary

Course levels

NQF Level 3

NQF Level 3 courses

NQF levels are intended to award registered learners with national accreditation based on their skills and knowledge. NQF 3 is equivalent to Grade 11 or Standard 9, and is often a stepping stone to NQF 4 and beyond.
NQF Level 4

NQF Level 4 courses

NQF levels are intended to award registered learners with national accreditation based on their skills and knowledge. NQF 4 is equivalent to Grade 12 or Standard 10 (Matric), and is a FET – Further Education and Training - category qualification.
NQF Level 5

NQF Level 5 courses

NQF levels are intended to award registered learners with national accreditation based on their skills and knowledge. NQF 5 is a National Certificate or National Diploma and is a HET – Higher Education and Training - category qualification
NQF Level 6

NQF Level 6 courses

NQF levels are intended to award registered learners with national accreditation based on their skills and knowledge. NQF 6 is a Bachelors Degree or Higher Diploma and is a HET – Higher Education and Training - category qualification.

Course type

Here are some quick facts about the course.

Course duration: Can be completed in Three (3) Months
Type of course: Distance learning / correspondence
Assessment: Formative assessments / assignment and a summative assessment / examination conducted by the ICB
Accreditation: ICB as a Quality Assurance Partner of FASSET
Qualification awarded: You will receive your ICB National Certificate on completion of the Intermediate Level programme

Entrance requirements

You need the following to study this course.

Certificate: Office Administration NQF L5
Students have to register separately with the Institute of Certified Bookkeepers (ICB) as well as with Aldes Training Academy
Aldes Training Academy assists all students with their ICB registrations, at no extra charge
Please download and read the course payment and ICB registration details file, including our NEW Pro version package, for further information

Course Objectives

These overall course objectives will give you an idea about what to expect from the course. It is possible that they will help you see that this course is not the right one for you. In this case you are sure to find something more suitable amongst our wide range of courses – just keep searching until you find that perfect course

What you will learn

This skills programme in Economics introduces the concept of scarcity and provides an analysis of how individuals and company behave given resource constraints. Knowledge of economics allows us to become informed perceptive decision-makers. .Economic analysis helps develop methodical ways of thinking and problem solving which can be applied throughout society and in business

Course contents

Module 1 An introduction to Economics
Module 2 Economic systems in perspective
Module 3 Formulating an Economic framework
Module 4 The money market and monetary economics
Module 5 International trade and finance
Module 6 Labour economics

Additional information

Certificate: Office Administration NQF L5
Students have to register separately with the Institute of Certified Bookkeepers (ICB) as well as with Aldes Training Academy
Aldes Training Academy assists all students with their ICB registrations, at no extra charge
Please download and read the course payment and ICB registration details file, including our NEW Pro version package, for further information

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