Certificate in Economic Thinking
Course Overview
The Certificate in Economic Thinking at LSLPE is a UK Level 3 introductory qualification running 3 to 6 months across on-campus, online and distance modes. It is a first-entry route for school-leavers, career changers and international applicants who want to understand how economists actually reason: opportunity cost, incentives, marginal analysis, supply and demand as diagnostic tools, and the political economy of trade-offs. The syllabus is informed by the Royal Economic Society's introductory guidance.
By graduation you will have produced short economist-style commentaries on live UK debates, worked through problem sets applying marginal reasoning, contributed to seminar discussions of trade-offs, and completed an annotated reading portfolio.
Key Features
- First-entry accessible pedagogy assuming no prior study of economics.
- Curriculum informed by Royal Economic Society (RES) introductory guidance.
- Weekly seminars in small, tutor-visible cohorts.
- Live case teaching from UK policy debates and IFS-published commentary.
- Named tutor support across all three study modes.
- Articulation into LSLPE Diploma routes in economics.
What You Will Learn
- Opportunity cost and marginal reasoning applied to everyday choices.
- Supply, demand and price as diagnostic tools.
- Elasticity and its intuitive uses.
- Market failure: externalities, information problems and public goods at introductory level.
- Basic macroeconomic ideas: growth, inflation, unemployment.
- Fiscal and monetary policy at a beginner level.
- The political economy of trade-offs and public choice.
- Reading economist-style writing critically.
Who This Course Is For
- School-leavers exploring economics before committing to a Diploma or degree.
- Career changers considering a move into policy, finance or research.
- International applicants building UK-context economics literacy.
- Working professionals building a first credential ahead of Diploma progression.
- Journalists and communications professionals needing rigorous economic reasoning.
Career Pathways
- Progression to LSLPE Level 4 Diploma routes in economics.
- Junior analyst support in a research house or consultancy.
- Assistant researcher role in a public affairs firm.
- Editorial assistant on economics-facing publications.
- Applicant pool for BSc programmes across the LSLPE portfolio.
Certificate courses at LSLPE serve principally as a structured on-ramp to the Diploma and Advanced Diploma routes, and the LSLPE careers service supports progression as much as immediate entry.
Entry Requirements
- GCSE English at grade 4/C or equivalent; open access for mature applicants at admissions review.
- No prior study of economics required; the Certificate in Economic Thinking is designed as a first-entry route.
- IELTS 5.5 overall (no band below 5.0) for non-native English speakers, or equivalent.
- A short personal statement of 250 words describing your interest in economic reasoning.
- International applicants supported through visa, accommodation and English-language guidance.
Why Study at LSLPE
LSLPE is a specialist division of Harold International College of London that teaches economics as an argued practice in permanent conversation with politics and law. The Certificate in Economic Thinking is delivered in small, tutor-visible cohorts using the case-room and select-committee tradition, so beginners learn by argued reading rather than by passive lecture.
Central London places the Bank of England, the Treasury, Chatham House and the leading think tanks within a short tube ride of every classroom. Online and distance students join the same weekly seminar structure with named programme-tutor support.
Apply for Certificate in Economic Thinking
Start with a UK Level 3 Certificate at LSLPE. Rolling intakes, early applications receive the widest choice of tutors and elective modules. Enrol Now


















