Higher Diploma in Microeconomics
Course Overview
The Higher Diploma in Microeconomics is a UK Level 5 qualification running 15 to 18 months. It focuses on the analytics of consumer choice, firm behaviour, market structure, welfare and market failure, and their application to UK policy questions in regulation, competition, healthcare, energy and labour markets. The syllabus is aligned with Royal Economic Society benchmarks and Government Economic Service reasoning standards.
By graduation you will have produced formal microeconomic analyses on live UK policy questions, built simple general-equilibrium and partial-equilibrium diagrams, prepared a competition-authority style market-investigation note and a capstone piece defending an applied microeconomic argument. Credit transfer into a UK Bachelor's top-up in economics is confirmed at enrolment.
Key Features
- Fifteen to eighteen months of applied microeconomic study with a capstone piece.
- Syllabus aligned with Royal Economic Society and Government Economic Service reasoning standards.
- Case material drawn from Competition and Markets Authority reports, Ofgem and Ofcom decisions and IFS microsimulation work.
- Named programme tutor plus a working microeconomist mentor from the LSLPE guest faculty.
- Three parallel study modes and confirmed credit transfer into a UK Bachelor's top-up.
- Two intake windows a year, with named admissions support for international applicants.
What You Will Learn
- Consumer theory: preferences, utility, demand and revealed preference.
- Producer theory: costs, technology, profit maximisation and supply.
- Market structures: perfect competition, monopoly, oligopoly and monopolistic competition.
- Game theory essentials for firm strategy and regulatory design.
- Welfare economics and applied general equilibrium.
- Market failure: externalities, public goods, asymmetric information and market power.
- Regulatory microeconomics: price caps, RIIO, competition remedies and merger control.
- Writing a formal microeconomic memo defending a policy option.
Who This Course Is For
- Working economists and analysts in regulators, competition authorities and consultancies.
- Working policy officers who need formal microeconomic reasoning for their day job.
- Career changers moving from finance or industry into economic consulting.
- Graduates progressing toward a UK Bachelor's top-up in economics.
Career Pathways
- Regulatory Economist
- Economic Consultant
- Research Economist
- Government Economist
- Behavioural Economist
- Labour Market Analyst
- Economic Policy Analyst on competition and regulation
The LSLPE careers service links Higher Diploma graduates with entry pipelines into economic-consulting firms, sectoral regulators, government economist streams and applied research institutes.
Entry Requirements
- A relevant Diploma (Level 4), Advanced Diploma or comparable qualification.
- GCSE English at grade 4/C and Mathematics at grade 4/C or equivalent; strong numeracy is expected.
- IELTS 6.0 overall (no band below 5.5) for non-native English speakers.
- One academic or professional reference.
- Working professionals moving from analyst or research-assistant roles are welcomed.
Why Study at LSLPE
The London School of Law, Politics and Economics teaches microeconomics where UK microeconomic policy is contested, within a short tube ride of the CMA, the sectoral regulators and IFS. Seminars use published regulatory decisions and IFS working papers as the raw case file.
Three parallel study modes let progressors, working practitioners and international applicants complete the Higher Diploma without leaving employment, and the LSLPE careers service maintains active links with the economic-consulting sector.
Apply for Higher Diploma in Microeconomics
Applications for the Higher Diploma in Microeconomics are open, with confirmed articulation into a Bachelor's top-up. Complete a Higher Diploma at LSLPE and articulate into a UK Bachelor's top-up in the same discipline, credit transfer is confirmed at enrolment. Enrol Now
