Economics in Practice, Short Course | Part time online | The Open University UK | United Kingdom
8 months
1868 GBP/full
1868 GBP/full
Tuition fee
Apply date
Start date


The Economics in Practice module from The Open University UK is an introduction to the way that the theories and tools of economics are used in the workplace and everyday life. 


Using interviews with working economists and real-world examples, such as tackling flood risk, planning for climate change and using sugar taxes to improve public health, it'll demonstrates how economics is used and embedded in the lives that we lead. 

Moreover, the Economics in Practice module from The Open University UK will give you a taste of what it might be like to work in one of the many careers where aspects of economics would be utilised on a daily basis.

You’ll also have access to a module website, which includes:

  • a week-by-week study planner
  • course-specific module materials
  • audio and video content
  • interactive online activities
  • assignment details and resources
  • online tutorial access.

Programme Structure

The module is divided into four blocks:
  • Block 1 – Data provides an introduction to data
  • Block 2 – Options looks at how the tools of economics are used to weigh up competing choices, projects and policies in different sectors of the economy (households, business, financial investment and government) in order to select a preferred course of action. 
  • Block 3 – Projections focuses in particular on how economic forecasts are used by business and government to inform their decision-making. 
  • Block 4 – Evaluation looks at how to assess whether a project, policy or program has worked as anticipated. 

Key information


  • Part-time
    • 8 months

Start dates & application deadlines




30 alternative credits



Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

  • here are no pre-requisites for studying this module. However, since this is a OU level 2 module, you are strongly advised to have completed your OU level 1 studies first.
  • Before registering for this module, to help you decide whether you're ready to study at this level, you can take our Are you ready for DD226? quiz. There is also advice on preparatory materials you can study before you start in order to be better prepared for your studies.
  • You will find it helpful to have previously studied some basic mathematics and an optional self-test (for one of our mathematics modules) will help you check that you are ready for this aspect of the module. Although this has been created to test your readiness for a different module, if you can answer most of the questions in Levels 1 and 3 of the test, or could do them with a quick reminder because the topic is familiar but you can’t quite remember the details, then you're ready to start this module. 

Tuition Fee

To always see correct tuition fees
  • International

    1868 GBP/full
    Tuition Fee
    Based on the tuition of 1868 GBP for the full programme during 8 months.
  • National

    1868 GBP/full
    Tuition Fee
    Based on the tuition of 1868 GBP for the full programme during 8 months.


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Economics in Practice
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