Graduate Certificate in Behavioural Economics

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Graduate Certificate in Behavioural Economics

Behavioural Economics

is a field of study that seeks to understand how psychological, social, and emotional factors influence economic decisions.

By combining insights from psychology, sociology, and economics, Behavioural Economics aims to improve decision-making and policy-making.

Our Graduate Certificate in Behavioural Economics is designed for professionals and students who want to understand the psychological and social drivers of economic behaviour.

Through this programme, you will learn how to apply Behavioural Economics principles to real-world problems, such as consumer behaviour, financial decision-making, and public policy.

You will develop skills in data analysis, experimental design, and policy evaluation, and gain a deeper understanding of the complex interactions between individuals, societies, and economies.

Our programme is ideal for those interested in careers in finance, policy, marketing, and public health, as well as for researchers and academics looking to expand their knowledge in this field.

So why not explore Behavioural Economics further and discover how it can help you make a positive impact in the world?

Behavioural economics is a rapidly growing field that combines psychology, economics, and social sciences to understand human decision-making. Our Graduate Certificate in Behavioural Economics will equip you with the knowledge and skills to apply this approach in various industries, including finance, healthcare, and policy-making. You'll gain a deep understanding of behavioural economics and its applications, as well as develop essential skills in data analysis, research methods, and communication. With this certificate, you'll be well-positioned for a career in behavioural economics, policy analysis, or related fields, with opportunities to work with governments, NGOs, or private companies.

Benefits of studying Graduate Certificate in Behavioural Economics

Behavioural Economics has become increasingly significant in today's market, with the UK being no exception. According to a report by the Centre for Economic Performance, the field has seen a significant surge in demand, with over 1,400 graduates entering the job market in 2020 alone. This growth can be attributed to the increasing need for professionals who can apply economic principles to understand human behaviour and decision-making.

Year Number of Graduates
2015 200
2016 300
2017 500
2018 700
2019 1,000
2020 1,400

Career opportunities

Below is a partial list of career roles where you can leverage a Graduate Certificate in Behavioural Economics to advance your professional endeavors.

* Please note: The salary figures presented above serve solely for informational purposes and are subject to variation based on factors including but not limited to experience, location, and industry standards. Actual compensation may deviate from the figures presented herein. It is advisable to undertake further research and seek guidance from pertinent professionals prior to making any career-related decisions relying on the information provided.

Learn key facts about Graduate Certificate in Behavioural Economics

The Graduate Certificate in Behavioural Economics is a postgraduate program that equips students with the knowledge and skills to understand how psychological, social, and emotional factors influence economic decisions.
This program is designed to provide students with a comprehensive understanding of the behavioural economics field, which has become increasingly relevant in today's economy.
The learning outcomes of the Graduate Certificate in Behavioural Economics include developing a deep understanding of the theoretical foundations of behavioural economics, as well as the ability to apply this knowledge to real-world problems.
Students will also gain practical skills in data analysis, statistical modelling, and econometric techniques, which are essential for behavioural economists.
The duration of the Graduate Certificate in Behavioural Economics typically takes one year to complete, although this may vary depending on the institution and the student's prior qualifications.
The program is designed to be flexible, with both full-time and part-time options available to suit different student needs.
The Graduate Certificate in Behavioural Economics has significant industry relevance, as behavioural economics is increasingly being applied in fields such as finance, marketing, and public policy.
Many employers, including financial institutions, consulting firms, and government agencies, are looking for professionals with expertise in behavioural economics to inform their decision-making.
Graduates of the Graduate Certificate in Behavioural Economics can pursue a range of career paths, including behavioural economics research, policy analysis, and consulting.
The program is also a great stepping stone for those who wish to pursue a Master's degree in behavioural economics or a related field.
Overall, the Graduate Certificate in Behavioural Economics is an excellent choice for students who are interested in understanding the psychological and social factors that influence economic decisions.

Who is Graduate Certificate in Behavioural Economics for?

Ideal Audience for Graduate Certificate in Behavioural Economics Behavioural economics is a rapidly growing field that seeks to understand how psychological, social, and emotional factors influence economic decisions. If you're a UK resident, you're not alone in seeking to upskill in this area. According to a report by the UK's Office for National Statistics, over 4.7 million adults in England, Wales, and Northern Ireland lack basic numeracy skills, highlighting the need for effective communication and decision-making.
Demographics Our Graduate Certificate in Behavioural Economics is designed for individuals from diverse backgrounds, including professionals, policymakers, and students. Typically, our students are aged 25-45, with a strong interest in economics, psychology, or social sciences. Many are seeking to transition into careers in fields like finance, marketing, or public policy.
Career Goals Graduates of our programme aim to apply behavioural economics principles to drive positive change in their chosen fields. Some common career goals include working in financial planning, developing effective marketing strategies, or informing policy decisions that promote social welfare. By acquiring a deeper understanding of human behaviour and decision-making, our graduates are equipped to make a meaningful impact.
Prerequisites While no prior knowledge of behavioural economics is required, a strong foundation in economics, psychology, or social sciences is beneficial. Our programme assumes a basic understanding of statistical analysis and research methods. If you're new to these concepts, don't worry – our expert instructors will guide you every step of the way.

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Course content

• Behavioural Economics
• Game Theory
• Experimental Economics
• Decision Making
• Cognitive Biases
• Prospect Theory
• Nudges and Defaults
• Social Influence
• Loss Aversion
• Framing Effects


Assessments

The assessment process primarily relies on the submission of assignments, and it does not involve any written examinations or direct observations.

Entry requirements

  • The program operates under an open enrollment framework, devoid of specific entry prerequisites. Individuals demonstrating a sincere interest in the subject matter are cordially invited to participate. Participants must be at least 18 years of age at the commencement of the course.

Fee and payment plans


Duration

1 month
2 months

Course fee

The fee for the programme is as follows:

1 month - GBP £149
2 months - GBP £99 * This programme does not have any additional costs.
* The fee is payable in monthly, quarterly, half yearly instalments.
** You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

1 month - GBP £149


2 months - GBP £99

Accreditation

This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognized awarding body or regulatory authority.

Continuous Professional Development (CPD)

Continuous professional development (CPD), also known as continuing education, refers to a wide range of learning activities aimed at expanding knowledge, understanding, and practical experience in a specific subject area or professional role. This is a CPD course.
Discover further details about the Graduate Certificate in Behavioural Economics


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The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.

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