University of Technology Sydney

C11299v1 Graduate Certificate in Behavioural Economics

Award(s): Graduate Certificate in Behavioural Economics (GradCertBehavEcon)
Commonwealth supported place?: No
Load credit points: 24
Course EFTSL: 0.5
Location: City campus

Notes

This course is not offered to international students.


Overview
Career options
Course intended learning outcomes
Admission requirements
Course duration and attendance
Course structure
Course completion requirements
Course program
Other information

Overview

The Graduate Certificate in Behavioural Economics provides a thorough understanding of the basic principles of Behavioural Economics, heuristics and biases in individual decision making and their implications in strategic interactions. Students are given the opportunity to apply Behavioural Economics concepts in different decision-making environments including financial decision making, health, education, and environment.

This course introduces students to a rapidly expanding field of Behavioural Economics by providing a foundation in Standard Economic Theory and by building the Behavioural Models on this foundation. This gives students a solid understanding of Behavioural Economics by combining the Economic Theory and psychological insights. This understanding allows them to analyse a wide range of situations and behaviours in different decision-making environments.

Career options

Career options include management-level positions in industry or government.

Course intended learning outcomes

1.1 Interpret Behavioural Economics concepts and empirical/experimental methods to apply knowledge in local and international contexts
2.1 Develop options to address identified behavioural economic factors in business problems
3.1 Convey information clearly and fluently in written and verbal form appropriate for the problem, data and stakeholders
3.2 Interact with colleagues and stakeholders to work effectively towards agreed outcomes
4.1 Explain principles of equity, effectiveness, efficiency and sustainability as well as Indigenous values relating to professional practice in Behavioural Economics
5.1 Apply technical and adaptive skills in specialised professional practice

Admission requirements

Applicants must have completed a UTS recognised bachelor's degree, or an equivalent or higher qualification, or submitted other evidence of general and professional qualifications that demonstrates potential to pursue graduate studies.

All applicants who do not meet the academic requirement may still be considered on the basis of:

  • a minimum of at least four years full time, or equivalent, relevant post-secondary work experience.

The relevant work experience must be demonstrated through a C.V. and a Statement of Service, confirming the dates of employment and the position held within the organisation.

The English proficiency requirement for local applicants with international qualifications is: Academic IELTS: 6.5 overall with a writing score of 6.0; or TOEFL: paper based: 550-583 overall with TWE of 4.5, internet based: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64; or CAE: 176-184.

Eligibility for admission does not guarantee offer of a place.

Course duration and attendance

The course is completed in one year of part-time study.

Course structure

Students must complete a total of 24 credit points made up of eight subjects (3 credit points each).

Course completion requirements

23710 Behavioural Decision Making 3cp
23711 Behavioural Game Theory 3cp
23712 Behavioural Approach to Investment and Insurance Decisions 3cp
23713 Behavioural Economics and Corporate Decision Making 3cp
23714 Rationality and Incentives 3cp
23715 Game Theory and Strategic Decision Making 3cp
23716 Principle of Causal Inference 3cp
23717 Trial Design 3cp
Total 24cp

Course program

A typical part-time program is provided below. Refer to the Timetable Planner for confirmation of availability.

Autumn commencing
Year 1
March session
23714 Rationality and Incentives   3cp
23715 Game Theory and Strategic Decision Making   3cp
May session
23710 Behavioural Decision Making   3cp
23711 Behavioural Game Theory   3cp
August session
23712 Behavioural Approach to Investment and Insurance Decisions   3cp
23713 Behavioural Economics and Corporate Decision Making   3cp
October session
23717 Trial Design   3cp
23716 Principle of Causal Inference   3cp

Other information

Further information is available from the UTS Business School on:

telephone 1300 ask UTS (1300 275 887)
email business@uts.edu.au
Business (Postgraduate)