C11299v3 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
Course aims
Career options
Course intended learning outcomes
Admission requirements
Inherent requirements
Assumed knowledge
Recognition of prior learning
Course duration and attendance
Course structure
Course completion requirements
Course program
Other information

Overview

Targeted at professionals seeking to integrate behavioural economics into their expertise, this course equips them with a robust understanding of behavioural principles and applications. Stand out by mastering both traditional economic theory and behavioural models, gaining insights into decision-making heuristics and biases.

Students acquire practical skills in applied behavioural science, including causal inference and trial design, enhancing their ability to apply these concepts in their current role or the oversight of behavioural science teams. Engage in active learning through a blend of theoretical and hands-on approaches, preparing them to make informed, strategic decisions in their professional environment.

Course aims

The course aims to provide students with a foundational understanding of how individuals make economic decisions and how psychological factors can influence those decisions and better explain real-world economic behaviours.

Career options

Career options include positions in consulting, policy development, product design and consumer experience.

Course intended learning outcomes

1.1	Develop options to address identified behavioural economic factors in business problems
2.1	Convey information clearly and fluently in written and verbal form appropriate for the problem, data and stakeholders
2.2	Interact with colleagues and stakeholders to work effectively towards agreed outcomes
3.1	Apply principles of equity, justice and sustainability in behavioural economics practice
4.1	Combine theoretical and empirical research with quantitative and qualitative expertise to implement effective behavioural- economics practice
5.1	Critically reflect on the intersection between Indigenous Australian contexts and behavioural economics, to support ethical professional practice to work with and for Indigenous peoples and communities

Admission requirements

To be eligible for admission to this course, applicants must meet the following criteria.

Applicants must have one of the following:

Completed Australian bachelor's degree or higher qualification, or overseas equivalent.

A minimum of 4 years full-time, or equivalent part-time, relevant post-secondary professional experience AND a general capacity to undertake tertiary education

Relevant professional experience refers to any current work experience in which you have developed skills, knowledge, and competencies directly related to the course for which you are applying. This includes roles such as managers, professionals, technicians, community, personal service, clerical, administrative, or sales workers across various industries.

Supporting documentation to be submitted with the application

For applicants who need to demonstrate work experience:

Curriculum Vitae AND Statement of service in one of the following formats:
- A 'Statement of Service' provided by the employer
- A completed 'UTS statement of service’ signed by the employer
- A statutory declaration confirming work experience (for Australian Residents only)
- An official letter from the applicant’s accountant or solicitor on their company letterhead confirming the applicant’s work experience or engagement with the business, duration of operations, and the nature of the business
- A business certificate of registration in original language and English (e.g. provision of ASIC documentation or ABN or similar documentation for Australian Businesses)

The English proficiency requirement for local applicants with international qualifications is: IELTS Academic: 6.5 overall with a writing score of 6.0; or TOEFL iBT: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64 with a writing score of 50; or C1A/C2P: 176-184 with a writing score of 169.

Eligibility for admission does not guarantee offer of a place.

Inherent requirements

Inherent requirements are academic and non-academic requirements that are essential to the successful completion of a course. For more information about inherent requirements and where prospective and current students can get assistance and advice regarding these, see the UTS Inherent requirements page.

Prospective and current students should carefully read the Inherent Requirements Statement below and consider whether they might experience challenges in successfully completing this course.

UTS will make reasonable adjustments to teaching and learning, assessment, professional experiences, course related work experience and other course activities to facilitate maximum participation by students with disabilities, carer responsibilities, and religious or cultural obligations in their courses.

For course specific information see the UTS Business School Inherent Requirements Statement.

Assumed knowledge

There is no assumed knowledge for the Graduate Certificate of Behavioural Economics.

Recognition of prior learning

There is no recognition of prior learning available for this course.

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

STM91760 Core subjects GradCertBehavEcon		24cp
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
Session 2
23714 Rationality and Incentives		3cp
23715 Game Theory and Strategic Decision Making		3cp
Session 3
23710 Behavioural Decision Making		3cp
23711 Behavioural Game Theory		3cp
Session 4
23718 Statistical Foundations for Economics and Business		3cp
23716 Principles of Causal Inference		3cp
Session 5
23717 Trial Design		3cp
Session 6
23712 Behavioural Approach to Investment and Insurance Decisions		3cp