Global Certificate in Economic Decision Theory Principles
-- viewing nowThe Global Certificate in Economic Decision Theory Principles is a comprehensive course that equips learners with a solid understanding of decision-making theories and their applications in economics. This course is essential for anyone looking to advance their career in economics, finance, or business analysis.
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Course Details
• Introduction to Economic Decision Theory: Basic concepts, history, and importance of decision theory in economics
• Rational Choice Theory: Principles of rational decision making, preferences, and utility functions
• Probability and Decision Making: Probability theory, expected utility hypothesis, and risk attitudes
• Game Theory: Strategic decision making, dominant and dominated strategies, and Nash equilibrium
• Behavioral Economics: Bounded rationality, heuristics and biases, and prospect theory
• Decision Analysis: Multi-criteria decision making, decision trees, and sensitivity analysis
• Information and Uncertainty: Bayesian decision theory, information structures, and uncertainty
• Ethics and Decision Making: Moral principles, ethical dilemmas, and social welfare functions
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
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