Global Certificate in Economic Decision Theory Principles
-- ViewingNowThe 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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⢠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
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