Professional Certificate in Behavioral Economics: Policy Formulation

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The Professional Certificate in Behavioral Economics: Policy Formulation is a comprehensive course that bridges the gap between economic theory and practical decision-making. This program emphasizes the importance of understanding human behavior in economic policy-making, addressing the limitations of traditional economic models.

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AboutThisCourse

With a strong industry demand for professionals who can apply behavioral economic insights to real-world challenges, this certificate course equips learners with essential skills for career advancement in various fields, including public policy, marketing, finance, and healthcare. By blending theoretical knowledge with practical applications, learners will master the art of designing, implementing, and evaluating policies using behavioral economic principles. The curriculum covers essential topics such as bias and heuristics, judgment and decision-making, behavioral game theory, and experimental methods. Through case studies, interactive exercises, and real-world examples, this course empowers professionals to drive impactful change and improve overall societal well-being.

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CourseDetails

• Introduction to Behavioral Economics – definitions, history, and key concepts
• Biases & Heuristics in Decision Making – cognitive shortcuts, common biases, and their implications
• Bounded Rationality & Behavioral Policy Formulation
• Behavioral Experiments – design, implementation, and interpretation
• Nudging & Choice Architecture – principles and applications in policy design
• Behavioral Policy Evaluation – metrics, analysis, and improvement
• Privacy, Ethics, and Regulation in Behavioral Economics
• Case Studies in Behavioral Policy Formulation
• Behavioral Economics in Public Health Policy
• Behavioral Economics in Environmental Policy

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EntryRequirements

  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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FastTrack GBP £140
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AcceleratedLearningPath
  • ThreeFourHoursPerWeek
  • EarlyCertificateDelivery
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StandardMode GBP £90
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FlexibleLearningPace
  • TwoThreeHoursPerWeek
  • RegularCertificateDelivery
  • OpenEnrollmentStartAnytime
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  • DigitalCertificate
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PROFESSIONAL CERTIFICATE IN BEHAVIORAL ECONOMICS: POLICY FORMULATION
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London College of Foreign Trade (LCFT)
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05 May 2025
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