Description Behavioural Economics Diploma Introducing the Behavioural Economics Diploma, a comprehensive online course designed to provide learners with a deep understanding of the intricate world of behavioural economics. This course not only aims to introduce fundamental concepts but also offers insights into how these concepts play a pivotal role in the decision-making processes in real-world scenarios. Behavioural Economics, at its core, is the study of how psychological, social, cognitive, and emotional factors influence the economic decisions of individuals and institutions. With the rise of the digital age and increased interconnectivity, understanding human behaviour is more crucial than ever. The Behavioural Economics Diploma provides a platform for learners to grasp these concepts from the comfort of their homes. The course starts with an 'Introduction to Behavioural Economics'. This module sets the stage by detailing the foundations of this field, preparing learners for the in-depth content that follows. This is the first step towards understanding why people often make irrational decisions, even when they have all the necessary information at hand. Next, learners will explore 'Heuristics and Biases', which delves into the shortcuts our brains take when making decisions. These shortcuts might often lead to errors, but understanding them can be the key to predicting certain behaviours. The module on 'Prospect Theory and Loss Aversion' presents the idea that losses usually have a more substantial emotional impact on people than gains. This is pivotal in understanding many financial decisions and predicting market behaviours. 'Time Inconsistency and Present Bias' highlights how people might value immediate rewards more than future ones, even if the latter is more significant. This bias is often evident in our daily lives, be it in our spending habits, savings, or even in our diet and exercise regimes. 'Social Preferences' focuses on how individuals' decisions are influenced by societal norms, peer pressure, and the behaviours of those around them. In a world where social media plays a significant role, this module is especially relevant. Through the 'Bounded Rationality' section, learners will understand that people have limits to their thinking and that they can't always make the most rational decisions because of these limitations. 'Nudges and Choice Architecture' shows how small changes in the way choices are presented can significantly influence the decisions people make. This module is especially relevant for those interested in marketing or policy-making. For those keen on understanding the financial market's behavioural aspects, 'Financial Behaviour and Behavioural Finance' provides insights into why and how the market often behaves irrationally. One of the course's most practical modules, 'Behavioural Insights in Public Policy', demonstrates how understanding behavioural economics can lead to better policy-making, benefiting societies at large. Lastly, 'The Future of Behavioural Economics' offers a glimpse into the exciting possibilities this field holds, its potential growth areas, and how it might shape the world in the coming years. In summary, the Behavioural Economics Diploma is not just another online course. It is a journey into understanding human behaviour, making it a valuable asset for those in marketing, finance, policy-making, or anyone keen on understanding the dynamics of decision-making. Enrolling in this course is a step towards mastering the art and science of predicting, influencing, and understanding decisions in an increasingly complex world. What you will learn 1: Introduction to Behavioural Economics 2: Heuristics and Biases 3: Prospect Theory and Loss Aversion 4: Time Inconsistency and Present Bias 5: Social Preferences 6: Bounded Rationality 7: Nudges and Choice Architecture 8: Financial Behaviour and Behavioural Finance 9: Behavioural Insights in Public Policy 10: The Future of Behavioural Economics Course Outcomes After completing the course, you will receive a diploma certificate and an academic transcript from Elearn college. Assessment Each unit concludes with a multiple-choice examination. This exercise will help you recall the major aspects covered in the unit and help you ensure that you have not missed anything important in the unit. The results are readily available, which will help you see your mistakes and look at the topic once again. If the result is satisfactory, it is a green light for you to proceed to the next chapter. Accreditation Elearn College is a registered Ed-tech company under the UK Register of Learning( Ref No:10062668). After completing a course, you will be able to download the certificate and the transcript of the course from the website. For the learners who require a hard copy of the certificate and transcript, we will post it for them for an additional charge.
About this Training Course The 3-day hands-on petroleum economics training course provides a comprehensive overview of the practices of exploration and development petroleum economics and its application in valuing oil and gas assets to aid corporate decisions. Participants will gain a thorough understanding of the principles of economic analysis as well as practical instruction in analytical techniques used in the industry. The participants will learn how to construct economic models, to include basic fiscal terms, production and cost profiles and project timing. The resulting model will provide insights of how the various inputs affect value. Example exercises will be used throughout the course. Training Objectives Upon completion of this course, participants will be able to: Understand and construct petroleum industry cash flow projections Calculate, understand and know how to apply economic indicators Learn and apply risk analysis to exploration and production investments Evaluate and model fiscal/PSC terms of countries worldwide Target Audience The following oil & gas company personnel will benefit from the knowledge shared in this course: Geologists Explorationists Reservoir Engineers Project Accountants Contract Negotiators Financial Analysts New Venture Planners Economists Course Level Basic or Foundation Intermediate Trainer Your expert trainer has over 40 years' experience as a petroleum economist in the upstream oil and gas industry. He has presented over 230 oil and gas industry short courses worldwide on petroleum economics, risk, production sharing contracts (PSC) and fiscal analysis. In over 120 international oil industry consulting assignments, he has advised companies and governments in the Asia Pacific region on petroleum PSC and fiscal terms. He has prepared many independent valuations of petroleum properties and companies for acquisition and sale, as well as economics research reports on the oil and gas industry and including commercial support for oil field operations and investments worldwide. He has been involved in projects on petroleum royalties, design of petroleum fiscal terms, divestment of petroleum assets, and economic evaluation of assets and discoveries since the early 1990s to date. He has been working on training, consultancy, research and also advisory works in many countries including USA, UK, Denmark, Switzerland, Australia, New Zealand, Indonesia, India, Iran, Malaysia, Thailand, Vietnam, Brunei, Egypt, Libya, and South Africa. POST TRAINING COACHING SUPPORT (OPTIONAL) To further optimise your learning experience from our courses, we also offer individualized 'One to One' coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster. Request for further information post training support and fees applicable Accreditions And Affliations
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When a government raises taxes on cigarettes, the price of cigarettes increases, and people may decide to smoke less, leading to a decrease in the demand for cigarettes. Learning outcomes: Understand the basic principles of economics and its relevance to daily life decisions. Comprehend the circular flow model and the market system. Analyse the concepts of supply, demand, and pricing mechanisms. Evaluate the concept of elasticity and how it affects market behaviour. Recognize market failures and the role of government intervention in correcting market failures. Understand the factors that affect economic growth, including measuring GDP, unemployment, inflation, and income distribution. Explain the role of fiscal policy in macroeconomic stabilization. The Economics course covers the basic principles of economics and its relevance to daily life decisions. The course is designed to provide a comprehensive understanding of the circular flow model and the market system, including supply, demand, pricing mechanisms, elasticity, market failures, and government intervention. The course also explores topics such as production and costs, market structures, money, banking, and the financial system, measuring GDP, unemployment, inflation, income distribution, and poverty. Additionally, students will learn about international finance and fiscal policy. The course is suitable for anyone who wants to understand how the economy works, including its mechanisms and policies. It is also ideal for those who wish to pursue a career in economics or related fields. Certification Upon completion of the course, learners can obtain a certificate as proof of their achievement. You can receive a £4.99 PDF Certificate sent via email, a £9.99 Printed Hardcopy Certificate for delivery in the UK, or a £19.99 Printed Hardcopy Certificate for international delivery. Each option depends on individual preferences and locations. CPD 10 CPD hours / points Accredited by CPD Quality Standards Who is this course for? Students interested in pursuing a degree in economics or related fields. Professionals seeking to deepen their knowledge of economic principles. Individuals interested in understanding the economic issues affecting their daily lives. Anyone who wants to broaden their understanding of how the economy works. Career path Economist: £25,000 - £100,000 per year Financial analyst: £25,000 - £70,000 per year Management consultant: £30,000 - £80,000 per year Government policy advisor: £25,000 - £70,000 per year Investment banker: £35,000 - £100,000 per year Research analyst: £20,000 - £50,000 per year
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Level 3 QLS Endorsed Course | Endorsed Certificate Included | Plus 5 Career Guided Courses | CPD Accredited
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Module 05: The Health Minister's Dilemma Module 06: Exploring the Relationship Between Health Economics (HE) and Health Technology Assessment (HTA) Module 07: Economic Evaluation Module 08: Health Insurance How is the Bundle Assessment Process? We offer an integrated assessment framework to make the process of evaluation and accreditation for learners easier. You have to complete the assignment questions given at the end of the course and score a minimum of 60% to pass each exam. Our expert trainers will assess your assignment and give you feedback after you submit the assignment. You will be entitled to claim a certificate endorsed by the Quality Licence Scheme after you have completed all of the Certificate in Health Economics and Health Technology Assessment Training at QLS Level 3 exams. CPD 220 CPD hours / points Accredited by CPD Quality Standards Who is this course for? 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Overview This comprehensive course on Health Economics and Health Technology will deepen your understanding on this topic. After successful completion of this course you can acquire the required skills in this sector. This Health Economics and Health Technology comes with accredited certification from CPD, which will enhance your CV and make you worthy in the job market. So enrol in this course today to fast track your career ladder. How will I get my certificate? You may have to take a quiz or a written test online during or after the course. After successfully completing the course, you will be eligible for the certificate. Who is This course for? There is no experience or previous qualifications required for enrolment on this Health Economics and Health Technology. It is available to all students, of all academic backgrounds. Requirements Our Health Economics and Health Technology is fully compatible with PC's, Mac's, Laptop, Tablet and Smartphone devices. This course has been designed to be fully compatible with tablets and smartphones so you can access your course on Wi-Fi, 3G or 4G. There is no time limit for completing this course, it can be studied in your own time at your own pace. Career Path Learning this new skill will help you to advance in your career. It will diversify your job options and help you develop new techniques to keep up with the fast-changing world. This skillset will help you to- Open doors of opportunities Increase your adaptability Keep you relevant Boost confidence And much more! Course Curriculum 9 sections • 9 lectures • 02:31:00 total length •Introduction to Health Economics and Health Technology Assessment: 00:18:00 •Basic Economic and Technological Concepts: 00:26:00 •What is Health Economics?: 00:14:00 •What is Health Technology Assessment ?: 00:23:00 •The Health Minister's Dilemma: 00:13:00 •Exploring the Relationship Between Health Economics (HE) and Health Technology Assessment (HTA): 00:22:00 •Economic Evaluation: 00:16:00 •Health Insurance: 00:19:00 •Assignment - Health Economics and Health Technology: 00:00:00