Masterclass Certificate in Behavioral Economics: Cognitive Biases

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The Masterclass Certificate in Behavioral Economics: Cognitive Biases course is a comprehensive program designed to empower learners with the essential skills required in today's data-driven world. This course focuses on the behavioral economics aspect of decision-making, highlighting the role of cognitive biases in shaping our choices.

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AboutThisCourse

In an era where businesses increasingly rely on data-driven strategies, understanding behavioral economics and cognitive biases is crucial. This course provides learners with the knowledge and tools to analyze and predict consumer behavior, giving them a competitive edge in their careers. The course covers key topics such as heuristics, framing, loss aversion, and mental accounting, among others. Upon completion, learners will be equipped with the ability to identify and mitigate cognitive biases, make more informed decisions, and drive better outcomes for their organizations. With the growing demand for professionals who can leverage behavioral economics to drive business success, this course is an excellent investment in career advancement. By earning this certification, learners demonstrate their commitment to staying ahead of the curve and delivering value in the modern workplace.

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CourseDetails

โ€ข Introduction to Behavioral Economics and Cognitive Biases
โ€ข Heuristics and Biases: An Overview
โ€ข Confirmation Bias: How Prior Beliefs Influence Decision Making
โ€ข Loss Aversion: The Impact of Losses on Risk and Reward Perception
โ€ข Anchoring Bias: The Influence of Initial Information on Decision Making
โ€ข Availability Heuristic: Judgment Based on Immediate Examples
โ€ข Hindsight Bias: The Tendency to Overestimate Past Predictions
โ€ข The Endowment Effect: The Value of Possession and Reluctance to Part With It
โ€ข The Planning Fallacy: Overconfidence in Estimated Times of Completion
โ€ข Frame Dependence: How Decisions Vary Depending on Framing
โ€ข Overcoming Cognitive Biases in Everyday Life and Business

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  • ProficiencyEnglish
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FastTrack GBP £140
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  • ThreeFourHoursPerWeek
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StandardMode GBP £90
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  • TwoThreeHoursPerWeek
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MASTERCLASS CERTIFICATE IN BEHAVIORAL ECONOMICS: COGNITIVE BIASES
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London School of International Business (LSIB)
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05 May 2025
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