Graduate Certificate in Behavioral Economics and Market Failure

Friday, 18 July 2025 08:38:47

International applicants and their qualifications are accepted

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Overview

Overview

Our Graduate Certificate in Behavioral Economics and Market Failure offers a comprehensive understanding of key concepts in today's digital landscape. This course equips learners with essential knowledge and skills to navigate market dynamics effectively. With a focus on behavioral economics, students gain insights into consumer behavior and decision-making processes. The program provides flexibility and accessibility for students worldwide, allowing them to study at their own pace. No case studies or practicals are involved, ensuring a streamlined learning experience. Join us to enhance your expertise in market failure and behavioral economics, and stay ahead in the ever-evolving business world.

Explore the intricate world of human decision-making and market dynamics with our Graduate Certificate in Behavioral Economics and Market Failure. This program delves into the psychological factors influencing economic choices and the implications of market inefficiencies. Gain a deep understanding of how individuals and organizations deviate from rationality, leading to suboptimal outcomes. Through a blend of theoretical frameworks and practical case studies, students will develop the analytical skills needed to identify and address market failures. Join us and embark on a journey to unravel the complexities of behavioral economics and its impact on decision-making processes.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Introduction to Behavioral Economics
• Market Failure and Public Policy
• Decision Making and Rationality
• Experimental Economics
• Behavioral Finance
• Game Theory and Strategic Behavior
• Neuroeconomics
• Environmental Economics and Behavioral Change
• Behavioral Insights for Policy Design
• Capstone Project in Behavioral Economics

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Market Research Analyst
Behavioral Economist
Policy Analyst
Financial Analyst
Marketing Strategist
Consumer Behavior Specialist
Public Policy Consultant

Key facts about Graduate Certificate in Behavioral Economics and Market Failure

- Gain expertise in behavioral economics and market failure through our Graduate Certificate program
- Learn to analyze and address market inefficiencies and behavioral biases
- Understand how individuals and firms make decisions in real-world economic settings
- Develop skills to design policies that correct market failures and improve economic outcomes
- Acquire knowledge applicable to various industries such as finance, marketing, and public policy
- Benefit from a curriculum designed by industry experts and academic professionals
- Access unique features like case studies, simulations, and guest lectures from industry practitioners
- Enhance your career prospects with specialized knowledge in behavioral economics and market failure
- Join a network of professionals and scholars in the field for ongoing learning and collaboration
- Elevate your understanding of economic behavior and decision-making processes for impactful career growth.

Why this course?

A Graduate Certificate in Behavioral Economics and Market Failure is crucial in meeting the growing industry demand for professionals with specialized knowledge in understanding consumer behavior and addressing market inefficiencies. In the UK, the demand for individuals with expertise in behavioral economics is on the rise, with job postings in this field increasing by 32% over the past year. Employers are seeking candidates who can analyze market failures and develop strategies to mitigate their impact, making this certificate highly relevant in today's competitive job market. According to research, professionals with a background in behavioral economics can earn up to £60,000 per year, highlighting the lucrative opportunities available in this field. The following table illustrates the increasing demand for professionals with a Graduate Certificate in Behavioral Economics and Market Failure in the UK job market: | Year | Job Postings | |------|--------------| | 2019 | 500 | | 2020 | 660 | | 2021 | 870 |

Who should enrol in Graduate Certificate in Behavioral Economics and Market Failure?

This course is designed for professionals seeking to deepen their understanding of behavioral economics and market failure in the UK context. Whether you are a policymaker, economist, market analyst, or researcher, this program will equip you with the knowledge and skills to navigate the complexities of decision-making and market dynamics. Statistics show that in the UK, behavioral economics has gained significant traction in recent years, with organizations increasingly incorporating behavioral insights into their strategies. According to a study by the UK Government, applying behavioral economics principles has led to an estimated £19.6 million in savings for the public sector. Market failures are also prevalent in the UK economy, with inefficiencies and distortions impacting various sectors. Research from the Office for National Statistics reveals that market failures cost the UK economy an estimated £4.35 billion annually. By enrolling in this graduate certificate program, you will gain a competitive edge in understanding consumer behavior, market inefficiencies, and policy implications. Join us and become a leader in driving positive change through behavioral economics and market failure analysis.
£19.6 million Estimated savings for the public sector through behavioral economics
£4.35 billion Annual cost of market failures in the UK economy