University of Technology Sydney
Graduate Certificate in Behavioural Economics
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 12 months
- Course Type: Graduate Certificate
The course aims to provide students with a foundational understanding of how individuals make economic decisions and how psychological factors can influence those decisions and better explain real-world economic behaviours.
Course overview
Targeted at professionals seeking to integrate behavioural economics into their expertise, this course equips them with a robust understanding of behavioural principles and applications. Stand out by mastering both traditional economic theory and behavioural models, gaining insights into decision-making heuristics and biases.
Students acquire practical skills in applied behavioural science, including causal inference and trial design, enhancing their ability to apply these concepts in their current role or the oversight of behavioural science teams. Engage in active learning through a blend of theoretical and hands-on approaches, preparing them to make informed, strategic decisions in their professional environment.
Key facts
What you will study
The course comprises 24 credit points, made up of eight compulsory subjects (three credit points each).
- Behavioural Decision Making
- Behavioural Game Theory
- Behavioural Approach to Investment and Insurance Decisions
- Statistical Foundations for Economics and Business
- Rationality and Incentives
- Game Theory and Strategic Decision Making
- Principles of Causal Inference
- Trial Design
Entry requirements
To be eligible for admission to this course, applicants must have the following:
- Completed Australian bachelor's degree or higher qualification, or overseas equivalent.
- A minimum of four years full-time, or equivalent part-time, relevant post-secondary professional experience and a general capacity to undertake tertiary education.
Relevant professional experience refers to any current work experience in which you have developed skills, knowledge and competencies directly related to the course for which you are applying. This includes roles such as managers, professionals, technicians, community, personal service, clerical, administrative, or sales workers across various industries.
Supporting documentation to be submitted with the application
For applicants who need to demonstrate work experience:
- Curriculum vitae and Statement of Service in one of the following formats:
- A 'Statement of Service' provided by the employer.
- A completed 'UTS Statement of Service’ signed by the employer.
- A statutory declaration confirming work experience (for Australian residents only).
- An official letter from the applicant’s accountant or solicitor on their company letterhead confirming the applicant’s work experience or engagement with the business, duration of operations and the nature of the business.
- A business certificate of registration in original language and English (e.g. provision of ASIC documentation or ABN or similar documentation for Australian businesses).
English language requirements
The English proficiency requirement for local applicants with international qualifications is:
- IELTS Academic: 6.5 overall with a writing score of 6.0
- TOEFL iBT: 79-93 overall with a writing score of 21
- AE5: Pass; or PTE: 58-64 with a writing score of 50
- C1A/C2P: 176-184 with a writing score of 169
Eligibility for admission does not guarantee the offer of a place.
Recognition of Prior Learning
There is no Recognition of Prior Learning available for this course.
Outcomes
Career outcomes
Career options include positions in consulting, policy development, product design and consumer experience.
Learning outcomes
- Develop options to address identified behavioural economic factors in business problems.
- Convey information clearly and fluently in written and verbal form appropriate for the problem, data and stakeholders.
- Interact with colleagues and stakeholders to work effectively towards agreed outcomes.
- Explain principles of equity, effectiveness, efficiency and sustainability as well as Indigenous values relating to professional practice in Behavioural Economics.
- Apply theoretical and empirical research with quantitative and qualitative expertise in Behavioural Economics to lead professional practice.
Fees and FEE-HELP
Estimated tuition fee per session in 2025: $19,450 (domestic full-fee paying place)
The estimated fee is calculated based on a study load of 24 credit points per session.
Tuition fees are charged:
- Based on the particular course in which you are enrolled.
- Based on the number of credit points in which you are enrolled.
- At the rates set for the current year and revised annually.
In addition to tuition fees, students are required to pay a Services and Amenities Fee (SSAF). The purchase of textbooks and other course materials may also result in additional costs.
Student fees shown are subject to change. Contact the university directly to confirm.
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.