Certificate of Achievement
has completed the following course:
Decision Making in a Complex and Uncertain World
Leaders must be able to act in a complex world and under uncertainty. This course provided the learner with their first step towards becoming one of the future’s key decision makers, by enhancing decision-making skills through a thorough understanding of complexity and uncertainty. First, the theoretical concepts of complexity and uncertainty were explained. Afterwards, methods, tools and theories to navigate through the complex and uncertain world were explained.
7 weeks, 5 hours per week
Prof. dr. Lex Hoogduin
Professor of the Economics of Complexity and Uncertainty in Financial Markets and Financial Institutions
University of Groningen
Transcript
Learning outcomes
- Explain the difference between complex and complicated
- Explain the difference between risk and uncertainty
- Explain the following concepts: emergence, networks, evolutionary dynamics, social self-organisation and path dependence
- Experiment with complex systems in simple agent-based models.
- Apply the course concepts and tools to the social sciences of history, entrepreneurship, economics and spatial planning
- Debate how complexity and uncertainty influence human decision making and how you can counter these effects
Syllabus
- Complex Systems
- Fundamental Uncertainty
- Graph Theory and Networks
- Emergent Behaviour
- Agent-Based Modelling
- Evolutionary Dynamics
- Cellular Automata
- Self-Organization
- Path dependence and complexity in History
- Decision making under Uncertainty, Heuristics and Biases
- Entrepreneurship
- Financial Stability and Crises
- Growth and Development of Cities
Issued on 5th October 2016
The person named on this certificate has completed the activities in the transcript above. For more information about Certificates of Achievement and the effort required to become eligible, visit futurelearn.com/proof-of-learning/certificate-of-achievement.
This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.