Decision Making in a Complex and Uncertain World

Online Course

University of Groningen

Future Learn

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Decision Making in a Complex and Uncertain World

What is the course about?
Prerequisites & Facts
Cost, Certificate & Degree
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What is the course about?

Decision Making in a Complex and Uncertain World

The course Decision Making in a Complex and Uncertain World is an online class provided by University of Groningen through Future Learn. It may be possible to receive a verified certification or use the course to prepare for a degree.

This course will teach you the first principles of complexity, uncertainty and how to make decisions in a complex world.

Course description

To learn how complexity and uncertainty influence and constrain our decisions.
7 weeks

Our world seems to ever become more complex and uncertain. Future leaders must be able to act under these conditions. This course provides you with the broad scientific background necessary to develop yourself into one of the future’s key decision makers. First, this course will address the core concepts of complexity and uncertainty. Next, guest lecturers will related sub-fields. Finally, relating this all back together in case studies about financial stability and city development will conclude the course.

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

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

Anyone who needs to make decisions in a complex and uncertain context (e.g. managers and project coordinators). The course will be taught at undergraduate level. Basic knowledge of economic, financial institutions, mathematics and logic will be helpful.

University of Groningen
The University of Groningen is a research university with a global outlook, deeply rooted in Groningen, in the north of the Netherlands.

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Prerequisites & Facts

Decision Making in a Complex and Uncertain World

Course Topic

Business & Management, Entrepreneurship, Management & Leadership, Professional Development

University, College, Institution

University of Groningen

Course Skill Level

see course summary

Course Language

English

Place of class

Online, self-paced (see curriculum for more information)

Degree

Certificate

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Degree & Cost

Decision Making in a Complex and Uncertain World

To obtain a verified certificate from Future Learn / University of Groningen you have to finish this course or the latest version of it, if there is a new edition. The class may be free of charge, but there could be some cost to receive a verified certificate or to access the learning materials. The specifics of the course may have been changed, please consult the provider to get the latest quotes and news.

University of Groningen

Decision Making in a Complex and Uncertain World

provided by Future Learn

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