Hobart
Introduction
Traditional economics portrays decision making as rational deliberation that computes optimal choices based on well-defined objectives and perfect information. In reality, limited information and cognition as well as certain features of the human psychology often result in decisions that deviate from this assumption. Behavioural economics attempts to explain these deviations using insights and theories from the other social sciences, in particular psychology. This unit introduces students to this intersection of economics and psychology. Its aim is not to be mathematically or theoretically thorough. Rather, it focuses on developing a better understanding of how human psychology affects economic decisions and how such knowledge can be applied to real world business and policy issues, including to nudge.
Summary 2021
| Unit name | Introduction to Behavioural Economics |
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| Unit code | BEA106 |
| Credit points | 12.5 |
| Faculty/School | College of Business & Economics Tasmanian School of Business and Economics |
| Discipline | Economics |
| Coordinator | |
| Available as student elective? | Yes |
| Breadth Unit? | No |
Availability
Note
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* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Fees
Teaching
| Timetable | View the lecture timetable | View the full unit timetable |
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Textbooks
| Required | None |
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