This unit provides you with an introduction to behavioural economics. Behavioural economics is a discipline at the intersection of economics and psychology that draws on insights and methods from the social sciences to understand better how people actually make decisions. The aim of this unit is not to be mathematically or theoretically thorough. Rather, it focuses on developing a better understanding of how human psychology affects our decisions and how such knowledge can be applied to real world business and policy issues, including to the nudge agenda. You will also be exposed to methods of enquiry used in behavioural economics, in particular, economic experiments and randomised controlled trials, their real-world applications and the insights they generate. You will develop knowledge and skills to design and conduct such experiments and trials as well as to evaluate newly designed business strategies, public policies and nudge interventions.
|Unit name||Behavioural Economics|
|College/School||College of Business & Economics
Tasmanian School of Business and Economics
|Coordinator||Professor Swee-Hoon Chuah|
|Delivered By||University of Tasmania|
|Location||Study period||Attendance options||Available to|
- International students
- Domestic students
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|Study Period||Start date||Census date||WW date||End date|
* 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 (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
- Explain and reflect on core concepts in behavioural economics and their impact on individual and group decision-making
- Analyse social and economic challenges in different contexts to propose behavioural solutions using behavioural economics concepts and theories
- Design interventions based on behavioural solutions, applying behavioural economics methods
- Communicate evidence-based behavioural solutions to different stakeholder groups
|Field of Education||Commencing Student Contribution 1,3||Grandfathered Student Contribution 1,3||Approved Pathway Course Student Contribution 2,3||Domestic Full Fee 4|
1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
Pre-recorded lectures provided online, 4 blocks of 3 lectures per block, up to 1.5 hours per lecture (3-4 videos of approx 20 minutes each)
Interactive workshops (Face to face and via zoom), 4 blocks of 3 hour workshops, 180 minutes per workshop
|Assessment||Reflective Assignment (30%)|Tests (30%)|Analytical Assignment (40%)|
|Timetable||View the lecture timetable | View the full unit timetable|
Required readings will be listed in the unit outline prior to the start of classes.
|Links||Booktopia textbook finder|
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