Behavioural Economics unit (MBE712)

Introduction

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.

Summary

Unit name	Behavioural Economics
Unit code	MBE712
Credit points	12.5
College/School	Tasmanian School of Business and Economics
Discipline	Economics
Coordinator	Doctor Terri Simpkin
Delivered By	University of Tasmania
Level	Postgraduate

Learning Outcomes

• 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

Fee Information

Field of Education	Commencing Student Contribution 1,3	Grandfathered Student Contribution 1,3	Approved Pathway Course Student Contribution 2,3	Domestic Full Fee 4
			not applicable

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.

If you have any questions in relation to the fees, please contact UniConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Requisites

Mutual Exclusions

You cannot enrol in this unit as well as the following:

BEA707

Teaching

Assessment	Reflective Assignment (30%)|Tests (30%)|Analytical Assignment (40%)
Timetable	View the lecture timetable | View the full unit timetable

Textbooks

Required	Required readings will be listed in the unit outline prior to the start of classes.

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.