Behavioural Economics
PostgraduateTAS-BEA7072024
Course information for 2024 intake View information for 2025 course intake
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- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Behavioural Economics
About this subject
Upon completion of this subject, the student should be able to:
- 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.
- Module 1: Rational Choice
- Module 2: Behavioural Science
- Module 3: Decision Processes
- Module 4: Human Behaviour
- Module 5: Decision Bias
- Module 6: Social Influence
- Module 7: Nudging and Boosting
- Module 8: Managing People
- Module 9: Behavioural Research
- Module 10: Measurement
- Module 11: Experimentation
- Module 12: Data
This subject 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 subject 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.
- Tests (30%)
- Analytical Assignment (40%)
- Reflective Assignment (30%)
For textbook details check your university's handbook, website or learning management system (LMS).
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- 19
Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-BHI-GCE-2024 - Graduate Certificate in Behavioural Insights
Elective
- TAS-FIN-MAS-2024 - Master of Finance
Additional requirements
- Other requirements - Teaching Arrangement: Pre-recorded lectures 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 (via Zoom), 4 blocks of 3-hour workshops, 180 minutes per workshop.
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Graduate Certificate in Behavioural Insights
PostgraduateTAS-BHI-GCE
PostgraduateTAS-FIN-MAS