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Study postgraduate online with University of Tasmania through Open Universities Australia. Explore all degrees, subjects and short courses now.

Policy making in business, public and NGO sectors is about a single issue - human behaviour: How to understand, predict and nudge people for better outcomes for society and the economy. The last 50 years have seen unprecedented progress in behavioural insights, the science of how people choose. All major organisations are now harnessing the fruits of this &#39;behavioural revolution&#39; (E&amp;Y).The Graduate Certificate in Behavioural Insights will provide you with the cutting edge of behavioural science applied to public policy, finance, managing organisations and consumer behaviour. In addition, you&#39;ll be able to apply behavioural science to practical contexts including formulating human-centric policy, designing behaviour nudge interventions and conducting A/B experimental trials. Our behavioural science specialists will guide you through the application of the latest insights from behavioural economics, psychology and cognitive science. The certificate will enable you to make the game-changing decisions that public and private organisations around the globe are already making.The UK&#39;s Behavioural Insights Unit raised tax compliance by 6% by adding a single statement to the standard tax demand letter. Based on a single ad display experiment, Bing increased revenue by 12% annually. Companies that implement behavioural insights principles outperform their peers by 85% in sales growth (Gallup).

Explore the factors that influence people’s choices in the business world. You’ll study behavioural economics, behavioural finance, and consumer decision-making. Apply your knowledge to make strategic nudges towards your desired outcomes.

Graduate Certificate in Behavioural Insights

Sustainability, Climate Change and Economics

Why Money Matters

Introductory Economics

Principles of Economics

The Digital Economy

Climate Change Economics and Policy

Politics, Philosophy and Economics

Principles of Environmental and Resource Economics

Energy Economics and Policy

Economic Issues and Public Policy

This subject provides managers with an introduction to a comprehensive range of key microeconomic and macroeconomic topics. The emphasis is on the practical application of basic economic concepts and models to real world business oriented problems. The subject will develop your ability to apply the economic way of thinking to solving problems within a firm understanding of the economic environment in which they operate.

Economics for Managers

The objective of this subject is to provide a basic understanding of contemporary issues in maritime economics from the managerial perspective. The main focus is on economic relationships and policies concerning ship owners, shippers, policy makers and other stakeholders in the maritime industry.

Maritime Economics for Managers

Digital disruptions such as the sharing economy have caused major disruptions for the tourism industry – both positive and negative. Platforms such as Airbnb and Uber, plus Airtasker, UberEats and HomeAway, have transformed the way tourists travel, the way that purchases are made, the way in which employees are hired, the way in which the industry is regulated and ultimately the way in which tourism as an industry is regarded by communities. Further disruptions such as big data have challenged norms of research, the ethics of collecting data and have ultimately challenged our understanding of how the tourism industry works. In this subject, you will tackle these issues by exploring the reasons for the rise of disruptive innovations such as the sharing economy. You will assess positive and negative impacts, from a diverse range of perspectives including those of consumers, tourism operators, the tourism industry and policy makers.

The Sharing Economy and Disruptive Innovations

The purpose of the subject is to build an applied understanding of the psychological biases which influence financial decision-making. The behavioural finance perspective of decision-making is contrasted with more traditional finance perspectives. This enables a unique interpretation of market anomalies and asset pricing bubbles. The applications of the subject are across corporate finance and investment management.

Behavioural Finance

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.

Behavioural Economics

This subject examines the theories and frequently used techniques of economics, financial and managerial accounting in healthcare organisations. Public and private funding issues will be examined across the acute, primary and aged care sectors. Students will apply this knowledge to determine cost efficient and effective decision making, taking into account safety, quality, resource considerations and principles of value-based healthcare, in general. Students will investigate critical topics and approaches, including funding models; supply and demand factors; economic evaluations, financial statements and working capital cycle; budgeting approaches and key performance indicators; and long-term investments. Students will have opportunities to hear from experts across Australia and participate in industry relevant studies and analysis.

Health Finance, Economics and Accounting

University of Tasmania Postgraduate Economics Courses & Degrees | Open Universities Australia

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