Behavioural and Experimental Economics
UndergraduateTAS-BEA2032025
Enrol today with instant approval and no entry requirements
- Study method
- 100% online
- Assessments
- 100% online
- Enrol by
- 13 July 2025
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 14 weeks
- Start dates
- 21 July 2025
- Price from
- $2,726
- Upfront cost
- $0
- Loan available
- HECS-HELP and FEE-HELP available
Behavioural and Experimental Economics
About this subject
Upon completion of this subject, the student should be able to:
- Describe experimental economics and explain its role and scope in economics in general and behavioural economics in particular.
- Analyse and evaluate the advantages and disadvantages of the experimental method, and its appropriateness to study different economic issues.
- Test and evaluate behavioural economics interventions aimed at addressing industry and policy challenges.
- Principles: Revisiting behavioural economics
- Methods: Introduction to experimental economics
- Methods: Experimental economics 1 - Design
- Methods: Experimental economics 2 – Implementation
- Methods: Experimental economics 3 – Planning, conducting sessions and analysing data
- Methods: Neuroeconomics
- Methods: Field experiments
- Applications: Development economics
- Applications: Environmental economics
- Applications: Public and welfare economics
- Applications: Industrial organisation
- Applications: Labour economics
- Applications: Financial economics
Behavioural economics draws on insights and methods from psychology to better understand economic and business decisions. It takes economics beyond the traditional assumption of instrumental rationality, developing theories that more accurately explain and predict economic behaviour. Economic experiments are the main tool used by behavioural economists to test such theories and to investigate the underlying causes of individual and group decisions. This subject provides a hands-on coverage of experimental economics, its methods (including randomised controlled trials) and its real-world applications. It develops knowledge on how to design and conduct economic experiments as well as applying experimental economics to evaluate newly designed business strategies, public policies or nudge interventions.
- Mid-Semester Test (20%)
- Assignment (50%)
- Reflection (30%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
No entry requirements
Additional requirements
- Other requirements - Teaching Arrangement: 2-hour workshop each two weeks
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.
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What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
Bachelor of Business and Bachelor of Economics
UndergraduateTAS-BEC-DEG
UndergraduateTAS-ECO-DEG
Bachelor of Psychological Science and Bachelor of Economics
UndergraduateTAS-PEC-DEG
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