Undergraduate TAS-BEA203-2023
Behavioural and Experimental Economics
$2,472 $0
Your upfront cost: $0
Duration
14 weeks
Study method
100% Online
Available loans
- HECS-HELP
- FEE-HELP
Assessments
100% online
Prior study
Not required
Start dates
- 10 Jul 2023
Australia’s fourth oldest university, the University of Tasmania, is highly regarded internationally for teaching and academic excellence. The university offers more than 100 undergraduate degrees and more than 50 postgraduate programs across a range of disciplines. The university offers students a diverse range of opportunities, the chance to learn from leading experts, and excellent preparation for their future careers.
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QS Ranking 2023
17
Times Higher Education Ranking 2023
22
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Subject details
Upon completion of this subject, the student should be able to:
- Demonstrate an understanding of the methodology of experimental economics, and its role and scope in economics in general and behavioural economics in particular.
- Critically analyse and evaluate the advantages and disadvantages of the experimental method, and its appropriateness to study different economic issues.
- Apply this method to test and evaluate behavioural economics interventions aimed at addressing industry and policy challenges.
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- Principles: Revisiting behavioural economics concepts
- Method: Experiment economics 1
- Method: Experiment economics 2
- Method: Experiment economics 3
- Method: Field experiments
- Method: Randomised controlled trials
- Method: Neuroeconomics
- Application: Development economics
- Application: Environmental economics
- Application: Public and welfare economics
- Application: Industrial organisation
- Application: Labour economics
- Application: Financial economics
No eligibility requirements
Additional requirements
No additional requirements
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.
- Test (20%)
- Assignment (50%)
- Reflection (30%)
For textbook details check your university's handbook, website or learning management system (LMS).