Master of Behavioural Economics
DURATION
0 Years
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
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EARLIEST START DATE
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TUITION FEES
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STUDY FORMAT
On-Campus
* in AUD per 24cp session
Introduction
Its uniqueness lies in the practical application of conceptual frameworks to real-world scenarios across the domains outlined above. They acquire skills in behavioural analysis, causal inference, trial design and the ethical dimensions of behavioural interventions. The course culminates in a project either as independent research or as a consulting task for a real organisation. Engage in interactive learning through a blend of lectures, case studies and project work, preparing them for leadership roles in behavioural units and beyond.
The course aims to provide students with an in-depth understanding of how individuals make economic decisions and how psychological factors can influence those decisions and better explain real-world economic behaviours.
Career options include working as behavioural economics practitioners in industry or government.
Ideal Students
This course is designed to train a well-rounded behavioural economist to take leading positions in behavioural units or other relevant professions (e.g. consultancy, management, marketing).
Curriculum
At a fundamental level, students learn about the key aspects of human behaviour relevant to economic decisions: heuristics and biases in individual decision making and their implications in strategic interactions. Students are taught how to use these insights in experiments in order for them to be able to create new knowledge about human behaviour in the specific context they will face (e.g. customers in a given industry).
They are trained to understand modern approaches in data science and how they can be used to study and understand human behaviour. This understanding allows them to analyse a wide range of situations and behaviours in different decision-making environments. Students are given the opportunity to apply behavioural economics concepts in different decision-making environments, including financial decision making, health, education, and the environment. The Master includes substantial hands-on training where students have to develop their own research project either oriented to a general question or to an applied question, working for an actual industry or government organisation.
Career Opportunities
Career options include management-level positions in industry or government.