MAE215 - Behavioural Economics for Business and Policy
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Prerequisite: | MAE101 |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Study commitment | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
| Scheduled learning activities - campus | 1 x 1.5 hour on-campus lecture and 1 x 1.5 hour on campus seminar each week. |
| Scheduled learning activities - online | 1 x 1.5 hour lecture recording each week and 1 x 1.5 hour online seminar in weeks 4, 7 and 11 |
Content
This unit provides an introduction to behavioural economics, drawing insights from across the social sciences to provide recommendations and solutions to business and policy issues. Topics covered include nudges, choice architecture, framing effects and loss-aversion. Utilising cutting-edge insights from experimental research, government interventions, and business case studies, we explore how a well-grounded understanding of the nuances of human behaviour can promote better decision-making in areas such as health, finance and the environment.
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
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