USQ LogoCourse specification
The current and official versions of the course specifications are available on the web at //www.usq.edu.au/course/specification/current.
Please consult the web for updates that may occur during the year.

ECO3020 Behavioural Economics

Units : 1
Faculty or Section : Faculty of Business, Education, Law and Arts
School or Department : School of Commerce
Student contribution band : Band 3
ASCED code : 091901 - Economics

Requisites

Pre-requisite: ECO1000

Other requisites

Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at //www.usq.edu.au/current-students/support/computing/hardware.

Synopsis

The course outlines the orthodox treatments of choice and choice under risk and uncertainty. Evidence, both laboratory and field, that documents the ways in which human behaviour diverges from the predictions of this orthodox treatment is presented and critiqued. The most prominent alternative models are introduced and the strengths and weaknesses of these models are assessed with reference to orthodox models. The ways in which behavioural models may inform business decisions and strategy are explored in several common business contexts.

Course offers

Semester Mode Campus
Semester 1, 2016 External