ECON2013 Behavioural Economics: Psychology and Economics

Later Year Course

Offered By	School of Economics
Academic Career	Undergraduate
Course Subject	Economics
Offered in	Second Semester, 2011 and Second Semester, 2012
Unit Value	6 units
Course Description	This course aims to expose students to the area of behavioural economics and compare and contrast its approaches to those of traditional neoclassical economics.
Learning Outcomes	To develop skills to apply effectively the theories of behavioural economics to current debates; understand and be able to explain research in behavioural economics; To assist students to gain proficiency i aspects of decision-making under uncertainty; theories of learning and knowledge; simple applied game theory; To develop in students an appreciation of the debates on rationality, knowledge and equilibrium in microeconomics; the role of equity considerations in microeconomics; the application of behavioural economics ideas to practical situations, both to explain observations and to suggest policy improvements.
Indicative Assessment	The assessment for this course will comprise a number of graded problem sets, a midterm examination and a final exam.
Areas of Interest	Economics, Management, and Psychology
Requisite Statement	ECON1101 Microeconomics 1 or ECON1100 Economics 1 (H).
Other Information	For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON2013

The information published on the Study at ANU 2011 website applies to the 2011 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2010 website.