Behavioural and Evolutionary Economics (ECON2060)
Information valid for Semester 1, 2020
Course level
Undergraduate
Faculty
School
Economics School
Units
2
Duration
One Semester
Delivery mode
Internal
Class hours
2 Lecture hours
2 Tutorial hours
Incompatible
ECON2400
Prerequisite
ECON1010 or 1011
Recommended prerequisite
ECON1020 or 1100
Course enquiries
Current course offerings
Course offerings | Location | Mode | Course Profile |
Semester 1, 2025 (24/02/2025 - 21/06/2025) | St Lucia | In Person | Course Profile |
Please Note: Course profiles marked as not available may still be in development.
Course description
Examines approaches to economics of consumers and firms based upon applications of psychology and studies of actual behaviour in complex, uncertain and rapidly changing environments. Examines the policy implications of these contributions and includes coverage of recent work on the economics of happiness. The significance of behavioural economics was acknowledged by Nobel Prizes awarded to Herbert Simon (1978) and Daniel Kahneman (2002) and it has become widely taught in the past decade. The unit will be taught in a way that aims to develop critical thinking skills rather than focusing on mathematical techniques.