What is Behavioural Economics?
Behavioural economics is the subfield of economics that applies insights about human decision-making as it departs from classical economic models to individual choices and business and policy scenarios. Behavioural economists are employed in consultancies, governments, and corporations worldwide to understand, model, and predict choices in complex settings. The increasing real-world relevance of behavioural economics is exemplified in the creation of BETA (Behavioural Economics Team in Australia) teams at the Commonwealth and state levels in Australia and similar teams in governments overseas. In this major you will take specific experimental and behavioural courses, and (optionally) courses drawn from other related disciplines, to craft a program of study to suit the applications of most interest to you.
Behavioural Economics as part of your Diploma
UNSW Diploma students learn the fundamentals required for their future studies in discipline-specific diploma courses that are equivalent to First Year undergraduate courses at UNSW Sydney.
The added support that diploma students receive will equip them with academic and English skills and ensure they are well prepared for their journey into Second Year at UNSW Sydney.