Handbook

This course exposes students to the possibilities for welfare gains available through the thoughtful application of insights from behavioural economics to adjust incentives in a variety of real-world settings.  The study of applications will be preceded and motivated through a consideration of the gaps in mainstream economic theory and the developing ways that behavioural economics attempts to fill these gaps.  Through a combination of exploring frontier behavioural economics theory and working through case studies of the application of behavioural economics to a series of real-world policy interventions in Australia and abroad, students will gain an understanding of the power of theoretically-grounded behavioural economics insights to enhance traditional economic understanding and improve the stewardship of modern economies.