University of Technology Sydney
Master of Behavioural Economics
- Delivery: Face to Face
- Study Level: Postgraduate
- Duration: 18 Months
- Course Type: Master's
This course gives students thorough training in behavioural economics. It is tailored to professionals wanting to apply behavioural frameworks to decision-making contexts such as household financial decisions, the health industry, corporate decisions and environmental problems.
Course overview
Its uniqueness lies in the practical application of conceptual frameworks to real-world scenarios across the domains outlined above. They acquire skills in behavioural analysis, causal inference, trial design and the ethical dimensions of behavioural interventions. The course culminates in a project either as independent research or as a consulting task for a real organisation. Engage in interactive learning through a blend of lectures, case studies and project work, preparing them for leadership roles in behavioural units and beyond.
Key facts
What you will study
The course totals 72 credit points and consists of a combination three and six credit points subjects (60 credit points) and 12 credit points of research or industry project. Each subject is valued at three CP unless otherwise indicated.
Complete all of the following subjects:
- Rationality and Incentives
- Game Theory and Strategic Decision Making
- Economics Foundations
- Behavioural Decision Making
- Behavioural Game Theory
- Mechanism Design
- Behavioural Approach to Investment and Insurance Decisions
- Statistical Foundations for Economics and Business
- Choice Architecture
- Principles of Causal Inference
- Trial Design
- Behavioural Economics and Ethics
- Behavioural Health Economics
- Behavioural Economics of Environment
- Data, Algorithms and Meaning
- Behavioural Economics and Corporate Decision Making
- Behavioural Economics Research
- Data Visualisation
Entry requirements
Applicants must have the following:
- Completed Australian bachelor's degree or higher qualification, or overseas equivalent, with more than 75% of all subjects completed at pass level (conceded pass not included).
Applicants who do not meet the criteria above should consider applying for the Graduate Certificate in Behavioural Economics.
English language requirements
The English proficiency requirement for international students or local applicants with international qualifications is:
- IELTS Academic: 6.5 overall with a writing score of 6.0.
- TOEFL iBT: 79-93 overall with a writing score of 21.
- AE5: Pass.
- PTE: 58-64 with a writing score of 50.
- C1A/C2P: 176-184 with a writing score of 169.
Eligibility for admission does not guarantee offer of a place.
Recognition of Prior Learning
Recognition of prior learning is generally not considered for this course.
Outcomes
Career outcomes
Career options include working as behavioural economics practitioners in industry or government.
Learning outcomes
- Develop novel solutions to address behavioural economic factors in business problems, including the methods to test and implement them.
- Convey information clearly and fluently in written, verbal and visual form appropriate for the problem, data and stakeholders.
- Collaborate and coordinate with members of a working group and interact with stakeholders to deliver effectively agreed outcomes.
- Lead ethical behavioural economic practices, applying the principles of equity, justice and sustainability.
- Synthesise the latest evidence in theoretical and empirical research with quantitative and qualitative expertise to lead behavioural economics practice.
- Critically reflect on the intersection between Indigenous Australian contexts and behavioural economics, to support ethical professional practice to work with and for Indigenous peoples and communities.
Fees and FEE-HELP
Estimated tuition fee per session in 2025: $19,450 (domestic full-fee paying place)
The estimated fee is calculated based on a study load of 24 credit points per session.
Tuition fees are charged:
- Based on the particular course in which you are enrolled.
- Based on the number of credit points in which you are enrolled.
- At the rates set for the current year and revised annually.
In addition to tuition fees, students are required to pay a Services and Amenities Fee (SSAF). The purchase of textbooks and other course materials may also result in additional costs.
Student fees shown are subject to change. Contact the university directly to confirm.
FEE-HELP loans are available to assist eligible full-fee paying domestic students with the cost of a university course.