Lisa Farrell

Professor Lisa Farrell

Professor

Details

  • College: Economics Finance & Marketing
  • Department: Economics Finance & Marketing
  • Campus: City Campus Australia
  • lisa.farrell@rmit.edu.au

Open to

  • Media enquiries
  • Masters Research or PhD student supervision

About

Lisa is passionate about the application of economics to enhance societal wellbeing and understanding vulnerability.

Lisa’s research field is on the general area of applied microeconomics. Her work has a strong focus on aspects of behaviour that involve the consumption of risky products, in particular, gambling, smoking and alcohol consumption. Her work has spanned both the theoretical and micro-econometric aspects social and economic inclusion and the academic impact of this work is clear from the important contributions she has made leading to publications in high quality international journals. Lisa endeavours to communicate her findings to the broadest audience possible and her work has been published in leading economics, statistical and public health journals. These include the American Economic Review, The Journal of the Royal Statistical Society, Series A, and Social science and Medicine, among others. Her work has a strong welfare and wellbeing focus, helping to strengthen social and economic inclusion through clear policy recommendations.

Media

Academic positions

  • RMIT FOR15 Impact Case Study for ERA 2018
  • VicHealth
  • , Australia
  • 2018 – Present

Supervisor projects

  • Air Pollution, Socioeconomic Status, and Hospital Emergency Visits: An Empirical Analysis in Victoria, Australia
  • 19 Feb 2024
  • Savings Behavior, Risk Taking and Energy Poverty
  • 12 Oct 2023
  • The Effect of U.S. Shale Gas on Current World Energy Flow
  • 4 Feb 2021
  • Impact of Temperature Variations on Human Behaviour and Cognition
  • 27 Jan 2021
  • Digital Self-Marketing Strategies of Australian-Based Academics
  • 10 Sep 2019
  • Family Identity in the Face of Chronic Illness
  • 2 Mar 2015
  • Parents' Mental Health: Analysing the Role of Time Use and Becoming a Parent Using Australian Data
  • 12 Aug 2014

Teaching interests

Supervisor interest areas:
-Health economics
-Subjective wellbeing
-Consumption patterns and behaviours
-Lifestyle choices

Supervisor projects:
Lisa is an effective Higher Degree by Research supervisor and has supervised many Honours students. She has also supervised mulitple PhD students to completion. She encourages her students to obtain scholarships and win awards. For example, Katie Belle (Honours University of Melbourne) won the Meredith Edwards Award from the Australian Economics Society. This is a national award given to the best essay from a female student. Claire Finn (PhD UCD) won an Endeavor Award from the Australian Department for Education, Science and Training and Eibhlin Hubson, (PhD UCD) won a national Irish Humanities and Social Science Research Council scholarship.

Current students are working in the field of:
-Pollution and health outcomes
-Energy economics
-Cultural, Social and Political Effects of International Migration
-Economics and health outcomes of refugees
-The economic and social effects of weather shocks on households

Lisa teaching courses in the following programs.

Programs:
-BH064 - Bachelor of Business (Honours)
(https://www.rmit.edu.au/study-with-us/business)
-MC194 - Masters of Professional Accounting
(https://www.rmit.edu.au/study-with-us/business/accounting)
-MC260 - Masters of Professional Accounting (CPA extension)
(https://www.rmit.edu.au/study-with-us/business/accounting)

Research interests

Lisa's research interests lie in Applied Microeconomics, with a particular focus on important contemporary social policy issues such as decision making under risk and uncertainty, and health behaviours. Much of her published research to date has focused on the microeconomic modelling of individual behaviour, utilising a discrete choice modelling framework and panel data techniques. Topics she has worked on include Consumer Behaviour, Health Behaviours and Behavioural Economics/ Economic Psychology.

Research keywords:
Subjective Wellbeing, Health Economics, Economic Psychology, Societal Economics, Economics of Gambling, Economics of Lifestyle Choices and Risky Behaviours
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Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Sentient' by Hollie Johnson, Gunaikurnai and Monero Ngarigo.