This module is designed as an introduction to Behavioural Economics. Behavioural Economics has been one of the fastest growing areas in Economics in recent years with wide-reaching impact beyond academia.
This module is designed as an introduction to Behavioural Economics which studies the relationship between psychology and economics. In this module we will focus on individual decision making. Students will study the circumstances under which classical theory does not serve as a good predictor of empirically observed behaviour and how behavioural economics can reconcile these empirical findings with theoretical models. Students will learn the most important empirical and theoretical findings of behavioural economics for individual decisions.
While theoretical concepts and models will play an important role in the course, much of the material will focus on empirical and specifically experimental results and many of the readings will reflect this.
Feedback for this module will occur through class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution; answers that will be posted on the website for the module that will give you written guidance on the appropriate method to approach the problems, assignments, and tests; and office hours where any additional questions can be addressed. You should be sure that you use these methods to understand how to improve your own performance.
- Module Supervisor: Ahrash Dianat