ECON 418 - Behavioral Economics

Drawing on methods from psychology, sociology, neurology, and economics, this course sheds light on one of the most fundamental human activities: decision-making. In Behavioral Economics students will learn about the theories and methods that help us understand and explain economic choices that we all make every day. Topics include loss aversion, impulsiveness, notions of fairness and trust, cognitive dissonance, overconfidence, anchoring, framing, conformity, and intrinsic motivation.

Unit(s): 1
Group Distribution Requirement(s): Distribution Group II
Prerequisite(s): ECON 201 and ECON 313
Instructional Method: Lecture-conference
Grading Mode: Letter grading (A-F)
Group Distribution Learning Outcome(s):

Evaluate data and/or sources.
Analyze institutions, formations, languages, structures, or processes, whether social, political, religious, economic, cultural, intellectual or other.
Think in sophisticated ways about causation, social and/or historical change, human cognition, or the relationship between individuals and society, or engage with social, political, religious or economic theory in other areas.