Introduction to Behavioral Economics

Catalog description

This course provides an introduction to behavioral economics, exploring the intersection of psychology and economics to understand how real human behavior deviates from traditional economic models of rationality. Students will examine the cognitive biases, heuristics, and emotional factors that influence decision-making processes. Through theoretical discussions, empirical studies, and experimental tasks, the course aims to equip students with the tools to analyze and predict economic behavior more accurately, ultimately enhancing societal welfare.