ECON 4660 - Behavioral Economics

(SSC-AS) (SBA-AG)

Fall or Spring. 4 credits. Letter grades only.

Prerequisite: ECON 3030 or equivalent.

T. O’Donoghue.

This course introduces students to behavioral economics, a subfield of economics that incorporates insights from psychology and other social sciences into economics. The course reviews some of the standard assumptions made in economics, and examines evidence on how human behavior systematically departs from these assumptions. The course then investigates alternative models of human decision making, and assesses to what extent these alternative models help improve economic analyses.