(in Polish) Behavioural economics 2400-ZEWW803
Course description (1000 characters max)
This course provides an overview of behavioral economics a relatively new field of economics. Behavioral economics looks to explain how individual actually behave and make choices in practice by combining psychology and economics and explain its irrational behavior. In this course, we will be looking at models with precisely formulated by relaxing traditional assumptions and incorporating descriptively accurate assumptions about cognitive ability and human behaviors.
The course is graded based on tuition group grade (30%) and a final exam (70%). The final exam is a multiple choice test which verifies theoretical knowledge and practical skills
Type of course
Learning outcomes
On successful completion of this course students should be able to :
• Understand the oppositeness between conventional economics and behavioral economics.
• Understand historical roots and development of behavioral economics and how we can relate it to traditional neoclassical economics.
• Demonstrate the key theoretical and empirical tools of modern behavioral economics.
• Understand of how psychology often affects economic decisions and how experimental findings have shaped modern economics.
• Understand how Neuroeconomics make bridge between the disciplines of neuroscience, psychology, and economics.
Assessment criteria
Assessment criteria and evaluation methods ( 4000 characters max)
Students will be assessed by the following parts:
Final exam (70%)
Project report and homework (20%)
In-class Performance (10%)
So attendance in class is highly encouraged.
Bibliography
There is no required textbook for this class. The course will be based mainly on research articles but below are some interesting books for this course:
• Introduction to behavioral economics by: David R. Just
• Theory of games and economic behavior by: John von Neuman and Oskar Morgenstern
• Risk, Uncertainty and Profit by: Frank.H.Knight
• Cognitive Psychology by: Robert.J.Sternberg and Karin Stenberg
• The Bounds of Reasons by : Herber Ginits
• Neuroeconomics , Decision Making and the Brain Edited by: Paul W. Glimcher and Ernst Fehr
• Prospect Theory for Risk and Ambiguity by: Peter P.Wakker
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: