Psychology and Economics

3 credits · Undergraduate

Psychology & Economics (aka Behavioural Economics) is a growing subfield of economics that explores how psychological insights contribute to the understanding of economic behaviour. We examine how cognitive biases, heuristics, emotions, and social factors shape decision-making and market behaviour, contrasting traditional economic models with findings from psychology and behavioural economics. Applications will cover a wide range of fields, including labor and public economics. PREREQUISITES: Econ1101.03 with minimum grade of C, OR Permission from the Instructor FORMATS: Lecture