EconPsych of Consumer Finance

1.5 Credits · Level: Graduate

Consumer finance is a large segment of the US economy. As of 2021, US households hold $117 trillion in financial assets and $18 trillion in total liabilities. Given its size, a better understanding of consumer finance has significant implications for those that work in the consumer finance industry, for financial public policy, and for students’ own personal finance decisions. The overall goal of this Intensive Learning Experience is to use tools of finance, economics, and psychology to better understand consumer financial decisions and financial behavior. The target audience for this course includes students who 1) are planning careers in financial services or consulting, 2) are interested in public policy decisions involving consumers, or 3) would like to improve their own financial decision-making.