Behavioral Economics

3 Credits · Level: Graduate, Undergraduate

Individuals make decisions that often depart from the predictions of standard economic theory. Behavioral economics helps us understand these departures by integrating psychology into economic analysis. This course will review the major themes of behavioral economics and address their implications for a wide variety of economic activities, including labor markets, retirement savings, investment decisions, social security, tax compliance, borrowing, education, healthcare, and social welfare programs among others.