Behavioral Economics & Finance

3 Credits.

This course treats key topics in behavioral economics and finance theoretically and empirically. We analyze the efficient markets hypothesis and its potential weaknesses, the role of noise trading, consumer choice anomalies and perception biases, and serial correlation in stock prices, as well as other topics in behavioral economics and finance. Prerequisite: 440.601 Microeconomic Theory and Policy. Corequisite: 440.606 Econometrics.