Behavioural Economics

Undergraduate

Students will explore behavioural economics, integrating insights from psychology and neuroscience into economic decision-making. The course contrasts the standard model of rational choice with experimental and empirical evidence on predictable deviations from rationality. Topics include utility and rationality, choice under certainty and uncertainty, loss aversion, anchoring, beliefs and biases, intertemporal choice, and behavioural game theory. (Pre-requisites: ECON-1100)