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Curricular information is subject to change
At the end of the course, students should have a broad understanding of the field and, in particular:
1. Understand key theoretical concepts in behavioural economics.
2. Understand how to evaluate empirical evidence from behavioural research.
3. Be able to critically evaluate the role of behavioural research in informing public policy.
The course will cover a selection of the following topics:
- Decision Making under Risk and Uncertainty
- Probability Theory, Heuristics, and Biases
- Prospect Theory, Reference Dependence, and Mental Accounting
- Intertemporal Choice
- Social Preferences
- Role of Social Identities in Decision Making
- Behavioural Game Theory
- Nudging
Student Effort Type | Hours |
---|---|
Lectures | 22 |
Autonomous Student Learning | 100 |
Total | 122 |
There are no formal pre-requisites for the course. However, having some basic knowledge of microeconomics and game theory can be helpful.
Description | Timing | Component Scale | % of Final Grade | ||
---|---|---|---|---|---|
Examination: A final exam consisting of problem solving and answering questions. | 2 hour End of Trimester Exam | No | Alternative linear conversion grade scale 40% | No | 70 |
Examination: An intermediate exam consisting of problem solving and answering questions. | Week 6 | No | Alternative linear conversion grade scale 40% | No | 30 |
Resit In | Terminal Exam |
---|---|
Spring | No |
• Group/class feedback, post-assessment
• Self-assessment activities
Students will be given individual feedback in the form of grades for the assessed assignments. There will be group/class feedback post-assessment.