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Curricular information is subject to change
The key learning outcomes of this module:
- A mastery of key concepts in behavioural economics.
- An understanding of how theory and empirics can be combined to better understand human behaviour.
- The ability to apply behavioural concepts more generally to economic areas of interest.
- The ability to critically evaluate, present, and discuss research in Behavioural Economics.
The course will cover a selection of the following topics:
1. Decision Making under Risk and Uncertainty
2. Probability Theory, Heuristics, and Biases
3. Prospect Theory, Reference Dependence, and Mental Accounting
4. Intertemporal Choice
5. Behavioural Game Theory
6. Social Preferences
7. Role of Social Identities in Decision Making
8. Bounded Rationality in Games
|Student Effort Type||Hours|
|Autonomous Student Learning||
There are no formal pre-requisites for the course. However, a basic knowledge of microeconomics and game theory will be assumed.
|Description||Timing||Component Scale||% of Final Grade|
|Examination: Problem solving and answering questions.
||2 hour End of Trimester Exam||No||Alternative linear conversion grade scale 40%||No||
|Presentation: In-class presentation of a group project.||Throughout the Trimester||n/a||Graded||No||
|Resit In||Terminal Exam|
• Feedback individually to students, post-assessment
• Group/class feedback, post-assessment
- Students will receive comments following their group presentation - Students will be given individual feedback in the form of grades for the presentation and exam paper