Overview:
- Credits:
- 5.0
- Level:
- 3
- Semester:
- Autumn
- Subject:
- Economics
- School:
- Economics
- Coordinator:
- Dr Vessela Daskalova
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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:
• Understand key theoretical concepts in behavioural economics.
• Understand how to evaluate empirical evidence from behavioural research.
• Be able to critically evaluate the role of behavioural research in informing public policy.
The course will cover the following topics:
• Methodology
• Deviations from Rational Choice Under Certainty
• 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 exams. There will be group/class feedback post-assessment.