ECON 340 - Behavioral and Experimental Economics
Behavioral economics has significantly changed the way economists view the world. It encompasses approaches that extend the standard economic framework to incorporate features of human behavior emphasized in other sciences, such as sociology and psychology. Behavioral economics then uses experiments to obtain empirical evidence to develop economics models that more accurately describe the way people actually behave. Students will be asked to contrast the material they learned in intermediate microeconomics with empirical and experimental evidence, which will inform new ways of modelling and thinking about individual economic behavior. The course will encompass applications to other fields of economics, possibly including public economics, development, game theory, health, and policy.
Prerequisites: ECON 251 and (MATH 105 or MATH 316 or CORE 143S or PSYC 309 or MATH 317 or MATH 102 or ECON 375 )
Major/Minor Restrictions: None
Class Restriction: None
Area of Inquiry: Social Relations,Inst.& Agents
Liberal Arts CORE: None
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