About ECON 2990 B
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Notes
Prereqs: ECON 1400 and 1450. PACE students with permission and override. Special Topics courses cannot carry CC designations
Section Description
Standard economic models assume that people are rational, self-interested, and consistent in their choices. Behavioral economics studies what happens when these assumptions relaxed or re-interpreted. This course covers systematic patterns in decision-making that depart from classical predictions and examines their consequences for markets and public policy. Topics include prospect theory and reference dependence, heuristics and biases, time inconsistency and present bias, social preferences (fairness, reciprocity, trust), nudging and choice architecture, and applications to health, finance, insurance, and environmental policy. No prior coursework in behavioral economics or psychology is required.
Section Expectation
Students are expected to complete assigned readings before class and to participate actively in discussions. The course combines lectures with in-class demonstrations and analysis of empirical studies.
Evaluation
Final grades will be based on problem sets, short written assignments, class participation, a midterm, and a final exam.
Important Dates
| Last Day to Add | |
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| Last Day to Drop | |
| Last Day to Withdraw with 50% Refund | |
| Last Day to Withdraw with 25% Refund | |
| Last Day to Withdraw |
Resources
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