Behavioural Economics I: Individual Decision Making
Postgraduate: Level 7
Thursday 03 October 2019
Saturday 14 December 2019
09 October 2019
Requisites for this module
MSC L11912 Behavioural Economics,
MSC L119UH Behavioural Economics
This module is designed as an introduction to Behavioural Economics. Behavioural Economics has been one of the fastest growing areas in Economics in recent years with wide-reaching impact beyond academia.
This module is designed as an introduction to Behavioural Economics which studies the relationship between psychology and economics. In this module we will focus on individual decision making. Students will study the circumstances under which classical theory does not serve as a good predictor of empirically observed behaviour and how behavioural economics can reconcile these empirical findings with theoretical models. Students will learn the most important empirical and theoretical findings of behavioural economics for individual decisions.
While theoretical concepts and models will play an important role in the course, much of the material will focus on empirical and specifically experimental results and many of the readings will reflect this.
To equip students with a theoretical understanding of concepts and models relevant to Behavioural Economics and to familiarise them with relevant experimental evidence (lab and field), where appropriate.
This module is the first part of a two-term sequence that serves as an introduction to behavioural economics, a fast-growing field that incorporates insights from psychology into classical economic theory.
No additional information available.
The module will consist of one two-hour lecture per week and one hour class per week. Teaching materials can be accessed via the course material repository. Students are expected to present research articles during the classes and to prepare eventual problem sets (to be given in due time). To prepare the weekly ectures, students are expected to read a number of papers along with additional materials, if provided.
Feedback for this module will occur through class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution; answers that will be posted on the website for the module that will give you written guidance on the appropriate method to approach the problems, assignments, and tests; and office hours where any additional questions can be addressed. You should be sure that you use these methods to understand how to improve your own performance.
This module does not appear to have any essential texts. To see non-essential items, please refer to the module's reading list.
Assessment items, weightings and deadlines
|Coursework / exam
||120 minutes during Summer (Main Period) (Main)
Module supervisor and teaching staff
Dr Arash Dianat
For further information, send a message to
Dr Francis Kiraly
Available via Moodle
Of 31 hours, 29 (93.5%) hours available to students:
2 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).
Disclaimer: The University makes every effort to ensure that this information on its Module Directory is accurate and up-to-date. Exceptionally it can
be necessary to make changes, for example to programmes, modules, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements,
industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to modules may for example consist
of variations to the content and method of delivery or assessment of modules and other services, to discontinue modules and other services and to merge or combine modules.
The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications and module directory.
The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.