UGRD > ECON > 406
Behavioral economics is a new, and quickly growing field that attempts to provide a more realistic understanding of judgment and decision making in an economic context. In this course, we will discuss the short-comings of the standard economic model, and how these short-comings can be replaced with more plausible assumptions about decision making. We will apply these principles in the areas of labor markets and firm organization, financial markets, and public policy.
Pre Requisites: Pre-req = ECON 201