Behavioural Economics

Uitgebreide vaknaam	Responsible Governance: Economics: 200-level: Behavioural Economics
Leerdoelen	Upon the successful completion of this course students are able to: - Become acquainted with behavioural extensions of the mainstream economic model of decision-making - Learn the foundations of the experimental method in economics - Become aware of policy innovations motivated by behavioural economics The course focuses on the development of the following programme learning outcomes, as stated in the degree profile: A1, A2, B1, C1, C3
Omschrijving	The relation between economics and psychology is becoming more intense. The emphasis within the field of economics has been on economic institutions and economic models. Economists traditionally try to predict economic developments. The financial crises have illustrated that predictions are difficult. People and institutions behave in a different way than we assume at a theoretical level. To understand behaviour of people and institutions in the real economy (“the animal spirits”) a new specialisation "Behavioural Economics” is developing. In this course students learn to explain and interpret the principles underlying decision-making and compare the nudging approach to other methods of behavior change, how to critique, design and interpret the results of experiments and design nudges and decision-tools to help people make better decisions. Understanding experimental design and interpretation is a central topic.
Uren per week
Onderwijsvorm	nog niet bekend
Toetsvorm	Assignment, Essay, Participation
Vaksoort	bachelor
Coördinator	dr. ir. N.R. Faber
Docent(en)	dr. ir. N.R. Faber
Verplichte literatuur	Titel Auteur ISBN Prijs An introduction to Behavioral Economics (2nd ed.) (2012) N. Wilkinson & M. Klaes Selected papers and articles.
Entreevoorwaarden	Principles of Economics is required, History of Economic thinking is recommended.
Opmerkingen
Opgenomen in	Opleiding Jaar Periode Type BSc Global Responsibility and Leadership 2 semester I b keuzegroep BSc Global Responsibility and Leadership  (Major Responsible Governance) - semester I b Economics