Jan 27, 2022  
2019-2020 General Catalog 
    
2019-2020 General Catalog [ARCHIVED CATALOG]

Add to Favorites (opens a new window)

ECON 454 - Seminar in Behavioral and Experimental Economics


Unit(s): 4
Economics is the study of how people make choices in a world with constraints. In Neoclassical models, behavior is based on assumptions that may or may not be true. Behavioral economics, on the other hand, takes as its starting point actual behavior (observed either experimentally or in naturally occurring situations), using observations to incorporate more realistic psychological foundations. Typically this means enriching the theory rather than replacing it. Experimental methods are particularly useful in this kind of research.

Grading: GRD
Prerequisite(s): ECON 304, ECON 305 and ECON 317.



Add to Favorites (opens a new window)