AEM 4140
Last Updated
- Schedule of Classes - December 8, 2024 7:33PM EST
- Course Catalog - December 8, 2024 7:07PM EST
Classes
AEM 4140
Course Description
Course information provided by the Courses of Study 2024-2025.
Behavioral economics integrates psychology and economics by identifying systematic anomalies in decision making. These are now recognized to be an important source of error in business decisions, and they provide the foundation for both behavioral marketing and finance. The course compares rational choice theory with behavior both in lecture and through a series of economics experiments in which students face situations that are likely to lead to anomalies such as "the winner's curse," the status quo bias, hyperbolic discounting, and bias in assessing risks. Students have the opportunity to evaluate their own decision making.
When Offered Spring.
Fees Course fee: $40 for behavioral experiments in discussion sections.
Prerequisites/Corequisites Prerequisite: ECON 1110 or permission of instructor.
Outcomes
- Students will be able to explain the major decision making anomalies that constitute the core of behavioral economics.
- Apply lessons from behavioral economics to actual business decision making.
- Design laboratory experiments testing hypotheses from economics and psychology that relate to economic decision making.
- Explain IRB requirements and procedures regarding human subjects and confidentiality.
- Administer experiments and analyze the data.
Regular Academic Session. Choose one lecture and one discussion.
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Credits and Grading Basis
3 Credits Graded(Letter grades only)
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Class Number & Section Details
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Meeting Pattern
- M
- Jan 21 - May 6, 2025
Instructors
Fisher, G
-
Additional Information
Instruction Mode: In Person
Course fee: $40. Students will need to bring their own laptop to discussion (DIS) each week.
Regular Academic Session. Choose one lecture and one discussion.
-
Credits and Grading Basis
3 Credits Graded(Letter grades only)
-
Class Number & Section Details
-
Meeting Pattern
- M
- Jan 21 - May 6, 2025
Instructors
Fisher, G
-
Additional Information
Instruction Mode: In Person
Course fee: $40. Students will need to bring their own laptop to discussion (DIS) each week.
Regular Academic Session. Choose one lecture and one discussion.
-
Credits and Grading Basis
3 Credits Graded(Letter grades only)
-
Class Number & Section Details
-
Meeting Pattern
- M
- Jan 21 - May 6, 2025
Instructors
Fisher, G
-
Additional Information
Instruction Mode: In Person
Course fee: $40. Students will need to bring their own laptop to discussion (DIS) each week.
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