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Institution:
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University of Michigan-Dearborn
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Subject:
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Economics
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Description:
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This class is a reading intensive course on behavioral economics and its sister discipline of economic psychology. We will discuss whether market forces, learning, and evolution can eliminate human limitations and lead to rational (or at least to bounded rational) behavior. We will examine anomalies, or the ways in which people deviate from the standard economics models. Finally we will explore how behavioral concepts can be incorporated into standard economic models and applied to a particular field. Students are recommended (but not required) to take Econ 302 before enrolling in this class.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(313) 593-5000
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Regional Accreditation:
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North Central Association of Colleges and Schools
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Calendar System:
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Semester
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