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Behavioural Economics, 7,5 ECTS Credits
COURSE CATEGORY   Civilekonomprogrammet, Internationella civilekonomprogrammet, Politices kandidatprogrammet och fristående kurs
SUBJECT AREA   Economics – NA1
  COURSE CODE   770G03
After completing the course the student shall be able to:
- have an overview of major papers in the literature and appreciate differences between neoclassical and behavioral methods.
- explain key theories, concepts and methods theories in Behavioral economics.
- apply the basic frameworks to economic problems.
- recognize some of the key debates in thinking about how behavioral economics can inform public policy.
This course studies the ways that economic and psychological factors jointly influence behavior. We will analyze choices that economic actors make in the lab and in the field and we will try to explain these choices with economic models. We will enrich the standard economic model by incorporating psychological mechanisms, including limited rationality, limited self-control and social preferences.

The course is divided into seven topics:
- Methods in behavioral economics
- Fairness and social preferences
- Time preferences
- Risk Preferences
- Mental Accounting
- Behavioral Game Theory
- Applications of behavioral economics
The course consists of a combination of lectures and seminars.Homework and independent study are a necessary complement to the course. Language of instruction: English or Swedish.
The examination consists of a term-paper written in pairs, precence and active participation at seminars and a individual oral examination at the end of the course. Detailed information about the examination can be found in the course’s study guide.

Students failing an exam covering either the entire course or part of the course two times are entitled to have a new examiner appointed for the reexamination.

Students who have passed an examination may not retake it in order to improve their grades.

Completed Economics, basic course comprising 30 credits with at least 15 credits approved, or the equivalent. Documented knowledge of English equivalent to Engelska B/Engelska 6: internationally recognized test, e.g. TOEFL (minimum scores: Paper based 575 + TWE-score 4.5, and internet based 90+TWE-score 20), IELTS, academic (minimum score Overall band 6.5 and no band under 5.5), or equivalent.
The course is graded on the following scale: Pass with distinction; Pass; Fail.
Course certificate is issued by the Faculty Board on request. The Department provides a special form which should be submitted to the Student Affairs Division.
The course literature is decided upon by the department in question.
Planning and implementation of a course must take its starting point in the wording of the syllabus. The course evaluation included in each course must therefore take up the question how well the course agrees with the syllabus.

The course is carried out in such a way that both men´s and women´s experience and knowledge is made visible and developed.
Behavioural Economics
Behavioural Economics
Department responsible
for the course or equivalent:
IEI - Department of Management and Engineering
Registrar No: 2013-00306, 2013-0037, 2014-01142, 2014-01143, 2014-01144   Course Code: 770G03      
    Exam codes: see Local Computer System      
Subject/Subject Area : Economics - NAA          
Level   Education level     Subject Area Code   Field of Education  
G1X   Basic level       SA  
The syllabus was approved by the Board of Faculty of Arts and Science 2015-10-16