ECON327

Behavioral Economics

Prerequisite: Minimum grade of C- in ECON200 and ECON201. Restriction: Must be in Economics Bachelor of Arts program. Integrating the insights of psychology into economics. Analysis of the ways in which individuals make decisions that systematically depart from the so-called "standard model" of homo economicus, which assumes perfect rationality, perfect selfishness, and perfect willpower. Investigating the implications of the major findings of behavioral economics for policymakers.