COURSE UNIT TITLE

: BEHAVIORAL ECONOMICS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
ECO 4419 BEHAVIORAL ECONOMICS ELECTIVE 3 0 0 6

Offered By

Economics

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

INSTRUCTOR ŞULE GÜNDÜZ

Offered to

Economics

Course Objective

The aim of this course is to describe how the use of evidence from psychology can improve the power of standard economic theories. This course also aims to provide the learner basics of modeling human behavior that departures from basic economic theory using psychological principles.

Learning Outcomes of the Course Unit

1   To be able to explain the basic concepts in economic and psychological study of decision making.
2   To be able to apply psychological principles to economic problems so that some real world cases can be more clearly explained
3   To be able to demonstrate understanding of evidence of human behavior that represent predictable departures from basic economic theory

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

ECO 2001 - MICROECONOMICS I

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction
2 Economics and Identity
3 Economics and Identity
4 Identity and Economics of Organizations
5 Identity and Economics of Education
6 Gender and Work
7 Race and Minority Poverty
8 Identity Economics and Economic Methodology
9 Conclusions , and Five Ways Identity Changes
10 Game Theory
11 Neuroeconomics
12 Neuroeconomics

Recomended or Required Reading

1. Ariely, D. "Predictably Irrational: The Hidden Forces That Shape Our Decisions" Harper Perennial, 2010.
2. Belsky , G.and Gilovich, T. "Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics", Simon & Schuster, 2010.
3. Wilkinson, N. "An Introduction to Behavioral Economics", Palgrave Macmillan, 2007.
4. Akerlof, G.A. and Kranton, R.E "Identity Economics How Our Identities Shape Our Work, Wages, and Well-Being", Princeton University Press.
5. Reading package

Planned Learning Activities and Teaching Methods

1. Lecture
2. Reading
3. Case studies and discussions

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MT Midterm
2 ASS Assignment
3 PRS Presentation
4 FCG FINAL COURSE GRADE MT * 0.40 +ASS * 0.20 +PRS * 0.40

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will demonstrate awareness of the available evidence on the basic concepts in the economic and pscyhological decision making like framing, anchoring, sunk cost fallacy, diminishing sensitivity, etc.
2. The learner will be familiar with a wide ranging non-technical survey of behavioral economics.
3. The learner will assess how the combination of economic and psychological theory improves the design of governmental policies.

Language of Instruction

English

Course Policies and Rules

1. Attending at least 70 percent of lectures is mandatory.
2. Plagiarism of any type will result in disciplinary action.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparations before/after weekly lectures 12 2 24
Preparation for midterm exam 1 10 10
Preparing assignments 5 7 35
Design Project 2 20 40
Preparing presentations 1 6 6
Midterm 1 2 2
TOTAL WORKLOAD (hours) 153

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14
LO.15444
LO.2545
LO.34445

CONTACT INFORMATION
Dokuz Eylül Üniversitesi Cumhuriyet Bulvarı No: 144 35210 Alsancak / İZMİR
Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

Copyright 2012 DEÜ. BİD

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