Behavioural Economics, 7.5 credits (770G03)

Beteendeekonomi, 7.5 hp

Course description

This course surveys research which incorporates psychological evidence from behavioral experiments into economics. Topics include: present-bias and time-inconsistency in intertemporal choice; reference-dependence and loss aversion in choice under certainty or uncertainty; social preferences such as altruism, fairness, or reciprocity; behavioral game theory. This course offers essential knowledge in how to make psychologically realistic assumptions and predictions about human behavior.

Main field of study

Economics

Level

First cycle

Course type

Single subject and programme course

Examiner

Gustav Tinghög

Course coordinator

Gustav Tinghög

Director of studies or equivalent

Linnea Tengvall
Course offered for Semester Weeks Language Campus VOF
Single subject course (Full-time, Day-time) Spring 2020 v202019-202023 English Linköping
Single subject course (Full-time, Day-time) Spring 2020 v202019-202023 English Linköping
F7YEF Business and Economics Programme - International - French (Economics) 6 (Spring 2020) v202019-202023 English Linköping v
F7YES Business and Economics Programme - International - Spanish (Economics) 6 (Spring 2020) v202019-202023 English Linköping v
F7YET Business and Economics Programme - International - German (Economics) 6 (Spring 2020) v202019-202023 English Linköping v
F7MNE Master programme in Economics 2 (Spring 2020) v202019-202023 English Linköping v

Main field of study

Economics

Course level

First cycle

Advancement level

G1F

Course offered for

  • Business and Economics Programme - International - French
  • Business and Economics Programme - International - Spanish
  • Business and Economics Programme - International - German
  • Master programme in Economics

Entry requirements

  • Economics, basic course 30 ECTS credits with 15 ECTS credits passed
  • English corresponding to the level of English in Swedish upper secondary education (English 6/B)
    (Exemption for Swedish)

Intended learning outcomes

After completion the course the student shall be able to:

  • account for theories within behavioral economics and how they relate to standard (neo)classical frameworks
  • apply basic theories from behavioral economics to economic problems
  • discuss the key debates on how behavioral economics can affect public policy.

Course content

In this course the ways that economic and psychological factors jointly influence behavior is studied. Choices that economic actors make in the lab and in the field will be analyzed and explained with economic models. Standard economic models will be enriched by incorporating psychological mechanisms, including limited rationality, limited self-control and social preferences. 

Teaching and working methods

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

Examination

The examination consists of a written individual examination. 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 twice 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.

Grades

Three-grade scale, U, G, VG

Other information

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.

Department

Institutionen för ekonomisk och industriell utveckling

Other

"Origins of Behavioral Public Policy" by Adam Oliver

Additional articles and literature will be added during the course. 

TEN1 Examinationq U, G, VG 7.5 credits

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