Course description forMALKA220 Behavioral Economics
Required preliminary courses
Coursework requirements from MALK 4000-401, 4000- 402, MALKA 211 and 212 or equivalent must be approved to participate and submit coursework requirements in MALKA220.
On successful completion of the course, the student has the following learning outcomes classified as knowledge, skills and competence:
can describe and discuss the main distinctions between neoclassical economics, behavioral economics and behavior analysis
can define behavioral economics and describe the origins
can define the concepts of bounded and unbounded rationality
can define the core concepts of discounting
can define "beliefs, biases and heuristics" and describe typical heuristics
can define core principles in game theory
can describe and define the relations between nudging and prompting
can discuss the concept of rationality to the standard economic model and behavioral economics
can discuss discounting in relation to the standard economic model and behavioral economics
can discuss discounting in relation to behavior analysis
can describe and discuss the concepts of rule-governed and contingency shaped behavior in the light of discounting.
can discuss how "beliefs, biases and heuristics" affects choice behavior, and analyze these concepts in behavioral analytic terms
can discuss game theory and how this affects choice behavior
can discuss how nudging can affect choice behavior, and analyze nudging in behavioral analytic terms OK
can discuss the concept of selection at the behavioral and cultural level in relation to micro- and macroeconomics
can discuss the contribution of behavior analysis to behavioral economics
can describe instances of cognitive biases and heuristics, and analyze them in behavioral terms
can present core principles of behavioral economics to others in a way that meets the requirements of professional scientific communication
can present core principles of behavioral economics to the public
can discuss how behavior analysis can contribute to the field of behavioral economics
can present evidence based research from behavioral economics, and discuss different methods and applications
can discuss how the field of behavioral economics can contribute to further understanding of choice behavior
Behavioral economics; behavior analysis; bounded rationality; neoclassical economics; discounting; behavior and culture, beliefs, biases and herustics.
Teaching and learning methods
The course will include lectures, student exercises, individual papers, discussions.
Students submit 3 written assignments, each with maximum 5 pages including references, according to the deadlines in the course schedule.
Individual written examination with invigilation, 4 hours.
Exam questions are in English. Students may submit their exams in Norwegian, Swedish, Danish or English.
Permitted Exam Materials and Equipment
A grading scale of A (highest) to F (lowest) where A to E is a pass grade and F is a fail grade
One internal and one external examiner
- Course name in Norwegian
- Study programme
- Fall: Masterstudium i atferdsvitenskap, deltid / Masterstudium i atferdsvitenskap
- 10 ECTS
- Year of study
- FALL 2019
- FALL 2019
- Programme description
- Fall 2019: Masterstudium i atferdsvitenskap, deltid / Masterstudium i atferdsvitenskap
- Subject History