University of Delaware 3 credits APEC
This course will introduce you to the foundational models and ideas of behavioral economics, building on traditional models introduced in principles of economics courses. Behavioral economics aims to increase the realism of standard economic models by accounting for more nuanced behaviors grounded in psychological and sociological insights. The goal is to better understand human decision making and to improve policy recommendations in cases where traditional economic models fail to capture relevant behaviors. Prerequisite: APEC150 or ECON101 and MATH231/232 or MATH221.
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