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Economics is considered as a field of study in social sciences that deals with the production, distribution, and consumption of resources. This field has also different branches of study which explains how economics is an important study to understand how the economy works.

Knowing behavioral economics will let you incorporate psychological evidence into economics. This [course_title] discuss important topics in behavioral economics that can affect how the economy will turn out.


This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer need to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.


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Course Credit: MIT

Course Curriculum

Module 01
Prospect Theory 00:30:00
Prospect Theory (cont.) 00:30:00
Heuristics and Biases 00:30:00
Noise 00:30:00
Confusion and Competition 00:30:00
Bounded Rationality 00:30:00
Learning in Games 00:30:00
Neuroeconomics 00:45:00
Happiness 00:30:00
Hyperbolic Discounting 00:45:00
Module 02
Consumption of Hyperbolics (PDF) (Courtesy of David Laibson, Andrea Repetto, and Jeremy Tobacman. Used with permission.) 01:00:00
Self Control and Temptation a La Gul-Pesendorfer 00:45:00
Fairness 00:45:00
Introduction to Behavioral Finance 00:30:00
Efficiency and Habits 00:30:00
Prospect Theory Assets, Puzzles, and Bubbles 00:45:00
Slides (Graphs) 00:30:00
Submit Your Assignment 00:00:00
Certification 00:00:00

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