Behavioural Economics (L1083)
15 credits, Level 6
During this module you will examine the psychological underpinnings of economic behaviour and examine recent theories and empirical results in behavioural economics. This forms the starting point in core economics modules and the dominant model of choice in economics, in which agents maximize expected utility given the information they possess and the choice set they have.
A growing body of empirical evidence has sought to challenge the assumption of individuals as rational economic agents; you will analyse this recent empirical evidence across a range of fields of economics and examine the new theories of economic behaviour.
Teaching and assessment
We’re currently reviewing teaching and assessment of our modules in light of the COVID-19 situation. We’ll publish the latest information as soon as possible.
Contact hours and workload
This module is approximately 150 hours of work. This breaks down into about 32 hours of contact time and about 118 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.
We’re planning to run this module in the academic year 2020/21. However, there may be changes to this module in response to COVID-19, or due to staff availability, student demand or updates to our curriculum. It may not be possible to take some module combinations due to timetabling constraints. We’ll make sure to let our applicants know of material changes to modules at the earliest opportunity.
This module is offered on the following courses:
- Economics (with a professional placement year) BA
- Economics (with a professional placement year) BSc
- Economics BA
- Economics BSc
- Economics and Finance BSc
- Economics and International Development BA
- Economics and International Relations BA
- Economics and Management Studies BSc
- Economics and Politics BA
- Mathematics with Economics BSc
- Mathematics with Economics MMath
- Philosophy, Politics and Economics (PPE) BA