COURSE UNIT TITLE

: BEHAVIORAL ECONOMICS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
IKT 5140 BEHAVIORAL ECONOMICS ELECTIVE 3 0 0 5

Offered By

Economics

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

ASSOCIATE PROFESSOR ÜZEYIR AYDIN

Offered to

Economy (UOYLP-Gence State University)
Economics

Course Objective

The main objective of the course is the apperceive the economical psychology and behavioral economics which aimes to include psychological motives to economic models as an new and growing area of economics. For this purpose proves and the theories is identified to explain the personal decisions.

Learning Outcomes of the Course Unit

1   to be able to explain the relationship between economics and the behavioral sciences
2   to be able to analyze the appropriation of rational individual decisions to real (observed, measured) behaviours
3   to be able to compare the experimental methods that are used in economic and psychological disciplines.
4   to be able to analyze the different dimensions of decision making under uncertainity in the basic level.
5   to be able to summerize approaches in behavioral economics related to strategical decision making

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 explanation related with the course and examinations about fundamental concepts
2 The subject of behavioral economics and extent of it
3 The methodology of behavioral economics
4 Behavioral motives, justice, reciprocity, shame, norms, preferences.
5 Endogeneous and exegeneous motives in determining behaviours
6 Decision making under risk and uncertainity
7 Mental accounting
8 Mental accounting
9 Introduction to intertemporal preference: reduced utility model
10 Alternative models of intertemporal preference models
11 Behavioral welfare economics-models of behavioral decision.
12 Behavioral Game Theory
13 Social preferences and collective participation: experiments of public domain
14 Neuroeconomics

Recomended or Required Reading

Nick Wilkinson (2012), An introduction to behavioral economics, New York : Palgrave Macmillan. 2nd ed.
Peter Diamond, Hannu Vartiainen, Behavioral Economics and Its Applications, Princeton University Press, 2007.
Colin F. Camerer, George Loewenstein and Matthew Rabin, Advances in Behavioral Economics, Princeton University Press, 2003.
Alan Lewis, The Cambridge Handbook Of Psychology And Economic Behaviour, Cambridge University Press, 2012.
E. Angner, A Course in Behavioral Economics, 2012
N. Bardsley, Experimental Economic: Rethinking the Rules, 2009
H. Kagel and A. E. Roth, The Handbook of Experimental Economics, 1997
D. Friedman and S. Sunder, Experimental Methods: A Primer for Economists, 1994
D. Ariely, Akıl Dışı Ama Öngörülebilir, Optimist, 2013

Planned Learning Activities and Teaching Methods

Weekly reading passages with presentations and arguments

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + STT * 0.30 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.30 + RST* 0.40


Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

uzeyir.aydin@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Course 13 3 39
Takehomes 1 20 20
Preparation for course 13 2 26
Preparation for midterm 1 20 20
Preparation for final exam 1 20 20
Presentation 1 10 10
Midterms 1 1 1
Final Exam 1 1 1
TOTAL WORKLOAD (hours) 137

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9
LO.1535
LO.23245
LO.34243
LO.4554
LO.544533

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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