ECON 2300

Psychology and Economics

Lec 01 selected

Psychology & Economics (aka Behavioural Economics) is a growing subfield of economics that explores how psychological insights contribute to the understanding of economic behaviour. We examine how cognitive biases, heuristics, emotions, and social factors shape decision-making and market behaviour, contrasting traditional economic models with findings from psychology and behavioural economics. Applications will cover a wide range of fields, including labor and public economics.

Sections

Lecture

From the syllabus

From the Fall 2026 syllabus by C. Boulatoff. Open the PDF

Grading

10%Pop-up quizzes (6)Best 6 scores count
25%Midterm examinationCovers Lectures 1–13
30%Group behavioural-intervention projectIncludes video and peer assessment
35%Final examinationCumulative

Textbook

  • Behavioral Economics: The Basics, P. J. Corr and A. C. Plagnol

Course rules

Late work
Late work loses 10% per calendar day and is normally not accepted more than three days after the deadline.
Missed quizzes
Missed quizzes are not rewritten; only the best six scores count.
Missed midterm
If the midterm is missed, its weight will normally transfer to the final examination.
Missed final
Missed finals follow University accommodation and deferred-examination procedures.
Attendance
Regular attendance is expected because experiments, discussions, and quizzes are integral to the course.

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