Module Catalogues, Xi'an Jiaotong-Liverpool University   
 
Module Code: ECO222
Module Title: Behavioural Economics
Module Level: Level 2
Module Credits: 5.00
Academic Year: 2017/18
Semester: SEM2
Originating Department: International Business School
Pre-requisites: ECO101ECO109ECO118
   
Aims
This module aims to introduce students to behavioural economics methods and its perspectives. The student is presented with some of the main contributions of behavioural economics research to economic theory. This module will prepare students for the study of more technical modules in behavioural or experimental analysis in the future.
Learning outcomes 
Student completing the module successfully should be able to:


A) Critically evaluate the axioms on which mainstream economics is based.


B) Understand how Behavioural Economics augments traditional economic analysis.


C) Critically assess key contributions to the Behavioural Economics literature.
Method of teaching and learning 
The module will be delivered by a combination of lectures and tutorials. Lectures will be designed to provide essential information and introduce students to the basic tools and concepts of behavioural economics and related issues. Tutorials will be delivered to supplement the lectures and to discuss selected topics in detail.
Syllabus 
- Introduction to Behavioural Economics


I. Axioms of Mainstream Economics

- Rational choice under certainty

- Decision-making under certainty


II. Contributions of Behavioural Economics

- Probability judgment

- Unconditional probability

- Judgment under risk and uncertainty

- Rational Choice under risk and uncertainty

- Decision-making under risk and uncertainty

- The discounted utility model

- Inter-temporal choice

- Behavioural game theory

Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26     12      112  150 

Assessment

Sequence Method % of Final Mark
1 Midterm Exam 15.00
2 Oral Presentation 10.00
3 Written Report 10.00
4 Final Exam 65.00

Module Catalogue generated from SITS CUT-OFF: 10/22/2017 9:28:34 PM