ECON 346 - Behavioral Economics

Behavioral economics applies the findings of experimental psychology to economic theory to improve its predictive power. Although human behavior may diverge from the traditional rational agent model, the departure often occurs in predictable ways. Studying this pattern of behavior and incorporating it into economic analysis improves both decision-making and policy prescriptions.

Credits: 3

Clock Hours - (Lect-Lab): (3-0)

Minimum Class Standing: Sophomore