Introduction to Behavioral Economics (UGMDC-202(B))
Program: BBA-BFSI
Category: Multidisciplinary
Semester: 2
Credits: 3
L-T-P:
3-
0-
0
Description
Studying "Introduction to Behavioral Economics" helps students understand how psychological factors influence economic decision-making. It enhances their ability to analyze consumer behavior, market trends, and policy impacts. This knowledge is valuable for careers in marketing, finance, policy-making, and entrepreneurship, enabling more effective and informed decision-making in business contexts. Instructor
Dr. Priyanka Sharma
Associate ProfessorDepartment Of Commerce
Course Outcomes
- Examine the concept and scope of Behavioral Economics
- Apply Prospect Theory to analyze decision-making under risk and uncertainty.
- Identify common biases that affect decision-making.
- Design effective public policies that nudge desired behaviors through behavioral science principles
- Analyze how behavioral interventions can promote healthy choices and improve well-being.
Evaluation Scheme
| MST I | 10 |
| Assignment | 10 |
| MST II | 10 |
| Attendance | 10 |
| Total Internal | 40 |
| Total External | 60 |
| Overall Total | 100 |