Introduction to Behavioral Economics (UGMDC-202(B))
Program: Bachelor of Computer Applications(Hons)
Category: Multidisciplinary
Semester: 2
Credits: 3
L-T-P: 3- 0- 0
Description
This syllabus on Behavioral Economics explores its definition, historical development, and contrasts with traditional economics. It covers topics like rationality, utility theory, and decision-making under risk, including Prospect Theory and loss aversion. The course delves into biases, heuristics, and behavioral law, along with their application in public policy, nudges, and fairness. It also examines the role of behavioral economics in health, development, and happiness. The focus is on understanding human behavior and applying these insights to real-world economic challenges.
Instructor

Dr. Priyanka Sharma

Associate Professor
Department Of Commerce
Course Outcomes
  • Examine the concept and scope of Behavioral Economics.
  • Apply Prospect Theory to 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.
Resources
Course Handout Lesson Plan Syllabus
Evaluation Scheme
MST-1 10
MST-2 10
Assignment 10
Attendance 10
Total Internal 40
Total External 60
Overall Total 100