The aim of this course is to convey the basic concepts of behavioral economics and demonstrate the importance of behavioral theory in economic decision making through different approaches.
Prerequisite(s)
None
Corequisite(s)
None
Special Requisite(s)
None
Instructor(s)
Assoc. Prof. Nebile Korucu Gümüşoğlu
Course Assistant(s)
Schedule
The course will not be held this semester.
Office Hour(s)
Teaching Methods and Techniques
Oral Presentation, Discussion, Example
Principle Sources
İktisatta Davranışsal Yaklaşımlar Editörler: Devrim Dumludağ, Özge Gökdemir, Levent Neyse ve Ester Ruben, İmge Kitabevi, 2015 Ankara
Thaler, R., Sunstein, C. (2016) Dürtme, Pegasus Yayınları
Other Sources
Kahneman, D.(2011) Hızlı ve Yavaş Düşünme, Varlık Yayınları
Course Schedules
Week
Contents
Learning Methods
1. Week
Introduction: Psychology and Economics
Oral Presentation, Discussion, Example
2. Week
Rational Decision Making
Oral Presentation, Discussion, Example
3. Week
Behavioral Anomalies
Oral Presentation, Discussion, Example
4. Week
Limited Rationality
Oral Presentation, Discussion, Example
5. Week
Uncertainty and Human Behavior
Oral Presentation, Discussion, Example
6. Week
Happiness Economics
Oral Presentation, Discussion, Example
7. Week
Happiness Economics
Oral Presentation, Discussion, Example
8. Week
Behavioral Game Theory
Oral Presentation, Discussion, Example
9. Week
Midterm Exam Week
Assessment
10. Week
Midterm Exam Week
Assessment
11. Week
Experimental Economics
Oral Presentation, Discussion, Example
12. Week
Environment and Experimental Economics
Oral Presentation, Discussion, Example
13. Week
Introduction to Neuroeconomics
Oral Presentation, Discussion, Example
14. Week
Behavioral Economics and Policy Development
Oral Presentation, Discussion, Example
15. Week
Final Exam Week
Assessment
16. Week
Final Exam Week
Assessment
17. Week
Final Exam Week
Assessment
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
30
Homework / Term Projects / Presentations
1
20
Final Exam
1
50
Program Outcomes
PO-1
OP-1. Comprehends both theoretical and applied subjects in international trade at the advanced level, and uses his/her knowledge when necessary.
PO-2
OP-2. Analyses basic concepts and data related to International Trade and Economics by scientific methods, interprets those with analytically, and evaluates those with regard to economic issues.
PO-3
OP-3. Express his/her thoughts, comments and evaluations related to International Trade discipline both in written and oral forms.
PO-4
OP-4. Defines current problems, and proposes solutions which are supported by evidence and research based quantitative and qualitative data.
PO-5
OP-5. Inspects how public and private sector enterprises engaged in trade activities operates in practice, and evaluates the continuities and the dynamism in these sectors.
PO-6
OP-6. Defines and tracks local, regional (such as European Union or Middle East) and global issues from the point of political economics, and relates these issues to each other.
PO-7
OP-7. Possesses sufficient knowledge in other disciplines related to International Trade (such as Economics, Finance, International Business and Law), and reports this information.
PO-8
OP-8. Follows publications and research in International Trade, Globalisation and Financial Systems in the English language, and communicates with his/her colleagues internationally.
PO-9
OP-9. Uses a second language (Russian, Chinese, etc.) at the intermediate level.
PO-10
OP-10. Possesses ethical principles and scientific values in collection, interpretation and release of data.
Learning Outcomes
LO-1
To recognize the relationship between psychology and economic theories
LO-2
To recall the concept of rationality in the neo-classical approach in economics.
LO-3
To comprehend the fundamentals of the happiness economics.
LO-4
To examine the role of expectations in economic decision-making.