Last updated 7/2019 MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz Language: English | Size: 1.51 GB | Duration: 2h 39m Learn an interdisciplinary approach to understanding economic behavior!
What you'll learn Gain insight into an alternative approach of understanding decision-making by human agents. Incorporate a novel interdisciplinary approach, which combines economics and psychology into future academic endeavours Inculcate critical thinking within the realm of behavioural economics, and understand basic theoretical concepts of BE. Applying behavioural insights in their own work: academic research, implementing a policy, running a company, or selling a product Requirements Have a basic understanding of or interest in economics and/or psychology. Description Incorporating insights from psychology in economics has come a long way since the 1950s. More recent Nobel laureates being recognized for their work in behavioral economics implies that the field is slowly, but surely coming into the mainstream and gaining acceptance. Our course provides an overview of the discipline, covering its history, essential theories, core principles, applications, and critiques. This course is among the first one hosted online to tackle these subjects with the rigor of academia while balancing out its implications for public policy, business strategy, and everyday life. This course was designed by Nikhil George, Hansika Kapoor, Aditya Nair, and Anirudh Tagat at Monk Prayogshala. We are grateful to Juhi Vajpayee for assistance in preparing course material. Overview Section 1: Section 1: What is Behavioural Economics? Lecture 1 Lecture 1: An Overview Lecture 2 Lecture 2: Course Map Lecture 3 Lecture 3: What is Behavioural Economics Lecture 4 Lecture 4: A Brief History of Behavioural Economics Section 2: Section 2: Key Concepts of Behavioural Economics Lecture 5 Lecture 5: Prospect Theory and Regret Theory Lecture 6 Lecture 6: Loss Aversion and Endowment Effects Lecture 7 Lecture 7: Hyperbolic Discounting Lecture 8 Lecture 8: Framing Effects Lecture 9 Lecture 9: Heuristics Lecture 10 Lecture 10: Biases Lecture 11 Lecture 11: Empathy Gaps Lecture 12 Lecture 12: Bounded Rationality Lecture 13 Lecture 13: Choice Architecture Lecture 14 Lecture 14: Decision Points Section 3: Section 3: Principles of Behavioural Economics Lecture 15 Lecture 15 : Decision Making Under Uncertainty Lecture 16 Lecture 16: Social Norms and Social Preferences Lecture 17 Lecture 17: Consumer Behaviour Lecture 18 Lecture 18: Choice Overload Lecture 19 Lecture 19 : Self Control Lecture 20 Lecture 20 : Effect of Payment Mechanism on Spending Lecture 21 Lecture 21 : Power of Free Lecture 22 Lecture 22 : Priming Section 4: Section 4: Applying Behavioural Economics to Solve Problems Lecture 23 Lecture 23 : Applications of BE & Nudging Lecture 24 Lecture 24 : Reference-Dependent Preferences Lecture 25 Lecture 25 : Mental Accounting Lecture 26 Lecture 26 : Intertemporal Choice Lecture 27 Lecture 27: Neuroeconomics Lecture 28 Lecture 28 : Personality and Economics Lecture 29 Lecture 29 : Disclosure and Smart Disclosure Section 5: Section 5: The Future of Behavioural Economics Lecture 30 Lecture 30 : Critical Evaluation Lecture 31 Lecture 31 : Impact of Behavioral Economics This is an introductory course to behavioural economics and is meant for students at the level of undergraduate, postgraduate, MPhil and PhD, and professionals or faculty members, or any person with basic understanding and interest in economics and/or psychology.,Policymakers, business owners, consultants and other professionals with an interest in applying behavioural science to their work
