13957 - Behavioural Economics Modulübersicht

Module Number: 13957
Module Title:Behavioural Economics
  Verhaltensökonomie
Department: Faculty 5 - Business, Law and Social Sciences
Responsible Staff Member:
  • Prof. Dr. oec. habil. Schnellenbach, Jan
Language of Teaching / Examination:English
Duration:1 semester
Frequency of Offer: Every winter semester
Credits: 6
Learning Outcome:After completing this module, students will be able to apply behavioural economic models to analyse individual decisions. They can integrate psychological research approaches into economic models. They can independently develop and master advanced research approaches in the field of behavioural economics and have a solid understanding of the basics of empirical, including experimental, research methods in the field of behavioural economics. Furthermore, they will be able to critically analyse and evaluate economic policy proposals with a behavioral economics perspective.
Contents:• Homo Economicus: The economic concept of human behaviour
• The economic theory of moral action
• Behavioural anomalies: an overview
• Bounded rationality
• Dealing with risk and uncertainty
• Prospect theory
• Heuristics: Curse or blessing?
• Fairness and social norms
• Economic happiness research
• Behavioural political economy
• Behavioural public economics
Recommended Prerequisites:Good knowledge of microeconomics.
Mandatory Prerequisites:No successful participation in the corresponding discontinued module 11814 Behavioral Economics.
Forms of Teaching and Proportion:
  • Lecture / 2 Hours per Week per Semester
  • Exercise / 2 Hours per Week per Semester
  • Self organised studies / 120 Hours
Teaching Materials and Literature:Foundational literature:
  • Angner, E. (2012). A Course in Behavioral Economics, Houndmills: Palgrave Macmillan.
  • Additional literature will be announced during the lecture.
In the exercise:
  • Wilkinson, N. and Klaes, M. (2012), An Introduction to Behavioral Economics. 2nd edition, Houndmills: Palgrave Macmillan.
Module Examination:Continuous Assessment (MCA)
Assessment Mode for Module Examination:
  • Term paper with a maximum of 15.000 characters incl. spaces (roughly 6 pages), 50 points
  • Final exam, 40 minutes, 50 points.
Evaluation of Module Examination:Performance Verification – graded
Limited Number of Participants:None
Part of the Study Programme:
  • Master (research-oriented) / Transformation Studies / PO 2024
Remarks:This module is a successor module to the module „Behavioral Economics (11814)". Students who have already passed the module cannot take the module "Behavioral Economics (13957)" again.
Module Components:Behavioral Economics (Lecture)
Behavioral Economics (Exercise)
Components to be offered in the Current Semester:
  • no assignment