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Behavioral Economics
Central European Studies Program
Budapest, Hungary
Dates: 8/31/25 - 12/20/25
Behavioral Economics
OVERVIEW
CEA CAPA Partner Institution: Corvinus University of Budapest
Location: , Hungary
Primary Subject Area: Economics
Instruction in: English
Course Code: ECO 03B
Transcript Source: Partner Institution
Course Details: Level 300
Recommended Semester Credits: 2.5
Contact Hours: 56
Prerequisites: Having taken introductory courses in microeconomics, mathematics, and statistics is strongly recommended, though even a very basic understanding of university-level math/stats is sufficient.
DESCRIPTION
This Behavioral Economics course introduces bachelor students to the study of how psychological, cognitive, emotional, cultural, and social factors affect economic decisions of individuals and institutions, and how those decisions vary from those implied by classical economic theory. The course covers topics such as biases, heuristics, framing, other-regarding preferences, and the role of rationality in economic decisions. Through a combination of lectures, classroom experiments, student presentations, and problem sets, students will learn to apply concepts from behavioral economics.
Having taken introductory courses in microeconomics, mathematics, and statistics is strongly recommended, though even a very basic understanding of university-level math/stats is sufficient.
Corvinus University of Budapest awards credits based on the ECTS system (2 ECTS credits equals 1 U.S. credit therefore, 6 ECTS credits is equivalent to 3 U.S. credits). At Corvinus University of Budapest, all classes meet for a minimum of 180 minutes per week. Contact hours are calculated through a combination of lecture hours and outside activities which can include (workshops, seminars, fieldwork activities, guest lectures, and independent work) therefore, contact hours may vary on syllabi.
Having taken introductory courses in microeconomics, mathematics, and statistics is strongly recommended, though even a very basic understanding of university-level math/stats is sufficient.
Corvinus University of Budapest awards credits based on the ECTS system (2 ECTS credits equals 1 U.S. credit therefore, 6 ECTS credits is equivalent to 3 U.S. credits). At Corvinus University of Budapest, all classes meet for a minimum of 180 minutes per week. Contact hours are calculated through a combination of lecture hours and outside activities which can include (workshops, seminars, fieldwork activities, guest lectures, and independent work) therefore, contact hours may vary on syllabi.