Free MIT Course on Economics & Psychology

I recently found a free economics and psychology course offered by MIT. Below is a course description and link. Enjoy.

Course Description:

This course integrates psychological insights into economic models of behavior. It discusses the limitations of standard economic models and surveys the ways in which psychological experiments have been used to learn about preferences, cognition, and behavior. Topics include: trust, vengeance, fairness, impatience, impulsivity, bounded rationality, learning, reinforcement, classical conditioning, loss-aversion, over-confidence, self-serving biases, cognitive dissonance, altruism, subjective well-being, and hedonic adaptation. Economic concepts such as equilibrium, rational choice, utility maximization, Bayesian beliefs, game theory, and behavior under uncertainty are discussed in light of these phenomena.

Click here for Free MIT Course

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12. August 2008 by Miguel Barbosa
Categories: Complex Systems, Curated Readings | Leave a comment

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