Course Description   This program integrates emotional insights into financial models of behavior. It discusses the limitations of standard financial designs and reviews the ways in that mental experiments have been accustomed read about needs, cognition, as well as behavior. Topics include: trust,vengeance, fairness, impatience, impulsivity, bounded rationality, understanding, reinforcement, traditional conditioning, loss-aversion, over-confidence, self-serving […]

Course Description   Game Theory is a misnomer for Multiperson Decision Principle, the analysis of circumstances in that payoffs to agents depend upon the behavior of different agents. It comprises of the researching of conflict, cooperation, and also (tacit) communication. Game theory has applications in several areas, really as economics, politics, legislation, biology, as well […]

Course Description   This subject considers 3 subjects of macroeconomics that are live and additionally controversial for insurance policy today. The subjects are: economic development – the parts of capital accumulation, increased education, and also technical improvements in determining economic growth; discounts – the end result of national and professional debt on economic growth; as […]

Course Description   This class gifts microeconomic principle as well as applications of consumer and additionally music producer behavior and benefit analysis at just an intermediate level. In addition to standard

Course Description   This introductory course teaches the basics of microeconomics. Topics even include consumer theory, producer theory, the behavior of companies, market balance, monopoly, as well as the role of the national in the economy. 14.01 is a Humanities, Arts, and Personal Sciences (HASS) elective and also is offered both terms.    Lecture Notes