1	Course Title:	BEHAVIORAL ECONOMICS
2	Course Code:	IUS2104
3	Type of Course:	Optional
4	Level of Course:	First Cycle
5	Year of Study:	2
6	Semester:	4
7	ECTS Credits Allocated:	4
8	Theoretical (hour/week):	3
9	Practice (hour/week) :	0
10	Laboratory (hour/week) :	0
11	Prerequisites:	None
12	Recommended optional programme components:	None
13	Language:	Turkish
14	Mode of Delivery:	Face to face
15	Course Coordinator:	Dr. Ögr. Üyesi MÜSLÜM BASILGAN
16	Course Lecturers:
17	Contactinformation of the Course Coordinator:	Yrd.Doç.Dr Müslüm BASILGAN Uludağ Üniversitesi İnegöl İşletme Fakültesi Uluslararası İşletmecilik ve Ticaret Bölümü. 0224 294 26 95- muslumbasilgan@uludag.edu.tr
18	Website:
19	Objective of the Course:	The main purpose of behavioral economics is to incorporate descriptive assumptions about cognitive skills, social interaction, motivation, emotional responses into economic models and determne the relationship of this for human behavior and economic outcomes.
20	Contribution of the Course to Professional Development

21

Learning Outcomes:

1 Be able to learn the main hypothesis of behavioral economics and empirical evidence supporting them.; 2 Be able to understand the differences between neoclassical and behavioral methods.; 3 Be able to understand the importance of behavioral economics in creating public policies.; 4 Realize how people actually behave in different markets and make choices.; 5 Understand how behavioral theories has been tested and applied empirically.; 6 Be able to see that the human model is shaped by homoeconomicus inadequate to explain real human behavior.; 7 Realize that people have altruistic tendencies.; 8 See that expected utility theory is not an adequate theory to explain real human behavior.; 9 See how emotion is important in economic behaviors.;

22	Course Content:

Week	Theoretical	Practical
1	The development of behavioral economics in the historical process
2	The interaction of economics and psychology
3	Behavioral decision theory
4	Decision making under risk and uncertainty
5	Prospect theory
6	Time inconsistency and self-control
7	Time inconsistency and self-control (continues)
8	Assessment and mid term exams
9	Emotion and Happiness
10	Heuristics and biases
11	Social preferences: the ultimatum and dictator
12	Behavioral finance
13	Behavioral finance (continues)
14	Homoeconomicus versus homosapiens

23	Textbooks, References and/or Other Materials:	Rabin, Matthew. “Psychology and Economics”, Journal of Economic Literature, 36(1), 1998: 11-46. DellaVigna, Stefano. “Psychology and Economics: Evidence from the Field”, Journal of Economic Literature, 47(2), 2009: 315-372 Kahneman, Daniel and Amos Tversky. “Prospect Theory: An Analysis of Decision under Risk”, Econometrica, 47(2), 1979: 263-29
24	Assesment

TERM LEARNING ACTIVITIES	NUMBER	PERCENT
Midterm Exam	1	40
Quiz	0	0
Homeworks, Performances	0	0
Final Exam	1	60
Total	2	100
Contribution of Term (Year) Learning Activities to Success Grade		40
Contribution of Final Exam to Success Grade		60
Total		100
Measurement and Evaluation Techniques Used in the Course
Information

25

ECTS / WORK LOAD TABLE

Activites	NUMBER	TIME [Hour]	Total WorkLoad [Hour]
Theoretical	14	3	42
Practicals/Labs	0	0	0
Self Study and Preparation	14	2	28
Homeworks, Performances	0	0	0
Projects	0	0	0
Field Studies	0	0	0
Midtermexams	1	20	20
Others	0	0	0
Final Exams	1	30	30
Total WorkLoad			120
Total workload/ 30 hr			4
ECTS Credit of the Course			4

26	CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS
PQ1 PQ2 PQ3 PQ4 PQ5 PQ6 PQ7 PQ8 PQ9 PQ10 PQ11 PQ12 LO1 2 5 5 4 0 0 5 5 0 4 0 0 LO2 0 0 0 4 0 0 5 0 0 0 0 0 LO3 0 0 0 4 0 0 5 0 0 0 0 0 LO4 2 0 0 4 0 0 5 0 0 4 0 0 LO5 3 0 0 4 0 0 5 0 0 3 0 0 LO6 0 0 0 0 0 0 0 0 0 0 0 0 LO7 0 0 0 0 0 0 0 0 0 0 0 0 LO8 0 0 0 0 0 0 0 0 0 0 0 0 LO9 0 0 0 0 0 0 0 0 0 0 0 0

LO: Learning Objectives

PQ: Program Qualifications

Contribution Level:

1 Very Low

2 Low

3 Medium

4 High

5 Very High