This course examines how some insights from psychology have been integrated into standard economic theory. Designed exclusively for professional analysts, the course will bring participants fully up to date with this rapidly developing field including the impact of heuristics/choice overload, reference dependent preferences, loss aversion, present bias and social preferences. By drawing on empirical results and applying recent theories in behavioural economics to real-world examples, participants will develop an understanding of the important lessons that this field of study can convey. Throughout the course, the implications for policy makers in both private and public organisations will be highlighted.
For details and to book: Behavioural Economics