| Course Title: Special Topics: 'Behavioral Economics and Finance' |
| Start Date: 03/18/2021 End Date: 05/11/2021 |
| Term: Spring Semester 2021 |
| Description: Empirical research has located serious flaws in the concept of rational economic decision making and efficient markets. The evidence indicates that actual decision makers and markets deviate from expected rational outcomes frequently enough to require rethinking of the way decision makers think and markets behave, including unexpected market crashes and sustained market bubbles. This course is designed to examine new theoretical work that seeks to provide more accurate predictions of market behavior, improved assessments of underlying risk to portfolio holders, and better estimates of the underlying value of securities. |
| Distribution(s): III - Social Sciences , TP - Topics Course |
| Academic Level Of Course: Undergraduate | Credits:4.00 |
| Faculty | Phone | Email address |
| Satyananda Gabriel | 413-538-2818 | sgabriel@mtholyoke.edu |
| Meeting Dates | Method | Meeting days | Meeting times | Building name | Room | Frequency |
| 03/18/2021 - 05/11/2021 | Flex. Immersive Lecture | Monday | 08:00AM - 09:15AM | TBA | TBA | Weekly |
| 03/18/2021 - 05/11/2021 | Flex. Immersive Lecture | Tuesday and Thursday | 08:00AM - 09:00AM | Weekly | ||
| 03/18/2021 - 05/11/2021 | Flex. Immersive Lecture | Wednesday and Friday | 08:00AM - 09:45AM | Weekly |
| Requisite Courses | ||
| Prereq: Not open to first-year students in their first semester. | Take previously | Required |
| Comments |
| Additional Comments |
| Course Tags | ||
| MOD0002 | MOD-2: Courses meeting in Module 2 | This course meets in Module 2. |
| Cross-listed Sections |
| None |
| Course Availability | ||||
| Section status: Open | Capacity: 18 | Enrollment: 15 | Available: 3 | Waitlist: 0 |
BOOK INFORMATION
| Book List | Required | Publisher Full Price |
| Title: Misbehaving: The Making of Behavioral Economics Author: Thaler, Richard Copyright: 2015 Edition: Volume: ISBN: 9780393352795 Publisher: W. W. Norton |
Required | 16.95 |
| Title: Nudge: Improving Decisions About Health, Wealth, and Happiness Author: Thaler, Richard Copyright: 2009 Edition: Volume: ISBN: 9780143115267 Publisher: Penguin |
Required | 18.00 |
| Additional Book Comments |
| This is the complete book list for this class. |
| Instructor's comments about the book list: You may order your books online. The books will also be on reserve at the library. UPDATE(3/9/2021): Unfortunately, due to COVID-19 restrictions there will not be any copies available from the library to use on reserve. You will have to purchase physical copies of the Misbehaving title. The Nudge title is available online with limited use. Internet Archive is a digital library that provides free public access to digitized materials, including millions of books. The website recently revised their loan durations, stating: "Patrons now have a choice in selecting the loan period when they borrow a book. Patrons can choose a short-term access for 1 hour, or a longer 14-day loan. If we only have 1 copy of a book, it is only available for 1 hour loan. If we have more than one copy of a book, it can be checked out for either 1 hour or 14 days, depending on availability. If there are no copies available for 14-day loans, users can join a waitlist." Please note that each student must create an account with the Internet Archive to borrow the ebook. For this particular title, Nudge, there are two Internet Archive links that students might use, depending on availability. Please use the following links to access the Internet Archive ebooks: https://archive.org/details/nudgeim_tha_2008_00_2497 https://archive.org/details/nudgeimprovingde00thal |