Unit 1: What Is Behavioral Economics?
Duration of Days: 9
The difference between traditional and behavioral economics
That people are not always rational decision-makers
How bounded rationality and bias shape choices
Analyze real-world decision-making scenarios
Reflect on their own choices and habits
Compare predicted behavior to actual behavior
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Written reflection: “A decision I regret—and why I made it”
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Scenario-based analysis task
| Lesson # | Lesson Title | Duration of Days |
|---|---|---|
| 1 | Are Humans Rational? | 2 |
| 2 | Predictably Irrational | 3 |
| 3 | Bounded Rationality & Everyday Choices | 4 |