221.617.01 BEHAVIORAL ECONOMICS IN HEALTH DECISIONS
Guides students to challenge superficial intuitive judgments that are attractive because they make obvious sense but overlook important considerations that demand more analytical assessment. Human behaviors that then come into play in a more careful analysis are examined for their legitimacy and reasonableness in resolving questions that are traditionally considered to be economic in nature. Where behavioral factors are recognized as relevant we develop ways to blend them with economic perspectives and methods to design balanced action strategies.
Upon successfully completing this course, students will be able to:
employ formal principles of decision analysis for appraisal of alternative courses of action;
identify and evaluate the appropriateness of behaviors that commonly affect courses of action that go beyond the application of principles of classical economics;
integrate economic and behavioral considerations globally into sound courses of action in practical situations covering varied political settings and income levels.
- Wednesday 8:30 - 10:20
Introduction to Microeconomics (313.639) and Biostatistics (140.611 or 140.621) or equivalent