Behavioral economicsSyllabus

Subject code

İFS-2728y

Credits

6

Student workload

119

Semester

Spring semester

Academic year

2025-2026

Subject type

Elective

Form of education

Full-time

Language of instruction

English

In-class hours

a)30 hours are allocated to lectures and b)30 hours to practical classes

Out-of-class hours

Students’ independent work (SIW:) is 120 hours

The teaching of the subject “Behavioral economics” is planned to include 60 hours of classroom hours. Of these, 30 hours are allocated to lectures and 30 hours to practical classes. Students’ independent work (SIW:) is 120 hours. This includes (SIWUTL:) – the performance and submission of independent work, preparation for lectures, seminars, laboratory classes, colloquiums. Students are given 1 to 5 individual assignment topics or 2-5 students are given 1 independent task in groups. Each of the individual assignment topics is evaluated on a scale of 1-10 and constitutes a total of 10 points for the semester. If necessary, students may be given 1 individual assignment topics with a larger volume and scientific content. In this case, that individual assignment topics is evaluated on a 10-point scale. At the end of the semester, the student’s attendance in the subject is evaluated with 10 points, practical classes and colloquiums with 30 points, and independent tasks with 10 points. The remaining 50 points for the subject are determined by the exam. The teaching load is planned to be completed in the 2nd semester. The teaching of the subject results in an exam. The educational program provides for 6 credits for the subject.

• lecture
• interactive discussion
• seminar
• case study
• presentations
• teamwork

No learning outcomes have been added.

1. 1.
   Constitution of azerbaijan republic chapter iii. fundamentals of the legal status of a person, constitutional rights and freedom of citizens. §1. basic rights and freedoms of a person and a citizen. §2. types of basic rights and freedoms of a person and a citizen. civil rights.Lecture
2. 2.
   Man as an economic and social being.Lecture

   Man and the environment in the life activity of man in relation to the economic world. economic systems. fundamentals of individual behavior. models of man in economic theory. teachings about the life activity environment of man. economic systems of society: concept, content, classification

3. 3.
   Individual differences and personality.Lecture

   Factors that determine personality. personality types. other personality types related to organizational behavior. factors affecting individual behavior in organizations. gender economics. what is time preference? what is social preference?

4. 4.
   Self-control Lecture

   How does behavioral economics affect our daily lives? what is self-control? the importance of self-control. ideological-cultural education. labor and economic education. what is rationality? what is bounded rationality?

5. 5.
   Game or theory?Lecture

   Psychological phenomena and economic decision-making. game theory. prisoners' dilemma. the dictator game

6. 6.
   Does money control people or does people control money?Lecture

   Psychology of money. psychology of wealth and poverty psychology of employment and unemployment

7. 7.
   Entrepreneurial culture.Lecture

   The essence and importance of entrepreneurial culture. the emergence and development factors of the culture of entrepreneurial organizations. what is the halo effect? manipulation: 10 ways to influence people. robert cialdini and the 6 principles of persuasion

8. 8.
   The harmony of manifestation and regulation of social norms in society.Lecture

   System of social norms. the role of custom, tradition and morality in the establishment of law. alle's paradox

9. 9.
   Behavioral economics and public policy.Lecture

   Public policy on behavioral economics. why is behavioral economics important for public policy? behavioral economics techniques and public policy. applied behavioral economics. behavioral economics and economic policy. main results.

1. 1. book behavioral economics and its applications edited by peter diamond and hannu vartiainen 2. book review: a brief introduction to behavioral economics: founding thinkers (eren kırmızıaltın) 3. https://www.researchgate.net/publication/254459050 4. https://www.researchgate.net/publication/24117981_introduction_to_behavioral_economics_and_its_applications 5. https://mgimo.ru/upload/iblock/c06/32waa4m9952kimyu8hgkp2jr020blhd0/povedencheskaya-ekonomika.pdf 6. https://baguzin.ru/wp/den-arieli-povedencheskaya-ekonomika/ 7. https://baguzin.ru/wp/den-arieli-povedencheskaya-ekonomika/ 8. https://niftiyevibrahim.blogspot.com/2017/02/ricard-teyler-deviant-davrans-davrans.html#more 9. https://elar.urfu.ru/bitstream/10995/100714/1/m_th_p.m.yakovleva_2021.pdf 10. https://www.ted.com/talks/alex_laskey_how_behavioral_science_can_lower_your_energy_bill#t-406456 11. https://www.studysmarter.co.uk/explanations/microeconomics/economic-principles/behavioural-economics-and-public-policy/ 12. https://ahaslides.com/en/blog/strategic-thinking-skills/ 13. https://www.economicsonline.co.uk/behavioural_economics/introduction-to-behavioural-economics.html/ 14. https://www.researchgate.net/publication/325875101_understanding_behavioral_economics_a_narrative_perspective 15. https://kpfu.ru/pdf/portal/oop/50215.pdf 16. https://kpfu.ru/pdf/portal/oop/42233.pdf 17. https://dergipark.org.tr/en/download/article-file/788222