Keio University Syllabus and Timetable

This course is for learning theoretical foundations of behavioral economics. In behavioral economics, researchers have been testing the assumption of economic man by surveys and experiments; and have been proposing new theories for economic behavior. These research methods and theories will be useful for understanding international differences in economic behavior and outcome such as economic growth and income distributions. This course mainly focuses on behavioral economic research on time preferences and attitudes toward risk. The students, especially those who are interested in applying behavioral economics to understand international economies, are encouraged to register for "International Economy and Behavioral Economics b" at the same time or in the future. (If you decide to take both courses at the same time, then it is important for you to understand that "International Economy and Behavioral Economics b" is a related but different course.)

The teaching method for this course is a flipped teaching. Remembering and understanding the materials are to be done outside the course by reading the slides and textbook (two copies of the book will be reserved for the course at the Keio University Library, but no electronic copy is available at the library: the library decided not to purchase because it was only available for university libraries as part of a collection of books.) Exercise questions and quizzes are given every week in principle, and three homework assignments (each assignment is given after about 4 classes) will be given. Surveys and experiments for the purpose of deepening the understanding are given every week in principle. The classroom time is only used for explaining important points you need to learn from surveys, experiments, exercise questions, etc. in the online meeting and answering questions about any of the course materials. It is desirable to attend the real time online class each week, but is acceptable to watch on-demand video of the class.

This course uses the K-LMS for surveys, experiments, quizzes, questions & answers, homework, and in-class final exam, and so on. It is important for the registered students to pay attention to the announcements made in the course's K-LMS.

The basic rule for the course is that no course credit is given to a student who fails to turn in any quiz or homework assignment by the deadline even though exceptions are made for valid reasons such as health and internet connection problems.

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Ogaki, Masao and Saori C. Tanaka. (2018). Behavioral Economics: Toward a New Economics by Integration with Traditional Economics. Springer. ISBN 978-981-10-6438-8.

Only two paper version copies of the textbook are available at he Keio University library. If you decide to purchase a copy, the textbook’s electronic version is recommended because some corrections were made after the first paper version of the textbook was published). The electronic version can be purchased at
https://link.springer.com/book/10.1007/978-981-10-6439-5

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