About the Course

Behavioral Economics

Why is it so hard to hail a cab in the rain in New York City? Why do some people pay for annual gym memberships when they would save on a pay-as-you go basis? Integrate ideas from the social sciences with economics to understand how we act, make decisions, and play.

Explore and test a range of theories, maybe by using Tversky and Kahneman’s idea of Supposedly Irrelevant Factors to determine their applicability to your life and to qualitatively explain several classic behavioral economics scenarios. Later in the course, after studying E. Cartwright’s analysis of breakfast cereal choice, conduct your own parallel analysis to choose, for instance, a college or a dessert.

Individual and group activities provide a thorough introduction to behavioral economics and its implications for public policy.

Fall and Spring Time Commitment: 4-5 hours per week (1-hour of class time, 3-4 hours of independent work).
Summer Time Commitment: 12-15 hours per week (3-hours of class time, 9-12 hours of independent work).
 

Course Overview

Classes

Register for an Online course by selecting an open class below. If no open classes are listed, then course enrollment is currently closed. Note: You will need to have an active CTY Account to complete registration through MyCTY.

Mondays, Wednesdays, and Fridays
-
3 weeks
9:00 a.m. (ET)
$1,325
Enroll
Mondays, Wednesdays, and Fridays
-
3 weeks
9:00 p.m. (ET)
$1,325
Enroll
Mondays, Wednesdays, and Fridays
-
3 weeks
9:00 p.m. (ET)
$1,365
Enroll

Testing and Prerequisites

  Math Verbal
Required Level CTY-Level or CTY-Level
Check your eligibility using existing test scores If you do not have existing test scores:

Students must achieve qualifying scores on an advanced assessment to be eligible for CTY programs. If you don’t have qualifying scores, you have several different testing options. We’ll help you find the right option for your situation.

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Course Prerequisites

Behavioral Economics requires:

1 prerequisite

Algebra 2. Previous exposure to economics is not assumed; students can build upon any prior experience.

Cost and Financial Aid

  • Tuition
    • Varies
  • Application fee
    • Nonrefundable Application Fee - $15 (Waived for financial aid applicants)
    • Nonrefundable International Fee - $20 (outside US only)
Financial Aid

CTY Financial Aid Availability for Online Programs:

Academic Year 2023-24 (Course start dates July 1, 2023- June 30, 2024): We have concluded our financial aid application review process for Academic Year 2023-2024 Online Programs.

Academic Year 2024-25 (Course start dates July 1, 2024- June 30, 2025): Financial Aid funding is currently available for all eligible students while funding lasts. If interested in applying for financial aid, please select a course with start date of July 1, 2024 or later.

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Course Materials

Please acquire all course materials by the course start date, unless noted as perishable. Items marked as “perishable” should not be acquired until the student needs them in the course. If you have questions about these materials or difficulty locating them, please contact [email protected].
 

Book Title: Behavioral Economics: The Basics
Author: P. Corr and A. Plagnol
ISBN: 978-1138228917

Technical Requirements

This course requires a computer with high-speed Internet access and an up-to-date web browser such as Chrome or Firefox. You must be able to communicate with the instructor via email. Visit the Technical Requirements and Support page for more details.

This course uses a virtual classroom for instructor-student communication. The classroom works on standard computers with the Zoom desktop client, and on tablets or handhelds that support the Zoom Mobile app. Recorded meetings can only be viewed on a computer with the Zoom desktop client installed. The Zoom desktop client and Zoom Mobile App are both free to download.

About History and Social Science at CTY

Our online History and Social Science courses include the study of economics, U.S. history and government, world history, and psychology. Reading and writing are at the heart of all our offerings. Courses for older students cover material typically found in introductory college-level classes, while younger scholars enjoy studying world history and geography. All courses are guided by expert instructors who connect with you through virtual class meetings and interactive review workshops. Whichever course you choose, you’ll gain important insights into the inner workings of government, world civilizations, global culture, and the human mind.

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