Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
4İKT325Economics and Psychology2+0+02318.08.2026
Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program Economics
Type of Program Formal Education
Type of Course Unit Elective
Course Delivery Method Face To Face
Objectives of the Course To discuss the theories developed to explain the origins of phenomena such as economic decisions, choice, trust and consumption within the framework of the disciplines of psychology and economics.
Course Content The course discusses the philosophical, economic and psychological foundations of individual economic actions within the framework of current theories in Behavioral Economics.
Course Methods and Techniques Lectures, case studies, discussions, examples from literature and cinema
Prerequisites and co-requisities None
Course Coordinator Sekreter Turgay Bozan
Name of Lecturers None
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
Course Notes -

Course Category
Field %100

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 50
Final examination 1 % 50
Total
2
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 15 2 30
Mid-terms 1 30 30
Final examination 1 30 30
Total Work Load   Number of ECTS Credits 3 90

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 To have a command of theoretical and conceptual knowledge related to economics
2 To examine economic theories within the framework of economic science methods
3 To explain the relationships and differences between economic theories
4 To have basic knowledge about other disciplines that interact with the field of economics and to benefit from other disciplines in analy
5 To have basic knowledge about the rules of operation of human and social relations

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Introduction to Behavioral Economics - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
2 Intuitions and Prejudices - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
3 Beliefs and Markets That Move (In Accordance with Beliefs) - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
4 Risk Preferences - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
5 Prospect Theory - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
6 Applications of Prospect Theory (I) - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
7 Time Preferences - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
8 Mid-Term Exam - -
9 Self-control and Security Markets - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
10 Markets with Consumer Inattention - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
11 Changing Behaviors - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
12 Peer Influences and Status Anxiety - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
13 Gift Exchange and Taking Data Seriously - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
14 Presentation - Thaler, R. H. and Sunstein, C. S., (2009) Nudge: Improving Decisions About Health, Wealth, and Happiness
15 Final Exam - -
16 Final Exam - -

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12
All 3 4 2 3 2 3 3 2 2 2 3 3
C1 3 2 2 2 2 2 2 2 2 3 2 2
C2 2 2 2 3 3 2 2 2 3 3 2 2
C3 2 3 2 2 2 2 2 2 2 2 2 2
C4 2 2 2 2 2 2 2 2 2 2 2 2
C5 2 2 2 2 2 2 1 2 2 2 2 2

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant