Behavioral economics for social change

This course will examine the relationship between behavioural economics and social change. Individuals frequently make decisions that systematically depart from the predictions of standard economic models based on a purely rational model. Behavioral economics attempts to integrate the understanding of the psychology of human behavior into economic and policy analysis. The course will review the major themes of behavioral economics and address the implications for social policy and social change in a wide variety of domains, including social security, health care, labour, education and social welfare programmes. Pre-requisite: SOWK1001 Introduction to social administration or SOWK1002 Introduction to social work or SOWK1011 Introduction to social entrepreneurship and social innovation or SOWK1013 Introduction to social policy and development studies.