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EIF3004 BEHAVIORAL ECONOMICS
3 Credits
Pre-requisite Passed EIA2007 Microeconomics II
Learning At the end of the course, students are able to:
Outcomes
1. Determine the missing behavioral elements of traditional economic models.
2. Describe the behaviourist approaches to economic models.
3. Apply the main concepts of behaviour to a variety of other economic fields.
Synopsis This course considers the traditional theories and models of economics and analyzes how
behavioral economics begins to move away from these models by relaxing traditional
assumptions. It also analyzes the connection between economics and behavioral sciences.
This course aims to provide a grounding main area of study within preferences and choice,
beliefs and biases, choice under uncertainty, mental accounting, and game theories.
Medium of English
Instruction
Assessment Continuous Assessment : 50%
Weightage Final Examination : 50%
EIF3005 DIGITAL ECONOMICS
3 Credits
Pre-requisite None
Learning At the end of the course, students are able to:
Outcomes
1. Demonstrate understanding on the basic theory of digital economics.
2. Examine policy issues related to digital markets.
3. Explain the impact of digitalization on the society, the economy and regulatory
framework.
Synopsis The digitization of the economy without doubt has transformed individuals life and
businesses operation. It also post many policy challenges and inability to understand the
operation of digital market will lead to ineffective policy formulation. This course will take
students to the journey of understanding the digital economics and its impact on the
society, regulation and the economy. The first part covers basic theory in digital economics
including network effects, value creation models, digital business models. Part two studies
how the digital economy influences societies, environment, regulations and the economy
at the macro level.
Medium of English
Instruction
Assessment Continuous Assessment : 60%
Weightage Final Examination : 40%
