May 11, 2025  
Rensselaer Catalog 2021-2022 
    
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Rensselaer Catalog 2021-2022 [Archived Catalog]

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ECON 4350 - Microeconomics of Decision-Making

This course will examine alternative models of economic and non-economic decision-making. The course will cover models of rational decision-making under certainty and uncertainty, bounded rationality, preference-based approaches (e.g., loss aversion, ambiguity aversion, disappointment aversion), and heuristic decision-making. The emphasis throughout will be on the proper interpretation of more general models of decision-making as well as real-world applications.

Prerequisites/Corequisites: ECON 2010 or ECON 2020 and MATH 2010.

When Offered: Spring term annually.



Cross Listed: ECON 6350.


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