Jul 05, 2025  
Rensselaer Catalog 2025-2026 
    
Rensselaer Catalog 2025-2026
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ECON 4320 - Economic Models of Decision-Making


An exploration of models of decision-making under alternative assumptions, expanding on “rational” models of introductory economics. The course will discuss the assumptions of these standard models and their shortcomings. The shortcomings will be addressed through the exploration of limited attention and considerations of fairness, uncertainty, and strategic interaction. Applications in areas such as consumer and household finance, marketing, and public policy will be emphasized throughout.
 

Prerequisite: ECON 1200  or INQR 1200  

When Offered: OFFERED YEARLY

Co-Listed: ECON 6320  

Graded: GRADED

Credit Hours: 4



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