This is an interdepartmental program offered jointly by the Departments of Economics and Psychology.
The Behavioral Economics minor offers students a focused understanding of how psychological, social, cognitive, and emotional factors influence economic decision-making. This interdisciplinary program blends insights from economics and psychology to explore how individuals and organizations deviate from traditional economic theories of rationality. Students will engage with topics such as decision theory, biases, and behavioral game theory, equipping them with a well-rounded perspective on human behavior in economic contexts. The minor is ideal for students pursuing majors in economics, psychology, business, or any field where decision-making plays a key role.
Students who choose a Behavioral Economics minor gain unique insights into the complexities of human behavior, which complements traditional economics studies. This minor provides tools to better understand consumer behavior, policy impacts, and organizational decision-making, making it highly relevant for business, marketing, public policy, finance, and consulting careers. With a growing demand for professionals who can bridge the gap between theory and real-world behavior, this minor helps students stand out in a competitive job market while providing valuable analytical skills and a deeper understanding of the decision-making processes that shape the world around us.