Behavioral Economics in Action

Provided by:
9/10 stars
based on  18 reviews
Provided by:
Cost FREE , Add a Verified Certificate for $49
Start Date In Session

Course Details

Cost

FREE,
Add a Verified Certificate for $49

Upcoming Schedule

  • In Session

Course Provider

edX online courses
Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with edX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be tau...
Harvard University, the Massachusetts Institute of Technology, and the University of California, Berkeley, are just some of the schools that you have at your fingertips with edX. Through massive open online courses (MOOCs) from the world's best universities, you can develop your knowledge in literature, math, history, food and nutrition, and more. These online classes are taught by highly-regarded experts in the field. If you take a class on computer science through Harvard, you may be taught by David J. Malan, a senior lecturer on computer science at Harvard University for the School of Engineering and Applied Sciences. But there's not just one professor - you have access to the entire teaching staff, allowing you to receive feedback on assignments straight from the experts. Pursue a Verified Certificate to document your achievements and use your coursework for job and school applications, promotions, and more. EdX also works with top universities to conduct research, allowing them to learn more about learning. Using their findings, edX is able to provide students with the best and most effective courses, constantly enhancing the student experience.

Provider Subject Specialization
Sciences & Technology
Business & Management
21883 reviews

Course Description

How can we get people to save more money, eat healthy foods, engage in healthy behaviors, and make better choices in general? There has been a lot written about the fact that human beings do not process information and make decisions in an optimal fashion. This course builds on much of the fascinating work in the area of behavioral economics and allows learners to develop a hands-on approach by understanding its methods and more importantly, how it can be harnessed by suitably designing contexts to “nudge” choice.

In three modules, learners will be able to a). explain and interpret the principles underlying decision-making and compare the nudging approach to other methods of behavior change, b). learn how to critique, design and interpret the results of experiments; and c). design nudges and decision-tools to help people make better decisions.

Understanding experimental design and interpretation is central to your ability to tr...

How can we get people to save more money, eat healthy foods, engage in healthy behaviors, and make better choices in general? There has been a lot written about the fact that human beings do not process information and make decisions in an optimal fashion. This course builds on much of the fascinating work in the area of behavioral economics and allows learners to develop a hands-on approach by understanding its methods and more importantly, how it can be harnessed by suitably designing contexts to “nudge” choice.

In three modules, learners will be able to a). explain and interpret the principles underlying decision-making and compare the nudging approach to other methods of behavior change, b). learn how to critique, design and interpret the results of experiments; and c). design nudges and decision-tools to help people make better decisions.

Understanding experimental design and interpretation is central to your ability to truly use behavioral economics and will set you apart from people who merely know about the behavioral research. After the first two weeks learning the basic principles, we will devote two weeks to studying experimental design and analysis, and the final two weeks to understanding processes for designing nudges and for helping people make better decisions.

You will also witness and participate in weekly topical debates on various topics like “does irrationality impact welfare?” or “what strategy is better for improving welfare – nudging or education?” If you’ve been fascinated with the buzz surrounding behavioral economics but are not sure how to actually use it, this course is for you.

Several leading scholars, policy makers, business people, authors and commentators will briefly join our debate and discussion sections. These guest lecturers include Professor Sendhil Mullainathan (Harvard University), Professor John Lynch (University of Colorado), Rory Sutherland (Ogilvy Group), Owain Service (Behavioural Insights Team, UK Cabinet Office), Shankar Vedantam (NPR Columnist and Author – The Hidden Brain), Professors Andrew Ching, Avi Goldfarb, Nina Mazar, and Claire Tsai, Min Zhao (University of Toronto) and many others!

Reviews 9/10 stars
18 Reviews for Behavioral Economics in Action

Ratings details

  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars
  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars
  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars

Rankings are based on a provider's overall CourseTalk score, which takes into account both average rating and number of ratings. Stars round to the nearest half.

Sort By
Alicia Waters profile image
Alicia Waters profile image

Alicia Waters

10/10 stars
1 year ago
This course is EXACTLY what I'm looking for! Is it scheduled to run again soon? Are there subsequent courses that one could continue with, related to this specific platform/ institution/ instructor? Thanks!
Was this review helpful? Yes0
 Flag
student profile image
student profile image

student

10/10 starsTaking Now
1 year, 1 month ago
WE WANT THE COURSE! when it will be activated? Thank you It's so hot today!!! Economics, helath engagement and son on..c'mon guys...start one another
Was this review helpful? Yes0
 Flag
Robin Waters profile image
Robin Waters profile image

Robin Waters

10/10 starsTaking Now
1 year, 1 month ago
I too came across this course and see that it's unavailable. What is involved in restoring course access? When might that be done. Thank you! (A review is required so I've responded based on anticipation.)
Was this review helpful? Yes0
 Flag
Rosa Strube profile image
Rosa Strube profile image

Rosa Strube

10/10 starsTaking Now
1 year, 1 month ago
I'd also like to ask to reopen the course again - I'd be very interested in taking it and being able to receive a certificate. Thanks!
Was this review helpful? Yes0
 Flag
Cesar Tobias profile image
Cesar Tobias profile image

Cesar Tobias

5/10 starsTaking Now
1 year, 2 months ago
My name is Cesar from Monterrey Mexico, i need your help. Will this course be put online again? I'm interested in having several members of my team sign up?
Was this review helpful? Yes0
 Flag
Pedro Vieira profile image
Pedro Vieira profile image

Pedro Vieira

10/10 starsTaking Now
1 year, 3 months ago
I'm sure this is a very interesting course and it's a pitty that it is no longer available. Will this course be available again anytime in a near future?
Was this review helpful? Yes0
 Flag
Sarah Kex profile image
Sarah Kex profile image

Sarah Kex

10/10 starsTaking Now
1 year, 3 months ago
I also would love to get more insights into the topic of behavioural economics! Is it possible to reopen the course? If yes, when? It seems that there would be more participants happy about it
Was this review helpful? Yes0
 Flag
Aline Anginski profile image
Aline Anginski profile image

Aline Anginski

10/10 starsTaking Now
1 year, 3 months ago
Hello! Please, bring it back!! Why is not available anymore?? Is it possible? Do you have any ideia when is possible to take it??
Was this review helpful? Yes0
 Flag
Joseph Phalatsi profile image
Joseph Phalatsi profile image

Joseph Phalatsi

10/10 starsCompleted
1 year, 11 months ago
Hi!the behavioral economics course has broad more insight in to my daily life,economic decision making,I'm basically equipped with,decision points,models,self-control strategies and metering accounting system!I enjoy the course I'm grateful Joseph Phalatsi
Was this review helpful? Yes0
 Flag
Lilian Da Silva Bravo profile image
Lilian Da Silva Bravo profile image

Lilian Da Silva Bravo

10/10 starsCompleted
1 year, 11 months ago
I really enjoyed the course, it made me learn more about the economy and the behavior of people towards it.
Was this review helpful? Yes0
 Flag
Mirza Ibrahimovic profile image
Mirza Ibrahimovic profile image
8/10 starsCompleted
  • 12 reviews
  • 11 completed
2 years, 2 months ago
The course is an introduction to the field of behavioral economics. As the name implies, it's a branch of economics studying behavior. Why we do things and how we can affect behavior to our benefit. It's great for those interested in human habits, biases and such. It dedicates two weeks to each of the three parts of the course: principles, methods and applications. The first defines key principles, the second talks about methods used to gain insights and the last is about applying these principles. It is well presented with video, quizzes, reading materials and graphics throughout. A memorable aspect of the course are weekly "debates" where half a dusin professors discuss some relevant question. There is also a lengthy exam and a short writing assignment. Ultimately, the course is quite shallow with no technical work required. It's definitely a good way to get a feel for the topic. Although I found most parts enjoyable and i... The course is an introduction to the field of behavioral economics. As the name implies, it's a branch of economics studying behavior. Why we do things and how we can affect behavior to our benefit. It's great for those interested in human habits, biases and such. It dedicates two weeks to each of the three parts of the course: principles, methods and applications. The first defines key principles, the second talks about methods used to gain insights and the last is about applying these principles. It is well presented with video, quizzes, reading materials and graphics throughout. A memorable aspect of the course are weekly "debates" where half a dusin professors discuss some relevant question. There is also a lengthy exam and a short writing assignment. Ultimately, the course is quite shallow with no technical work required. It's definitely a good way to get a feel for the topic. Although I found most parts enjoyable and interesting, it's better suited to those in a managerial/planner role.
Was this review helpful? Yes0
 Flag
Manish M profile image
Manish M profile image

Manish M

10/10 starsCompleted
2 years, 3 months ago
The course is very interesting and makes you look at the world in a new way.Everywhere I look I see the possible applications of nudge strategies.
Was this review helpful? Yes0
 Flag
Dmytro Sawochkin profile image
Dmytro Sawochkin profile image
10/10 starsCompleted
  • 60 reviews
  • 55 completed
2 years, 4 months ago
Strong and powerful course, one of the best I've seen on the Internet. If you are interested in modern psychology & behavioral science, don't hesitate, and take the course. A lot of really useful material (even though, it you already studies behavioral science, you may be familiar with a lot of things), lot of additional recommendations, debates, and real attempt to make the course useful for practical purposes. Really good.
Was this review helpful? Yes0
 Flag
Student profile image
Student profile image

Student

10/10 starsCompleted
2 years, 6 months ago
Great, interesting, useful course. We can better understand how customers act and react, why they do what they do (and why they tend to ignore something or be lazy), how simple changes in display of a product in a store, or a rewritten sentence in a brochure can drastically change behavior. Very nice course, I really loved it, learned a lot.
Was this review helpful? Yes0
 Flag
Javier Cervantes profile image
Javier Cervantes profile image

Javier Cervantes

8/10 starsCompleted
2 years, 6 months ago
Good course for those who want to introduce themselves on the field of behavioural economics. It was a big disappointment to find out that no certificate of achievement is delivered at the end of the course, even if you passed, as opposed to what the edx platform advises, that all course come with them. You have to pay for the certificate in this case. The course could have been more interesting if a series of lecturers will have intervened along the lessons instead of just one. The debates were interesting on the first four lessons but somehow lack of strength on supporting the debated case on the last two lessons.
Was this review helpful? Yes0
 Flag
Abdou Djibo profile image
Abdou Djibo profile image

Abdou Djibo

10/10 starsTaking Now
2 years, 10 months ago
The course is very interesting and important, it's so good to teach this kind of course to help fund free education for everyone.
Was this review helpful? Yes0
 Flag
Rafael Pohle profile image
Rafael Pohle profile image

Rafael Pohle

10/10 starsCompleted
2 years, 10 months ago
A very interesting subject, which is a good completion to "conservative economics studies". The course was well presented and many-faceted.
Was this review helpful? Yes0
 Flag
Paul Hundal profile image
Paul Hundal profile image
10/10 starsCompleted
  • 138 reviews
  • 119 completed
2 years, 11 months ago
Economics is know as the dismal science but this course makes it a lot less dismal and actual goes deeply into a topic that is very important for human welfare. There is a lot of material to go through relative to other MOOCs but it is very solid information and I thought well worth it. The course is well organized, well presented, very thorough and intelligently designed. The grading system was completely fair and even though the final exam is challenging the pass mark is set low so you will pass if you view all the videos. There is lots of time provided to complete the work which is good because the course goes into depth on the key subjects without getting overly technical so its worth taking the time to take it all in.
Was this review helpful? Yes0
 Flag

Rating Details


  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars
  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars
  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars

Rankings are based on a provider's overall CourseTalk score, which takes into account both average rating and number of ratings. Stars round to the nearest half.