Behavioral Economics, BS
This new collaborative field, behavioral economics, has provided an understanding of how people’s decisions deviate from “optimal” choices and the consequences of such deviations for consumers, managers, firms, and policy. This joint concentration between the Operations, Information, and Decisions Department and the Business Economics and Public Policy Department explores the behavioral aspects of economics and decision making.
This concentration provides students with the opportunity to develop an understanding of (a) the rational actor model, (b) modifications to that model that reflect the psychology of human behavior, and (c) implications of those modifications for decision-makers, markets, and public policy.
For more information: https://bepp.wharton.upenn.edu/programs/undergraduate/program-information1/behavioral-economics/
Behavioral Economics Concentration
| Code | Title | Course Units |
|---|---|---|
| BEPP 220 | Behavioral Economics, Markets, and Public Policy | 1 |
| OIDD 290 | Decision Processes | 1 |
| Complete two course units of BHEC electives | 2 | |
| Public Finance and Policy. | ||
| Risk Management | ||
| Decision Making Under Uncertainty | ||
| Behavioral Finance | ||
| Consumer Behavior | ||
| Marketing for Social Impact | ||
| Risk Analysis and Environmental Management | ||
| Negotiations | ||
| Advanced Negotiation | ||
| Advanced Decision Systems: Evolutionary Computation | ||
| The Science of Behavior Change | ||
| Judgment and Decisions | ||
| Other Wharton Requirements | 33 | |
| Total Course Units | 37 | |
Other Wharton Requirements
| Code | Title | Course Units |
|---|---|---|
| First-Year Foundations | ||
| ECON 010 | Introduction to Economics for Business 1 | 1 |
| MATH 104 | Calculus, Part I | 1 |
| or MATH 110 | Calculus for Wharton Students | |
| Writing | ||
| Critical Writing Seminar | 1 | |
| Business | ||
| Business Breadth (non-concentration courses) | 3 | |
| Leadership Journey | ||
| WH 101 | Business and You | 0.5 |
| WH 201 | Business Communication for Impact | 0.5 |
| WH 301 | Teamwork and Interpersonal Influence | 0.5 |
| Capstone Course/Project | 0.5 | |
| Fundamentals | ||
| ACCT 101 | Accounting and Financial Reporting | 1 |
| ACCT 102 | Strategic Cost Analysis | 1 |
| BEPP 250 | Managerial Economics | 1 |
| FNCE 100 | Corporate Finance | 1 |
| FNCE 101 | Monetary Economics and the Global Economy | 1 |
| LGST 100 | Ethics and Social Responsibility | 1 |
| or LGST 101 | Law and Social Values | |
| MGMT 101 | Introduction To Management | 1 |
| MKTG 101 | Introduction to Marketing | 1 |
| OIDD 101 | An Introduction to Operations, Information and Decisions | 1 |
| STAT 101 | Introductory Business Statistics | 1 |
| STAT 102 | Introductory Business Statistics | 1 |
| Global Economy, Business & Society | ||
| One course unit required | 1 | |
| Technology, Innovation & Analytics | ||
| One course unit required | 1 | |
| Liberal Arts & Sciences | ||
| Second semester-level foreign language | ||
| General Education Distribution | ||
| Select 6 courses with at least 1 course unit in each of the following categories: | 6 | |
Humanities | ||
Natural Science, Math & Engineering | ||
Social Science | ||
| Cross-Cultural Perspectives | ||
| Select 3 courses 2 | 3 | |
| Unrestricted Electives | ||
| Select five courses | 5 | |
| Total Course Units | 33 | |
| 1 | For students who take ECON 001 Introduction to Micro Economics and ECON 002 Introductory Economics: Macro in place of ECON 010 Introduction to Economics for Business of these courses can be slotted for ECON 010 on the worksheet. The second course may be used to fulfill a General Education Distribution or Unrestricted Elective requirement. |
| 2 | Two can double-count as General Education Distribution courses. |
The degree and major requirements displayed are intended as a guide for students entering in the Fall of 2020 and later. Students should consult with their academic program regarding final certifications and requirements for graduation.