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.

Behavioral Economics Concentration

BEPP 220Behavioral Economics, Markets, and Public Policy1
OIDD 290Decision Processes1
Complete two course units of BHEC electives2
Public Finance and Policy.
Risk Management
Decision Making Under Uncertainty
FNCE 239
Consumer Behavior
Marketing for Social Impact
Risk Analysis and Environmental Management
Advanced Negotiation
Advanced Decision Systems: Evolutionary Computation
The Science of Behavior Change
Judgment and Decisions
Other Wharton Requirements33
Total Course Units37

Other Wharton Requirements

First-Year Foundations
ECON 010Introduction to Economics for Business 11
MATH 104Calculus, Part I1
or MATH 110 Calculus for Wharton Students
Critical Writing Seminar1
Business Breadth (non-concentration courses)3
Leadership Journey
WH 101Business and You0.5
WH 201Business Communication for Impact0.5
WH 3010.5
Capstone Course/Project0.5
ACCT 101Accounting and Financial Reporting1
ACCT 102Strategic Cost Analysis1
BEPP 250Managerial Economics1
FNCE 100Corporate Finance1
FNCE 101Monetary Economics and the Global Economy1
LGST 100Ethics and Social Responsibility1
or LGST 101 Law and Social Values
MGMT 101Introduction To Management1
MKTG 101Introduction to Marketing1
OIDD 101An Introduction to Operations, Information and Decisions1
STAT 101Introductory Business Statistics1
STAT 102Introductory Business Statistics1
Global Economy, Business & Society
One course unit required1
Technology, Innovation & Analytics
One course unit required1
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
Natural Science, Math & Engineering
Social Science
Cross-Cultural Perspectives
Select 3 courses 23
Unrestricted Electives
Select five courses5
Total Course Units33

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.