Behavioral Economics (MALKA220)

Master's course
For exchange students

Join this course to learn about the distinctions and key concepts in neoclassical economics, behavioral economics, and behavior analysis.

For the course with the same name at the Faculty of Social Sciences, please go to ØASØK4400 Behavioral Economics.

  • Admission requirements

    You must be admitted to a master's programme in the field of behavioral science. Upper level bachelor students in the field of psychology/behavioral science may apply for the course.

  • How to apply

    International exchange students select courses when applying for exchange.

    The application deadline is 15 April.

  • Course description

    This course will enable you to distinguish between neoclassical economics, behavioral economics, and behavior analysis, define key concepts such as bounded/unbounded rationality, discounting, game theory principles, and understand the impact of beliefs, biases, and heuristics on choice behavior. 

    You will be equipped to discuss various concepts within both standard economic models and behavioral economics, such as rationality and discounting, and analyze cognitive biases and heuristics in behavioral terms. 

    You will also gain competence in presenting the core principles of behavioral economics, discussing its contributions to the field, and presenting evidence-based research from this discipline.

    For information about this course, take a look at the course description (

  • Exam

    You will be assessed through two individually written assignments.

    Grading scale: A-F.

  • Costs

    There is no semester fee for exchange students.

Questions about this course?

You can contact us by e-mail if you have questions about this course.

Student stories

Julia sitting in front of a graffiti art wall.
Oslo has the perfect mix of city and nature

“In Oslo you can go hiking in the woods during the day and go out partying in the evening, ” says Julia, an exchange student from Germany.