Kyiv School of Economics offers to take one course for free! The course starts tomorrow

Kyiv School of Economics offers a unique opportunity to take one course at Master program for free. Tomorrow the course in Behavioral Economics by Volodymyr Vakhitov starts, we invite all students who are interested to join!

If you successfully complete the course, you will get a KSE certificate. Students will be provided with electronic copies of all reading and teaching materials.

The classes will be held every Tuesday and Thursday at 10.30 at Kyiv School of Economics.

Course duration – 7 weeks.

Language – English.

The first class is scheduled for tomorrow, March 15, at 10.30.

If you can not attend the first lecture, but want to take the course please register and join later. The first lecture will be recorded and you will be able to watch it.

About the course. Classical models of decision making are based on assumptions which often cannot be supported in everyday human behavior, such as rationality of choice, ability to calculate various risks and pick the best alternative from among several ones, ability of different people to make similar decisions in similar situations, etc. Recent studies in experimental and behavioral economics, as well as in neuroscience assertively oppose validity of such assumptions. Decision making process appears to be affected by emption, framing, various psychological and behavioral biases and numerous heuristics methods (shortcuts which facilitate the search for an acceptable decision). Consequently, such decisions are not always optimal, rigorously speaking, but, rather, “acceptable”, given personal characteristics of an individual. In other words, economic agents demonstrate “bounded rationality” when (not always correctly) assessing uncertain causes and outcomes of their actions.

In our course we will study how “bounded rationality” affects the process of making economic and financial decisions under uncertainty, and will learn, how to recognize and use possible biases to minimize risks and possible losses. Besides, this knowledge might help in constructing more realistic strategies in sales, investment and personnel management. In general, the set of skills acquired in this course will give clear competitive advantage on the job market, as such a course is not universally proposed in most universities.

Location: Kyiv School of Economics, 92-94 Dmytrivska street, 4th floor.

Due to high demand registration is closed.