Behavioral Economics Unit

Students will be able to

• Practice making financial decisions 
• Reflect on their personal values and how they can influence their financial decisions 
• Explore how values differ from person to person

Students will be able to

• Explain what a cognitive bias is and how it can cause someone to make irrational decisions, particularly around money 
• Explore and experience a variety of cognitive biases

Students will be able to

• Define common cognitive biases humans have and explain how they might influence someone’s financial decisions 
• Identify signs of cognitive bias 
• Explore steps someone can take to overcome cognitive bias

Students will be able to

• Practice making financial decisions 
• Reflect on their personal values and how they can influence their financial decisions 
• Explore how values differ from person to person

Students will be able to

• Explain what a cognitive bias is and how it can cause someone to make irrational decisions, particularly around money 
• Explore and experience a variety of cognitive biases

Students will be able to

• Define common cognitive biases humans have and explain how they might influence someone’s financial decisions 
• Identify signs of cognitive bias 
• Explore steps someone can take to overcome cognitive bias