Behavioral economics has expanded since the 1980s, but it has a long history: According to Thaler, some important ideas in the field can be traced back to 18th-century Scottish economist Adam Smith.

Smith put this core concept in economics to the test, and through experiments wasn’t only able to show that it works, but also proved how. And so, the field of experimental economics was born. While ...

The Master of Science in Economics degree program introduces students to advanced concepts related to markets, industrial and labor organizations, governmental activities, ownership rights and income ...