Suggested preparation: Introductory microeconomics and basic statistics.
About this course
Examine economic behavior when preferences and beliefs depart from simple textbook assumptions. Lectures discuss time, reference dependence, social motives and learning in decision-making.
Topics and lesson examples
- Lecture 1: Introduction and Overview I (14.13 Psychology and Economics
- Lecture 4: Time Preferences (Theory) II
- Mid-Term Review
- Lecture 16: Utility from Beliefs; Learning II
- Lecture 19: Defaults, Nudges, and Frames
Course at a glance
| Provider | MIT |
|---|---|
| Platform | YouTube · MIT OpenCourseWare |
| Access | Free Video |
| Level | Intermediate — WikiFree study-level assessment |
| Language | English |
| Available lessons | 24 |
| Video duration | 28h 35m · self-paced |
| Details checked | 10 October 2026 |
Preparation and study approach
Suggested preparation: Introductory microeconomics and basic statistics.
Follow the available videos in sequence, pausing to summarize the main argument or reconstruct a worked example. Keep a short list of assumptions, unfamiliar terms and questions to revisit. Additional reading, problem solving and practice will take time beyond the listed video duration.
Using this video classroom
Select a lesson from the list, or search for a topic. Previous and Next move through the sequence. You can mark lessons complete; progress is stored in this browser without a WikiFree account.
Free access and course scope
The public MIT OpenCourseWare videos in this classroom are free to watch. This listing provides the available playlist recordings, which may include selected lectures, recitations, demonstrations or supporting discussions rather than every component of the original campus course. Textbooks, equipment, software licenses, supervised labs, graded assignments and instructor feedback are not supplied by WikiFree. No purchase is required to watch the videos or use the note-based study approach above.
WikiFree independently organizes these resources for self-paced study. Watching does not award an MIT certificate, academic credit or admission to MIT.
Video provider and credit: MIT OpenCourseWare on YouTube. WikiFree titles, descriptions and cover artwork are independently prepared.
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Intermediate
Compare course focus, level and study time
| Course | Level | Focus | Study time |
|---|---|---|---|
| This course — Free MIT Course: Behavioral Economics and Decision-Making | Intermediate | Lecture 1: Introduction and Overview I (14.13 Psychology and Economics · Lecture 4: Time Preferences (Theory) II · Mid-Term Review | 28h 35m of video; practice time is additional |
| Free MIT Course: Game Theory for Economics | Intermediate | MIT Course: Game Theory for Economics | 31h 49m of video; practice time is additional |
| Free MIT Course: Development Economics and Evidence-Based Policy | Professional | Lecture 11: Demand for Health (Part 1) · Lecture 16: Land Markets (Part 1) · Lecture 19: Public Finance (Part 2) | 33h 35m of video; practice time is additional |
| Free MIT Course: Intermediate Microeconomic Theory | Intermediate | Exam #1 Review for Intermediate Microeconomic Theory · Lecture 12: Contract Application, Obstacles · Exam #2 Review for Intermediate Microeconomic Theory | 24h 6m of video; practice time is additional |
Provider: MIT. Videos play from the MIT OpenCourseWare channel on YouTube.
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