ECTS - Judgement and Decision Making

Judgement and Decision Making (PSY314) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Judgement and Decision Making PSY314 General Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language English
Course Type Elective Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture.
Course Coordinator
Course Lecturer(s)
Course Assistants
Course Objectives This course aims to offer the students the experimental studies and findings related to the psychology of judgment and decision making, and try to explain the mechanisms and processes underlying decision making.
Course Learning Outcomes The students who succeeded in this course;
  • Have an in-depth and comprehensive understanding of the literature
  • Understand the broad spectrum of psychological research and thought
  • Are able to integrate the knowledge obtained in the course with other areas of experimental psychology
  • Have gained knowledge of the factors that affect decision making
  • Have developed the understanding of the mechanisms of judgment and decision making.
Course Content Judgments, decisions and rationality, judgmental distortions, heuristics, decision making under risk and uncertainty.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Introduction and Overview: Judgments, Decisions, and Rationality Assigned reading: Chapter 1
2 The Nature and Analysis of Judgment. Assigned reading: Chapter 2
3 Judging Probability and Frequency. Assigned reading: Chapter 3
4 Judgmental Distortions: The Anchoring-and-Adjustment Heuristic and Hindsight Bias. Assigned reading: Chapter 4
5 Assessing Evidence and Evaluating Arguments. Assigned reading: Chapter 5
6 Covariation, Causation, and Counterfactual Thinking. Assigned reading: Chapter 6
7 Decision Making under Risk and Uncertainty Assigned reading: Chapter 7
8 Preference and Choice. Assigned reading: Chapter 8
9 Confidence and Optimism. Assigned reading: Chapter 9
10 Judgment and Choice over Time. Assigned reading: Chapter 10
11 Dynamic Decisions and High Stakes: Where Real Life Meets the Laboratory. Assigned reading: Chapter 11
12 Risk Assigned reading: Chapter 12
13 Decision Making in Groups and Teams. Cooperation and Coordination. Assigned reading: Chapter 13,14
14 Intuition, Reflective Thinking, and the Brain. Assigned reading: Chapter 15
15 Final Examination Period Review of Topics
16 Final Examination Period Review of Topics

Sources

Course Book 1. Judgment and Decision Making: Psychological Perspectives, David Hardman, BPS Blackwell, 2009
Other Sources 2. The Psychology of Judgment and Decision Making, Scott Plous, McGraw - Hill, 1993

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments - -
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 50
Final Exam/Final Jury 1 50
Toplam 2 100
Percentage of Semester Work 50
Percentage of Final Work 50
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 They acquire the skills to understand, explain, and use the basic concepts and methods of economics.
2 Acquires macro-economic analysis skills.
3 Acquire microeconomic analysis skills.
4 Understands the formulation and implementation of economic policies at local, national, regional and/or global levels.
5 Learn different approaches to the economy and economic issues.
6 Learn qualitative and quantitative research techniques in economic analysis.
7 Improving the ability to use modern software, hardware and/or other technological tools.
8 Develops intra-disciplinary and inter-disciplinary team work skills. X
9 Contributes to open-mindedness by encouraging critical analysis, discussion, and/or lifelong learning.
10 Develops a sense of work ethics and social responsibility.
11 Develops communication skills.
12 Improving the ability to effectively apply knowledge and skills in at least one of the following areas: Economic policy, public policy, international economic relations, industrial relations, monetary and financial relations

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 16 4 64
Presentation/Seminar Prepration
Project
Report
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 8 8
Prepration of Final Exams/Final Jury 1 10 10
Total Workload 130