This class will explore how people make decisions under risk and uncertainty through interactive games. We will primarily focus on thinking about decision making through prospect theory and expected utility frameworks.

You've probably heard that correlation isn't causation. So, how do we prove that anything causes anything else? Luckily, econometrics has the tools for this. You'll learn some of the math and intuition behind econometric methods, such as regression, differences-in-differences, regression discontinuity, and instrumental variables. We'll also discuss papers that use these tools to answer questions like, "How does having children affect women's wages?" "How does increasing the minimum wage affect employment?" and "How do credit card limits affect peoples' spending?"