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Economic Education for Understanding Economic Behavior

Author

Listed:
  • Druica Elena

    () (University of Bucharest)

  • Cornescu Viorel

    () (University of Bucharest)

  • Bratu Anca

    () (University of Bucharest)

Abstract

During the last 20 years, Romania has been passing important social and economic transformations and it is considered today as a developing country aiming to adjust its processes and features to those of UE countries. The significant increase in the number of bachelor programs supplied by various faculties is one of the issues we can refer to in order to explain the great interest paid to a proper economic education. The aim of this paper is to argue that, despite the big number of the economic programs, the Romanian curriculum is structured such that students can’t benefit from a proper understanding of Economic Behavior. The authors argue that Behavioral Economics should be included in curriculum as being the trigger in students’ awareness in respect to integrating some weaknesses of making economic decisions process.

Suggested Citation

  • Druica Elena & Cornescu Viorel & Bratu Anca, 2010. "Economic Education for Understanding Economic Behavior," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 627-632, May.
  • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:627-632
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    More about this item

    Keywords

    economic education; Romanian curriculum; behavioral economics; bounded rationality;

    JEL classification:

    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D79 - Microeconomics - - Analysis of Collective Decision-Making - - - Other
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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