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Explore how psychological influences and biases affect the financial behaviors of investors and financial practitioners. Understand key concepts like loss aversion and herd behavior, and see how these theories can provide insights into stock market anomalies.
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Delve into the realm of normative economics, a perspective that reflects prescriptive judgments and imagined scenarios that explore what an economy ought to be. Understand the fundamental differences between normative and positive economics, and the influence of behavioral economics on public policies.
