CPE Course Mr. Spock and Homer Simpson: The Two Sides of Human Economic Behavior

January 17, 2018

11:30AM — 3:00 PM

Location Webinar

Member Price $120.00
Non-member Price $188.00

Curriculum Continuing Education

Field of Interest

Level Beginning

Designed For

Professionals desiring a better understanding of human behavior while exploring the ideas of innovative economists in a rewarding and stimulating environment.

4.00 credits

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Objective

  • Learn why economists assume people are “rational” despite it sometimes being false.
  • Realize that humans are both Mr. Spock (rationa) and Homer Simpson (irrational), and how to optimize decisions from both.
  • Explore how to use various economic models and theories to explain human behaviors—the reactions to various policies and incentives.
  • Understand the principle of revealed preference; why there is usually a gap between what people say and what they do.
  • Gain an understanding of the critical importance of price theory: how prices transmit information, allocate resources and distribute income.
  • Learn why people cheat and learn the theory of fraud.
  • Debate the morality and ethics of various policies and issues facing citizens today.

Highlights

  • How parents decide to divide their wealth.
  • Is population growth a blessing or a curse?
  • Does the government deficit and the trade deficit hurt or help the economy?
  • Why do laundries charge less for men’s shirts than for women’s?
  • Do companies really plan obsolescence?
  • Why are shopping carts getting bigger?
  • Why is movie theater popcorn so expensive?
  • Should there be a free market in human organs?

Instructors

Prerequisites

None.

Developer

California Society of CPAs

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