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Inviting Creative Thinkers to Our Free Online Behavioral Economics Course

March 18, 2024 by Karina Márquez - Indhira Ramirez Leave a Comment


Behavioral economics is now firmly established as an essential tool in everything from product design and marketing to education and law enforcement. The realization that people have cognitive biases and often make decisions irrationally is not only an important psychological insight. It has also opened up a whole new area of policy innovations over the last 15 years in which low-cost behavioral interventions, or “nudges,” play a critical role in commerce and steer people towards more savings, greater safety, and better health.  

The Inter-American Development Bank (IDB) has been responsible for critical innovations in the application of behavioral economics to Latin America and the Caribbean. It has helped policymakers design interventions that have boosted road safety, increased taxation, and lifted vaccinations rates, among numerous other areas where the relatively new field has improved lives.

Since 2020, the IDB has offered a course with a free, self-paced, and interactive curriculum that teaches basic behavioral economics principles to those new to the field, gives experienced practitioners ideas for applying their work, and provides instructors with materials they can share with their students. The course is not strictly theoretical, however. Included in its four modules are real-life cases in which students apply learned concepts and study implemented interventions and their consequences.

To date, more than 6,400 people have taken our course, which is available in Spanish, English, and Portuguese. We invite you to join the latest version of the course and deepen your understanding of behavioral economics and your ability to use it for socially productive ends. Registration for the course in Spanish or English must be done before March 26, and before August 27 if you wish to do it in Portuguese. We look forward to seeing you! 


Filed Under: Behavioral Economics

Karina Márquez

Karina Márquez is an economist specializing in behavioral sciences who works in the Behavioral Economics Group of the IDB's Research Department. She holds a master's degree in economics and behavioral science from the University of Warwick and a bachelor's degree in economics from the University of Piura. Prior to her current position, Karina gained valuable experience at the Peruvian Ministry of Education and at the think tank GRADE, where she focused on impact evaluation projects in the education, health, and finance sectors.

Indhira Ramirez

Indhira Ramirez is an economist specialized in behavioral sciences working at the IDB Behavioral Economics Group with a focus on Caribbean countries. She holds a master's degree in behavioral sciences from the London School of Economics and Political Science and a bachelor's degree in economics from the Instituto Tecnológico de Santo Domingo. With more than seven years of experience in international development, she has held research roles in applied economics in the areas of health, social protection, labor markets, and education at the World Bank and the IDB.

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