Бакалавриат
2026/2027
Финансовое поведение домохозяйств: теория и исследования
Статус:
Курс обязательный (Социология)
Кто читает:
Департамент социологии
Где читается:
Факультет социальных наук
Когда читается:
3-й курс, 1, 2 модуль
Охват аудитории:
для всех кампусов НИУ ВШЭ
Язык:
английский
Кредиты:
5
Контактные часы:
56
Course Syllabus
Abstract
The «Household Finance: Theory and Research» Bachelor Program is developed according to the standard educational requirements of the Federal State Autonomous Educational Institution of Higher Education «National Research University «Higher School of Economics» (HSE). Students are supposed to be familiar with Probability Theory and Statistics and Economics.
Learning Objectives
- The main goal of this unit is to develop a critical, reflexive, and interdisciplinary approach to key problems in contemporary research on financial behaviour of households.
- To know theoretical models of household saving behaviour which are developed in economic theory, economic psychology and economic sociology
- To develop analytical skills to understand and interpret macro and micro statistics on household incomes and finance, and produce evidence based arguments
- To have an overview of the results of empirical research on consumer finance studies
- To develop research-related skills - to evaluate different research designs and methods, to formulate researchable questions, to construct questionnaire/interview guide, to write analytical reports using the data from national surveys or official statistics
Expected Learning Outcomes
- to develop analytical skills to understand how macro and micro statistics on household finance is collected and how to interpret it to develop evidence based arguments
- to get acquainted with different empirical strategies to identify causal effects (for example, instrumental variables, differences-in-differences, structural estimation, and field experiments)
- to know conceptual and operational definitions of financial literacy and financial capability, as well as the results of international comparisons of financial literacy of individuals
- to have an overview on financial markets and retail finance, the institutional landscape and their product lines, including FinTech and digital finance as recent innovations
- to understand theoretical explanations of household financial behaviour which are developed in economic theory
- to understand theoretical explanations of household financial behaviour which are developed in economic psychology
- to understand theoretical explanations of household financial behaviour which are developed in behavioural economics
- to understand theoretical explanations of household financial behaviour which are developed in social economics and economic sociology
- to understand the notion of over indebtedness, measurement tools, causes and long-run macroeconomic implications of the rise in household indebtedness.
- to know empirical research on pension wealth and household savings, and studies on retirement adequacy
- to understand household finance as an important multidisciplinary research area that studies the behavior and decision-making of households in financial markets
Course Contents
- Consumer finance as a multidisciplinary research area
- Financial markets and retail finance: institutional landscape and their product lines
- How the causes of human behaviour can be revealed in experimental and observational research
- Major conceptual definitions, empirical indicators and existing data sets in household finance research
- Economic theories of consumption and savings
- Economic Psychology of household financial behavior
- Behavioral approach in household finance
- Economic sociology of household finance
- Financial literacy
- Consumer lending and over-indebtedness
- Financial vulnerability of households
- Retirement savings
- Trust to financial institutions and savings
- Fintech and Financial Inclusion
Assessment Elements
- Class participation
- Mid-term exam
- Presentation
- ExamExam tests all knowledge and skills mastered during the course. The passing final grade for the course is announced after the final exam in December. The passing final grade could not be bigger than 40 marks or smaller than 25 marks depending on the overall results of students’ cohort. In case of unsatisfactory final grade in 100 - point scale for the course, a satisfactory grade in 10 - point scale is given if a student has received high grade for exam (60 marks or more). In order to get a passing grade for the course, the student must sit (all parts) of the examination.
Interim Assessment
- 2026/2027 2nd module0.25 * Presentation + 0.4 * Exam + 0.2 * Mid-term exam + 0.15 * Class participation
Bibliography
Recommended Core Bibliography
- Advances in economic psychology, , 1997
- An introduction to behavioral economics, Wilkinson, N., 2012
- Behavioral corporate finance : concepts and cases for teaching behavioral finance, Shefrin, H., 2018
- Economic psychology, , 2018
- International comparisons of household saving, , 1994
- Jérôme Coffinet, & Christophe Jadeau. (2017). Household financial exclusion in the Eurozone: the contribution of the Household Finance and Consumption survey. IFC Bulletins Chapters. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.h.bis.bisifc.46.18
- Mental budgeting and the management of household finance. (2011). Journal of Economic Psychology, 32(4), 546–555. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsnar&AN=edsnar.oai.library.wur.nl.wurpubs.419402
- Pensions, savings and capital flows : from ageing to emerging markets, Reisen, H., 2000
- Saving for retirement : intention, context, and behavior, Clark, G. L., 2012
- The Elgar companion to consumer research and economic psychology, , 1999
- The psychology of saving : a study on economic psychology, Warneryd, K.- E., 2000
- Webley, P. (2001). The Economic Psychology of Everyday Life. Hove: Psychology Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=536848
Recommended Additional Bibliography
- Financial capability and asset development : research, education, policy, and practice, , 2013