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as of 6/24/2019

RETIREMENT SAVING AND SPENDING OVER THE LIFECYCLE
Country - Partner Institution - Programs: Australia - University of New South Wales - 'Australian Universities'
UC Course SubjectEconomics
Number & Suffix: 106
Full UC Title: RETIREMENT SAVING AND SPENDING OVER THE LIFECYCLE 
Transcript Title: RETIREMENT SAVING 
UC QTR Units - Division: 6.0 - Upper Division 
Course Description: This course examines saving and spending decisions by individuals and households over the lifecycle in the context of national retirement savings and incomes policies. The lifecycle model of saving and consumption provides the basis for analysis of individual decision making before and after retirement. This is augmented with an examination of economic and financial risks facing both individuals and product providers before and after retirement. The course also examines behavioral explanations for deviations from rational behavior as predicted by the lifecycle model. Topics covered include: a taxonomy of the lifecycle; lifecycle theories of consumption and saving; human capital and the retirement decision; risks facing individual retirees and providers of retirement income products; market failure in the retirement benefit market; and behavioral explanations for non-rational behavior including myopia, procrastination, complexity, and framing. 
Language of Instruction: English
 
Partner Title: RETIREMENT SAVING AND SPENDING OVER THE LIFECYLE 
Partner University Department: Economics 
Partner University Course Number: ECON3117