December 14, 2023


4 Total CPE Credits


Webinar (CA): Mr. Spock and Homer Simpson: The Two Sides of Human Economic Behavior 2023

  • Instructor

    Ronald Baker

  • Instructor

    Daniel Morris

Learning Objectives

• Learn why economists assume people are "rational" despite it sometimes being false
• Realize that humans are both Mr. Spock (rational) 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

Major Topics

• 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?
• Do companies really plan obsolescence?
• Why are shopping carts getting bigger?
• Should there be a free market in human organs?

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Basic



Advanced Preparation

This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

CPAs, accountants, and other financial professionals looking to expand and update their understanding and knowledge of economic behavior. 


California CPA Education Foundation

Register For This Event

  • COCPA Member

    $ 159 159
  • COCPA Non-Member

    $ 209 209
    Your Price

Please login to register.