ECON3020 - Experimental Economics
The module will familiarize you with experiments in economics. It will cover experimental techniques (design, subjects, laboratories, conducting, data analysis) as well as applications (ultimatum bargaining, risk aversion, competitive markets, oligopoly, (social) learning, auctions, labour markets).
After completing the module, you should be able to
critically assess experimental designs and results. You will also learn
how to use experimental methods yourself and you will get an overview
of some of the most important existing results.
|Assessment:||20 hours of lectures and 4 compulsory tutorial classes with accompanying coursework. There will be a 2-hour unseen written examination in Term 3.|
||3rd year Economics (L100) and Econ/Stats (LG13) students.|
|Prerequisites:||ECON2001: Microeconomics. It is recommended also to take ECON3014: Game Theory.|