Experimental & Behavioural Economics - ECO00028H

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  • Department: Economics and Related Studies
  • Credit value: 20 credits
  • Credit level: H
  • Academic year of delivery: 2022-23

Module will run

Occurrence Teaching period
A Autumn Term 2022-23 to Spring Term 2022-23

Module aims

Experimental and Behavioural Economics will consider both traditional theories and models of economics as well as alternative theories, for example by relaxing orthodox assumptions. This module will link theory with empirical implications and aims to provide an insight into the contribution of experimentation to modern economics.

Module learning outcomes

On successful completion of the module, a student will understand:

  • what areas and aspects of economics -- behavioural or otherwise -- can be subject to experimentation
  • the kind of information that can be provided by experiments
  • the main methodological issues in designing and running an experiment
  • through the group project assessment, a student will have some significant experience of working as a researcher

Indicative assessment

Task % of module mark Group
University - project 100 Default
Online Exam -less than 24hrs (Centrally scheduled) 100 B

Special assessment rules

None

Indicative reassessment

Task % of module mark Group
University - project 100 Default
Online Exam -less than 24hrs (Centrally scheduled) 100 B

Module feedback

Assessment and programme information is available through the VLE. Feedback and guidance will consists of formative work in form of a literature review in week 3, seminars in week 7, guided workshops on running on experiments in week 9 (all of Autumn Term), and tailored guidance through additional workshops and group (project) specific office hours in the Spring and Summer Term.

Indicative reading

There is no textbook for this module as such. Instead, extensive lists of references will be provided with each lecture. All of this will be provided on the VLE. For preliminary and additional reading students may want to consider the following books:

  • Bardsley, N. et al. (2009), Experimental Economics, Princeton University Press, ISBN-10: 0691124795
  • Wilkinson, Nick (2007), An Introduction to Behavioural Economics, Palgrave Macmillan, ISBN-10: 0230532594