Overview

This unit offers an introduction to experimental economics, its methods, applications, and scope to understand and affect everyday behaviour. Economic experiments have become a popular tool to test economic theory and to understand the causes for individual decisions, social decisions, and behaviours in markets. In this unit we provide examples … For more content click the Read More button below.

Offerings

S1-01-CLAYTON-ON-CAMPUS

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Professor Klaus Abbink

Learning outcomes

On successful completion of this unit, you should be able to:
1.

understand economic experiments as a scientific method

2.

understand the scope of economic experiments

3.

identify real situations in which experiments can be enlightening

4.

design an experiment capturing a real situation.

Teaching approach

Active learning

Assessment

1 - Within semester assessment
2 - Examination

Scheduled and non-scheduled teaching activities

Lectures
Tutorials

Workload requirements

Workload