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EC4406 Experimental Economics

SCOTCAT credits:20
Academic year(s):2017/8
Level:
SCQF Level 10
Semester:2
Planned timetable:To be arranged.

The purpose of this module is to expose students to the methodology of experimental economics and to give an overview of some of its uses in different areas of economics. The areas of experimental economics covered are the study of markets, the study of public choice issues, and individual choice behaviour. The module is designed so as to allow the student hands-on experience of participating in demo experiments in the tutorials/laboratories. Students' understanding of key economic concepts will be deepened through the lens of experimental economics. The module will develop students applied skills as students will learn how to summarize and interpret data from an economics experiment.

Place in programme(s) and relationship to other modules

Undergraduate

Optional for all Economics degrees, Financial Economics, BA (Int Hons) Economics

UG Anti-requisite(s):EC4506, EC4606

Learning and teaching methods and delivery

Weekly contact:20 hours of lectures over 11 weeks, 1-hour tutorial (x 5 weeks) plus 1 office hour (x 12 weeks).
Total module hours:
  • Scheduled learning: 25
  • Guided independent study: 175

Assessment pattern

UG As defined by QAA:
  • Written examinations: 100%
  • Practical examinations: 0%
  • Coursework: 0%
UG As used by St Andrews:2-hour Written Examination = 50%, Coursework (incl. 2 x Class Tests 25%) = 50%
UG Re-assessment:2-hour Written Examination = 100%

Personnel

Module coordinator:Prof M Costa-Gomes
Module teaching staff:Prof M Costa-Gomes