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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2013/2014
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DRPS : Course Catalogue : School of Economics : Economics

Postgraduate Course: Experimental Economics and Finance (ECNM11053)

Course Outline
SchoolSchool of Economics CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityAvailable to all students
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) Credits10
Home subject areaEconomics Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionThe course introduces experimental economics and finance, with an eye toward preparing students to design experiments they can run themselves.

Topics lie in two spheres: experimental methodology and major findings of strands in the literature on experimental economics and finance.

* Experimental methodology: The goal is to enable students to design and run laboratory and field experiments successfully. This section comprises both procedures commonly recognised as good practice and issues for which there is - as yet - no clear consensus. Areas include ethical concerns involving human participants, motivation of subjects and statistical techniques.
* Strands of experimental research: The goals are twofold. First, to give students an overview of the literature in experimental finance and economics. Second, to enable students to identify promising areas for future experiments. Areas include experiments designed to test economics and finance theories, experiments designed to discover stylised facts, experimental work applied to policy questions, as well as work seeking to unify experimental results.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed:
Co-requisites
Prohibited Combinations Other requirements Must be registered for MSc Economics (PTMSCECNSG1F/P) & MSc Economics (Finance)(PTMSCECNF12F/3P) or by special permission of the Programme Director. Email sgpe@ed.ac.uk to enquire.
Additional Costs None
Information for Visiting Students
Pre-requisitesThis is a closed course and not open to visiting students.
Displayed in Visiting Students Prospectus?No
Course Delivery Information
Delivery period: 2013/14 Block 4 (Sem 2), Available to all students (SV1) Learn enabled:  No Quota:  0
Web Timetable Web Timetable
Course Start Date 24/02/2014
Breakdown of Learning and Teaching activities (Further Info) Total Hours: 100 ( Lecture Hours 18, Programme Level Learning and Teaching Hours 2, Directed Learning and Independent Learning Hours 80 )
Additional Notes
Breakdown of Assessment Methods (Further Info) Written Exam 100 %, Coursework 0 %, Practical Exam 0 %
No Exam Information
Summary of Intended Learning Outcomes
Knowledge of experimental methodology, literature in experimental economics and finance and tests of theories in economics and finance using experimental data.
Assessment Information
Written Exam 100 %, Coursework 0 %, Practical Exam 0 %
Special Arrangements
None
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
Keywordsexperimental economics
Contacts
Course organiserProf Jonathan Thomas
Tel: (0131 6)50 4515
Email: Jonathan.Thomas@ed.ac.uk
Course secretaryMs Marie Craft
Tel: (0131 6)51 1764
Email: marie.craft@ed.ac.uk
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