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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 (ECNM11035)

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 aims at providing students with an introduction to experimental economics, with an eye toward preparing students to design and run their own experiments. Topics will lie in two primary spheres: experimental methodology and the state of the art in the major strands of experimental economics.
* Experimental methodology: The goal of this section is to enable students to design and run sound laboratory and field experiments successfully. This section comprises not only procedures commonly recognised as good practice amongst experimental economists, but also issues for which there is - as yet - no clear consensus. Areas covered include design of experiments, ethical concerns involving human subjects, motivation of subjects, and statistical techniques.
* Strands of previous experimental research: The goals of this section are to give students an overview of literature relevant to experimental economics and to enable them to identify promising areas for future experiments. This section comprises experiments designed to test economic theories, experiments designed to discover new stylised facts, and experimental work applied to specific policy questions, as well as non-experimental work seeking to unify experimental results.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites It is RECOMMENDED that students have passed Microeconomics 1 (ECNM11023) AND Macroeconomics 1 (ECNM11024) AND Quantitative Methods 1 (ECNM11026)
Co-requisites
Prohibited Combinations Other requirements Students should be registered for MSc Economics or MSc Economics (Finance). All other students must email sgpe@ed.ac.uk in advance to request permission.
Additional Costs None
Information for Visiting Students
Pre-requisitesStudents should be registered for MSc Economics or MSc Economics (Finance). All other students must email sgpe@ed.ac.uk in advance to request permission.
Displayed in Visiting Students Prospectus?Yes
Course Delivery Information
Not being delivered
Summary of Intended Learning Outcomes
Knowledge and understanding of i) experimental methodology ii) the existing literature in experimental economics iii) the statistical testing economic theories using experimental data
Assessment Information
Final examination in the April/May diet.
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
Keywordseconomic experiments; hypothesis testing; field trials;
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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