Module Details for the Academic Year 2017/2018

ECON42400 Experiments in Economics

This module provides a detailed overview of key methods for examining causal relationships and testing theoretical mechanisms in behavioural economics.The first section of the module examines concepts of causality in research, including providing an extensive account of the treatment effects framework in econometrics. The next sections examine various causal paradigms. Firstly, we examine the use of lab experiments in behavioural economics. Secondly, we examine natural experiments and the key methods of quasi-experimental designs. Finally, we examine randomised policy field trials. Students will be provided with detailed instruction on how to perform each of these types of study and classes and tutorials will analyse in depth the strengths and limitations of each of the methods.
At the end of the module, we hope students attain the following learning outcomes:

- Detailed understanding of the key experimental and causal methods in behavioural economics.

- Knowledge of application of key causal methods across academic literatures and policy/business.

- Critical engagement with key methodological debates on causal methods.

- Understanding of strengths and limitations of each method.  
Item Workload
Autonomous Student Learning 70 hours
Lectures 24 hours
Tutorial 10 hours
Description FINAL Timing
Essay :< Description > 30% of Final Grade Week 10
Examination :< Description > 70% of Final Grade 2 Hour End Of Semester Exam
Resit Opportunities

In-semester assessment


If you fail this module you may repeat, resit or substitute where permissible. 
Curricular information is subject to change