Module Details for the Academic Year 2018/2019

ECON42400 Experiments in Economics

This module provides a detailed overview of the key methods for examining causal relationships and testing theoretical mechanisms in behavioural economics. The module is divided into two sections. Firstly, we examine the use of lab experiments in behavioural economics. Secondly, we examine randomised controlled field trials. The module will cover all aspects of conducting a lab/field experiment including study design, ethical approval, randomisation, power analysis, measurement, analysis, and validity. Through the assignment, students will have the opportunity to conduct a lab/field experiment in our behavioural lab and/or working with our implementation partners. The aim of the assignment is to apply the theoretical frameworks covered in the module to the practical application of a lab/field experiment. Tutorials will provide practical advice on how to conduct an experiment from inception to completion.

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At the end of the module, the students will 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 the strengths and limitations of each method.
- Practical experience in conducting a lab/field experiment.
 
Item Workload
Lectures

24

Tutorial

10

Autonomous Student Learning

70

Total

104

Description % of Final Grade Timing
Examination: < Description >

50

2 hour End of Semester Exam
Group Project: < Description >

50

Throughout the Semester

Compensation

This module is not passable by compensation

Resit Opportunities

In-semester assessment

Remediation

If you fail this module you may repeat, resit or substitute where permissible.

Module Requisites and Incompatibles

Equivalent Modules

Prior Learning

Curricular information is subject to change