Programme And Module Handbook
 
Course Details in 2021/22 Session


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Module Title LI Behavioural and Experimental Economics
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 07 32216
Module Lead TBC
Level Intermediate Level
Credits 20
Semester Semester 2
Pre-requisites
Co-requisites
Restrictions None
Exclusions
Description This module introduces students to behavioural and experimental economics. The assumptions of “homo economicus” – the traditionally economically rational agent – are relaxed and more behaviourally realistic models of decision making are introduced. The course will cover important behavioural topics of individual and strategic decision making. We will introduce practical examples of experimental design and incentivisation, and experimental data analysis.
Learning Outcomes By the end of the module students should be able to:
  • explain behavioural economic accounts of individual and strategic decision making;
  • discuss different experimental paradigms in economics;
  • identify strengths and weaknesses of experimental designs and incentive structures;
  • produce experimental designs to test behavioural economic hypotheses.
Assessment
Assessment Methods & Exceptions Assessment:
1000 word essay (25%);
3-hour written unseen examination (75%)

Reassessment:
3-hour written unseen examination (100%)
Other
Reading List