This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Undergraduate Handbook 2010-2011 (archived)
Module ECON3281: BEHAVIOURAL AND EXPERIMENTAL ECONOMICS
Department: Economics, Finance and Business (Economics and Finance)
ECON3281: BEHAVIOURAL AND EXPERIMENTAL ECONOMICS
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Open | 3 | 20 | Not available in 2010/2011 | None. | Durham |
Pre-requisites
- Economic Principles II: Microeconomics (ECON2021) AND Economic Data Analysis (ECON2061).
Corequisites
- None.
Excluded Combinations
- None.
Aims
- To provide an understanding of theories in behavioural economics and methods in experimental economics.
Content
- The course will give students training in the theoretical foundations of behavioural economics and the experimental methods to test theory. The course will cover a range of topics including game theory, individual decisions, markets, bargaining, public choice and auctions. The ideas will be illustrated by classroom experiments.
Learning Outcomes
Subject-specific Knowledge
- At the end of the module students should be able to understand research contributions in behavioural and experimental economics.
Subject-specific Skills
- Students should be able to design experiments to test hypotheses that are related to theory in behavioural economics.
Key Skills
- Analytical and statistical understanding.
- Written communication.
- Planning and organisation.
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- Teaching is by lectures and tutorials. Classroom experiments will be an essential part of teaching.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures | 22 | 1 per week | 1 hour | 22 | |
| Seminars | 8 | 4 in term 1; 4 in term 2 | 1 hour | 8 | Yes |
| Preparation and reading | 170 | 170 | |||
| Total | 200 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 60% | One written examination | 1 hour 30 minutes | 100% | |
| Assignment | 40% | One written assignment | 2000 words max | 100% |
Formative Assessment
Seminar exercises and presentations.
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.