Handbook home
Topics in Experimental Economics (ECON40020)
HonoursPoints: 12.5Dual-Delivery (Parkville)
From 2023 most subjects will be taught on campus only with flexible options limited to a select number of postgraduate programs and individual subjects.
To learn more, visit COVID-19 course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Overview
Availability | Semester 2 - Dual-Delivery |
---|---|
Fees | Look up fees |
The subject aims to provide a foundation for original research in the fields of behavioural and experimental economics. First, it explores how behavioural economics extends traditional economics by incorporating insights into human behaviour derived from other fields such as psychology and sociology. Students will be exposed to both empirical research that investigates pattern of behaviour which deviates from standard economic assumptions, and theoretical research that aims to incorporate these behaviour in tractable models. Second, the subject familiarises students with experimental methodology, analysis of experimental data, and the range of application of experimental methods in economics, such as the evaluation of economic theories and behavioural assumptions, as well as their applications to policy research.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Learn to conduct laboratory and field experiments as a method for empirical investigation.
- Learn to evaluate the predictive power of different economic theories by designing appropriate experiments.
- Master econometric methods specifically used in the analysis of experimental data.
- Evaluate the contribution of behavioural economics to economic knowledge.
Generic skills
- High level of development: oral communication; written communication; application of theory to practice; interpretation and analysis; critical thinking; synthesis of data and other information; evaluation of data and other information; use of computer software; receptiveness to alternative ideas.
- Moderate level of development: collaborative learning; problem solving; team work; statistical reasoning; accessing data and other information from a range of sources.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40001 | Advanced Microeconomics | Semester 1 (Dual-Delivery - Parkville) |
12.5 |
Corequisites
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON90079 | Advanced Experimental Economics | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
Recommended background knowledge
Undergraduate level work in experimental and behavioural economics (equivalent of ECON30019 and ECON30022).
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Assignment
| Week 4 | 10% |
Assignment
| Week 8 | 10% |
Presentation
| Second half of the teaching period | 20% |
Final Essay
| End of semester | 60% |
Last updated: 31 January 2024
Dates & times
- Semester 2
Principal coordinator Siqi Pan Mode of delivery Dual-Delivery (Parkville) Contact hours Total time commitment 170 hours Teaching period 25 July 2022 to 23 October 2022 Last self-enrol date 5 August 2022 Census date 31 August 2022 Last date to withdraw without fail 23 September 2022 Assessment period ends 18 November 2022 Semester 2 contact information
Last updated: 31 January 2024
Further information
- Texts
Prescribed texts
You will be advised of the prescribed texts and reading materials by your lecturer.
Last updated: 31 January 2024