Economic Analysis
Module Code: EC301C
Module Title: Economic Analysis
- ECTS Weighting: 5
- Semester/Term Taught: Hilary Term
- Contact Hours: 22 hours of lectures and 4 hours of tutorials
- Module Personnel: Lecturer - Professor E. Denny
Module Learning Aims
This module builds on the foundations of EC2010 Intermediate Economics, developing some of the topics from that module, and introducing some new ones.
Module Content
Behavioural and Experimental Economics: departures from standard economic models such as irrationality, prospect theory and hyperbolic discounting; choice architecture; experimental methods; and analysis techniques.
Learning Outcomes
Having successfully completed this module, the student will be able to:
- Be actively conversant with the terminology of behavioural and experimental economics;
- Design an economics experiment and analyse the resulting data
- Synthesize a broad range of topics in modern behavioural economics
Recommended Reading List
Behavioural Economics: Cartwright, Edward (2014), Behavioural Economics, Routledge (2nd Edn although first edition is fine). Readings and cases will be provided by the lecturer throughout the module.
Module Pre Requisite
EC2010
Assessment Details
There will be one continuous assessment assignment accounting for 30% of the overall grade. The annual examination accounts for 70% of the overall grade. Late submissions that have not been agreed in writing beforehand will be penalised 10% per day
Module Website
Behavioural and Experimental economics: Blackboard.