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Economic Analysis B

Module Code: ECU33012

Module Title: Economic Analysis B

  • ECTS Weighting: 5
  • Semester/Term Taught: Semester 2
  • Contact Hours: 22 hours of lectures and 4 hours of tutorials
  • Module Personnel: Lecturer - Profesor Martina Zanella

Module Learning Aims

This module builds on the foundations of ECU22011 & ECU22012 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

Cartwright, Edward (2014), Behavioural Economics, Routledge (2nd Edn although the first edition is fine).

Thaler, Richard H., Sunstein, Cass R, Nudge: Improving Decisions on Health, Wealth, and Happiness. New Haven, CT: Yale University Press, 2008.

Readings and cases will be also provided by the lecturer throughout the module.

Module Pre Requisite

ECU22011 & ECU22012 Intermediate Economics and ECU33011 Economic Analysis A

Assessment Details

There will be three continuous assessment assignments contributing to the overall grade. The first will be a peer-assessed essay (35%), the second will be a group work project (35%) and the third an online test (30%). Late submissions that have not been agreed in writing beforehand will be penalised 10% per day.

Module Website

Behavioural and Experimental Economics: Blackboard.