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Economic Analysis B

Module Code: ECU33012 (old code EC3111)

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 - Professor Eleanor Denny

Module Learning Aims

This module builds on the foundations of EC2110 & EC2111 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

EC2110 & EC2111 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 practical group work project (35%) and the third a one hour, 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.