ECO 503 - Experimental Economics

Experimental research continues to demonstrate that the economic decisions of individuals and groups deviate, sometimes dramatically, from those predicted by standard economic theory’s rational actor model. Experimental economics seeks to explain the economic decision-making of consumers and citizens, as psychologically complex, cognitively limited, emotional, social decision-makers. This course explores the foundations, methods and outcomes of experimental economics. Topics covered include experimental economics ethics, basics of experimental design in economics, opportunities, challenges and limitation of experimental methods, analysis of experimental date and key contributions to the economic literature.

Prerequisites & Notes
Graduate Standing in the School of Economics or permission

ECO 403 and 503 cannot both be taken for credit.

Credits: 3

Print this Page