Experimental Economics

Postgraduate course

Course description

Objectives and Content

This course introduces you to the methodology of experimental research in economics. You will read some of the seminal experimental economic papers and you will also be exposed to some of currently areas of research of experimental economics. The aim the course is to provide you with a solid understanding of the experimental methodology. A central part of course is to perform and report an experiment; alone or together with some of your peers.

Learning Outcomes

A candidate who has completed his or her qualification should have the following learning outcomes defined in terms of knowledge, skills and general competence:

Knowledge

The candidate

  • Can give an overview of economic as an experimental discipline including its history and types of experiments.

Skills

The candidate

  • Can explain and discuss the principles of economic experiments required to design and undertake an independent experiment. Key principles are controlled variables, randomization, deductive and inductive reasoning.
  • Can analyze and report the results from an experiment.

Level of Study

 Master

Semester of Instruction

Irregular
Required Previous Knowledge
Recommended Previous Knowledge
Bachelor in Economics or equivalent
Access to the Course
Master`s Programme in Economics, Professional Studies in Economics, Master's Programme in Information Technology and Economics, or equivalent.
Teaching and learning methods
18 lectures
Compulsory Assignments and Attendance
  • Compulsory participation experiments
  • Individual oral presentation of the report
  • The requirements are valid only for the current semester.

    Forms of Assessment

    Portfolio assessment with the following content and weight:

    • Individual or group based experiment report (50 points)
    • Individual essay (50 points)

    The overall evaluation of the course is a mark based on total points you have earned.

    The exam will be given in the language in which the course is taught.
    The exam can be submitted in English. It is also possible to submit in Norwegian, Swedish or Danish.

    Grading Scale
    Grading A-F
    Assessment Semester

    Assessment in teaching semester.

    Students with valid absence as defined in the UiB regulations § 5-5 can apply for an extended submission deadline to Studieveileder.econ@uib.no. The application must be submitted before the deadline for submission has expired.

    Reading List
    The reading list will be ready before 1 July for the autumn semester and 1 December for the spring semester.
    Course Evaluation
    All courses are evaluated according to UiB's system for quality assurance of education.
    Programme Committee
    The Programme Committee is responsible for the content, structure and quality of the study programme and courses.
    Course Administrator
    The Department of Economics at the Faculty of Social Sciences has the administrative responsibility for the course and the study programme.