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Experimental methods for economics and business studies

Additional course evaluations for NA0185

Academic year 2020/2021

Experimental methods for economics and business studies (NA0185-20123) 2020-11-02 - 2021-01-17

Academic year 2019/2020

Experimental methods for economics and business studies (NA0185-20090) 2019-11-01 - 2020-01-19

NA0185 Experimental methods for economics and business studies, 7.5 Credits

Experimentella metoder i ekonomi

Syllabus approved



Business Administration Economics

Education cycle

Second cycle

Advanced study in the main field

Second cycle, only first-cycle courses as entry requirements(A1N)

Grading scale

5:Pass with Distinction, 4:Pass with Credit, 3:Pass, U:Fail The requirements for attaining different grades are described in the course assessment criteria which are contained in a supplement to the course syllabus. Current information on assessment criteria shall be made available at the start of the course.



Prior knowledge

Knowledge equivalent to 180 credits, including 90 credits within business administration or economics. 15 credits microeconomics must also be included as well as 15 credits statistics or 5 credits mathematics and 5 credits statistics. Knowledge equivalent to English 6.


This course is an introduction to experimental methods in economics and business studies, its methods, and some of the recent applications. In particular, the course illustrates how experiments can be used to solve many of the identification problems present in non-experimental data. An integral part of the course is participation in numerous experiments to acquire hands on experience.

After succesful completion of the course, students will be able to:

- Prepare, programming, conduct and evaluate an experiment in economics and business studies.


The course is implemented by lectures, exercises and a mandatory project-based group work.

The course include the following parts:

1) Introduction: What are economic and business experiments and why use them?
a) Market and game theory experiments
b) Decision theory experiments
c) Field and survey experiments
2) Principles of experiments – Validity, control and limits.
3) Choice of experimental design – Subjects, repetition, matching, payment.
4) Programming a computerized experiment using zTree
5) Conducting experiments – Instructions, testing, recruiting, sessions.
6) Measuring techniques – Eliciting beliefs, risk attitudes, social preferences.
7) Evaluating experimental data – A short overview

Formats and requirements for examination

Passed exam.
Passed project work.
  • If the student fails a test, the examiner may give the student a supplementary assignment, provided this is possible and there is reason to do so.
  • If the student has been granted special educational support because of a disability, the examiner has the right to offer the student an adapted test, or provide an alternative assessment.
  • If changes are made to this course syllabus, or if the course is closed, SLU shall decide on transitional rules for examination of students admitted under this syllabus but who have not yet passed the course.
  • For the examination of a degree project (independent project), the examiner may also allow the student to add supplemental information after the deadline. For more information on this, please refer to the regulations for education at Bachelor's and Master's level.

Other information

  • The right to take part in teaching and/or supervision only applies to the course date to which the student has been admitted and registered on.
  • If there are special reasons, the student may take part in course components that require compulsory attendance at a later date. For more information on this, please refer to the regulations for education at Bachelor's and Master's level.

Additional information

The specific entry requirements can also be fulfilled through four years of completed studies at the Forest Science programme with specialization in business administration.

Entry requirements can also be met by students who are admitted to the agricultural programme and have the knowledge equivalent to 180 credits at undergraduate level out of which at least 60 credits in business administration or economics, and have taken (and been approved) the FÖ0449 (Företagsbeslut & mikroekonomi) och FÖ0373 (Lantbruksekonomi och driftsplanering) or NA0179 (Econometrics and programming). Level of English equivalent to upper secondary school English.

Students admitted autumn 2015 or earlier: the requirement of FÖ0449 can be replaced by the course FÖ0395 and the requirement of NA0179 can be replaced by the course NA0161.

Responsible department

Department of Economics

Further information

Determined by: Programnämnden för utbildning inom naturresurser och jordbruk (PN - NJ)
Replaces: NA0178 och NA0140
There are no Grading criteria posted for this course

Course facts

The course is offered as an independent course: Yes The course is offered as a programme course: Agricultural Economics and Management - Master´s Programme Agricultural, Food and Environmental Policy Analysis (AFEPA) - Master´s Programme Environmental Economics and Management - Master´s Programme Agricultural Economics and Management - Master´s Programme Tuition fee: Tuition fee only for non-EU/EEA/Switzerland citizens: 13082 SEK Cycle: Second cycle
Subject: Business Administration Economics
Course code: NA0185 Application code: SLU-20128 Location: Uppsala Distance course: No Language: English Responsible department: Department of Economics Pace: 50%