Experimental methods for economics and business studies
Entry Requirements
Course facts
NA0185, Experimental methods for economics and business studies, 7.5 Hp
Print syllabus
Syllabus
Finalized by: PN - NJ, 2018-11-26
Valid from : Autumn semester 2019 (2019-09-02)
Level
Second cycle (A1N)
Main field of study
Business Administration, Economics
Grading Scale
The grade requirements within the course grading system are set out in specific criteria. These criteria must be available by the course start at the latest.
Course language
English
Entry Requirements
Objectives
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.
Content
The course is implemented by lectures, exercises and a mandatory project-based group work.
The course include the following parts:
- 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
- Principles of experiments – Validity, control and limits.
- Choice of experimental design – Subjects, repetition, matching, payment.
- Programming a computerized experiment using zTree
- Conducting experiments – Instructions, testing, recruiting, sessions.
- Measuring techniques – Eliciting beliefs, risk attitudes, social preferences.
- Evaluating experimental data – A short overview
Examination Formats and Requirements for Passing the Course
Passed exam. Passed project work.
Responsible Department/Equivalent
Department of Economics
Supplementary information
Included in program
- Environmental Economics and Management - Master's Programme
- Agricultural, Food and Environmental Policy Analysis (AFEPA) - Master's Programme
- Agricultural Economics and Management - Master's Programme
- Agriculture and Business Management
- Agricultural Science with a Specialisation in Economics and Business Administration
Module set
| Title | Credits | Code |
|---|---|---|
| Single module | 7.5 | 0101 |
The Course Replaces
NA0178 och NA0140
Other 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.