Undergraduate Course: Introductory Behavioural and Experimental Economics (ECNM08026)
Course Outline
| School | School of Economics | 
College | College of Arts, Humanities and Social Sciences | 
 
| Credit level (Normal year taken) | SCQF Level 8 (Year 1 Undergraduate) | 
Availability | Available to all students | 
 
| SCQF Credits | 20 | 
ECTS Credits | 10 | 
 
 
| Summary | This course will introduce the students to the field of behavioural economics. | 
 
| Course description | 
    
    This course will introduce the students to the field of behavioural and experimental economics. We will explore the reasons why people make irrational decisions; how people decide quickly; why people make mistakes in risky situations; their tendency to procrastination and short-termism; and how people can be affected by social influences, personality, mood, and emotions. We explore how behavioural economics could help policy-makers to understand the people behind their policies, and facilitate the design of more effective policies. 
 
Topics covered in this course as subject to minor changes.
    
    
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites | 
 | 
Co-requisites |  | 
 
| Prohibited Combinations |  | 
Other requirements |  None | 
 
 
Information for Visiting Students 
| Pre-requisites | None | 
 
		| High Demand Course? | 
		Yes | 
     
 
Course Delivery Information
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| Academic year 2024/25, Available to all students (SV1) 
  
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Quota:  0 | 
 
| Course Start | 
Semester 2 | 
 
Timetable  | 
	
Timetable | 
| Learning and Teaching activities (Further Info) | 
 
 Total Hours:
200
(
 Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
196 )
 | 
 
| Assessment (Further Info) | 
 
  Written Exam
55 %,
Coursework
45 %,
Practical Exam
0 %
 | 
 
 
| Additional Information (Assessment) | 
Teamwork Project: 20% 
Midterm Exam: 20% 
Weekly Tutorial Participation: 5% 
Degree Exam: 55% | 
 
| Feedback | 
Not entered | 
 
| Exam Information | 
 
    | Exam Diet | 
    Paper Name | 
    Minutes | 
    
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| Main Exam Diet S2 (April/May) | Paper | 120 |  |  
 
Learning Outcomes 
    On completion of this course, the student will be able to:
    
        - Demonstrate a knowledge and understanding of key issues in behavioural economics, including theoretical models and empirical evidence.
 - Demonstrate research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
 - Demonstrate communication skills in order to critique, create and communicate understanding and to collaborate with and relate to others.
 - Demonstrate personal effectiveness through task-management, time-management, teamwork and group interaction, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning.
 - Demonstrate practical/technical skills such as, modelling skills (abstraction, logic, succinctness), qualitative and quantitative analysis and general IT literacy.
 
     
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Additional Information
| Graduate Attributes and Skills | 
Not entered | 
 
| Keywords | behavioural economics,experimental economics | 
 
 
Contacts 
| Course organiser | Dr Athanasia Arnokourou 
Tel: (0131 6)51 3853 
Email:  | 
Course secretary | Miss Laura Gasull Lopez 
Tel:  
Email:  | 
   
 
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