Course ID
042924
Course Description
Experimental Economics is a field that began with the proposition that economic theory can be testable in a controlled laboratory setting. Experimental work has been conducted in all fields of economics including Industrial Organization, Game Theory, Public Finance, General Equilibrium Theory and even Macroeconomics. Students will be introduced to the methods of experimental science, explore major subject areas that have been addressed through laboratory experiments, and learn of some of the major personalities at the intersection of economics, politics, and philosophy and law. Topics included reflect the current split in the field: behavioral economics is more closely linked to psychology, while the main branch, experimental economics, tries to learn about individual and group behavior given economic institutions and questions. Both, however, are used to examine creative policy and legal solutions to societal problems. This course also uses biographical or autobiographical readings to put the lessons learned in context history of political economic thought.
Min Units
3
Max Units
3
Repeatable for Credit
No
Grading Basis
GRD - Regular Plus/Minus Grades A, B, C, D, E
Career
Law
May be convened with
LAW417
Component
Lecture
Optional Component
No