This module gives an introduction to Economics as a Social Science, focusing on economic behaviour and decision-making in social situations, that is, where own behaviour affects other parties and vice versa.
Aims and Objectives
Learning Outcomes
Syllabus
The topics covered in this module include preferences, strategic behaviour and information, focussing on social environments and social networks, as well as problems of drawing inference from observations for policy. Topics are covered through applications (such as other-regarding preferences, free-riding or the spread of information) and hands-on examples (e.g. inequality, identity and discrimination, marriage market, herding), and in form of in-class experiments.
Learning and Teaching
Teaching and learning methods
Lectures, tutorials, experiments.
Assessment
Assessment strategy
Assessment is through continuous successful participation in class experiments, a group take-home assignment and an end of module written examination. This is accompanied by continuous formative assessment through problem sets. This is the same for internal repeat. Assessment for external repeat and referral is through 100% end of module written examination.