ECON 203/503: Experimental and Behavioral Economics
ECON 203/503: Experimental and Behavioral Economics
Instructor, 2022, 2023, 2025, Ahmedabad University
Instructor, 2022, 2023, 2025, Ahmedabad University
This introductory course introduces students to the methods of lab and field experiments and the behavioral principles and theories of human decision-making. Against the backdrop of Neoclassical Economics, this course will discuss deviations from the standard concepts of individual preferences, beliefs, and decision-making processes. In doing so, we will see that people are loss-averse, present-biased, more social, and often use heuristics in their decision-making. Experimental evidence from education, labor, health, public economics/finance, and management will elucidate these ideas. Students will also learn to create and implement experiments using the open-source platform, oTree.
More broadly, this course will provide students with an overview of how researchers and policymakers have leveraged their understanding of behavioral and experimental economics to improve economic policy, and management outcomes. Considering that this is an introductory course, the theory and experiments will be discussed with a greater focus on intuition and a lesser emphasis on the technicalities.
Macroeconomics describes how the economy as a whole functions and policies are formulated. The purpose of the course is to acquaint students with the basic concepts and theories of macroeconomics and orient them towards linkages between various economic indicators.
Microeconomics is an introductory undergraduate course aimed at teaching the fundamentals of microeconomics by introducing the students to concepts like supply and demand analysis, elasticity, theory of consumer choice, producer theory, market structure, competition, welfare, and public goods. Students will also be introduced to the use of microeconomic applications to real-world issues.
This course is a core subject across the university’s undergraduate programs. It is an introductory course aimed at preparing students for understanding advanced economics as well as other related subjects of business and social sciences.
An intensive course which introduces undergraduate and graduate students to the modern econometric techniques used to conduct empirical analysis in Economics. The course is designed to provide the students with the basic quantitative techniques needed to undertake applied research projects. Students will be introduced to both theoretical and applied econometrics so that by the end of this course, they can apply the formal theories they learn to analyze complex real-world problems. Students will also need to use an econometric software package, STATA, and different datasets in this course. This will enable them to learn and explore multiple estimation and forecasting techniques.
An intensive asynchronous online summer course meant to introduce the fundamentals of microeconomics to undergraduate students.
This course begins with an introduction to supply, demand and the basic forces that determine an equilibrium in a market economy and then moves on to price theory and market structures. The purpose of the course was to ensure that students have a grasp on the major topics of microeconomics and are able to apply the formal principles to real world issues.
A course taught by Dr. Johanna Mollerstrom to undergraduate and graduate students.
The objective of this course is to consider the interplay between culture, norms and gender, and their impact on economic decision-making and outcomes.
A course taught by Dr. Johanna Mollerstrom to graduate students.
The objective of this course is to provide the students with the ability to critically analyze the empirical analysis done by others and also the skills necessary to perform empirical analysis on their own.