ECC3600 Experimental economics
Faculty of Business and Economics
ECC3600 Experimental economics is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2027 in Semester 1 at Clayton. It needs ECB1101, ECC1000, ECW1101, ECF1100 or ECI1100.
- Credit points
- 6
- Offered in 2027
- Semester 1
- Clayton
- Assessment
- No exam
- 2 tasks
- Workload
- 144 hours
- per semester
Reviews
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Requisites
Before ECC3600
After ECC3600
No unit lists ECC3600 as a prerequisite in the 2027 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Overview
This unit offers an introduction to experimental economics, its methods, applications, and scope to understand and affect everyday behaviour. Economic experiments have become a popular tool to test economic theory and to understand the causes for individual decisions, social decisions, and behaviours in markets. In this unit we provide examples on how economic experiments are useful to advance theory and predict economic decision-making. In addition, we provide you with the knowledge on how to design, conduct, and apply economic experiments.
Offerings in 2027
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Assessment
- Project80%
- Quiz / Test20%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand economic experiments as a scientific method
- 2
understand the scope of economic experiments
- 3
identify real situations in which experiments can be enlightening
- 4
design an experiment capturing a real situation.
Workload and teaching
- Workshops24 hours
- Teaching approachEnquiry-based learning
- Teaching approachResearch activities
- Teaching approachActive learning
- Teaching approachProblem-based learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in enquiry-based learning, where you will be encouraged to use your own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.
This unit allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
Where it fits
ECC3600 is part of 5 areas of study in the 2027 handbook.
- BHCM-MAJMajor, Specified discipline unitsBehavioural commerceNo reviews yet
- BHCM-MINMinor, Specified discipline unitsBehavioural commerceNo reviews yet
- ECAN-USPECSpecialisation, Specified discipline unitsEconomic analysisNo reviews yet
- ECOS-MAJMajor, Microeconomics and marketsEconomicsNo reviews yet
- EECP-USPECSpecialisation, Cluster 2: Markets and strategyEconomics and economic policyNo reviews yet
Contacts
- Chief Examiners
- Mallory Avery
Common questions
What are the prerequisites for ECC3600?
You need ECB1101, ECC1000, ECW1101, ECF1100 or ECI1100 before you enrol. Enrolment rules also apply.
When is ECC3600 offered?
In 2027, ECC3600 runs in Semester 1 at Clayton.
How much work is ECC3600?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC3600 have an exam?
No. ECC3600 has 2 assessment tasks and no exam.
Which majors and minors include ECC3600?
ECC3600 is part of Behavioural commerce; Economic analysis; Economics; and Economics and economic policy.