Information Package / Course Catalogue
Experimental Economics
Course Code: ECON424
Course Type: Area Elective
Couse Group: First Cycle (Bachelor's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

This course aims to introduce students to experimental economics and teach them how to use experimental methods to answer research questions, and to enable students to design economic experiments and apply them to economic issues.

Course Content

We will start with methodological issues in the design of experiments and then examine selected issues in the implementation of experiments. Students will learn how to test economics theories using laboratory and field experiments.

Name of Lecturer(s)
Res. Assist. Sidre Gül Bige GÖCEKLİ
Learning Outcomes
1.Students will be able to design economic experiments and apply them to various economic issues.
2.Students will be able to explain the fundamental concepts of experimental economics and its significance within the field of economics.
3.Students will be able to describe the historical development of experimental economics and identify its major milestones.
4.Students will be able to understand individual decision-making processes and the experimental methods used to study them.
5.Students will be able to comprehend experiments conducted on various economic topics and interpret their outcomes.
Recommended or Required Reading
1.Coşkun Can Aktan, Serdar Yay, Müslüm Basılgan (2022). Deneysel İktisat. Divan Kitap.
2.Kıymet Yavuzaslan (2019). Yeniden Yeni İktisat Deneysel İktisat. Beta Basım Yayın.
3.Charles A. Holt (2007). Markets, Games, and Strategic Behavior - An Introduction to Experimental Economics. Princeton University Press.
4.Douglas D. Davis, Charles A. Holt (1993). Experimental Economics. Princeton University Press.
5.John H. Kagel, Alvin E. Roth. (1995). Handbook of Experimental Economics. Princeton University Press.
6.John H. Kagel, Alvin E. Roth. (2015). Handbook of Experimental Economics Volume2. Princeton University Press.
7.Alessandra Cassar, Daniel Friedman. (2004). Economics Lab: An Intensive Course in Experimental Economics. Routledge Taylor&Francis Group.
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction to Experimental Economics
Week 2 - Theoretical
History of Experimental Economics
Week 3 - Theoretical
Methodology and Experimental Design
Week 4 - Theoretical
Methodology and Experimental Design
Week 5 - Theoretical
Methodology and Experimental Design
Week 6 - Theoretical
Individual Decision-Making Experiments
Week 7 - Theoretical
Game-Theoretic Experiments
Week 8 - Theoretical
Auctions
Week 9 - Theoretical
Public Goods Experimental Research
Week 10 - Theoretical
Experiments in Market Design
Week 11 - Theoretical
Experiments in Political Economy
Week 12 - Theoretical
Laboratory Research on Industrial Organization
Week 13 - Theoretical
Experimental Asset Markets
Week 14 - Theoretical
Neuroeconomics Experiments
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%20
Final Examination1%60
Project1%20
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory143384
Project17310
Midterm Examination17310
Final Examination120323
TOTAL WORKLOAD (hours)127
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
PÇ-11
PÇ-12
OÇ-1
4
3
3
3
5
4
4
4
2
4
5
5
OÇ-2
5
4
3
3
4
3
3
4
2
4
5
4
OÇ-3
5
5
3
3
4
3
2
3
2
3
4
4
OÇ-4
4
4
3
3
4
3
3
4
2
4
5
5
OÇ-5
5
4
3
3
5
4
4
4
2
4
5
5
Adnan Menderes University - Information Package / Course Catalogue
2026