Course Information
FacultySocial and Economic Sciences
Cycle / Level1st / Undergraduate
Teaching PeriodWinter
CoordinatorKonstantinos Papadopoulos
Course ID600003603

Programme of Study: UPS School of Economics (2013-today)

Registered students: 29
OrientationAttendance TypeSemesterYearECTS
OIKONOMIASElective Course belonging to the selected specialization (Elective Specialization Course)843
DIOIKĪSĪ EPICΗEIRĪSEŌNElective Courses belonging to the other843

Class Information
Academic Year2021 – 2022
Class PeriodSpring
Faculty Instructors
Weekly Hours3
Class ID
Course Type 2021
Specialization / Direction
Course Type 2016-2020
  • Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
  • Face to face
The course is also offered to exchange programme students.
Language of Instruction
  • Greek (Instruction, Examination)
  • English (Examination)
  • French (Examination)
General Prerequisites
It is desirable but not necessary that the student has attended classes of microeconomics, macroeconomics, international trade, finance, game theory, management, statistics/data analysis.
Learning Outcomes
After succesful completion of this class, thw students will be able to: - understand the methodology of experimental classroom design - design their own experiments - analyse the results of classroom experiments - compare their results with economic theory and practice - understand the role of economics as a discipline in behavioral sciences - understand the functioning of markets and firms, through active participation as decision makers in various classroom experiments
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Adapt to new situations
  • Make decisions
  • Work autonomously
  • Work in teams
  • Work in an interdisciplinary team
  • Generate new research ideas
  • Be critical and self-critical
  • Advance free, creative and causative thinking
Course Content (Syllabus)
Students will be asked to participate in a series of experiments as decision makers. There will be statistical analysis of experemental data and presentation of the relevant theory. Comparison of experimental results with theory predictions. In particular Week 01 : Introduction to Experimental Economics Week 02 : Demand and Supply Week 03 : Stock and bond market values Week 04 : Simple and Double Auctions in Week 05 : The role of price ceilings Week 06 : Bargaining games Week 07 : Credit risk Week 08 : The winner's curse Week 09 : Industrial Organization Week 10 : Social Preferences, Altruism Week 11 : The take over game Week 12 : Experimental Design Methodology I - Introduction to Z-tree Week 13 : Revision
classroom experiment, economic behavior, behavioral economics
Educational Material Types
  • Notes
  • Slide presentations
  • Multimedia
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
  • Use of ICT in Laboratory Teaching
  • Use of ICT in Communication with Students
  • Use of ICT in Student Assessment
On the elearning.auth.gr platform all material including experimental results will be available to students.
Course Organization
Written assigments240.9
Student Assessment
Participation in experiments is compulsory for this elective course. Compulsory assignment.
Student Assessment methods
  • Written Assignment (Summative)
  • Performance / Staging (Summative)
Course Bibliography (Eudoxus)
Σημειώσεις του διδάσκοντα.
Additional bibliography for study
Experimental Economics: Volume I: Economic Decisions, P. Branas-Garza, A. Cabrales, 2015 Experimental Methods: A Primer for Economists, Daniel Friedman, 1995 Experimental Economics: How We Can Build Better Financial Markets, Ross M. Miller, Vernon L. Smith, 2005 Experimental Economics, Douglas D. Davis,Charles A. Holt, 1994 Experimental Economics: Rethinking the Rules, Nicholas Bardsley, 2009 Behavioral game theory: experiments in strategic interaction, Camerer Colin, 2003 Advances in Behavioral Economics Colin F. Camerer and George Loewenstein, 2003 The Handbook of Experimental Economics, John H. Kagel, Alvin E. Roth, 1995 Behavioural and Experimental Economics (The New Palgrave Economics Collection), S. Durlauf, L. Blume, 2009 The Methodology of Experimental Economics, Francesco Guala, 2005
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