Economics from an Experimental Perspective - Session 1
Course Description
A growing field in which the University of Chicago has been a leader, experimental economics uses experimental methods (i.e. observing everyday interactions and decisions made by people either in the lab or in the field) to explore economic questions ranging from how markets and other exchange systems work to what motivates people to make decisions about matters such as conserving environmental resources or donating to charitable causes. You will participate in laboratory experiments and discuss the results, thereby learning the underlying economic principles and the economic questions that the experiments were designed to address. You will also engage in solving specific economic problems both individually and in a group.
Course Criteria
This course is open to high school students only.
Academic Interest
Economics and Business, Computer Science, Data Science, Math, and Statistics, Social Sciences (e.g., history, sociology)
Application Materials
A complete application includes a transcript, two short essays, a letter of recommendation, writing sample, application fee, and a submitted parent confirmation. If you are seeking need-based financial aid, you must indicate that in your application before it is submitted. Please refer to the Application Instructions for complete details.
Instructor(s)
Min Lee
Other Courses to Consider
These courses might also be of interest.
Introduction to Macroeconomic ModelsThis course offers a comprehensive exploration of neoclassical macroeconomic models. The course is divided into five key modules:
(i) economic growth and production,
(ii) consumption and savings,
(iii) business cycles and unemployment,
(iv) fiscal policy, and
(v) monetary policy and forecasting.
Throughout each module, we extensively utilize relevant data to enhance the understanding of theoretical concepts. By the end of the course, students will be able to interpret macroeconomic news and articles and analyze policies through a model-based framework.
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