Learning objectives

Methods

• Students explain why a relationship between measured beliefs and behavior does not imply a causal relationship

• Students identify the main differences between lab experiments and survey experiments

• Students evaluate how importance a particular sampling process is for a question at hand

• Students critically evaluate information provision interventions with respect to

  • anchoring,

  • experimenter demand,

  • and attention effects.

Content

• Students explain how macroeconomic uncertainty affects individual behavior