How can psychological well-being be measured and what are the limitations of such measures?

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– Understand survey design and the principles for sound construction of self-report survey measures._x000D_
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– Develop an awareness of limitations in the use of subjective measures as dependent variables in standard regression designs (e.g. intercultural incomparability, use of non-probability samples) and the methods that have been used to overcome these (e.g. anchoring vignettes, high-frequency measurement)._x000D_
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– Understand the self-reported and subjective measures that can be incorporated in economic and policy studies as explanatory variables explaining outcomes such as health and education._x000D_
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– Understand novel measurement tools that have been produced chiefly in psychology (e.g. real-time activity tracking, Day Reconstruction Method) but are increasingly being incorporated into economics._x000D_
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