MSc Behavioural Economics
Postgraduate
In Colchester
Description
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Type
Postgraduate
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Location
Colchester
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Duration
1 Year
About the course
How do we make decisions about markets, businesses and customers? What’s the science behind these decisions? How does an understanding of human behaviour make better policies? What’s the impact of sales practices on customers? How do behavioural biases in customers impact how much they’ll pay for a product or service?
Behavioural economics is one of the fastest growing areas in economics in recent years
Insights inform business and public policy alike – we investigate the human and social factors influencing decisions made by consumers, borrowers and investors
In your first term, you design a lab experiment for one of your assignments
You can then test your idea by carrying out behavioural research from start to finish in ESSEXLab, our state-of-the-art social science laboratory
You’re also trained in experimental design by lab experts and your lecturers, and can receive funding to carry out your experiment in the lab, subject to availability
You don’t need a background in economics to study this course
Our modules are flexible so you can choose to focus on specific topics that interest you
We’ll teach you a diverse set of tools and methods, preparing you well for PhD study or a career in a number of fields such as business environments or public policy and implementation
You explore topics including:
How economic considerations, cognitive limitations and psychology jointly shape human decision making
Theoretical frameworks and empirical predictions for environments where traditional theory fails to provide guidance
Markets and strategic interactions
Facilities
Location
Start date
Start date
Reviews
Subjects
- Economics
- Public
- Design
- Decision Making
Course programme
Postgraduate study is the chance to take your education to the next level. The combination of compulsory and optional modules means our courses help you develop extensive knowledge in your chosen discipline, whilst providing plenty of freedom to pursue your own interests. Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field, therefore to ensure your course is as relevant and up-to-date as possible your core module structure may be subject to change.
For many of our courses you’ll have a wide range of optional modules to choose from – those listed in this example structure are, in many instances, just a selection of those available. Our Programme Specification gives more detail about the structure available to our current postgraduate students, including details of all optional modules.
Year 1
Microeconomics
Behavioural Economics I: Individual Decision Making
Behavioural Economics II: Games and Markets
Advanced Microeconomics
Dissertation
Macroeconomics (optional)
Economics of Financial Markets (optional)
Mathematical Methods (optional)
Estimation and Inference in Econometrics (optional)
Economic Development Theory (optional)
Time Series Econometrics (optional)
Panel Data Methods (optional)
Teaching
Core components can be combined with optional modules to enable you to gain either in-depth specialisation or a breadth of understanding across several topics
Our postgraduates are encouraged to attend conferences and seminars
Assessment
Each module is assessed with a final examination and a coursework component
Coursework is taken in the form of a term paper or a midterm test
Dissertation
You undertake an individually supervised research project that involves the in-depth study of a specific economic problem or issue
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Additional information
MSc Behavioural Economics