This course emphasises both theoretical foundations and real-world application in core and advanced areas of behavioural economics, and the cognitive science of judgement and decision making. It is for you if you intend to work in a business environment (e.g. consumer-led industries and the financial sector), and if you are concerned with public policy and its implementation.
It also provides an excellent foundation if you are intending to undertake further postgraduate research. A 20,000-word written project report provides an opportunity to explore your own interests across these fields of study.
The Economics variant of the course is designed for students with a first degree in Economics. A science track variantLink opens in a new window of the course is offered by the Department of PsychologyLink opens in a new window and is available if you have a first degree in science.
You will be automatically enrolled on a pre-sessional Mathematics and Statistics programme to equip you with the relevant methodological skills you need to succeed on the course.
Skills from this degree
2:1 undergraduate degree (or equivalent) specialising mainly in economics. This means you should have achieved a good standard in undergraduate courses in microeconomics, macroeconomics and econometrics/economic statistics at an intermediate level.
We also expect a good standard achieved in mathematics taken at undergraduate level.
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Graduates from our Master’s courses have gone on to work for employers including:
They have pursued roles such as:
Our department has a dedicated professionally qualified Senior Careers Consultant offering impartial advice and guidance together with workshops and events throughout the year. Previous examples of workshops and events include:
Core modules
The following basic structure applies to MSc Behavioural and Economic Science (Economics Track):
Microeconomics A or Microeconomics B
These modules will develop your understanding of advanced microeconomic analysis, with a more applied version (A) or a more technical/theoretically orientated version (B). As a guide, we expect students opting for the B version to have obtained the equivalent of a First Class mark (70%) in their undergraduate studies, though we will consider a request to take a B variant even if that prerequisite is not met.
Quantitative Methods: Econometrics A or Quantitative Methods: Econometrics B
Both modules are taught in Term One. Econometrics A covers fundamental econometrics research skills and Econometrics B will supplement the development of these key and fundamental professional skills by looking at more advanced topics.
Issues in Psychological Science
This module covers core psychology and behavioural science content relevant to later modules in the degree, including memory, attention, perception, personality and individual differences, choice, and subjective well-being. It will provide you with the psychological background to enable you to understand and critically evaluate material on those later modules.
Methods and Analysis in Behavioural Science
The purpose of the module is to introduce you to experimental design and statistical programming. Behavioural scientists need statistical analysis of experimental data and of large data sets. This module covers these topics to allow you to understand how to test hypotheses, plan experimental design and perform statistical analysis using R.
Behavioural and Economic Science Project
You will have the opportunity to investigate and carry out novel research in the area of economic psychology and experimental economics.
Optional modules
Optional modules can vary from year to year. Example optional modules may include:
You will choose four optional modules to complete.
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