MSc Behavioural and Economic Science (Science Track)
12 monthsProgramme duration
31,670 GBPTuition Fee/year
SepStarting Month
Programme overview
Main Subject
Economics and Econometrics
Degree
MSc
Study Level
Masters
Study Mode
On Campus
This innovative course in the growing area of decision science and behavioural economics combines multidisciplinary expertise from the Department of Psychology, Department of Economics and Warwick Business School (WBS). The course emphasises both theoretical foundations and real-world application of core and advanced areas of behavioural economics, and the cognitive science of judgement and decision making.
The Science Track variation of the course is designed for students with a first degree in a science-based subject, such as Psychology, Maths, Biology, etc. or a subject with a strong quantitative element, such as Business, Finance, etc.
A variation of the course is offered by the Department of Economics and is available if you have a first degree in Economics.
Skills from this degree
By the end of the course, you should be able to:
The Science Track variation of the course is designed for students with a first degree in a science-based subject, such as Psychology, Maths, Biology, etc. or a subject with a strong quantitative element, such as Business, Finance, etc.
A variation of the course is offered by the Department of Economics and is available if you have a first degree in Economics.
Skills from this degree
By the end of the course, you should be able to:
- Gain a deeper understanding of how and why people make the choices they do
- Understand how influencing such choices is important across a variety of domains, from public policy (e.g. encouraging people to save for pensions), through to industry (e.g. how to place a new product in the market), and individual behaviour (e.g. why people drink and eat too much).
- Develop a theoretical understanding of key models and results in behavioural economics and judgment and decision making
- Design, conduct and analyse behavioural experiments
- Implement models of choice
- Access and analyse large-scale datasets
- Initiate economic enquiry and test economic models
- Assess and deploy potential behavioural interventions
Programme overview
Main Subject
Economics and Econometrics
Degree
MSc
Study Level
Masters
Study Mode
On Campus
This innovative course in the growing area of decision science and behavioural economics combines multidisciplinary expertise from the Department of Psychology, Department of Economics and Warwick Business School (WBS). The course emphasises both theoretical foundations and real-world application of core and advanced areas of behavioural economics, and the cognitive science of judgement and decision making.
The Science Track variation of the course is designed for students with a first degree in a science-based subject, such as Psychology, Maths, Biology, etc. or a subject with a strong quantitative element, such as Business, Finance, etc.
A variation of the course is offered by the Department of Economics and is available if you have a first degree in Economics.
Skills from this degree
By the end of the course, you should be able to:
The Science Track variation of the course is designed for students with a first degree in a science-based subject, such as Psychology, Maths, Biology, etc. or a subject with a strong quantitative element, such as Business, Finance, etc.
A variation of the course is offered by the Department of Economics and is available if you have a first degree in Economics.
Skills from this degree
By the end of the course, you should be able to:
- Gain a deeper understanding of how and why people make the choices they do
- Understand how influencing such choices is important across a variety of domains, from public policy (e.g. encouraging people to save for pensions), through to industry (e.g. how to place a new product in the market), and individual behaviour (e.g. why people drink and eat too much).
- Develop a theoretical understanding of key models and results in behavioural economics and judgment and decision making
- Design, conduct and analyse behavioural experiments
- Implement models of choice
- Access and analyse large-scale datasets
- Initiate economic enquiry and test economic models
- Assess and deploy potential behavioural interventions
Admission Requirements
70+
130+
100+
7+
2:1 undergraduate degree (or equivalent) in a related subject.
The MSc Behavioural and Economic Science is a quantitative degree and you should feel comfortable taking a mathematical approach to your thinking.
On the MSc we cover the use of statistics to make sense of behavioural data (e.g. regression and ANOVAs). We introduce the R programming language for statistics and mathematical modelling (though we do not assume you have previous experience). We use maths in economic and psychological models.
You should be familiar with some of: elementary calculus, basic geometry, a really basic knowledge of sets, functions like logarithms, exponentials, powers, probability and probability distributions. You do not need to know all of these things, but you should not be frightened about learning about them! Such a quantitative approach is a really great way to understand data from field studies and experiments, and big data sets and surveys. It is also a great way to formalise and think about ideas about how people behave and the aggregate consequences of this behaviour.
The MSc Behavioural and Economic Science is a quantitative degree and you should feel comfortable taking a mathematical approach to your thinking.
On the MSc we cover the use of statistics to make sense of behavioural data (e.g. regression and ANOVAs). We introduce the R programming language for statistics and mathematical modelling (though we do not assume you have previous experience). We use maths in economic and psychological models.
You should be familiar with some of: elementary calculus, basic geometry, a really basic knowledge of sets, functions like logarithms, exponentials, powers, probability and probability distributions. You do not need to know all of these things, but you should not be frightened about learning about them! Such a quantitative approach is a really great way to understand data from field studies and experiments, and big data sets and surveys. It is also a great way to formalise and think about ideas about how people behave and the aggregate consequences of this behaviour.
1 Year
Sep
Tuition fees
Domestic
16,600 GBP
International
31,670 GBP
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