Behavioural and Economic Science MSc combines multidisciplinary expertise from the departments of Psychology Economics and Warwick Business School.

Course Overview

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 Psychology variant of the course is designed for students with a first degree in Science.

An Economics track variant of the course is offered by the Department of Economics and is available if you have a first degree in Economics.

Teaching and Assessment

You will have a combination of lectures seminars and practical classes or workshops. Lectures introduce you to a particular topic seminars build on that knowledge and workshops and practical classes allow you to put what you are learning into practice. Seminars practical classes and workshops are smaller groups than lectures giving access to tutors to help you put into practice what you are learning.

Teaching occurs throughout the week with an average of 8-12 hours of lectures and 5-7 hours of practical classes or seminars per week. You will also have meeting with your personal tutor at intervals throughout your course.

We typically assess modules through a mix of assessment types which include worksheets essays research reports modelling and data analysis class tests exams and presentations.

Skills from this degree

• Gain a deeper understand of how and why people make the choices they do
• Learn how influencing such choices is important across a variety of domains from public policy (e.g. encouraging people to save for pensions) through industry (e.g. how to place a new product in the market) to 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

Careers

Graduates from this course have gone on to work in areas including: Decision Technology the Commonwealth Bank Bursara Center and Behavioural Insights Team.

Our department has a dedicated professionally qualified Senior Careers Consultant offering impartial advice and guidance together with workshops and events throughout the year. We also encourage students to attend a number of networking events and hold a series of workshops which have previously included topics such as: Careers in Behavioural Science Applying for Ph.D.s in the behavioural science.