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Behavioural and Economic Science (Economics Track) at University of Warwick - UCAS

University of Warwick

Degree level: Postgraduate

Behavioural and Economic Science (Economics Track) (Taught)

Course options

2024 - 2025
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Course summary

Our MSc in Behavioural and Economic Science (Economics Track) is designed for students with an Economics degree. Warwick's Department of Economics, ranked 1st in the UK (The Good University Guide 2023) and 22nd in the World (The QS World University Subject Rankings 2023), offers you a programme examining theoretical and real-world applications of decision science and behavioural economics. 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

  • 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 judgement and decision making.
  • Ability to design, conduct and analyse behavioural experiments.
  • Implement models of choice.
  • Access and analyse large-scale datasets.
  • Initiate economic enquiry and test economic models.
  • Numeracy and quantitative skills: use of mathematics and diagrams, understanding data, statistical analysis.
  • Use of IT including word processing and spreadsheet packages; specialist econometric, statistical, and other software; the internet.
  • Written and oral communication skills.
This information is applicable for 2024 entry. Given the interval between the publication of courses and enrolment, some of the information may change. It is important to check our website before you apply.

Modules

Core modules

  • Microeconomics A or Microeconomics B
  • Quantitative Methods: Econometrics A or Quantitative Methods: Econometrics B
  • Issues in Psychological Science
  • Methods and Analysis in Behavioural Science
  • Behavioural and Economic Science Project
Optional modules Optional modules can vary from year to year. Example optional modules may include:
  • Experimental Economics
  • Behavioural Economics
  • Psychological Modules of Choice
  • Behavioural Change: Nudging and Persuasion
  • Neuroeconomics
  • Bayesian Approaches to Behavioural Science
  • Principles of Cognition
  • Behavioural Ethics
  • Behavioural Finance
We are planning to make changes to our Behavioural and Economic Science (Economics) MSc degree for 2024 entry. Changes to core modules go through the University’s rigorous academic processes. As module changes are confirmed, we will update the course information page on this webpage. It is therefore very important that you check this webpage for the latest information before you apply and prior to accepting an offer.

Assessment method

Assessment is through formal examinations and coursework, including a mixture of worksheets, essays, research reports, modelling and data analysis, class tests, exams, presentations and a research project.

Entry requirements

**Minimum requirements** 2:i 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. **English language requirements** You can find out more about our English language requirements. This course requires the following: - Band A - Overall score 6.5 and none below 6.0 is required. **International qualifications** We welcome applications from students with other internationally recognised qualifications. For more information, please visit the international entry requirements page. **Additional requirements** There are no additional entry requirements for this course.

Fees and funding

Tuition fees

No fee information has been provided for this course

Tuition fee status depends on a number of criteria and varies according to where in the UK you will study. For further guidance on the criteria for home or overseas tuition fees, please refer to the UKCISA website .

Additional fee information

Please visit the University of Warwick website for the tuition fees for postgraduate courses: https://warwick.ac.uk/study/postgraduate/funding/fees

Sponsorship information

We offer a variety of postgraduate funding options for study at the University of Warwick, from postgraduate loans, university scholarships, fee awards, to academic department bursaries. It's important that you apply for your postgraduate course first before you apply for a University of Warwick scholarship.

Behavioural and Economic Science (Economics Track) at University of Warwick - UCAS