University of Bath

Degree level: Postgraduate

Applied Psychology and Economic Behaviour (Taught)

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Course summary

Explore the interesting intersection of psychology and economics. You’ll gain a deep, well-rounded understanding of human behaviour and learn how to predict it. This MSc enables you to delve deeply into the two inter-related disciplines of psychology and economics, in order to better explore, understand and predict the decisions people make. Combining economic modelling with what psychology can tell us about individual behaviour and emotions you’ll learn to create highly accurate models for predicting human behaviour, which can then be used to empower behaviour change at both a micro and macro level. This course is ideal if you are seeking to work in any area where understanding human decision-making is critical. This ranges from industry and healthcare, to developing new technologies or policies, and beyond. The course has been designed from an interdisciplinary perspective, bringing together specialist teaching and expertise from both the Department of Psychology and Department of Economics. You’ll work with research-active staff who will collaborate to deliver the content, give you exposure to the latest issues and trends, provide links with employers, and ensure you gain the interdisciplinary insights that will set you apart in the jobs market. You will leave this course with:

  • a deep, interdisciplinary, understanding of the psychological and economic science affecting human factors in decision-making
  • a thorough understanding of the modelling of human decision-making and the ability to integrate psychological science with this to create enriched models of choice behaviour
  • the ability to develop powerfully-predictive behavioural models based on a strong bedrock of theory from both psychology and economics
  • the ability to use models to deliver valid conclusions
This course is highly relevant if you have an economics or psychology background, or come from a background where modelling or understanding human behaviour is a key component, such as engineering or sociology. Graduate prospects There is demand for graduates with interdisciplinary knowledge and skills. You could take your skills into government, banking or finance, healthcare, the third sector, economic regulation, human resources or executive management. You could also take your studies further to doctoral level.

Course details

Modules

Semester 1 Psychological and economic perspectives into decision-making Statistical and mathematical modelling Semester 2 Contemporary issues in the understanding of decision-making Professional skills development Summer Contemporary issues in the understanding of decision-making

Assessment method

Learning

  • Lectures
  • Online resources
  • Practical sessions
  • Seminars
  • Tutorials
  • Workshops
Assessment
  • Coursework
  • Essay
- Other


Entry requirements

You should have a bachelor’s honours degree or international equivalent, typically a 2:1 or above. To apply for this course you should have an undergraduate degree in an appropriate subject such as psychology or economics, another social science or business-related discipline (business administration, finance, accounting, international trade, banking, financial management, public finance, politics) or another subject which included a significant economics or modelling component (physics or engineering). You must demonstrate basic quantitative skills, acquired through modules such as microeconomics, mathematics or statistics. We may make an offer based on a lower grade if you can provide evidence of your suitability for the degree. If you first language is not English but within the last 2 years you completed your degree in the UK you may be exempt from our English Language requirements.


English language requirements


Fees and funding

Tuition fees

No fee information has been provided for this course

Additional fee information

Tuition fees can be found on our web pages and are liable to increase annually. UK and Islands fees are regulated by the UK government and are subject to parliamentary approval. For all other fees, you should budget for an increase of up to 5% for every further year of study. For information on tuition fees visit our web pages: http://www.bath.ac.uk/topics/tuition-fees/
Applied Psychology and Economic Behaviour at University of Bath - UCAS