Find out more about studying MSc Behavioural and Experimental Economics at University of Essex? We've gathered all the key details, entry requirements, modules, fees, and more. Take the next step by booking an open day to explore it for yourself.
Master of Science - MSc
University of Essex
Part Time
Oct 2027
2 Year
Our MSc Behavioural and Experimental Economics gives you all the tools to understand what has become one of the fastest growing areas in economics in recent years. Behavioural economics is one of the fastest growing areas in economics in recent years. Insights inform business and public policy alike – we investigate the human and social factors influencing decisions made by consumers, borrowers and investors.After completing your masters, you may wish to extend your knowledge with a research degree – many Essex graduates decide to stay here for further study.Alternatively, our course also prepares you for employment. Recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.With its distinctive focus on questions in behavioural economics, combining theoretical foundations and real-world applications, this course will equip you with transferable employability skills valued in industry (for example in the retail and financial sectors), government and academia.Our graduates find employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organisations. Recent graduates include an Analyst at E2V Technology Company, Delivery Executive at Adam Smith International, a University Lecturer and roles in large organisations such as Deutsche Bank.
What are the concepts and methods of modern microeconomics? And how can you apply economic reasoning to this? Understand the main principles and theories of modern microeconomics, looking at topics like contract theory, equilibrium concepts in game theory, and market signalling. Learn to apply economic reasoning to these arguments.
How do individuals make decisions? When does classic economic theory not predict empirically observed behaviour? And how do you then use behavioural economics to reconcile your empirical findings with theoretical models? Learn about empirical and theoretical research in behavioural economics that can be used to explain individual decision making.
What happens when classic economic theory doesn’t predict empirically observed behaviour? Can behaviour economics help? Study strategic interactions and markets using behavioural economics to reconcile empirical findings with theoretical models. Gain an understanding of experimental methods used in behavioural economics.
What interests you? Undertake a research project of your choosing, studying a specific economic issue or set of problems in depth, with supervision from our world-leading academic staff. Gain experience of original and independent work, making use of and building on skills that you have acquired during your Masters.
This module equips you with the tools to critically access experimental methods commonly used in economics. You will put theoretical knowledge into practice, learning how to design experiments and interpret results. With a growing interest in behavioural considerations, experiments are increasingly used not only in psychology, but also economics and political science. Recognizing the value of controlled variation to study causal relationships, large companies also increasingly use "A-B testing".
