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Applied Psychology and Economic Behaviour

Applied Psychology and Economic Behaviour

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Applied Psychology Economics

Course type

Taught

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’ll collaborate to deliver the content, give you exposure to the latest issues and trends, and 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.

Different course options

Study mode

Full time

Duration

1 year

Start date

21-SEP-20

Modules

This module aims to equip students with the skills to interpret common statistical analytical techniques within Psychology; To equip students with skills to interpret common statistical techniques employed within Economics and modern econometric techniques.

Tuition fees

UK fees
Course fees for UK / EU students

For this course (per year)

£9,500

Average for all Postgrad courses (per year)

£5,202

International fees
Course fees for non-UK / EU students

For this course (per year)

£19,400

Average for all Postgrad courses (per year)

£12,227

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.

University information

Established in 1966, the prestigious University of Bath is one of the UK’s top 10 universities and has built an international reputation for world-class teaching and research. The university works hard to fulfil its mission: to inspire, encourage and educate future leaders and innovators. They strive to foster a diverse, welcoming and inclusive culture, where enterprise and innovation is encouraged and students from all backgrounds can fulfil...more

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