Applied Psychology and Economic Behaviour MSc
1 year, starting in September 2018
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.
You’ll work with expert, 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.
Graduates with this level of interdisciplinary knowledge and skills are in high demand among employers, so you will be well placed to gain work in any field where a deep understanding of human behaviour is critical.
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.
This course lasts 1 year. It starts in September 2018 and ends in 2019.
Occasionally we make changes to our programmes in response to, for example, feedback from students, developments in research and the field of studies, and the requirements of accrediting bodies. You will be advised of any significant changes to the advertised programme, in accordance with our Terms and Conditions.
Compulsory course units
These compulsory units are currently being studied by our students, or are proposed new units.
- Psychological and economical perspectives into decision-making
- Statistical and mathematical modelling
- Contemporary issues in the understanding of decision-making
- Professional skills development
Learning and assessment
- Online resources
- Practical sessions
- Oral assessment
Select the country where your qualification comes from.
Typically a 1st or 2:1 honours degree in psychology or economics or other social science or business-related discipline (business administration, finance, accounting, international trade, banking, financial management, public finance, politics) or other course which includes a significant economics or modelling component (physics or engineering).
You must demonstrate basic quantitative skills, acquired through modules such as microeconomics, mathematics or statistics.
A 2:2 honours degree in subjects with a high economic or psychological content may be considered in exceptional circumstances.
Applications from current undergraduate students should include a transcript of the subjects they are taking in their final year, even if they do not have all their results at the time of application. Two references are required. At least one of these should be an academic reference
Pre-sessional language training can be arranged through the University’s Academic Skills Centre if students wish to improve their English proficiency before commencing their studies.
Exemptions to some PG Certificate units may be permitted for those who already have relevant postgraduate English-medium qualifications or appropriate professional experience. In all cases the university’s QA procedures will be followed, namely ‘QA45 Accreditation of Prior Learning’.
Fees and funding
You can pay your tuition fees by Direct Debit, debit card, credit card, cheque, bank transfer or cash. You may also be eligible for a student loan to help you pay your fees.Read more about your payment options
Your tuition fees and how you pay them will depend on whether you are a Home, EU, Island or Overseas student.Learn how we decide fee status
You will need to budget at least £100 for the cost of photocopying, printing and binding. You will also need to budget for the cost of text books.
Some courses involve visits away from campus and you may be required to pay some or all of the costs of travel, accommodation and food and drink.
If you’re on a placement, you’re responsible for your own travel, accommodation and living costs. You should also consider the financial implications if you go on an unpaid or overseas placement.
Course titleApplied Psychology and Economic Behaviour
Mode of studyFull-time
UK/EU application deadline31 August 2018
Overseas deadline30 June 2018
Application eligibilityUK and Overseas students are eligible to apply
Apply for 2018 entry