University of Essex - Colchester Campus
University of Essex - Colchester Campus

Wivenhoe Park, Colchester, East of England, United Kingdom

Master of Science - Behavioural and Experimental Economics

Master's Degree

Program Summary

On this course, students will investigate the complex nuances in economic decision making and actions. The MSc Behavioural and Experimental Economics gives students 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 – the University of Essex investigates the human and social factors influencing decisions made by consumers, borrowers and investors.

Students are trained in experimental design by lab experts and lecturers. From the first term, students design lab experiments for their assignments. Students will also get exposure and hands-on experience of experiments in ESSEXLab, The University of Essex's state-of-the-art social science laboratory.

Students don’t need a background in economics to study this course. The modules are flexible so students can choose to focus on specific topics that interest them. Essex will teach a diverse set of tools and methods, preparing students well for PhD study or a career in a number of fields such as business environments or public policy and implementation.

Students explore topics including:

  • How economic considerations, cognitive limitations and psychology jointly shape human decision making
  • Theoretical frameworks and empirical predictions for environments where traditional theory fails to provide guidance
  • Markets and strategic interactions. 

There's always something fascinating going on in the department, from regular lively debates with prestigious speakers in seminars, workshops and conferences to cutting-edge papers being published in leading journals, including American Economic Review, Econometrica, and Review of Economic Studies.

Academic Background

Minimum Level of Education Completed

4-Year Bachelor's Degree

Minimum GPA

70%

Minimum Language Test Scores

Reading

5.5

Writing

5.5

Listening

5.5

Speaking

5.5

Reading

51

Writing

51

Listening

51

Speaking

51

Program Intakes

Open date

September 18, 2024

Submission deadline

August 1, 2025

Open date

September 18, 2025

Submission deadline

August 1, 2026

Cost and Duration

Master's Degree

Program Level

1 year master's degree

Program Length

£12180 GBP

Cost of Living

£0 GBP

Application fee

£22400 GBP / First Year

Gross Tuition