He also delivers courses on Storytelling, Behavioural Economics and Creative Briefing, speaks regularly at international conferences, appears on TalkRadio’s Early Breakfast show, and lectures at various universities. Coursera degrees cost much less than comparable on-campus programs. Learn to use principles and methods of behavioural economics to change behaviours, improve welfare and make better products and policy. The focus of the course is on the understanding of the principles behind the behavioural approach in addressing economics problems and on the development of up-to-date analytical tools, drawn from recent research, and their application to a variety of economic situations. You want to dive deep into the world of finance and management? We offer an extensive support network during your time here at City, University of London – from Learning Support (including disability support) and counselling to financial and career advice – leaving you free to enjoy every opportunity campus life has to offer. Why do people buy the stuff they buy? Behavioural Economics Behavioural Economics is the “new science” of business. Teaching and learning is enhanced by technology-supported resources, and teaching staff are available for one-to-one interaction and feedback. In the 1976 book The Economic Approach to Human Behavior, the economist Gary S. Becker famously outlined a number of ideas known as the pillars of so-called ‘rational c… In addition, you will be directed to independent study and receive detailed feedback on your coursework as an aid to your further learning. There are different rules for: For more information see our main Visa page. A first degree from an overseas institution recognised by City as providing adequate evidence of proficiency in the English language, for example, from institutions in Australia, Ireland or the USA. Behavioural economics is one of the fastest growing branches of economics and relaxes many of the assumptions of traditional economic theory. According to the Bureau of Labor Statistics, economists earned a median wage of $105,020 per year in 2019, and these jobs are expected to grow faster than the average of the overall economy. City, University of London is an independent member institution of the University of London. Cognitive and Economic Science of Rational Choice, Psychological Processes: Individual and Social, Behavioural Research Methods: Design and Analysis, Applied Econometric and Psychological Research Methods, Professional Aspects of Behavioural Economics, Economic consultants undertaking marketing activities, Health economics consultants developing sales/markets for products (from branded medicines to health insurance schemes), Public policy specialist who advises on the choice architecture of decision making (e.g., transport decisions), Political campaigns and public relations more generally, General marketing, sales and consumer psychology (preferences, sensitivity to incentives, and default behaviour). Behavioral economics and related fields can seem to some like an effort to âhackâ the human mind for financial gain, particularly when used in marketing. 3368 reviews, Rated 4.8 out of five stars. anchoring effect of minimum payment on credit cards). The course is suitable for recent graduates in economics, psychology and related social science or quantitative disciplines who are looking to develop a career in the fast-paced world of behavioural economics, either in the public or private sector. Our research interests include behavioural and experimental economics, competition economics, environmental policy, conflict, contests and corporate behaviour, and finance and financial markets. A background in behavioral economics can give you an edge in many types of business and marketing careers, as it helps deepen your understanding of the biases that influence the choices of other investors and consumers - as well as your own economic decision-making. EEA nationals joining the programme in 2020 and EEA nationals joining from January 2021, Students on courses of more than six months, Students on courses of less than six months. The learning and teaching strategies for each module will expose you to a range of methods, comprising: lectures, guest lectures, seminars, group work, workshops, small group discussions, tutorials, reflective reports and research project supervision. This course introduces students to a rapidly expanding field of Behavioural Economics by providing a foundation in Standard Economic Theory and by building the Behavioural Models on this foundation. Understanding and Seizing the Strategic Opportunity, FinTech: Foundations, Payments, and Regulations, According to the Bureau of Labor Statistics, Construction Engineering and Management Certificate, Machine Learning for Analytics Certificate, Innovation Management & Entrepreneurship Certificate, Sustainabaility and Development Certificate, Spatial Data Analysis and Visualization Certificate, Master's of Innovation & Entrepreneurship. 3539 reviews, Rated 4.7 out of five stars. Behavioral Economics is the key to building products and programs that work. Behavioral finance has helped explain how the stock market is influenced by biases such as âloss aversion,â which leads investors to fear losing money more than they value gains. Benefit from a deeply engaging learning experience with real-world projects and live, expert instruction. Absolutely, Coursera offers courses in behavioral economics, behavioral finance, neuroeconomics, and related fields in business as well as psychology. The way that you apply may vary depending on the length of your course. Cookies from the world of business, government and academia. Skip to main content Toggle mobile menu Sign In Register Courses Courses … It is not a prerequisite to have a background in Economics or Psychology. Richard Thaler, the Nobel Prize-winning economist who is considered the founder of this influential field, defined behavioral economics as âthe combination of psychology and economics that investigates what happens in markets in which some of the agents display human limitations and complications.â Whereas traditional economics (known as the âstandard economic modelâ) assumes that people are rational actors whose decision-making in the market is based purely on calculations of costs and benefits in pursuing oneâs preferences, behavioral economics identifies important ways that this theory is challenged in reality by cognitive biases. The Brain and Technology: Brain Science in Interface Design 8. Rated 4.4 out of five stars. Who is it for? An equivalent qualification from an overseas university is acceptable. The internet's most comprehensive listing of behavioral economics degree programs across the globe. This field is also useful for public policy careers, as accounting for the real-world insights of behavioral economics in policymaking can help make legislation and regulation more effective in achieving its goals. The programme specification contains more information on how the course is organised, the requirements for progression for each part and credits required for awards. With MasterTrackâ¢ Certificates, portions of Masterâs programs have been split into online modules, so you can earn a high quality university-issued career credential at a breakthrough price in a flexible, interactive format. Youâll complete a series of rigorous courses, tackle hands-on projects, and earn a Specialization Certificate to share with your professional network and potential employers. Please click the links below for more information: International Students (EEA and Non EEA) coming to study in the UK, may need to apply for a visa or entry clearance to come to the UK to study. Learn the theories and principles that drive decision making and design experiments to gain a better understanding of … This is an introductory course to behavioural economics and is meant for students at the level of undergraduate, postgraduate, MPhil and PhD, and professionals or faculty members, or any person with basic understanding and interest in economics and/or psychology. You should also expect to attend seminars given by invited speakers and seminars on dissertation writing (about one to two hours per week). Students are given the opportunity to apply Behavioural Economics concepts in different decision-making environments including financial decision making, health, education, and environment. Whilst there is not yet a specific occupation of 'behavioural economist', the knowledge and skills acquired are highly valuable in a range of sectors: City’s Behavioural Economics postgraduate course would be especially valuable for professionals who already work in occupations which involve the need to understand the scientific dynamics of human decision making and behaviour (e.g., financial traders who require the right psychological attitude as much as appropriate strategy knowledge). The course is suitable for recent graduates in economics, psychology and related social science or quantitative disciplines who are looking to develop a career in the fast-paced world of behavioural economics, either in the public or private sector. If you are applying with an overseas degree, the following is an indication of international equivalents of an upper second class degree from a UK institution.
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