Highlights
Tuition fee
4150 GBP / full
4150 GBP / full
Unknown
Tuition fee
4150 GBP / full
4150 GBP / full
Unknown
Duration
19 days
Duration
19 days
Apply date
Unknown
Unknown
Apply date
Unknown
Unknown
Start date
Unknown
Start date
Unknown
Campus location
London, United Kingdom
Campus location
London, United Kingdom
Taught in
English
Taught in
English

About

How do people really make choices when faced with uncertainty? Do people know what makes them happy? How do people make predictions about the world around them? These are some of the important questions behavioural economists seek to answer. London School of Economics and Political Science offers the Introduction to Behavioural Economics programme.

Overview

Key facts

Combining the fields of psychology and economics, the discipline challenges traditional economic theory which assumes that individuals make rational choices. Rather, behavioural economics considers how people are more social and impulsive, less adept at using information, and more susceptible to psychological biases than standard economic models assume.

London School of Economics and Political Science's Introduction to Behavioural Economics highly interactive course gives students a clear introduction to the principles and methods of behavioural economics in relation to individuals, firms and institutions. Addressing behavioural economics both at the macroeconomic and microeconomic levels, you will engage in important topics such as heuristics, biases, nudging strategies and rational expectations.

Programme Structure

Courses include:

  • Making choices under risk: Prospect Theory
  • Heuristics and Biases
  • Behavioural Game Theory
  • Social Preferences
  • Nudges, Policy and Happiness
  • Theory of Economic Fluctuations
  • Money Illusion and Monetary Policy

Key information

Duration

  • Full-time
    • 19 days

Start dates & application deadlines

More details
    • Visit the website for full details.

Language

English

Credits

7 ECTS
  • 3-4 credits (US) 
  • 7.5 ECTS points (EU)

Delivered

On Campus

Campus Location

  • London, United Kingdom

What students do after studying

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

This course is suitable if you do not have a background in behavioural economics but would like an understanding of how the field can be used to inform business strategy and policy decisions. It is ideal if you are pursuing a career in consulting, policy development, marketing or in government. It is equally applicable to developing the skills needed for further academic study.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.
  • International

    Non-residents
    4150 GBP / full
    4150 GBP / full
  • Domestic

    Citizens or residents
    4150 GBP / full
    4150 GBP / full

Additional Details

  • One Session - £4,150
  • Two sessions - £7,300
  • Three sessions - £9,000

Living costs

London

United Kingdom
1137 - 2157 GBP / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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