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
- StartingApplication deadline not specified.
- Visit the website for full details.
Language
Credits
- 3-4 credits (US)
- 7.5 ECTS points (EU)
Delivered
Campus Location
- London, United Kingdom
Disciplines
Economics View 101 other Short Courses in Economics in United KingdomWhat students do after studying
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
-
International Applies to you
Applies to youNon-residents4150 GBP / full≈ 4150 GBP / full -
Domestic Applies to you
Applies to youCitizens or residents4150 GBP / full≈ 4150 GBP / full
Additional Details
- One Session - £4,150
- Two sessions - £7,300
- Three sessions - £9,000
Living costs
London
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.