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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
- 3 days
Start dates & application deadlines
- StartingApply anytime.
Language
English
Credits
7 ECTS
Delivered
On Campus
Disciplines
Economics View 138 other Short Courses in Economics in United KingdomAcademic 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.
Student insurance
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:
- Additional medical costs (i.e. dental)
- Repatriation, if something happens to you or your family
- Liability
- Home contents and baggage
- Accidents
- Legal aid
We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.
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Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at London School of Economics and Political Science and/or in United Kingdom, please visit Student Insurance Portal.
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 Fee
To always see correct tuition fees
-
International
2950 GBP/fullTuition FeeBased on the tuition of 2950 GBP for the full programme during 3 days. -
National
2950 GBP/fullTuition FeeBased on the tuition of 2950 GBP for the full programme during 3 days.
- Student rate: £2,950
- Standard rate: £3,950
Living costs for London
1137 - 2157 GBP /month
Living costs
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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