The Department of Economics at Middlesex University offers a Behavioural Economics in Action MSc (BEiA MSc) and has a growing PhD programme in Economics. We offer our graduate students a rigorous and relevant training in economics, and provide a setting in which debate and research can flourish. Our graduate courses prepare students for a wide range of careers in academia, government, and business.
The BEiA MSc is a one-year programme. It is the first of its type in Europe and offers a focus on both the theoretical aspects and practial applications of behavioural economics. Those students awarded the Master degree will have acquired an excellent set of skills that will allow them to enter a PhD programme or to go into a technically demanding job.
The PhD programme focuses on the development of students’ research skills and critical thinking. The purpose of the PhD degree programme is to prepare students for careers in research and teaching at academic institutions, consulting or financial firms, and international organisations. Studying Economics at Middlesex University gives you the opportunity to become a part of an active research community.
Due to a high demand for practitioners of behavioural economics, we have launched a new MSc program Behavioural Economics in Action (BEiA) starting on October 2015. Our program has strong emphasis on real world applications, that is, in action. Applying behavioural economics to real-world problems is becoming increasingly widespread.
Over the past decade, techniques in behavioural economics have been applied by a large number of both private and public sector organisations. These include the Bank of England, Coca-Cola, the Financial Conduct Authority, Google, HMRC, Hyundai, HSBC, Oxfam, VISA and the NHS, while concepts from behavioural economics are widely used in areas such as marketing, organ donor framing, incentives to save, incentives to spend, exercise , education, health etc. There does not seem to be an aspect of life in which applications from behavioural economics are not relevant
The main findings from behavioural economics are that individuals deviate from optimal behaviour in a consistent and regular manner. Recently policymakers are appreciating the relevance of behavioural economics tools in understanding the behaviour of individuals.
- Basic Stats by Dr. Ductor
- Behavioural finance by Dr. Joro Kolev
- Design of Experiments by Prof. Pablo Branas-Garza
- Econometrics by Dr. Ductor
- Experimental Markets by Prof. Praveen Kujal
- Games of Strategy by Dr. Ismael Rodriguez-Lara
- Individual decision-making by Dr. Quang Nguyen
- Lab Labour by Dr. Natalia Jimenez
- Programming in Z-tree by Balint Lenkei
- RCT (Field Experiments) by Dr. Ericka Rascon
- Social preferences by Dr. Joris Gillet
MSc Thesis: Practical Applications of Behavioral Economics Research in Fostering Learning Effectiveness [download here]
Ruqqayah Nuru Yakuba
MSc Thesis: Promoting democracy within the youth: An experiment in Nigeria [download here]
MSc Thesis: The effect of behavioural messaging on response rates to marketing emails. [download here]
The Economics Department at Middlesex University offers PhD supervision in areas of Experimental and Behavioural Economics, Banking & Finance, and Applied Economics (Networks, Labour, Industrial Organization, Randomised Controlled Trials, and Applied Trade). Our Department is host to the Behavioural Economics Group (BEC:).
BEC is composed of active researchers in experimental economics with an established international reputation. Based on research output (RePec) we are 8th in the UK.
- ECS2290 Trade and Int. Business [ML]
- ECS3300 Industrial Organisation [ML]
- International Trade
- Applied IO
Dr. Michela Vecchi
Associate Professor of Economics
- ECS3870 Econometrics [ML]
- ECS4002 Data Analysis
- Labour Economics Productivity & Innovation Panel Data Econometrics