University of Warwick

What you'll study

This programme develops a rigorous grounding in microeconomic theory and experimental methods, combined with practical training in econometrics and causal inference. Teaching blends core lectures, hands-on lab work and a substantial independent dissertation or applied project.

• Core theory and foundations: behavioural microeconomics, bounded rationality, prospect theory and models of preferences and belief-updating.
• Experimental methods: design and implementation of laboratory and field experiments, behavioural data collection, survey experiments and ethical considerations.
• Empirical methods and data analysis: applied econometrics for microdata, causal inference techniques, statistical programming in languages such as R, Python or Stata.
• Decision-making and applied topics: behavioural public policy, consumer behaviour, behavioural finance, social preferences and cooperation, nudging and intervention design.
• Practical projects and dissertation: an independent research project or dissertation using experimental or observational data, often supervised by faculty from Economics, Psychology or Warwick Business School.

Modules typically mix lectures, workshops and practical lab sessions using the university's behavioural research facilities. Assessment commonly includes coursework, project reports, experiments and the final dissertation.

Entry requirements

Applicants are normally expected to hold a good undergraduate degree in economics, mathematics, statistics, psychology, or a related social-science or quantitative discipline. A strong background in mathematics (calculus, linear algebra) and statistics or econometrics is important, and prior experience with statistical software or programming is advantageous.

Admission decisions are based on the overall application including academic transcripts, references, personal statement and any relevant research or work experience. International applicants must demonstrate English language proficiency through a recognised test or qualification where applicable.

Career prospects

Graduates from this programme go on to a range of careers where understanding behaviour and evidence-based intervention matters. Typical destinations include:

• Behavioural insight units in government and public policy organisations
• Management consulting and strategy teams focusing on consumer behaviour and organisational decision-making
• Financial services and fintech roles applying behavioural finance principles
• Market research, user experience and product teams in private sector firms
• Data science and analytics roles that combine causal inference with domain knowledge
• Further academic research or doctoral study in economics, behavioural science or related fields

Why study at University of Warwick

Warwick brings together strong core departments and interdisciplinary centres that support behavioural research and teaching. Students benefit from access to dedicated behavioural and experimental labs, collaboration opportunities with Warwick Business School and the Department of Economics, and supervision from active researchers in behavioural and experimental economics.

The programme emphasises applied skills—experimental design, programming and causal analysis—that employers seek, and it sits within a broader environment of policy engagement and industry links. The university's postgraduate support services, research seminars and networking activities provide additional career development and research opportunities.