Why do people get into debt? How do interest rates, tax and government spending affect us? How does human psychology guide people to make economic decisions? At Essex you understand how and why individuals make economic decisions and errors.
Over the past 20 years, economics has developed a rich literature on human behaviour. You study both psychology and economics, developing parallel methods of analysing decision making and cognition. Blending insights of psychology and economics provides valuable knowledge as to why individuals are not always behaving in their own best interests. Understanding this and the frameworks of behavioural economics can help policymakers create environments that nudge people towards making wiser decisions and healthier lives.
You can also undertake a placement year in which you gain relevant work experience with a business, giving you a competitive edge in the graduate job market and providing you with key contacts within the industry. You will be responsible for finding your placement, but with support and guidance provided by both your department and our Employability and Careers Centre. If you complete a placement year you'll only pay 20% of your usual tuition fee to Essex for that year.
Award: BSc Professional Qualification 4 Years Full Time Taught in English