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Behavioural and Experimental Economics MSc

The Behavioural and Experimental Economics MSc provides you with advanced training in core areas of economics. You'll acquire specialist knowledge in behavioural economic theory and experimental methods in economics.

You are currently viewing course information for entry year:


Start date(s):

  • September 2025
Is PG right for me? Join our webinar. Wednesday 23 October, 14:00-15:00 BST

Overview

You will learn how psychological foundations of behaviour are integrated in recent economic theory. These foundations shape policy making in areas such as public health and environmental protection.

You will gain understanding of experimental methods in economics through classroom experiments.

You can tailor your degree by choosing from a range of optional modules.

The MSc dissertation will give you the opportunity to apply your insights and design your own experiment. Our knowledgeable academics will offer support and guidance throughout your studies.

Upon graduating, you will have developed the skills necessary to excel in your career. These skills can lead to roles including a professional economist, policy maker or academic researcher.

In addition to the MSc Behavioural and Experimental Economics, we also offer the following courses for candidates with a substantial background in Economics (undergraduate degree in Economics or equivalent):

We offer the following course for candidates without a background in Economics:

Important information

We've highlighted important information about your course. Please take note of any deadlines.

What you'll learn

Gain advanced skills in economic theory at Newcastle University. You'll also learn quantitative methods in econometrics and mathematical economics.

You will learn the theory, analytical tools and data analysis methods to help solve a variety of real-world economic problems. You'll gain understanding of specialist software packages in high demand by employers.

Tackle advanced topics of microeconomics and macroeconomics that maximises skill and knowledge. You'll also develop soft skills essential for any sector.

Modules

You will study modules on this course. A module is a unit of a course with its own approved aims and outcomes and assessment methods.

How you'll learn

Your development

Professional skills

You will apply economic theory to real world problems via stimulating lectures taught by specialists in the area. Learning will be critical of current research ideas and topics.

Research skills

Adding further knowledge of your topic area to your dissertation will show your research skills.

Skills and experience

You will learn the theory, analytical tools and data to help find solutions to deal with a wide variety of real-world economic problems.

You will also develop soft skills essential for employment in any sector.

Your future

On graduating, you will have acquired a wide range of attributes sought after by employers. This includes:

  • analytical thinking
  • argument formulation
  • critical thinking
  • problem solving
  • data analysis
  • communication
  • independent learning and research

The MSc Behavioural and Experimental Economics degree is a competitive qualification. It is a route that can lead to high salaries and prospects. The programme will prepare you for jobs in different sectors, such as:

  • the government
  • the private sector
  • central banking
  • international organisations
  • universities

Graduates could achieve job roles such as:

  • economists
  • data scientists
  • statisticians
  • market researchers
  • policy analysts
  • consultants
  • academics

Our Careers Service

Our award-winning Careers Service is one of the largest and best in the country, and we have strong links with employers. We provide an extensive range of opportunities to all students through our ncl+ initiative.

Visit our Careers Service website

Quality and ranking

All professional accreditations are reviewed regularly by their professional body

Facilities

Newcastle University Business School is one of the largest Schools in the University. We have over 3,500 students representing over 80 nationalities. This valuable network extends beyond our current students to include:

  • regional, national and international leaders
  • over 34,000 alumni in our network, spanning over 150 countries
  • leading professionals and practitioners from industry
  • The Business School is the gateway to Newcastle Helix - an innovation hub and community that brings together industry leaders, businesses and top researchers.

Our facilities include:

  • flexible conference room with panoramic views across the city
  • Wi-Fi enabled connectivity throughout the building, including three computer clusters housing over 120 PCs
  • four large lecture theatres and over 25 seminar and teaching spaces, providing comfortable teaching and group study space
  • dedicated Student Hub and Quiet Space, providing a balanced mix of study space for group work or quiet, individual study
  • contemporary café
  • employability hub to support your career aspirations
  • Bloomberg Room to give you a real feel for the trading room floor

The Frederick Douglass Centre at Newcastle Helix also offers further study and learning spaces. This includes a 750 seat auditorium – the largest in the University.

Newcastle Experimental and Behavioural Economics Lab

Students on this programme will make extensive use of the Newcastle Experimental and Behavioural Economics Lab. This state-of-the-art research facility is used for conducting studies in experimental economics and economic psychology. It allows for testing economic theory, measuring preferences, and pre-testing policy interventions.

The lab has 36 participant workstations with privacy screens and two experimenter workstations. A full suite of experimental software packages are available.

Find out more about Newcastle University Business School

Main Newcastle University Business School building viewed from St James' Park

Fees and funding

Tuition fees for 2025 entry (per year)

What you're paying for

Tuition fees include the costs of:

  • matriculation
  • registration
  • tuition (or supervision)
  • library access
  • examination
  • re-examination
  • graduation

Find out more about:

Search for funding

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Entry requirements

The entrance requirements below apply to 2025 entry.

Qualifications from outside the UK

English Language requirements

Admissions policy

This policy applies to all undergraduate and postgraduate admissions at Newcastle University. It is intended to provide information about our admissions policies and procedures to applicants and potential applicants, to their advisors and family members, and to staff of the University.

University Admissions Policy and related policies and procedures

Credit transfer and Recognition of Prior Learning

Recognition of Prior Learning (RPL) can allow you to convert existing relevant university-level knowledge, skills and experience into credits towards a qualification. Find out more about the RPL policy which may apply to this course

How to apply


Using the application portal

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You can choose to start your application, save your details and come back to complete it later.

If you’re ready, you can select Apply Online and you’ll be taken directly to the application portal.

Alternatively you can find out more about applying on our applications and offers pages.


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Get in touch

Questions about this course?

If you have specific questions about this course you can contact:

Dr Till Weber - Degree Programme Director
Newcastle University Business School
Telephone: +44 (0) 191 208 2802
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