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MSc in Economics, Behaviour and Policy

Radboud University Business and Economics

Full time September MSc Full-time: 1 year

About the course

Master's specialisation in Economics, Behaviour and Policy

Bridging the gap between theory and practice – and applying them to the design of sound, feasible policies – can provide the key to solving micro, meso and macroeconomic issues.

How do policy makers make decisions that affect economic, societal and personal welfare? How is welfare defined and measured? And how can we design more effective policies? This specialisation covers not only econometric questions, but also psychological, cultural, legal and philosophical ones. By improving your insight into complex issues, it will prepare you for designing successful strategies in your future career as a policy maker or consultant .

Our graduates are experts in economic policies who work for government and semi-government organisations, and

Read more about this course

Entry Requirements

1. A Bachelor's degree in Economics – or a closely-related discipline – from a research-oriented university, with sufficient background in Research Methods and Mathematics
2. A proficiency in English (Non-native speakers of English* without a Dutch Bachelor's degree or VWO diploma need one of the following):
a. A TOEFL score of ≥90, with subscores not lower than 18
b. A IELTS score of ≥6.5, with subscores not lower than 6.0
c. Cambridge Certificate of Advanced English (CAE) or Certificate of Proficiency in English (CPE) with a mark of C or higher


€2,168 (from EEA countries); €16,000 (from non-EEA countries).

Course Content

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Student Profile(s)

Julia Schneider

What I like most about this specialisation is how diverse it is. We have courses in all different disciplines of economics. It has challenged me to think about economics in a different way than what I learned in my Bachelor's. The professors really encourage critical thinking and always try to get us to question the status quo. It's not just exam based, but we also have lots of presentations, assignments, and group work, helping me to develop lots of soft skills as well which are equally as important. I also love the group we have - because we're only around 18 students, you really get to know everyone and we occasionally do things outside of class together as well.

The atmosphere in class is very causal and informal, something I wasn't used to. The classes are small, which allows for a lot of personal contact - I'm on a first-name basis with all of my professors, and I know that I'm always free to send them an e-mail if I need help with anything. The classes are discussion-based, and we are always encouraged to ask questions and challenge the ideas being presented (one of my professors even gave bonus points if we debated him!).

To be honest, I have to say that I haven't really struggled in my Master’s specialisation. All the professors and teaching assistants are really available, if I feel like I may struggle with the course I can always go to them early on and ask for help. Our student adviser is also amazing, and very willing to help if you come across any problems in your study. If I had to choose something, I would say balancing the workload is probably the most difficult, the professors do expect a lot of you and the course load is quite heavy.

I think it's important that there are people out there with this degree because behavioural economics is becoming more and more relevant every year. You can also take this degree in a lot of different directions. I know that I want to work in a company, whereas many of my peers want to work in government, and with this degree, both of those are equally possible. After I receive my Master's degree, I hope to stay on in the Netherlands and find a job here with a company.

Bettina Nyeste

The Master’s specialisation in Economics, Behaviour and Policy gave me the opportunity to delve into economics and social problems in a more practical manner. I was really enthusiastic about the challenges to find solutions to real life problems and not just think about them from theoretical point of view. Leaving behind the mainstream economic approach, when we see economic actors as rational maximizers, we rather deal with questions from behavioural perspectives, taking into consideration the imperfection of human nature. I really enjoyed participating in experiments and especially conducting my own experiments where I was provided the possibility to discover new insights to economic and social issues by myself. Besides behavioural and experimental economical approaches, we are also introduced to the pluralism of economics in order to broaden our horizon.

Personally, I was always interested in development and behavioural economics so I focused on courses which could broaden my perspective in this direction, but students are offered several other areas of economics and political studies based on their interest.

I really appreciated the personal connections and close contact with my professors and my fellow students to whom I could turn any time with any question. In the classrooms, we usually had vivid discussions about debatable issues where everyone had the opportunity to make his or her voice heard and share their ideas. I think this is simply the best way of learning.


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