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MSc Economic Psychology

Course Description

In our progam, you learn about economic and psychological reasoning and theories and how to apply them in order to understand decisions and motivation behind consumption and other economic behavior in daily life. You develop an understanding of the basic principles of the psychology of economic behavior and, as such, our graduates become experts on consumer behavior, financial behavior, negotiation and bargaining. The focus of the program is on basic theories of economic behavior, basic theories of consumer behavior, and more specific courses on marketing and money. Our core curriculum focuses on the integration of psychological and economic theories and practice, consisting of four unique courses is a minimum to ensure this and to prepare you for a career in which you will collaborate with economists, marketers and business researchers.

Economic Psychology

The track Economic Psychology is embedded in the Master's program Social Psychology. Economic Psychology studies the psychological mechanisms that underlie consumption and other economic behaviors. It is an area where psychology and economics intersect. It deals with economic preferences, choices, decisions, and factors influencing these, as well as the consequences of economic decisions.

Career Perspective Social Psychology

With an MSc in Social Psychology, you can work in positions at an academic level in research, communication, policy, consulting, human development and organization development in private, semi-private or governmental organizations. With this MSc, you are able to conduct theoretical and applied research to advance scientific knowledge in the areas of social, economic and work and organizational psychology. You are also able to contribute to many applied fields, because you will be able to develop tools and interventions to solve practical problems in the areas of social, economic and work and organizational psychology and to research the effectiveness thereof.

Visit the MSc Economic Psychology page on the Tilburg University website for more details!

Entry Requirements

In order to be accepted directly onto our Master’s program in Social Psychology, you are required to have the following academic background: 1) A Bachelor’s and/or Master’s degree in Psychology. No exemptions can be made; 2) Advanced knowledge in research methods and statistics, specifically quantitative research; 3) Knowledge of relevant subjects in the field of Social Psychology, Economic Psychology or Work and Organizational Psychology; 4) Familiarity with scientific research and knowledge of the ‘empirical cycle’ (i.e. collecting, analyzing and reporting quantitative data).

Course Fees

EEA citizens (Statutory fee): € 1,998; Non-EEA citizens (Institutional fee): € 14,000

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