Psychology with Economics BSc (Hons)

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.