Program Overview

Psychology and Economics: An Interdisciplinary Perspective

Key Information

• Faculty: IOE
• Teaching department: Social Research Institute
• Credit value: 15
• Restrictions: Recommended to students who have taken SOCS0023 Introduction to Psychology I and SOCS0030 Introduction to Economics I or equivalent.

Alternative Credit Options

There are no alternative credit options available for this module.

Description

This 2nd year optional module brings together two core social sciences disciplines, psychology and economics, to understand how they intersect. Standard economics models are commonly criticized for ignoring the psychological complexity of individuals in a way that limits their predictive power. In this module, students will learn about the psychological foundations of systematic cognitive biases and other behavioural insights that meaningfully enrich economics models. The module combines theories and evidence from psychology with how economics incorporates these into its models, aiming to lead to better policies for all.

Module Deliveries for 2026/27 Academic Year

Intended Teaching Term: Term 1

• Undergraduate (FHEQ Level 5)

Teaching and Assessment

Mode of Study

• In person

Methods of Assessment

• 30% Group activity
• 70% Exam

Mark Scheme

• Numeric Marks

Other Information

• Number of students on module in previous year: 0
• Module leader: Dr Hedvig Horvath

Last Updated

This module description was last updated on 10th March 2026.