How to make smarter, more effective economic policy? Looking at psychology and sociology in economic theory and policy design will bridge the gap between theory and practice.
We face complex tasks when designing a policy that is effective, and also when assessing its impact. How do we define and measure welfare? And how do we design more effective policies? This specialisation starts with mainstream economic theory, and incorporates a variety of perspectives from psychology, sociology, public choice, political economy, culture, and philosophy. By introducing behavioural insights into complex policy questions, we prepare you to understand and design successful policies in your future career as a policy maker, manager, analyst or consultant, in public or private organisations.