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Behavioral Economics

What Is Behavioral Economics?

Behavioral economics is the study of judgment and choice, providing a lens through which people can understand anomalies in human behavior that traditional economic models are unable to explain. This area of study blends psychology and economics to provide a fuller understanding of human behavior and customer preferences, and focuses on errors in cognition. Professionals utilize their knowledge of behavioral economics to increase pro-social behaviors and improve consumer outcomes (for example, increasing retirement savings, increasing organ donation, or improving customer experience).

Online Behavioral Economics Programs at The Chicago School

Our Behavioral Economics programs are designed to support personalized interaction between you and faculty. The Chicago School has implemented and tailored the curriculum of these programs to suit the online format, enabling diverse modes of learning. Forums, audio, and video recordings support live virtual meetings to create an accommodating environment for you. The Behavioral Economics programs are 100% online and asynchronous, with optional Zoom meetings each term to meet with instructors.

Online M.A. Behavioral Economics
Online
Certificate in Behavioral Economics
Online

Careers in Behavioral Economics

Graduates of The Chicago School’s Behavioral Economics program will be prepared to deliver outstanding professional services, perform research, excel as leaders and policy advisers, and sensitively and inclusively serve diverse populations in business, marketing, and politics.

Public and Private Sector Employers:
  • Goverment
  • Business
  • Nonprofit
  • Marketing
  • Human resources
  • Consulting agencies
  • Higher education
  • Public relations
Behavioral Economics Job Titles:
  • Research associate
  • Behavioral economist
  • Specialist in behavioral economics
  • Behavioral economist consultant
  • Behavioral scientist
  • Qualitative/quantitative behavioral scientist
  • Consultant

Behavioral Economics FAQs

What can you do with a behavioral economics degree?

Typically, someone looking to pursue a career in business, marketing, and politics who is interested in decision-making, consumer behavior, and negotiation would be a great fit for a behavioral economics degree. Whether you want to work for the government, a marketing agency, nonprofit management, public relations, or business, the behavioral economics programs are designed to teach valuable skills applicable in these career fields.

Can you study behavioral economics online?

Yes! Both the Behavioral Economics master’s program and the certificate program are offered 100% online and asynchronously.

elizabeth schwab

Elizabeth Schwab, Psy.D.

Associate Department Chair, Business Psychology, Founding Program Chair, M.A. Behavioral Economics
Behavioral economics, especially our program in particular, is grounded in psychology. We study the mechanisms behind what economists observe and predict."
Learn More About Dr. Schwab

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