Behavioural and Applied Economics

Overview

Introduction

A specialized education in Economics.

• acquire empirical analysis tools integrated with skills in using large data sets in order to perform deep studies in a broad area of economics, from industrial organization to labor economics, public policy evaluation programs, data analytics and big data. 
• improve the predictive power of economic models by incorporating insights from psychology. Predictable deviations from rationality benchmarks (biases) are organized into theories that provide a better account of human behavior.

Application deadlines

• March 8th, 2024 for non-EU citizens residing abroad (Non-EU “early bird” applicants submitting the application before February 8th, 2024 at 12:00 (noon CET), will be evaluated with priority.)

• June 14th 2024 only for EU citizens and non-EU citizens regularly resident in Italy

How to Apply

• Access the online application form

• Upload the required documents

• Submit your online application by the deadline

• Pay the application’s fee of 15 Euros

Requirements

• Bachelor’s degree Honors (or equivalent) with specific courses in the areas of economics, management, statistics, and mathematics

• English at the B2 level of the Common European Framework of Reference

Selection criteria

• English language proficiency

• Curriculum studiorum

• Curriculum Vitae

• Two Reference letters

• Statement of purposes: applicants will be asked to reply to a few questions

Curriculum

Crash courses

• Introduction to International Business

• Introduction to Quantitative Methods

• Introduction to Economics

• Legal Foundations

1st year

• Microeconomics: Game Theory and Imperfect Markets

• Statistical methods for Experiments and Data Learning

• International Contracts Law

• Behavioural Economics 

• Computer simulation for Economics

• Applied Econometric

• Business and Performance Analysis

2nd Year 

• Public policies: Nudging 

• Public policies: Counterfactual Evaluation Methods

• Questionnaire Design Empirical Labour Economics: Data and Policies or Data Analysis and Field Experiments

Electives

• Psychology of Decision Making

• Behavioural Finance

IT Skills 

• Introduction to Stata 

• Introduction to Programming 

Internship 

Master Thesis 

Scholarships for non-EU Citizens living abroad

Top-scored candidates will be entitled to receive a UniTrento scholarship according to scholarship availability. Tuition fees are waived for students granted with UniTrento scholarship.

Scholarships for EU Citizens and Non-EU citizens regularly living in Italy

Tuition Fees for Eu Citizens and Non-Eu citizens living in Italy may range from 340€ to 3.400€. The final amount depends on the financial situation of your family calculated by an economic indicator called "ISEE Università ".

Details about tuition fees and ISEE are available on Infostudenti. If the "ISEE Università" will not be calculated, the maximum amount of tuition fees will be applied. 

Once the ISEE has been calculated students, if eligible, can apply for the Opera Universitaria scholarship, starting from June/July. 

Career Opportunities

Graduates in Behavioural and Applied Economics learn to assess and interpret economic phenomena by combining the economic theory and the empirical evidence in the form of experimental data and observational data. This makes them able to put their expertise to work both in the private and the public sector as:

• Researchera in national and international research centers, think tanks and non-profit organizations (Bank of Italy, EU, UN, OECD, World Bank, FAO, UNICEF, etc…).
• Consultanta in banks and financial institutions (European Central Bank, Bank of Italy, etc.)
• Financial Advisors
• Data or market analysts for private companies
• Advertisers

Specifically, BEA graduates are able to analyze, seize and use experimental data to collocate the baseline organization in its economic context and understand the trend of the economic variables and the economic behavior of people. Moreover, they possess skills in conducting data analysis to test economic theory and provide insightful policy advice.The set of competences acquired and the empirical approach make them skilled to assess independently and provide policy recommendations and strategic governance for Companies, NGO's and Public organizations at international level. 

BEA graduates are trained to collect, analyze and explain data as well as connect together the different economics players of organizations and predict the potential effects of economic decisions. Graduates are also able to monitor and suggest corrections towards undertaken actions, address new development strategies within organizations, both public and private. 

This makes BEA graduates fit to work as market and data analysts or professional experts in different and complex economic systems with high responsibilities like multinational corporations, banks or government institutions, NGO's, as well as international research institutions and public administrations. 

In addition, BEA Master Programme provides graduates with the necessary foundations in economics and statistics to proceed to a PhD.