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Psychological Perspectives on Economic Behaviour

Master's level | 15 credits | Course code: PX2115
Autumn 2020
50% Day
Period: 31 August 2020 - 17 January 2021
2 Closed GU-17361
2) Only EU/EEA citizens and students with approved residence permit in Sweden can apply

About the Course

We make economic choices every day, ranging from which breakfast cereals to buy, to whether to apply for a house mortgage. Economic psychology (or behavioural economics) is an exciting and growing research field at the intersection between psychology and economics. In this course, you will learn how psychological factors affect every day economic behaviour as well as larger financial decisions. The course covers, for example, the relationship between money and happiness, how we judge prices in foreign currencies, stock market psychology, how and why our experience of a product is affected by how much we paid for it, and why financial incentives sometimes have the opposite effect to what was intended.

The course is suited for economics students who seek to complement their knowledge with insights from psychology, and for psychology students interested in economic behaviour. Prior knowledge is however not essential to benefit from the course, just an interest in the combination of economics and psychology.

Combine with: Environmental Psychology

If you are an EU/EEA citizen or have an approved residence permit in Sweden, you can now study psychology taught in English for a full semester. This course is possible to combine with Environmental Psychology. Please note that you have to apply to both of them.

The teaching consists of lectures and seminars. The seminars are focused around scientific articles and involve discussions and exercises. 


More Information

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Course Syllabus


Requirements and Selection

Requirements: For admission to the course, completion of university education of at least 180 credits is required at first cycle level. Language skills equivalent: English 6/English course B from Swedish upper-secondary school or the equivalent knowledge from an international confessed test, such as TOEFL or IELTS.

Selection: Selection is based upon the number of credits from previous university studies, maximum 225 credits.

Tuition Fee

Application fee: 900 SEK
Full course cost: 21 250 SEK
First payment: 21 250 SEK

EU/EEA citizens, Swedish residence permit holders and exchange students do not pay fees. More information on:

Study Guidance

Elin Carlfalk, phone: 031-786 6766. E-mail:


Department of Psychology
Box 500
40530 Göteborg
Visiting address: Haraldsgatan 1

Page Manager: Pontus Sundén
Last update: 2/18/2020 2:41 PM

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Page Manager: Pontus Sundén|Last update: 10/16/2018

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