BEA students will acquire the following skills and competencies, both in Applied and Behavioural Economics. The two specialization are fully integrated in order to provide students with the necessary background to carry out rigorous economic analysis in questions of interest for policy, business and decision making.
- hands-on experience in applying economic theories and a strong background in applied econometrics and data analysis
- Ability of formulating questions scientifically, locating the relevant data, and applying up-to-date methods to analyse data
- Understanding how to interpret the results and to communicate the conclusions competently to decision makers, both specialists and non-specialists
- Advanced knowledge of the economic paradigm and its implications for human decision making.
- Understanding of heuristics and biases that characterize human decision making.
- Ability to model systematic deviations from rational benchmarks.
- Development of experiments, both in the field and in the lab, to investigate relevant behavioral patterns.
- Definition of behavioral intervention policies and assessment of their impact.
Careers and occupations
Graduates in Behavioural and Applied Economics learn to assess and interpret economics 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:
• Researcher in national and international research centres, think tanks and non-profit organizations (Bank of Italy, EU, UN, OECD, World Bank, FAO, UNICEF, etc…).
• Consultant in banks and financial institutions (European Central Bank, Bank of Italy, ...)
• Financial Adviser
• Data or market analyst for private companies
Specifically, BEA graduates are able to analyse, 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 behaviour 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, analyse 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.