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MSc Psychology of Economic Life

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Exploring the nature of economic behaviour and thought.

We strive to provide a challenging teaching environment, stretching your mind to empower you to think outside of the box and make a better world, in the LSE tradition of open-mindedness, critical thinking and constructive approach.

This programme will give students expertise in change management and the skills for improving socio-economic systems and business models. It encompasses the domains of consumer behaviour and sustainable consumption, decision-making, corporate communication, creativity and innovation, and economic life in general. Assessment is part of the learning process and the course makes vital use of case studies.


Students will:

  • Gain the skills to review and critically evaluate theories, concepts and empirical research in areas of the psychology of economic life.

  • Approach problems constructively and be challenged to come up with realistic solutions that lead towards a better and more sustainable world.

  • Be exposed to new theories and research methods from multi-disciplinary faculty, all within the cutting-edge Psychological and Behavioural Science Department.

Programme overview & entry requirements

For a full degree overview, fee guide and details on entry requirements, please see the graduate prospectus.

The MSc programme comprises of a number of course units (core and option). The core course and Methods course constitute the central focus of the MSc, providing an advanced understanding of theories, concepts and methods of research. These courses are taught by a team of lecturers. The various option courses allow you to pursue diverse interests in the social psychology, permitting a range of specialisms. In the research report you will draw upon the Methods course to conduct original research which develops your particular interests. 

For a full programme structure, links to the course guide and indicative reading lists, please see the programme calendar.

Examples of student work

Graduate career destinations

The employment prospects of Psychology graduates are excellent. Our students go into a wide variety of roles and settings, for example consultancy, government, international organisations, corporations and companies in search of more sustainable or non-standard business models, non-governmental organisations (NGOs), charities; and some continue to obtain PhDs and pursue an academic career. The destinations of our students are extremely diverse; it seems that the skills we provide and the reputation of the LSE enable students to enter organizations in an unexpected variety of positions. Psychology is proven to be useful in all managerial and advisory positions.

About the programme director

Professor Saadi Lahlou is a trained statistician and economist with a PhD in social psychology. Lahlou's current research tries to understand how context influences behaviour, or, "Installation theory" which provides a framework to describe the various components of activity.

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Contact us

Jacqueline Crane
Service Delivery Manager
MSc Programmes (Department of Psychological & Behavioural Science)

Department contact for issues relating directly to MSc study:
+44 (0)20 7955 7995