Advance your career in human behaviour analysis
Understanding social and economic decision-making is important on the neurobiological, psychological and economics level. The information is very valuable for careers in consulting, marketing, management and research. The curriculum of the Neuroeconomics track consists of courses that fit the need for this information. It will provide you with a broad range of skills, in-depth knowledge and the international expertise which you will need to advance your career.
Neuroeconomics is one of the tracks of the MSc Business Economics. During your Master's you will follow 5 general courses and 4 track-specific courses. You will finish with a thesis.
In this course you learn about regression analysis. In applied economics this is a powerful tool to analyse empirical relationships. Particular attention will be paid to the statistical assumptions underlying the basic model. We will cover the analysis of: (1) experimental data, (2) panel data and (3) time series.
Games and Strategy
In this course we use game theory to analyse optimal strategies for firms. After discussing the main concepts of game theory we apply these concepts to business strategy. We distinguish between the internal context and the external context of the firm.
Classic economics assume agents to be rational and selfish. Behavioural economics challenge both assumptions. You will study individual choice: bounded rationality concepts in decisions under uncertainty, information processing, judgement, time preferences and heuristic decision-making. Also you will explore strategic interaction, especially social preferences and reciprocity.
In this course you will learn the basic methodology of experimental economics: how to design a simple experiment, including writing instructions. You will practice both with laboratory and field experimentation evolving around industrial organisation, labour economics, behavioural economics and individual and group decision making.
Formulating a good research question for your thesis can be challenging. This course helps you find one, by discussing your ideas with faculty members and fellow students.
Brain Organisation and Cognition for Behavioural Scientists
Each week an expert from the field will teach you about a specific topic related to the cognitive and affective neuroscience field. All topics covered are highly relevant as they contribute fundamental cognitive and emotional processes in decision-making. You will learn about topics such as: neurons and synapses, brain anatomy, attention, memory, learning, emotions, and decision-making.
In this course you will become familiar with neuroeconomics: a relatively new field of research. You will learn to understand its relevance for understanding economic behaviour. Topics you will cover are: (1) the mechanics of the brain and the techniques and methods used by neuroeconomists, (2) the value systems determining behaviour: goal-directed, habitual, and Pavlovian and (3) the interaction between emotion and cognition. Expect firing discussions on (potential) applications and ethical issues.
Neuroeconomic Methods for Behavioural Scientists
This course introduces you to neuroscientific methods commonly used in neuroeconomics, social neuroscience and related disciplines. Focus is on functional Magnetic Resonance Imaging (fMRI), the most common research method in the field. You will learn about the physiological basis of the BOLD signal and how to use fMRI to identify the processes involved in decision-making. In tutorials you will gain hands-on experience with pre-processing and analysing fMRI data with the software package SPM 12.
Introduction to MATLAB Programming for Behavioural Scientists
The course will comprise a basic introduction to MATLAB, designed to be suitable for students with little or no prior programming knowledge. The programme will be based on introductory lectures and hands-on assignments, with the help and supervision of expert programmers. During the 1st part of the course, students will learn to apply basic functions and code in MATLAB. Building on the acquired knowledge, students will then be guided to program different tasks to acquire actual behavioural data.
The academic programme culminates in a thesis, which allows you to engage with state-of-the-art data analysis and statistical techniques. The Master’s thesis is the final requirement for your graduation. It is your chance to dive deep into a topic in your field of choice (track) that you are enthusiastic about, and allows you to do an independent research project. A professor of your track will supervise and support you in writing your thesis.
If you are a student of the Business Economics MSc and you have a record of academic excellence, a critical mind and an enthusiasm for applied research, then our Business Economics Honours programme is a great opportunity for you.
A newspaper headline stated that brain scans reveal that we literally love our iPhones. However, this is a clear misrepresentation of scientific results. Unfortunately such overstatements are relatively common in the public press. As a student in the Neuroeconomics track, you will learn to correctly employ scientific methods in research settings and critically evaluate scientific findings.
Examples of relevant issues that could be discussed in your classroom.
- Does Neuroeconomics enable us to read others’ minds?
- How does the brain respond to social media?
- Can we change our habits by rewiring our brain?
- What is the neural circuitry involved in financial and social decision-making?
I got to learn from the best of the bestMatthew White - track Neuroeconomics Read about Matthew's experiences with this Master's
Internship and exchange
Once you have completed your curriculum, you will have the possibility of doing an internship or going on an exchange abroad. For international students, it is an excellent opportunity to experience the Dutch labour market.
Dutch language course
Are you interested in learning Dutch? There are different options to give you the opportunity to maximise your Dutch experience and prepare for your future job in the Netherlands.
Many of our students are members of a study association. It is fun and useful for your future career at the same time. Faculty student associations are a great way to meet fellow students and future employers. They organise study trips (abroad), career events, weekly debates, parties and receptions with drinks. Sometimes you can also purchase your textbooks and course syllabi at reduced rates.
Overview Study Associations
- Faculty student association Sefa
- International Student Committee (ISC,part of Sefa)
- International Student Network Amsterdam (ISN, part of Sefa)
- Study Association Actuarial Sciences, Econometrics and Operational Research (VSAE)
- Financial Study Association Amsterdam (FSA)
- Marketing Association Amsterdam (MAA)
- International study association (AIESEC)
Amsterdam has a thriving student community with many activities organised outside of the university’s grounds. You will find student associations focusing on networking, specific interests and sports. It is only at sororities and fraternities that you can expect an initiation ritual (hazing).
At university, you are entitled to make your voice heard and assess the quality of your own education. Students can participate in the discussion on the university's education policy in various ways, such as by joining the Programme Committee, the Faculty Student Council or the first-year focus group. You can also stand for election and dedicate your efforts to the programme and your fellow students.