Bachelor's Degree in Economics: Behavior, Data and Policy
Milan, Italy
DURATION
3 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
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EARLIEST START DATE
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TUITION FEES
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STUDY FORMAT
On-Campus
Key Summary
Introduction
The Bachelor's Degree Programme in Economics: Behavior, Data and Policy is a three-year programme, entirely taught in English, that aims to provide a basic but solid knowledge of economic theory, its principles, and its quantitative and statistical tools. This knowledge is aimed at developing the ability to produce analysis and research in all the fields of economics. Students will acquire the ability to analyze the behavioral mechanisms that lead individuals to make decisions that influence the organization and functioning of markets. At the same time, they will understand economic systems, also from an international perspective, and the policies that regulate them. The programme also aims to provide critical awareness of social issues in contemporary reality, which are closely related to economic development, like public policies to counter inequality. The programme also offers an applied approach, with constant use of data analysis, and includes innovative branches of economics such as behavioral economics and experimental methods. The programme's strongly internationally-oriented perspective is finally granted by the use of English as language of instruction.
The first two years of the study programme aim to ensure basic knowledge in different disciplines, with a training in quantitative methods and the development of reasoning and critical thinking skills. Furthermore, students will grasp the basic principles of economics in order to acquire tools for analysing individual choices, market functioning, dynamics underlying economic activities and the labor market. Through targeted teaching, students will develop the ability to collect, process and interpret statistical data, with an early focus on consumer behavior.
In the third year of the program, students take advanced courses and apply the tools and skills acquired earlier. They also have the opportunity to further enrich their competencies in analysing the behavioral mechanisms influencing consumer choices.
The knowledge and skills acquired are useful both for graduates intending to continue their academic career with a Master Degree and for graduates entering the job market in positions and professional profiles such as operative marketing technician; strategic marketing technician, market analyst, and data technician.
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Admissions
Curriculum
1° Course Year
- Business Economics and Marketing
- Coding
- Data Protection and Consumer Law
- Mathematics
- Microeconomics
- Philosophy of Science
- Probability and Statistics
2° Course Year
- Causal Inference and Policy Evaluation
- Competition and Advertising Law
- Econometrics
- Experimental Economics
- Macroeconomics
- Microeconomics of Uncertainty
- Public Economics
3° Course Year
- Behavioral Economics
- Consumer Behavior and Marketing Strategy
- Development and Sustainability
- Final Exam
- Labour Markets and Migration
- Machine Learning for Economics
Further Elective Courses
- Students must earn 12 credits for elective activities (including laboratories up to )
- Students must earn 6 credits by selecting among the following alternatives
- Computer skills
- Internship
- Transversal skills
- Additional language skills (max )
- Other activities in which laboratories can be included (max )
Additional Language Skills (Choose One)
- French
- German
- Italian
- Spanish
Program Outcome
Knowledge and Comprehension Skills
The Bachelor's Degree Programme in Economics: Behavior, Data, and Policy aims to provide theoretical and applied knowledge and skills in the fields of economics, business, law, computer science, and mathematical statistics. Graduates will be able to understand:
- Economic modeling
- The mechanisms of individual decision-making in economics and related fields
- The functioning of markets and the policies that regulate them
- The functioning of economic systems, also from an international perspective
- The main quantitative and statistical methods used in the analysis of economic data
In addition, graduates will also acquire strong competencies in mathematical and statistical tools, a basic knowledge of business disciplines, and the fundamental principles and institutions of the legal system that regulate the mechanisms underlying production, exchange, and consumers' choices.
Application of Knowledge and Comprehension Skills
Knowledge and comprehension skills are provided mainly through lectures, seminars, assignments, individual and group presentations, exercise classes, as well as through individual study. The knowledge and comprehension skills acquired will enable the graduates to deal with economic modeling. They will also acquire the practical skills necessary to gather, process, and analyze data in order to conduct economic analysis. Graduates will thus find their natural working environment in private companies, public administrations, and other organizations with an international perspective.
The first two years of the Degree program ensure basic knowledge in different areas, which contribute to methodological training in the quantitative field (mathematics and statistics). Students will acquire the basic principles of economics, and they will acquire essential tools for the analysis of individual choices, the functioning of markets, and the dynamics underlying economic variables. Through targeted training activities, students will also acquire the ability to process and interpret statistical data.
In their third year, students will enrich their knowledge through courses focused on the analysis of behavioral mechanisms of consumer choices. Several courses will also give the opportunity to deepen the acquired knowledge and use it from a practical perspective through individual and group presentations as well as thanks to the participation in laboratories.
Making Judgements
At the end of the Degree program in Economics: Behavior, Data, and Policy, graduates will develop critical skills related to the usefulness and limitations of economic modeling. They will also be able to make autonomous judgments about empirical research applied to economic phenomena and about the identification of causal links.
In particular, their independent thinking will embrace: individual decision-making mechanisms in economics; how individual decision-making influences the organization and functioning of markets; the effectiveness and results of economic policies implemented by governments and authorities; and the costs and benefits of policies aimed at regulating markets and promoting competition. In addition, the Degree program aims to provide critical awareness of social issues closely related to economic development such as inequality and sustainability.
Communication Skills
Graduates will be able to effectively communicate and disseminate in a clear manner (both in written and oral English) the results of their work, with a solid proficiency in the use of the disciplinary language. In particular, they will be able to present and discuss the output of their research by means of reports and convey information on economic issues, using innovative digital and information technologies. They will also be able to set up cooperative and collaborative relationships within working groups.
Learning Skills
Graduates in Economics: Behavior, Data, and Policy will learn how to develop and deepen their skills, through consulting bibliographic materials; consulting databases, and other information on the Web. Graduates will also learn to gather and select information from relevant sources and to process and analyze data to shed light on economic phenomena. Graduates will also learn to frame individual economic choices within a rational decision-making perspective.
The Degree Program will provide useful methodological and empirical skills both to proceed with the academic career in international Master's Degree programs and to shape a professional profile well-equipped to enter the labor market.
Program Tuition Fee
Career Opportunities
Professional Profile and Employment Opportunities
The Degree Programme in Economics: Behavior, Data and Policy aims to train the following professional figures.
Profile: Data Technician
- Function in a Work Context: Assist specialists in experimental research and in demographic, epidemiological, social, and economic surveys; verify and apply research and data acquisition procedures; quality control of collected data and statistical processing and analysis of the data
- Skills Associated with the Function: Solid quantitative and methodological basis for collecting data and conducting statistical analysis
- Employment Outlets: Enterprises, public and private organizations
Profile: Market Analyst
- Function in a Work Context: Assist specialists in defining marketing strategies; carry out research on consumer reactions and market conditions; evaluate commercial penetration opportunities for products or services; identify competitive situations, prices, and types of consumers; apply established procedures to collect relevant information; organize and analyze collected information, and present it in a relevant and meaningful way to specialists and managers
- Skills Associated with the Function: Solid quantitative basis for conducting statistical analysis, in-depth knowledge of market systems, and behavioural mechanisms of consumer choices
- Employment Outlets: Enterprises, public and private organizations