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Economic and Social Sciences

Program Director: Tommaso Monacelli

The Bachelor of Science in Economic and Social Sciences is a program in economics, but highly interdisciplinary in nature and grounded in solid quantitative and methodological foundations. With its particular blend of economic, quantitative and social science topics, this innovative program finds synergies among subjects, to attain different perspectives on leading international economic issues.

It is among the pioneering programs in Europe in proposing a new integrated view of economics and social sciences. Today, sociologists make use of game theory, and demographers use economic models to analyze population dynamics. Similarly, economists talk about crime and incentives, analyze the mind - both in philosophical and psychological terms -  and study social stratification, among other areas of multidisciplinary convergence.

The program focuses on understanding how individuals think and make decisions, for example about saving, energy consumption, fertility or health. This is a crucial aspect for firms and organizations that may be launching a new product,  as well as for governments designing economic policies aimed at tackling poverty or unemployment. The linchpin of its innovative study plan is that individual behavior is not only determined by mere economic factors (how much an individual profits from a decision) but also by psychological traits (how emotions and cognitive limits shape actual decisions) and social norms (how the behavior of others, and shared common values, affect one's decision).

This program is dedicated to students with an international vocation and an ambitious intellectual disposition: starting with a more rounded and broader educational background, it prepares you for a higher level of specialization in a Master of Science program.

Why Choose It
Taking the human factors more completely into account in decision making sheds light on a number of areas: the persistence of poverty, early childhood development, household finance, productivity, health, and climate change. [...]
Individuals are not calculating automatons. Rather, people are malleable and emotional actors whose decision making is influenced by contextual cues, local social networks and social norms, and shared mental models.
World Bank World Economic Report 2015




Last modified 08/09/2017 - 15:51:25

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  • Dimitur Dimitrov
    "As soon as I finished reading ‘Game Theory’ I decided to enroll in a program allowing me to understand the psychological side of economic models: that’s how I found this program!"
  • Giulia Carra
    "I chose this program because it gives a solid basis to understand economics and marketing. And it’s entirely taught in English: that is fundamental if you think about an international career!"
  • Martin Geyer
    "My favorite subjects are economics, psychology, philosophy and logic: I couldn’t find a program including all these subjects in my home country, Germany, but I found it here in Bocconi!"