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Research Methods – The Economics of Psychology

3. Funding

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About this Lecture


In this lecture, we think about funding, focusing in particular on: (i) where funding comes from, covering private and public sources; (ii) what funding pays for, including the common necessity to explain precisely how much money will be spent on each aspect of the study to the funder; (iii) what funding doesn’t pay for, which often includes the operational costs of the laboratory or building itself; (iv) why the source of funding matters, especially when the ethics of the research are concerned, regarding what the outcomes are if the research does not return the results that the funder would have liked; (v) a real scenario where ethics were put into question by the funder for research on gambling advertisements.


In this course, Dr Ayoub Bouguettaya (University of Birmingham) explores the procedures and economics of the psychology research process. In the first lecture, we think about why understanding the processes of psychological research is important. In the second lecture, we think about the lifecycle of a research project, from developing an idea, to a funded project, to publishing your findings. In the third lecture, we think about funding, including where that funding might come from and exactly what it pays for. Next, we think about why findings are published in the journals they are, and the metrics that can be monitored after publication. In the fifth lecture, we think about some economic applications of psychology research, including utilising defaults to influence people’s selections. In the sixth and final lecture, we think about some controversies and questions within this field, including whether governments should be allowed to use psychology on their own citizens.


Dr Ayoub Bouguettaya is a lecturer in the School of Psychology at the University of Birmingham. Dr Bouguettaya’s research interests are in social psychology and how knowledge from that field can be applied to others, particularly health, including how we can apply social identity theory to societal problems, as well as investigating the different perspectives one might take on those issues. Some of Dr Bouguettaya’s recent publications include 'The relationship between gambling advertising and gambling attitudes, intentions and behaviours: a critical and meta-analytic review' (2020) and 'The Effect of a Food Addiction Explanation Model for Weight Control and Obesity on Weight Stigma' (2020).

Cite this Lecture

APA style

Bouguettaya, A. (2022, April 20). Research Methods – The Economics of Psychology - Funding [Video]. MASSOLIT.

MLA style

Bouguettaya, A. "Research Methods – The Economics of Psychology – Funding." MASSOLIT, uploaded by MASSOLIT, 20 Apr 2022,

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