1. Economics at Warwick Open Day April 22 nd 2009 Dennis Leech Professor of Economics

2. This talk Programme for today The Economics department Research Teaching and learning Our degree courses What our students go on to do Notable Warwick economics graduates

3. Open Day programme 2.00-2.45 Talk in ACCR 2.50-3.30 Small group Q&A meetings with academic staff and students in Social Studies Building 3.55-4.45 Campus tours led by students from Social Studies foyer 4.45 Final questions in Arts Centre Café

4. Economics department Academic Staff –Professors 29 –Associate Prof (SL/Reader)13 –Assistant Prof (Lecturer)10 Graduate Students –Doctoral60 –Masters80 Undergraduates 600

5. Distinguished ex Warwick economists Nick Stern (Lord Stern) –Author of Stern Report on Economics of Climate Change Robert Skidelsky (Lord Skidelsky) –Biographer of Keynes John Williamson –Influential International Economist. Coiner of term “Washington Consensus” Avinash Dixit –President of the American Economic Association 2008

6. High quality research Research Assessment Exercise 2008 (official rating): ranked in the top five Third equal with Oxford and Essex LSE and UCL ranked first and second 40% of research assessed rated as 4* (‘world leading’) 95% either 4* or 3* (‘internationally excellent’) – equal first place

7. Why research matters Our reputation brings a lot of cash –Research income subsidises our teaching More resources for learning –Better campus, library, computing facilities ….. Better academic staff, more of them Better class tutors, etc Teaching more authoritative

8. High quality teaching QAA Teaching Quality Assessment: highest grade = 24/24

9. Our degree courses 1. Economics department based –Economics –Econ, Politics & International Studies (EPAIS) –Industrial Economics –Economics and Economic History

10. Our degrees are popular Student numbers for Economics degrees 2009/10 Home/EUOverseas Places130110 Applications24661282 (so far)

11. Our degree courses 2. Joint degrees based in other departments –Philosophy, Politics & Economics (PPE) –Maths, OR, Stats & Econ (MORSE) –Maths and Economics

12. BSc Economics course A professional training A specialised programme –aims to make you think like an economist –also develop transferable skills Flexibility is limited –Only a little each year that’s NOT economics no more than 25% of load can be non-economic E.g. finance, maths, a language, ….. But: possibility of a year of study abroad

13. Teaching We teach from first principles –A-level Economics is NOT required We assume that you are clever –and mathematically competent (geometry, algebra, calculus) So it moves fast –You have to work hard to keep up But support is available –Staff are generally accessible

14. The course structure Year 1: Foundations (5 modules) –Micro, Macro, Quant Tech, Econ Hist –Option: eg Industrial Econ, Math Econ, Language, WBS … Year 2: Core (4 modules) –Micro, Macro, Econometrics –Option: eg Industrial, Public, …, Language, WBS … Year 3: Specialisation (4 modules) –Research Project –3 options: Labour, Econometrics, Development, Game Theory, International, Industrial, Language, WBS …

15. Year of study abroad After second year (making 4 year degree) Good partner institutions –EU Amsterdam, Madrid, Munich, Paris, Barcelona, Milan, Lille, Antwerp –USA California Complements regular Warwick studies Some help with fees and expenses Numbers limited therefore selective

16. Employment by sector

17. Some distinguished alumni Cabinet Secretary: Gus O’Donnell Chief Economist, BOE: Spencer Dale Professors: 2 @ Harvard; many other leading academics Christian Wolmar, Writer, transport policy Liam Halligan, economics journalist Steve Heighway, Liverpool footballer

18. Economics Open Day Questions