Economics at Warwick Open Day May 9 th 2009 Dennis Leech Professor of Economics.
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Transcript of Economics at Warwick Open Day May 9 th 2009 Dennis Leech Professor of Economics.
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Economics at Warwick
Open Day May 9th 2009
Dennis LeechProfessor of Economics
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Economics at Warwick
• The department• Research • Teaching and learning• Our degree courses• Careers• Some notable economics graduates• Applying for a place
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Economics department• Academic Staff
– Professors 28– Associate Prof (SL/Reader) 11– Assistant Prof (Lecturer) 11
• Graduate Students– Doctoral (research) ~60– Masters (taught) ~80
• Undergraduates ~600
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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
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Why research matters for students
• Research income brings cash for more academic staff & research students– Subsidises our teaching
• More resources for learning– Better campus, library, computers…..
• Better academic staff, more of them• Better class tutors, etc• Teaching more authoritative
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High quality teaching
QAA 2002 Teaching Quality Assessment: top marks (24/24)
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Our degree courses
• Economics department based– Economics
– Econ, Politics & International Studies (EPAIS)
– Industrial Economics
– Economics and Economic History
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Other degrees
– Philosophy, Politics & Economics (PPE)
– Maths, OR, Stats & Econ (MORSE)
– Maths and Economics
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BSc Economics course• A specialised programme
– Aims to make you think like an economist– Mainstream economic principles & skills– Also 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
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Teaching
• We teach from first principles– A-level Economics is not required
• We use a lot of maths– Geometry, algebra, calculus– You have to work hard to keep up
• But support is available– Staff are generally accessible
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The course structure• Year 1: Foundations (5 modules)
– Micro, Macro, Quant Tech, Econ History – 1 Option: Language, Politics, History, WBS …..
• Year 2: Core (4 modules)– Micro, Macro, Econometrics – 1 Option: Industrial, Public,…, Language, WBS
• Year 3: Specialisation (4 modules)– Research Project – 3 Options: Labour, Econometrics, Development,
…
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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
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Employment by sector
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Some distinguished alumni• Cabinet Secretary: Sir Gus O’Donnell • Chief Economist, BOE: Spencer Dale• Professors: 2 @ Harvard; many other leading
academics at UK universities• Christian Wolmar, Writer, transport policy• Liam Halligan, economics journalist• Steve Heighway, Liverpool footballer
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Entry requirements• Conditional offers only to students
expected to get straight A’s• Typical or standard offer
– AAA at A2 (incl Maths*) plus a B at AS level[*Statistics modules recommended]
• A personal statement showing interest in and intelligent engagement with economics
• We are happy to defer entry
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Our degrees are popular
Student numbers for Economics degrees 2009/10
Home/EU Overseas
Places 130 110
Applications 2466 1282 (so far)
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Apply if…• You are expected to get straight A’s at A
level• You have a real interest in how the
economy works• You’re sure you want a specialised
degree• You are comfortable with algebra• You are prepared to be challenged
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Economics at Warwick
Questions