If you want a whole new perspective on life, study Economics. Our theories will help you to understand our world and offer suggestions as to how it might be improved. In Economics we explore the hidden side of everything. For example, what caused Britain’s property boom and debt crisis? How can it be possible for the UK to suffer from rising petrol prices, whilst at the same time, the world price of crude falls?
On an individual level economic theory provides fascinating insights into human behaviour and the forces that affect our lives. How do individuals get what they desire, or need, particularly when others want the same thing? For example, how has the welfare state affected incentives and the behaviour of UK households?
Economists are very interested in the activities of governments, providing advice on key aspects of policy. For example, should the coalition cut the fiscal deficit immediately and if so how? Should governments intervene to stop house prices from falling, or to regulate the activities of banks? Are recessions inevitable? Global warming and global poverty are also problems that we analyse too. So, if you really want to know what polices governments should adopt to tackle these issues study Economics.
Beware Economics is addictive. It will help you to redefine the way you view the world, providing you with an informed opinion. Lots of students enjoy it in class and carry it on to university, even when they had little idea of what it was about to start with. In the last four years at least one of our students has gone on to study Economics at Oxford or Cambridge.