About this day
This inspirational day of economics talks for KS5 students features industry leaders, academics and public servants from the heart of government. In five highly educational sessions these renowned commentators will delve into topics from market forces and failure to the economics of choice.
Programme & speakers
Finance: Instability and crisis George Magnus, Economist and Author
George has occupied a front row seat as events have challenged financial systems around the world since the Global Financial Crisis. George will explore the role of financial markets in the economy and the consequences when they are in crisis.
About George Magnus
George, former Chief Economist at UBS, is widely credited with having identified the trigger points leading to the 2007/08 crisis and with helping us to understand its lingering consequences.
Economic misperceptions Stephen Davies, Institute of Economics Affairs
Areas where economic misperceptions are rife include trade policy; the economics of migration and movement and the nature of money and monetary policy. Stephen will explore how we must change the way we think about economics.
About Dr Stephen Davies
Dr Steve Davies is the Head of Education at the IEA. Previously he was program officer at the Institute for Humane Studies (IHS) at George Mason University in Virginia.
Secrets of charitable giving Kimberley Scharf, University of Nottingham
In an informative session Kimberley will explore the social and emotional factors that affect our decisions on giving cash to charity. Kimberley will also draw on her own research to explain the relationship between social networks and making economic decisions.
About Professor Kimberley Scharf
Kimberley is Professor of Economics and Public Policy and Head of the School of Economics at the University of Nottingham. She is also a Fellow of the Academy of Social Sciences, Director of the National Audit Office Tax Centre, a member of the ESRC Council and the Editor of Fiscal Studies.
The labour market Torsten Bell, Resolution Foundation
Torsten will discuss the impact of supply and demand of labour on wages as well as the imperfections of labour market and how leading economists suggest we change it.
About Torsten Bell
Torsten is Director of the Resolution Foundation. Previously he was Director of Policy for the Labour Party and worked in the Treasury as a special adviser and a civil servant.
Nudging Adam Thompson, University of Coventry
Adam will explore the fascinating work of Richard Thaler who was awarded the Nobel Prize for Economics earlier this year. Thaler showed that small “nudges” – such as changing the wording of tax demands – can radically alter behaviour.
About Adam Thompson
Adam lectures in Economics at the University of Coventry. He is an Associate Fellow of the Higher Education Academy and is committed to delivering teaching sessions of a high standard.