Graduate Membership of the SPE

May 9th, 2024

The Society of Professional Economists is Europe’s largest network of professional economists in Europe outside of academia/government, with over 1400 members. Members are drawn from all areas of the profession including finance and commerce, industry, government departments, private sector consultants, business schools and universities. The Society very much welcomes graduates as they leave university and look to embark on their economics career. Joining may help with any job search or as graduates settle into their new career. Full details in the attached brochure.

Warwick Student Events 2022

January 8th, 2021

The University of Warwick are holding two events in 2022:

Warwick Summer School 

Our Summer School is a unique combination of learning and debating with renowned academics and guest speakers – living alongside your peers in a range of room only, B&B, half board and full board accommodation packages to suit all tastes and budgets, you will be networking, socialising and enjoying a fun, engaging social programme.  

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A Brilliant Career in the Government Economic Service

February 1st, 2019

Join us as an Assistant Economist

To help us deliver analysis we are looking for economists to join us and influence the day-to-day lives of every person in the UK.

The Government Economic Service is at the heart of everything government does with high quality economic analysis essential to decision making in everything from negotiating new trade deals to building HS2, from supporting regional growth to managing the UK’s debt.

This is an exciting time to be joining the civil service, and with continuous support you’ll prepare vital briefings for ministers or the public, provide advice on policy options, and ensure the quality and appropriate use of economic statistics.

Applicants will need to possess or expected to have a first or upper second class honours degree with at least 50% of the modules in economics, or have a masters in economics.

Closing date: 28 February 2019

Salary: £27,000+

Grade: HEO (Economics)

Working pattern: Full-time, Part-time

Hours: 37 hours

For further details and to apply now please visit our website

Automation and the Employment Market

April 14th, 2018

With the opening of the new Amazon Go store in Seattle, many people can’t help but wonder about the impact automation is having on the employment market. Amazon’s new store involves simply walking in, picking up your products and walking out – no checkout service included. The way customers pay for products is through in-store sensors, which monitor the items placed in a person’s basket and bill those products to their Amazon Prime account. It may sound simple, but software developers have been working on the idea for years. Amazon are now considering opening around 200 similar stores across the United States.

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The Grounding of Monarch

January 29th, 2018

For economists, Monarch’s collapse is, in many ways, not surprising – it was operating in an oligopolistic market, already hugely saturated and with little product differentiation. For others, the airline’s demise seemed to happen almost overnight. This wasn’t the case and in this blog, I will go through each of the factors which simultaneously led to Monarch’s collapse, discussing each in turn.

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Artificial Intelligence: An Easy Pill to Swallow

October 2nd, 2017

When discussing Artificial Intelligence (hereafter AI), many envisage computer systems that are able to take on similar cognitive functions to the human brain and worry that there will no longer be a place for many skilled workers in key industries. The image of mass unemployment due to robot Armageddon is a common one portrayed in the media. While, some of the potential benefits of the rise of intelligent computer systems, for example in the pharmaceutical industry, are often ignored.

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Autonomous Vehicles vs Conventional Car Manufacturers

August 24th, 2017

A self-driving car on the road in San Francisco.
Photo by Grendelkhan on Wikmedia Commons,

The huge increase in interest towards autonomous vehicles has caused concern for numerous vehicle manufacturers across the globe. Many now see technology firms as being better placed than carmakers to develop and profit from the software that will underpin automated driving (The Economist, 2016). Tesla is a key example, given that it did not originally set out to be a vehicle manufacturer but is now the most valuable car company in the US. But is this really a cause for concern for core vehicle manufacturers?

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The Rise of the ‘Gig Economy’: A Case Study of Uber

June 22nd, 2017

Image by IMS People, via Gig Economy Simplified

Gig workers are those who work small jobs, commonly referred to as ‘gigs’, instead of, or perhaps on top of, a full-time job and are paid for the amount of ‘gigs’ they undertake. Their employment status is somewhat confusing to many. Given the digital revolution, it is becoming hard to avoid articles discussing the so-called gig economy given the increasing amount of new companies operating under such a casual structure. Certain couriers, Deliveroo, Uber and AirBnB are just some examples of companies which fall under the gig economy category and there are increasing reports discussing the legal rights of those ‘employed’ by such companies. Indeed, Uber is a prime example: a recent ruling declared that its drivers cannot be classified as self-employed, as Uber wanted, and are thus entitled to the national living wage and holiday pay. Airbnb is also undergoing legal action in New York given a new law which enables the escalating of fines on homeowners who rent out their property for less than 30 days. As court cases and employment tribunals against such companies are on the rise, this blog discusses how regulatory rules are affecting these companies. It also takes account of the huge tax windfall that the UK government could gain as a result.

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Universal Basic Income: Debunking the Scaremongering

March 14th, 2017

Image by Mike Ramsey, via
Scott Santerns on Flickr, CC-BY-SA

Studies into the idea of a universal basic income (UBI) have recently gained visible traction in academia and much more prominence in the media, following the introduction of pilot schemes in Finland and California. Scotland is also set to see trials in two Labour-run areas, following the party’s establishment of a new working group to look into its viability. As well as these examples, Namibia has considered the introduction of UBI, the Netherlands will be holding an experiment on UBI this year, Brazil continues to hold trials (it has been on the cards since the 1980s), 10,000 people have signed up in support of basic income in Canada, and India’s 2016-2017 Economic Survey has identified that the Indian Government believe UBI is a better approach to reducing poverty than current state benefits. In light of this, this blog post explores why UBI is gaining support from policy strategists, governments and entrepreneurs alike, and whether it could be a viable solution to some of the big issues of our time.

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Interview with Professor Sir Charlie Bean

February 20th, 2017

Ashley Lait interviews Professor Sir Charlie Bean, former Deputy Governor of the Bank of England.

Charlie Bean is a professor of economics at the London School of Economics and former president of the Royal Economic Society (2013–15). He was deputy governor of the Bank of England from July 2008 to June 2014. Prior to that, he was executive director and chief economist from October 2000. Charlie has also held positions at HM Treasury and Stanford University. In addition, he has published widely — in both professional journals and more popular media — on European unemployment, on European monetary union, and on macroeconomics generally.

AL Where did you first study economics?

CB I did economics as a subsidiary subject at school (my main subjects were mathematics, further mathematics and physics). I started out by doing mathematics at Cambridge University but switched to economics in my second year after I had discovered that quantum mechanics was very beautiful and elegant, but I didn’t have the foggiest notion what was going on!

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