About this day
This inspirational day of economics will take your students to the cutting edge in fields from market forces and failure, to the economic impact of ‘Brexit’ to the economics of choice. Five renowned commentators from universities, businesses and the media will delve into the heart of economics. This day also features a special session with hints and tips for examination success.
Programme & speakers
The relationship between financial crisis and regulation. Trevor Williams, Chief Economist, Commercial Banking, Lloyds Bank
Why do we have such sophisticated and complex financial services, and what role do they play in a modern economy? What next for the UK after Brexit and how can we decompose this historic vote? Join Trevor Williams to answer these questions, and ponder why crises are always going to occur no matter what regulators do.
About Trevor Williams
Trevor leads Lloyds Bank’s trading and sales activities. He regularly appears in the financial press. Trevor is also a member of the Institute for Economic Affairs Shadow Monetary Policy Committee.
After the referendum: The future of Britain and Europe David Smith, Journalist and Author
David, Economics Editor at The Sunday Times, is intent on getting to the facts behind the “Brexit” hype we find ourselves confronted with. He’ll discuss the new economic realities facing Britain and our European neighbours and say that although things aren’t as bad as we feared they’re also not as good as we hoped!
About David Smith
David Smith is an award winning British journalist and author specialising in economics. He has been economics editor of The Sunday Times since 1989, where he writes a weekly column. He has also written a number of books on various economics-related subjects.
The unanchored decision maker Nicholas Chater, University of Warwick
Economic models often assume that consumers know what they want. But often they don’t, and make their choices using crude comparisons, habits and by copying other people. It turns out that a more realistic model of human behaviour can have significant benefits if you are running a business, or a country.
About Nicholas Chater
Nick has won awards for his research and he’s on the board of the Cabinet Office’s ‘Nudge Unit’. Nick is resident psychologist at Radio 4’s The Human Zoo.
What can Economics tell us about giving to charity? Sarah Smith, University of Bristol
Giving might be seen as beyond the scope of a discipline thought to assume everyone behaves selfishly. In fact there is widespread interest among economists in what motivates people to behave altruistically and in what determines donations to charity. Sarah Smith considers what can be learned about giving from standard – and non-standard – economics models of behaviour.
About Sarah Smith
Sarah is a research associate at the IFS and she’s worked at HM Treasury, the FSA and the LSE. Sarah’s focus is the economics of not-for-profit organisations.
Why do we procrastinate? Judith Shapiro, LSE
Maybe tomorrow…as the deadline approaches for that all important assignment why do we keep putting off getting started? Join Judith to discover how we can use economic game theory too answer the question: Why do we procrastinate?
About Judith Shapiro
Judith returned from serving as Chief of the Transition Economies Section, United Nations Economic Commission
for Europe, Geneva, and then as Professor, Academic-Coordinator and Co-Chair of the Research Centre at Moscow’s
graduate New Economic School, to concentrate on the development of the next generation of economists, undergraduates
in LSE’s Economics Department.