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Faculty of Economics, University of Cambridge

Constituent department of the University of Cambridge From Wikipedia, the free encyclopedia

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The Faculty of Economics at the University of Cambridge is composed of five research groups: macroeconomics, microeconomic theory, economic history, econometrics and empirical microeconomics. It is located in the Sidgwick Site in Cambridge.

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History

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The Faculty of Economics at Cambridge has roots going back to the 1890s. Though frequently marked in the past by fervent internal academic debate, over theory, ontological approach and methodological orientation, the cumulative contribution of Cambridge economics to the development and evolution of the discipline nationally and internationally has been profound and unique. 

It has repeatedly attracted international recognition and distinction by spawning some of the leading economics thinkers and paradigm changers of the times, including, for example, Alfred Marshall (one of the founders of Neoclassical economics), John Maynard Keynes(his general theory of employment, interest and money), Joan Robinson (capital theory), Richard Kahn (multiplier theory), James Meade (international economics), Nicholas Kaldor (increasing returns and economic growth), James Mirrlees (taxation), and Partha Dasgupta (poverty and environmental economics). During the 1970s, the ‘Cambridge School of Post-Keynesian Economics’ was a frequently used term to describe the distinctiveness of the research undertaken in the Faculty. The Faculty can boast several Nobel Prize winners over the past century. Many of its undergraduates have gone on to hold senior and prestigious academic posts elsewhere, both in the UK and overseas (including Harvard, Princeton and Stanford in the United States), and in some cases have themselves been Nobel Prize winners.

The Faculty has major teaching programmes at both undergraduate and postgraduate level and has one of largest group of research-active economists of any British university. It has around 80 resident or visiting academic staff and about 100 research students. Facilities include the Marshall Library in the Austin Robinson Economics building and the University Library nearby.

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Courses

Economics at Cambridge is ranked at number 1 in UK by the Complete University Guide, ranked 3rd by the Guardian and the University Times and ranked at number 5 in the world according to the Times Higher Education.

The Faculty offers one undergraduate and six postgraduate programmes of studies. The postgraduate courses include: an advanced diploma in economics, master of philosophy degrees (MPhil) in economics, economic research, economics & data science, finance and economics, and a PhD in economics.

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Current faculty

Alumni and former faculty

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See also

References

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