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WELCOME TO LSE ECONOMICS

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Page 1: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

WELCOME TO LSE

ECONOMICS

Page 2: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

The LSE BSc EconomicsDr Dimitra PetropoulouUndergraduate Programme Director

Department of Economics

Page 3: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

Why Economics?

Department of Economics

Page 4: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

• Economics today tackles a broad range of problems – versatile, analytical, relevant

• Practicing economics scientifically and open-mindedly requires formal modelling of economic

relationships and testing hypotheses against data

• To practice modern economics you need to:

• feel comfortable with, and usually enjoy, mathematics;

• have a strong understanding of econometrics and what constitutes meaningful evidence;

• emphasize real world relevance and evidence for policy design.

• Studying economics at LSE involves deepening problem-solving skills, including mathematical

and statistical abilities, while never losing sight of the real world.

Department of Economics

Why Economics?

Page 5: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

Why Economics at LSE?

Department of Economics

Page 6: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

• 1st in the UK; tied 5th in the World for Economics & Econometrics (QS)• Academic rigour and diverse options• Incredibly international and diverse student body and academic staff• Benefits of central London location• Uniquely rich choice of public speakers and events

• Large investment in teaching excellence, student support and community-building

• Outstanding employability• Careers Service with dedicated events for Economics• Economics graduates go on to successful careers in the Government Departments, the

Bank of England (and world equivalents), academia, investment banking, economic and management consultancy, and much much more!

Why Economics at LSE?

Page 7: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

• What our students say:

“Economics at LSE goes deeper than just eye-popping diagrams and mathematics - what is taught in the classroom is directly linked to the real-world”

“The best of all worlds. Academic rigour, great social life, incredible buzz of intense diversity”

Department of Economics

Why Economics at LSE?

Page 8: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

Undergraduate Team

WouterDeputy Head for Education

Dimitra UG Programme Director

JudithDepartmental Tutor

KasiaUndergraduate Tutor

SarahUG Programme

Manager

FionaProgrammes

Assistant

NicoUndergraduate Tutor

JuniusUndergraduate Tutor

Page 9: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires
Page 10: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires
Page 11: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires
Page 12: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

• BSc Economics• BSc Econometrics and Mathematical Economics

Our Undergraduate Programmes

Department of Economics

Page 13: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires
Page 14: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

BSc Economics

Department of Economics

Page 15: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

• Separate (Year 1 and 2) core courses for students on the BSc

Economics and students on other degrees studying economics

• Core courses tailored to the specific needs of different students

• Rigorous, up-to-date and policy relevant.

• Excellent preparation for Year 3 for all.

Department of Economics

Introducing our new curriculum (from 2021/22)

Page 16: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

• Take courses together with a more homogeneous group of students

• Tailored courses to better match students’ interests and career objectives

• More time devoted to economics will enable exploration of interesting

applications to a wider range of problems.

• More diversified assessment including policy briefs and empirical projects.

Department of Economics

How will BSc Economics students benefit?

Page 17: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

Department of Economics

BSc Economics Year 1

Year 1Michaelmas Term

Year 1Lent Term

Economics Microeconomics I

Quantitative Methods (Mathematics) Macroeconomics I

Elementary Statistical Theory Econometrics I

Outside Option Outside Option

Also LSE100 for all students at LSE!

Page 18: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

Department of Economics

BSc Economics Year 1

Year 1Michaelmas Term

Year 1Lent Term

Economics Microeconomics I

Outside Option Macroeconomics I

Elementary Statistical Theory Econometrics I

Mathematical Methods

Also LSE100 for all students at LSE!

Page 19: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

• EH101: Internationalisation of Economic Growth: 1870 to the present day

• GV101: Introduction to the Study of Politics

• PH103: The Big Questions: An Introduction to Philosophy

• PB101: Foundations of Psychological Science

• AC102 and FM101: Introduction to Financial Accounting; Finance (half units)

• LN: language: French, Spanish, Russian, Mandarin (from scratch to proficiency/mastery)

LSE offers a uniquely rich array of rigorous social science courses to Economics students

Just a few of the great Year 1 options

Department of Economics

Page 20: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

Department of Economics

BSc Economics Year 2

Year 2Michaelmas Term

Year 2Lent Term

Microeconomics II

Macroeconomics II

Econometrics II

Principles of Finance OR Outside Option(s)

Page 21: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires
Page 22: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

Three advanced economics courses:• Development Economics• International Economics• Public Economics• Monetary Economics• Behavioural Economics• Labour Economics• Political Economy…and more!

A fourth course either from Economics or from related subjects, such as:• The Making of an Economic Superpower: China since 1850• International Political Economy• Game Theory• Management Accounting, Financial Management and Organizational control….and many more!

BSc Economics Year 3

Page 23: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

BSc Econometrics and Mathematical Economics

Department of Economics

Page 24: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

• Application for transfer into EME end of Year 2

• Quantitative Thesis

• Three units comprising:- up to two from:-Econometric Theory-Games and Economic Behaviour-Problems of Applied Econometrics

- up to two from the EME course selection list (lots of choice!) - up to one outside option

BSc EME Year 3

Page 25: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires
Page 26: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

Teaching and Learning in Economics

Department of Economics

Page 27: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

Building blocks of teaching and learning

Lectures

Independent study

Classes

LSE Community Engagement

Office hoursDrop-ins

Large for core courses; typically twice weekly;

Faculty

Weekly classes to discuss problem sets; max 20 students;

taught by GTAs/LSE Fellows/Faculty

Weekly: Department and LSE LIFE

Also with friends; LSE LIFE is a hub

Events; speakers; Sen Club – discussions

from Uber to Brexit

Page 28: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

How will I be assessed? What feedback will I get on my progress?

Problem sets

• Formative• Feedback provided

Class participation

• Mainly formative• Ongoing• Feedback in class• Class report

January exam/ coursework

• Summative• Weight depends on the

course• Collective feedback

provided for exams• Individual feedback for

coursework

Final exam

• Summative• Summer Term• Weight depends on the

course• Collective feedback

provided

Page 29: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

• Each student is assigned an Academic Mentor -

a key source of support and guidance

• Undergraduate Tutors and Departmental Tutor

• Undergraduate Programme Manager

• LSE LIFE for study skills and support labs

• Departmental Peer Supporters

• LSE LIFE Economics Student Academic Mentors

• LSE Student Union Support

Academic Support

Page 30: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

Department of Economics

Feel free to contact me!

Dr Dimitra Petropoulou

[email protected]

Page 31: WELCOME TO LSE ECONOMICS...•Economics today tackles a broad range of problems –versatile, analytical, relevant • Practicing economics scientifically and open-mindedly requires

We look forward to meeting you!