News Stories
Dr Alex Mandilaras comments on UK credit rating downgrade
26 February 2013
The media and public are struggling to understand the impact of the move by credit rating agency Moody’s to down grade the UK from its triple A status. Here Dr Alex Mandilaras, Senior Lecturer in Economics, provides a clear assessment of the implications.
Top Banker Funds Economics Scholarships
10 December 2012
Chairman of Goldman Sachs Asset Management (GSAM), Jim O’Neill, has announced a life changing annual scholarship programme for students at the University of Surrey during a return to the School of Economics for a special guest lecture.
O’Neill has committed to providing one undergraduate student at the University £3,000 a year for the full three years of their economics degree course. He will continue to fund an undergraduate each year for the next five years.
Formula for Success
7 November 2012
Ranked 7th by the Guardian Good University Guide 2013, 10th in the Sunday Times University Guide 2013 and joint 3rd in the NSS 2012, our School of Economics has a reputation for academic rigour that allows us to attract the brightest stars in the academic firmament…
Competition between universities to recruit the best academics, practitioners and researchers into their fold has never been fiercer. We operate in a global market, and so it’s exciting to see that the School remains high on the wish list for many international academics. As we embark on a new academic year, we are welcoming a strong field of fresh talent to the Faculty, drawn from institutions across Europe and beyond.
On the Nobel Prize in Economics
24 October 2012
A comment by Mario Pascoa, Professor of Economics, University of Surrey.
The 2012 Nobel prize in Economics was awarded to Lloyd Shapley and Alvin Roth, for “the theory of stable allocations and the practice of market design”. The subject of stable allocations complements another central subject in economics, the efficient allocation of resources. An allocation is efficient if there is no other allocation that can make at least one person better off without hurting others. An allocation is stable if no group of persons can improve upon it using their own resources.
The Economics of Robbing Banks
18 July 2012
Research carried out by Professor Rob Witt and Professor Neil Rickman has been causing a stir around the globe in recent weeks. The study also involved Professor Barry Reilly from the University of Sussex and was published in Significance, the magazine of the Royal Statistical Society and the American Statistical Association. The study looked at the profitability of bank robbery as well as the effectiveness of security measures taken by banks, and came to a number of interesting conclusions that have caught the eye of the world’s press. You can read a selection of the articles that have appeared here:
Mail Online; Time Magazine (Business); Los Angeles Times; Scientific American
