The School of Economics at Surrey enjoys a strong and growing reputation for its research. It receives full recognition from the Economic and Social Research Council for research training and attracts outstanding research students. The School prides itself on the levels of supervision it provides and on the friendly but highly effective research atmosphere. New research students will join a community of research-oriented scholars producing work of the highest international standard.
In terms of research output, Surrey economists have been exceedingly productive writing a stream of books and refereed core and specialist journal articles. Recent research has, for example, been published in: American Economic Review, Econometrica, Econometric Theory, Economic Journal, Energy Economics, European Economic Review, Journal of Development Economics, Journal of the American Statistical Association, Journal of Econometrics, Journal of Economic Dynamics and Control, Journal of Health Economics, Journal of Monetary Economics, Journal of Public Economics, The Review of Economics Studies.
The School of Economics enjoyed an excellent result in the Research Excellence Framework (REF) 2014 exercise being ranked in the top 10 for Economics departments for the quality of our research outputs and the percentage of our research outputs that are world leading (4*), in a fiercely competitive discipline. The School of Economics’ Grade Point Average (GPA) of 3.01 now ranks it twelfth in the UK for the overall quality of its research. This is a particularly pleasing outcome, especially when it is recognised that Surrey submitted one of the highest proportions of full-time staff (83%) in the Economics and Econometrics sub-panel, demonstrating the overall strength and breadth of our research. Indeed, the frequently used Research Intensity indicator puts Surrey in joint sixth place in the UK.
In addition to fundamental theoretical work, economics research at Surrey has a firm practical and policy-related relevance. Members of staff have advised governments, international organisations, and private companies, and this has ensured that the School's reputation has spread beyond the academic community. The high quality of research at Surrey and its policy-relevance has resulted in a record of success in attracting research income from the ESRC as well as from the Leverhulme Trust, the Nuffield Foundation, the Overseas Development Administration, the British Academy and other donors, in circumstances where there is very severe competition for such prestigious research awards. Over the last couple of years the School has won a number of major research awards.