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About
The Department of Economics is a dynamic centre for research, and of undergraduate and postgraduate education. The Department has core research strengths in microeconomic theory, applied microeconomics, macroeconomics, and financial economics.
Alongside its highly successful BSc and MSc programmes, the Department delivers a growing PhD Programme and is part of the South East Network for Social Sciences (SeNSS) Doctoral Training Partnership funded by the ESRC.
It takes pride in its tradition of engagement with industry practitioners and providing strong support to students to maximise their career aspirations.
Study
The department offers a range of Economics courses at undergraduate, postgraduate taught and research degree level.
Undergraduate
This flexible degree will prepare you for the widest range of careers in economics, business and finance. It has the structure with the most flexibility and has the widest variety of elective choice.
BSc (Hons) Economics (Economics with Econometrics)
This degree is very similar to the BSc Economics degree, but with a larger emphasis on data analysis. The choice of core modules will prepare you for careers in economics, business and finance that require more advanced data analysis.
BSc (Hons) Economics with Accounting
This accredited economics degree is designed for anyone who wants to pursue a career in accountancy, finance or banking. It gives you a head start in any accounting-related career with modules accredited by accounting bodies – useful for later professional training and exam exemptions.
BSc (Hons) Financial Economics
This degree will teach the economics of financial markets, and help you develop the analytical abilities of a trained financial economist. It is very suitable for a career in finance or investment banking.
Postgraduate
Acquire a strong understanding of human behaviour that will allow you to work in a variety of roles in the private or public sector.
MSc Business Economics / International Business Economics
Learn how to apply economic tools of analysis to the operation of business in a globalised world.
Learn how to apply economic analysis to the crucial policy questions faced by developing countries.
MSc Economic Evaluation in Healthcare
Gain vital skills to carry out economic evaluation in the health care sector and answer some of the most critical policy questions in the world today.
Develop theoretical, applied and empirical tools to analyse economic problems opening a wide range of careers in business, finance, policymaking and further study.
Develop an advanced understanding of modern economic theory to solve problems in the ever-changing world of finance.
Acquire a highly valued set of skills required to make key decisions as a health economics expert in both developed and developing countries.
Research degrees
We have a wide-ranging but focused research programme with an emphasis on rigorous economic and econometric modelling as well as a concern for practical applications in both private and public sectors.
Our PhD students have access to training opportunities offered by the South East Network for Social Sciences (SeNSS) Doctoral Training Programme and can benefit from training provided by Doctoral College.
They also have access to modules, summer schools and training opportunities offered by PhD Training Networks (ShoT/SEDOT).
Research
The department’s research activities are structured around the following main research areas:
- Behavioural and Experimental Economics
- Development Economics
- Financial Economics
- Health Economics
- Industrial Organisation
- International Economics
- Labour and Urban Economics
- Macroeconomics
- Microeconomic Theory
- Economics of Migration
and two interdisciplinary research centres:
Interested in studying for a PhD/MPhil in any of the above areas? See our Economics PhD/MPhil programme for more information.
Economics discussion paper series and published papers
Research discussion papers can be viewed below, by date.
2021
21/01 Jofre-Bonet, M., Kamara, J. and Mesnard, A.
Corruption and Health Insurance for the Informal Sector in Sierra Leone
21/02 Gambarova, Z. and Glycopantis, D.
On the analytics of infinite game theory problems
2020
20/15 Jagu, E. and Massol, O.
Building infrastructures for Fossil- and Bio-energy with Carbon Capture and Storage: insights from a cooperative game-theoretic perspective
20/14 Defever, F., Riaño, A. and Varela, G.
Evaluating the Impact of Export Finance Support On Firm-level Export Performance: Evidence from Pakistan
20/13 Delaney, L.
A Model of Investment under Uncertainty with Time to Build, Market Incompleteness and Risk Aversion
20/12 Laliotis, I. and Minos, D.
Spreading the Disease: The Role of Culture
20/11 Defever, F., Reyes, J-D., Riaño, A. and Varela, G.
All These Worlds are Yours, Except India: The Effectiveness of Cash Subsidies to Export in Nepal
20/10 Aligishiev, Z., Ben-Gad, M. and Pearlman, J.
Evaluating Historical Episodes using Shock Decompositions in the DSGE Model
20/09 Bai, Y., Girma, S. and Riaño, A.
Corporate Acquisitions and Firm-level Uncertainty: Domestic versus Cross-Border Deals
20/08 Kapetanios, G., Price, S., Tasiou, M. and Ventouri, A.
State-level wage Phillips curves
20/07 Offiaeli, K. and Yaman, F.
Social Norms as a Cost-Effective Measure of Managing Transport Demand: Evidence from an Experiment on the London Underground
20/06 El Said, A., Emara, N. and Pearlman, J.
On the Impact of Financial Inclusion on Financial Stability and Inequality: The Role of Macroprudential Policies
20/05 Galanis, S, Ioannou, C. and Kotronis, S.
Information Aggregation Under Ambiguity: Theory and Experimental Evidence
20/04 Galanis, S.
Speculative Trade and the Value of Public Information
20/03 Bharadwaj, P., Doiron, D., Fiebig, D. G. and Suziedelyte, A.
Psychological Costs of Migration: Home Country Natural Disasters and Mental Health
20/02 Che, X., Katayama, H. and Lee, P.
Willingness to Pay for Brand Reputation: Lessons from the Volkswagen Diesel Emissions Scandal
20/01 Che, X., Huang, Y. and Zhang, L.
Supervisory Efficiency and Collusion in a Multiple-Agent Hierarchy
2019
19/18 Defever F., Imbruno, M. and Kneller, R.
Trade Liberalization, Input Intermediaries and Firm Productivity: Evidence from China
19/17 Taskin, A. A. and Yaman, F.
Credit Supply, Homeownership and Mortgage Debt
19/16 Andrikopoulos, A., Dassiou, X. and Tsionas, M. G.
Product Durability and Exchange Rate Exposure in International Triopolies
19/15 Suziedelyte, A.
Is it only a game? Video games and violence
19/14 Laliotis, I. , Moscelli, G. and Monastiriotis, V.
Summertime and the drivin’ is easy? Daylight Saving Time and Vehicle Accidents
19/13 Mamageishvili, A. and Schlegel, J. C.
Optimal Smart Contracts with Costly Verification
19/12 Yaman, F. , Cubi-Molla, P. and Ungureanu, S.
Which Decision Theory Describes Life Satisfaction Best? Evidence from Annual Panel Data
19/11 Deak, S., Levine, P., Mirza, A. and Pearlman, J.
Designing robust monetary policy using prediction pools
19/10 Faggio, G. , Silva, O. and Strange, W.C.
Tales of the City: What Do Agglomeration Cases Tell Us About Agglomeration in General?
19/09 Faggio, G. , Schluter, T. and vom Berge, P.
Interaction of Public and Private Employment: Evidence from a German Government Move
19/08 Aligishiev, Z., Ben-Gad, M. , Mountford, A. and Pearlman, J.
Turning It Up To Eleven: Re-Evaluating the Role of Financial Frictions in the 2007–2008 Economic Crisis
19/07 Maynou, L., McGuire, A. and Serra-Sastre, V.
Exploring the Impact of New Medical Technology on Workforce Planning
19/06 Ben Gad, M, Ben Haim,Y. and Peled, D.
Allocating Security Expenditures under Knightian Uncertainty: an Info-Gap Approach
19/05 Iori, G. and Gurgone, A
Multi-agent methodology to assess the effectiveness of alternative systemic risk adjusted capital requirements
19/04 Pinchbeck, E.
Convenient Primary Care and Emergency Hospital Utilization
19/03 Galanis, S.and Kotronis, S
Updating Awareness and Information Aggregation
19/02 Galanis, S.
Dynamic Consistency, Valuable Information and Subjective Beliefs
19/01 Dassiou, X. and Glycopantis, D.
The importance of reputation in the auditing of companies: A game theory analysis
2018
18/06 Pinchbeck, E. and Koster, H. R. A.
How do Households Value the Future? Evidence from Property Taxes
18/05 Perrotton, F. & Massol, O.
Rate-of-return regulation to unlock natural gas pipeline deployment: insights from a Mozambican project
18/04 Chernozhukov, V., Härdle, W.K., Huang, C. & Wang, W.
LASSO-Driven Inference in Time and Space
18/03 Newham, M., Seldeslachts, J. & Banal-Estanol, A.
Common Ownership and Market Entry: Evidence from the Pharmaceutical Industry
18/02 Andrikopoulos, A. & Dassiou, X.
Exchange-rate exposure in a “Rule of Three” Model
18/01 Pilbeam, K. & Litsios, I.
Long-run determination of the nominal exchange rate in the presence of national debts: Evidence from the yen-dollar exchange rate
2017
17/06 Schlegel, J. C.
A Note on Ex-Ante Stable Lotteries
17/05 Schlegel, J. C., Mamageishvili, A.
Welfare theorems for random assignments with priorities
17/04 Defever, F., Reyes, J-D., Riaño, A. & Sanchez-Martin, M. E.
Special Economic Zones and WTO Compliance: Evidence from the Dominican Republic
17/03 Defever, F., Fischer, C. & Suedekum, J.
Supplier Search and Re-matching in Global Sourcing - Theory and Evidence from China
17/02 Defever, F. & Riaño, A.
Twin Peaks
2016
16/09 Jofre-Bonet, M., Serra-Sastre, V. & Vandoros, S.
Better Health in Times of Hardship?
16/08 Temizsoy, A., Iori, G. & Montes-Rojas, G.
Network Centrality and Funding Rates in the e-MID Interbank Market
16/07 Zbonakova, L., Härdle, W.K. & Wang, W.
Time Varying Quantile Lassoa
16/06 Chen, S., Härdle, W.K. & Wang, W.
Inflation Co-movement across Countries in Multi-maturity Term Structure: An Arbitrage-Free Approach
16/05 Cui, W., Härdle, W.K. & Wang, W.
Estimation of NAIRU with In ation Expectation Data
16/04 Defever, F. & Reyes, J-D.
Does the Elimination of Export Requirements in Special Economic Zones A ect Export Performance? Evidence from the Dominican Republic
16/03 Massol, O. & Rifaat, O.
Phasing out the U.S. Federal Helium Reserve: Policy insights from a world helium model
16/02 Jofre-Bonet, M., Rossello-Roig, M. & Serra-Sastre, V.
The Blow of Domestic Violence on Children's Health Outcomes
16/01 Hache, E. & Massol, O.
Sanctions against Iran: An assessment of their global impact through the lens of international methanol prices.
Research in Economics at City
Academic staff
Here is a list of the academic staff who work in the Department of Economics.
You can find out more about each member of staff, including their latest publications and their contact details by following the links below.
Featured academics
Academic staff
- Dr Alev Atak-Atalik, Lecturer in Economics
- Professor Albert Banal-Estanol, Professor of Economics
- Professor Michael Ben-Gad, Professor of Economics
- Dr Dagmara Celik Katreniak, Lecturer in Economics
- Dr Doruk Cetemen, Lecturer in Economics
- Dr Xiaogang Che, Senior Lecturer in Economics
- Dr Xeni Dassiou, Reader in Economics
- Dr Fabrice Defever, Reader
- Dr Giulia Faggio, Reader in Economics
- Dr Zahra Gambarova, Lecturer in Economics
- Dr Sotiris Georganas, Reader in Behavioural Economics
- Professor Giulia Iori, Professor in Economics
- Professor Saqib Jafarey, Professor of Economics
- Professor Neelam Jain, Professor of Economics
- Dr Claudia Jefferies, Senior Lecturer in Economics
- Professor Mireia Jofre-Bonet, Honorary Professor
- Ioannis Laliotis, Honorary Lecturer
- Dr Alice Mesnard, Reader in Economics
- Dr Nicolas Navarrete Hernandez, Lecturer in Economics
- Dr Arina Nikandrova, Lecturer in Economics
- Professor Joseph Pearlman, Professor of Macroeconomics
- Professor Keith Pilbeam, Professor of Economics
- Dr Alejandro Riano Londono, Senior Lecturer
- Dr Orkun Saka, Lecturer in Economics
- Dr Christoph Schlegel, Senior Lecturer in Economics
- Dr Victoria Serra-Sastre, Senior Lecturer in Economics
- Dr Daniel Silva Junior, Senior Lecturer in Economics
- Dr Agne Suziedelyte, Senior Lecturer in Economics
- Sergiu Ungureanu, Lecturer in Behavioural Economics
- Dr Firat Yaman, Director of Undergraduate Studies
- Professor Klaus Zauner, Professor of Economics
Facilities and resources
Bloomberg and Datastream
The Department of Economics has a subscription to Bloomberg and Datastream. Both are available in the Northampton Square Library.
Economics undergraduate and postgraduate students can obtain the Bloomberg certificate, a qualification which will assist you in the job market.
The provision of these databases will also enable you to access a huge amount of up-to-date time series data on:
- global equities
- corporate and government bonds
- credit default swaps
- company data
- Macroeconomic data on over 200 countries which can be used in your dissertation.
Anyone working in any part of the financial services sector - investment banking, hedge funds, compliance, regulation, etc. - must use the Bloomberg software on a daily basis.
Demonstrating a familiarity with Bloomberg via the Bloomberg certificate will be a big advantage if you apply for a job in the financial sector.
Free online subscriptions do Economics students
The Department has a full online subscription to Elsevier's extensive Handbooks in Economics series. (Current students can access the series via the Library website).
Free online subscriptions to the Financial Times and The Economist are also available.
The Economics Society
The Economics Society serves as a platform where students can speak about the beloved subject outside of the classroom setting.
It doubles as a valuable means for you to network and build relationships with peers, department staff and prospective employers.
Graduate prospects
Help with your career
The Department supports your career aspirations in various ways. Employability is embedded in the curriculum and is part of your studies throughout your three (or four) years with us.
We have a dedicated Careers Consultant who, in collaboration with our Employability Lead, organises regular career events during the academic year.
We have an extensive community of alumni who regularly come to the Department to talk to our students and share their experience with them.
At a University level, City's Careers, Student Development and Outreach complements our employability effort providing further resources and support.
Find out about the benefits and services available to recent City graduates, including a job vacancy service, and one-to-one guidance from City's Career consultants.
Employment opportunities
There is a range of employment opportunities for economists in economic and management consultancies, multinationals, government agencies and in business and finance, particularly in the City of London.
What our graduates are doing now
- Operations Director, Petsy Mexico
- Operational Governance Analyst, SagePay
- Senior Associate, Deloitte
- Policy Advisor, HM Treasury
- Strategy and Finance Analyst, The Post Office
- Associate, PricewaterhouseCoopers
- Risk Consultant, KPMG UK
- Brand manager, AB restaurants, Kazakhstan
- Financial Services Tax Associate, Grant Thornton UK
- Audit Assistant, KPMG Kazakhstan
- Business Analyst, Arthur.J Gallagher & Co
- Transaction Services Associate, PWC Germany
- M&A Advisory Analyst, Guy Carpenter
- Assistant Economist, Department for Business Innovation and Skills
- Sales Assistant, Morgan Stanley
- Hedge Fund Accountant, Wells Fargo
- Health Economist, University of Liverpool
- Interest rate Trader, Morgan Stanley
- Economist, Department of Transport
- Data analyst, Abacus International
- Human rights specialist, Alpha Bank
- Research economist, Brava
- Accountant, Confederation of British Industry
- Market researcher, Deutsche Bank
- Research executive, Eli-Lilly
- Senior health economist, Fidelity
- Senior health liaison manager, Gallaher Ltd
- Project manager, IM Health
- Commercialist, Johnson and Johnson
- Health economy liaison manager, Kovis d.o.o
Alumni network
The University's Alumni network offers free and lifelong membership to all former students and staff of the University.
Find out more about City's Alumni network.
Join the Department of Economics Alumni network on LinkedIn.