og:image

About Us

We, The Post-Crash Economics Society, are a group of economics students at The University of Manchester. It is our belief that the content of the economics syllabus and teaching methods could and should be seriously rethought.

The Report

We have published a Report outlining what is wrong with economics education at the University of Manchester and in the UK. It includes a foreword by the director for Financial Stability at the Bank of England, Andrew Haldane.

Contact Us

If you want to join our mailing list, if you have any questions about upcoming events and lectures, schools of thought, what we’re working on or, if you have any suggestions for speakers you would like to see at our events or anything else please get in touch and we will endeavour to get back to you as soon as possible.
l

Inequality and Poverty Module Petition

We are petitioning the University of Manchester Economics Department to introduce a module on the Economics of Poverty and Inequality. We believe that the content of this module is of great importance and interest to the student body, and should be available to select at some stage in the economics undergraduate curriculum.

If you are studying Economics in your degree at the University of Manchester, you can help us by signing the petition.

l

Dissertation Survey

We have launched, together with the University of Manchester Students’ Union, a survey that aims to find out what are the students’ opinions on the currently available Economics dissertation modules. We will forward the results of the survey to the Economics Department of the University of Manchester in an effort to increase the accessibility of these modules in the future.

If you study Economics at the University of Manchester, you can access the survey by clicking the link below.


Sign up for our Mailing List

Subscribe!


Latest from our Blog

Jim O’Neill challenges assumptions and talks candidly about Brexit

Recently, students at The University of Manchester were joined by Lord Jim O’Neill for a talk on Brexit and its implications for the British economy. The talk was followed by an impromptu Q&A, whereby Lord O’Neill responded to audience questions largely based around the current government. Lord O’Neill is without a doubt a prominent figure in the field. He is a former Goldman Sachs executive and is best known for devising the BRIC (Brazil, Russia, India, and China) acronym denoting fast growing developing countries. Additionally, Lord O’Neill served as commercial secretary to the Treasury, where one of his principle concerns was championing the Northern Powerhouse project as the key player in its conception. The points addressed by Lord O’Neill centred around economic modelling from his previous experience. In so doing, Lord O’Neill challenged several of the assumptions made by academics in classrooms: the idea of unemployment, often perceived to be a lagging indicator of economic performance (i.e. unemployment goes down after output rises, vice versa), as an excellent leading predictor of economic performance (in the case of U.S. joblessness counts produced each month); the notion of China as an economy built on exporting, which is the top importing destination for over 70 countries (including Germany); and lastly that two of the most productively stagnant economies (Britain and Japan) are responsible for one of the most productive manufacturing plants in the world (the Nissan Sunderland factory). Lord O’Neill finished his talk rather counteractively by suggesting that Brexit is not the biggest challenge for the UK Economy. Instead, we should turn to focus on tackling our productivity issues through revisiting the...

Our view on George Osborne’s appointment at the University of Manchester

As if 5 jobs weren’t already enough, It was announced today that the former chancellor George Osborne has been appointed as an honorary professor of economics at the University of Manchester. George Osborne has become a professor of economics at the University of Manchester pic.twitter.com/pOgJHz83ps — Tom 🍦 (@_tom_burke_) June 29, 2017 As an honorary professor, Mr Osborne will not be leading any courses but will be expected to deliver guest lectures. The appointment  of Mr Osborne, an economic policy maker but not an economist by training, represents a critical decision by the University and makes a bold statement about the way we wish approach the teaching of economics at Manchester. The Post-Crash Economics society have been campaigning for a more real world focused Economics syllabus and therefore welcomed Mr Osborne’s comments made in a recent interview to Research. The former Chancellor stated that the “teaching of economics has become a bit too science like and a bit too theoretical” and that “people don’t always look for the maximum utility”. Given that one of the main issues that the Post-Crash Economics society and the rest of the student movement is campaigning for in our economics education is for more real world application, Mr Osborne clearly shares some common ground with our efforts for this part of curriculum reform. PCES  welcomes economic policy practitioners into the economics department who recognise that more real world application is needed, and who seek to challenge the unrealistic assumptions the models that we are taught often make. With that said, we do not think the introduction of policy makers into our department goes anywhere...

Recent Sam Bowles talk on inequality

On Thursday the 4th of May in Lecture Theatre A of University Place, Sam Bowles delivered his lecture on the past and future of inequality. And to many of our minds it was perhaps the most rigorous exploration of the subject we have yet seen. Quite unlike many other talks on inequality, Sam traced inequality back right to the dawn of agriculture, looking at the foundational bases of inequality and how they may or may not carry into the future. He seemed to conceptualise the economy in a way that was quite different and in many ways more relevant than how it is normally approached, perhaps this was because of how interdisciplinary his studies were. For example, he brought psychological and biological studies to great effect, to assess to what extent our innate capacities affect inequality in a given society, this is something that economics as a discipline rarely does. All this was backed up by the rigorous application of the scientific method and loads of fieldwork, everything was backed up by big studies with graphs, data points and reasonable abstractions based on them. Leaving me, and many others, feeling like we could do with a bit more science in our social sciences. What was really almost amusing about the talk was when questions based on the classic: ‘nature vs. nurture’ were asked, which many of us to assume to be some kind of unanswerable point of controversy, was answered by Sam in a calm and reasoned manner, leaving us with a pretty good idea of which one it is. I wouldn’t want to try and sum up in any half baked way...