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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.

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Latest from our Blog

Gender Challenges by Bina Agarwal

I had the pleasure of attending the launch of Gender Challenges earlier this month. Gender Challenges is a monumental three-volume compendium of selected papers written by Bina Agarwal over three decades and published by Oxford University Press. This impressive body of work examines gender inequality in different countries and communities, relating to agriculture, food security, property, land rights, and the environment, and how policy makers can tackle them. Bina, a Professor of Development Economics and Environment at the Global Development Institute of the University of Manchester approaches these issues from a gender perspective and challenges mainstream assumptions in the social sciences and policy. She rightly uses both qualitative and quantitative analysis. The issues are not simply presented as economic ones. Bina uses many disciplines from the social sciences and also law to examine gender inequalities and suggest workable solutions. Reading the work, what first struck me was the variety of ways women are affected globally and the inadequate one-size-fits-all approach of policy makers in these countries. The first volume looks at agriculture, technology and food security and covers her writings from 1981 to today. In the early years, agricultural growth was made possible by the Green Revolution but women’s role was ignored. A key assumption questioned by Bina is the idea that women are less efficient than men in farming, and the attributing of the gender wage gap to productivity differences rather than to gender discrimination. These assumptions are also challenged by her using data from an experiment with potato-digging equipment which found that women are more efficient than men in doing the same job: they took 69 hours...

Calling all economics students, your department still doesn’t listen

It is that time of the year when 3rd years receive emails from their departments to tell them to fill in the NSS survey. The NSS helps the university to get an idea of the delight or disdain that you have had from your 3 years of studying economics. It is therefore imperative that students fill in the survey. Our opinion still remains that the dismal science is not seeing the change that is necessary to create economics students that are fit for purpose. Ask yourself the following questions: What have you learnt from your economics degree? Have you been exposed to economic history in your degree? Are you confident in communicating your economic knowledge to different groups such as the public, academics and fellow students? Has your curriculum made any mention of theories such as endogenous money, cost plus pricing or the financial instability hypothesis, all heterodox theories which have a good degree of empirical support? Has the assessment challenged you at university or do you find that you memorise a model and regurgitate it in an exam? Have you been encouraged in tutorials to think critically about the subject? The reaction of the department in the last academic year and since their dreadful 2013/2014 NSS results has not been good enough. Proposed new modules which would take students’ concerns into account were a case of all talk and little action. Consultations with students have become token gestures where opinions are monopolised and students’ pleas fall on deaf ears. Take the current course restructuring as an example. In student consultations the message was clear from students represented by PCES,...

Britain’s Future in the EU

The PCES held our first event of the second semester on the topic of “Britain’s Future in the EU”. We felt that the economic arguments needed clarifying for such an important decision for the UK. The event seen us joined by Dr Swati Dhingra, a lecturer at the London School of Economics and John Springford, from the senior fellow from the Centre for European Reform which is a think tank that wants to make the EU work better. Both were in favour of the EU, though this was not by choice but rather necessity, with speakers from the Brexit side of the EU being either unavailable or unwilling to speak at our event. The event began with Dr Dhingra talking about the economics of the single market, stating that the “economic consequences of leaving the EU are less contentious than the political ones”. The focus was on the referendum of the past and what we have learnt from it through the data. Consumers, businesses and workers have benefited from when the UK joined the single market in 1973 through a decrease in prices for consumers, the easier access to the European market for businesses and the rise in wages for workers. The analysis then moved on to UK trade, centring around the EU being the UK’s biggest trading partner when looking at exports . It was argued that the comparable advantage that the UK has in services and the growth of the services industry and that in the years to follow the EU services industry will grow which will lead to further increases in exports to the EU . Leaving...