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Taught by Warwick staff, our courses are each three days long and packed with lectures, seminars and personal effectiveness and communication skills workshops. Each taster will also include a special lecture delivered by one of our Economics alumni in the iconic Shard.

There will also be plenty of opportunities to work alongside your peers and to network and socialise in an informal environment. Courses will introduce you to exciting concepts in your chosen discipline, opening your mind to new ideas and will reflect the highest standards of Warwick learning.


Economics Taster

Economics is everywhere, and it can be applied to almost everything, and we will show you some of the traditional and more diverse areas where economics is relevant.

We will cover a number of exciting and important topics that lie at the heart of economics. In particular, you will be introduced to some of the key concepts and tools of game theory and behavioural economics. These lie at the very core of economics - subjects that determine individual choice and collective choice, and in turn impact on the fundamental problem of economics, which is all about problems involving the allocation of scarce resources.

We will also introduce some of the burning issues concerning the world of money and banking, including some core ideas of finance and stock markets.

The political and social contexts matter for economic outcomes and we will touch on how and why that is so.

This taster will show you how to think like an economist, and provide a perspective about the way economics is taught at the University level.


100% of Pre University Economics students rated the teaching delivery as excellent or good.

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Course dates

The next available dates are:

  • Wed 14 - Fri 16 February 2018
  • Mon 9 - Wed 11 April 2018

  • Wed 30 May - Fri 1 June 2018
Fees, admissions, location
Bursary Scheme

Programme content

Over the three days of the Summer School, you will enjoy:

  • Pre reading and post course study material
  • 9.5 hours of teaching from Warwick staff covering several exciting topics, and introducing areas usually taught to undergraduate students at university
  • 4.5 hours of personal effectiveness and communication skills
  • A guest lecture from a Warwick alumnus at the iconic Shard
  • A session on University Applications
  • Lunches and refreshments
  • An opportunity to put into practice what you have learnt through a group presentation
  • A certificate of attendance

Entry criteria

We are looking for motivated and enthusiastic individuals who are looking to apply for University or have already applied. You must be at least 16 years old in order to apply and be undertaking or have previously completed A levels or equivalent (key stage 5).

There are no subject specific criteria apart from a passion for economics and related subjects, and the desire to learn new ideas. This may be of particular interest to Economics, Business and Maths students but there are no subject pre-requisites and the course is equally suitable for non-Economists.

If you are thinking of applying (or have applied) for an Economics course at University - whether that be straight Economics or any course that has an Economics element such as PPE, Maths and Economics, and Politics and Economics - then this taster is for you.


English Language Requirements

The Pre University Tasters will be taught in English so students must be able to demonstrate a good level of English language and comprehension. We assess student's English ability through their application form, any English language qualifications and correspondence.

Topics

One of the most important areas in economics is that of game theory. It is used in almost all topics of interest to economists. It is an area that can be applied to countless situations. Game theory is all about strategy and strategic thinking. Every day we have decisions to make and engage in economic interactions that involve making choices in a strategic context. Understanding game theory can help consumers, firms, governments and society to make effective decisions. We’ll consider some of the key concepts of this exciting subject such as the Prisoner’s Dilemma game and of course the Nash Equilibrium concept which is arguably the most important idea in economics.

Behavioural economics is one of the most fascinating and important branches of the discipline, and has developed rapidly over the past ten years or so. We will introduce some of the core ideas and tools of behavioural economics and show how these depart from the traditional “rationality” assumptions that have been the focus of economics. Behavioural economics looks to explain how agents actually behave in practice and what factors can sometimes explain seemingly irrational behaviour such as herd behaviour in financial markets. We will explore the role of behavioural economics in the context of both the consumer and firm behaviour, and also in government actions policies.

We will begin this topic by asking the simple question of what exactly is money. The answer is a bit more complicated than the question and we will look at the role that money plays within an economy. There are many uses and purposes of holding money and we will consider why a currency is actually needed and what it allows consumers, investors and governments to do. We will take a closer look at the banking system and provide an understanding of the workings of stock markets.

During the personal development sessions, students will focus on important skills such as effective listening and delivering presentations. The sessions will complement the academic learning so students will get an opportunity to apply some of the new knowledge that they have learnt in an interactive way. On the final day of the course, students will work in small teams to deliver a presentation to the wider group.

People

Abhinay Muthoo.jpg 

Course Leader/Teacher:
Professor Abhinay Muthoo

Siobhan Benita

Course Teacher:
Siobhan Benita