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Introduction to the Faculty

The Faculty of Economics was established at the beginning of the twentieth century on the initiative of Alfred Marshall. It has been prominent in the development of economic thought ever since. Eminent names from the past include Arthur Pigou, John Maynard Keynes, Richard Kahn, Dennis Robertson, Piero Sraffa, Joan Robinson, Nicholas Kaldor, James Meade, Richard Stone, Frank Hahn and Sir James Mirrlees.

Prominent current members of the Faculty of Economics include Sir Partha Dasgupta, who has been President of both the Royal Economic Society and the European Economic Association and Professor David Newbery, who has also been President of the European Economic Association. Other current Faculty members are closely involved in a number of governmental and international advisory panels and research groups.

The Faculty has major teaching programmes at both undergraduate and postgraduate level and has one of largest group of research-active economists of any British university. It has around 80 resident or visiting academic staff and about 100 research students. Facilities include the Marshall Library in the Austin Robinson Economics building and the University Library nearby.

The Marshall Library is one of the finest specialist libraries in the country devoted to economics and related subjects, with over 70,000 monographs and working papers and over 30,000 journal volumes. It also has extensive databases and bibliographic searching tools including EconLit. The Faculty has extensive computing facilities and two Computer Officers to advise graduate students. There are about 50 workstations available for graduates, connected to a local area network and to the internet. The colleges provide computing, copying and printing services and the University Computing Service also provides support.

The priority of the Faculty is to achieve and maintain international standards of research excellence in economics. Research projects are encouraged which not only contribute to knowledge but also provide research experience, and create a pool of young, talented and energetic researchers to supply teaching posts in the Faculty and the future needs of the profession at large. Taken together, the academic community and its resources provide a stimulating environment, highly conducive to research.