Wikipedia

Draft:School of Economics, University of Nottingham

  • Comment: Resubmitted without addressing the concerns raised in the previous review. Khagendra (talk) 21:21, 15 June 2026 (UTC)
  • Comment: Individual schools within a university are often not notable on their own, the only sources talking about the school are written by the university demonstrate it has no notability outside of the university itself. McMatter (talk)/(contrib) 15:35, 10 May 2026 (UTC)

School of Economics
Sir Clive Granger Building, which houses the School of Economics
TypeAcademic department
Established1998
Parent institution
University of Nottingham
Head of SchoolKimberley Scharf[1]
Location
Nottingham
,
England

52°56′22″N 1°11′41″W / 52.93936°N 1.19467°W / 52.93936; -1.19467
Campus
Websitewww.nottingham.ac.uk/economics/
Map

The School of Economics is an academic department of the University of Nottingham in Nottingham, England. It is based in the Sir Clive Granger Building on the university's University Park campus.[2] The building is named for Sir Clive Granger, the former Nottingham economist and econometrician who shared the 2003 Nobel Memorial Prize in Economic Sciences.[3][4]

The school has been placed among the leading economics departments in the United Kingdom and within the top tier internationally in economics-specific rankings. In the 2008 Research Assessment Exercise, The Guardian's table placed Nottingham equal sixth in economics and econometrics.[5] In the 2021 Research Excellence Framework (REF), the university's analysis ranked Nottingham's economics and econometrics submission fifth in the United Kingdom by grade point average.[6] In April 2026, IDEAS/RePEc ranked the school 40th globally among economics departments and seventh in the United Kingdom; its field ranking also placed Nottingham second globally in cognitive and behavioural economics.[7][8][9]

History

edit

Economics at Nottingham predates the creation of the modern school. The university records that political economy was taught in Cambridge extension courses in Nottingham in the 1880s, and that John Aiton Todd was appointed the first Professor of Economics and Commerce at University College Nottingham in 1912.[3] University College Nottingham received its royal charter and became the University of Nottingham in 1948.[3]

Sir Clive Granger, whose 2003 Nobel Memorial Prize is commemorated in the name of the school's building

Granger studied mathematics and economics at Nottingham and received a doctorate from the university.[4] He later taught and conducted research at Nottingham before joining the economics department at the University of California, San Diego in 1974.[10] Granger shared the 2003 Nobel Memorial Prize in Economic Sciences with Robert F. Engle for methods of analysing economic time series with common trends.[4] A British Academy memoir records that, after Granger received the Nobel Memorial Prize and was knighted, the university renamed the building housing its economics and geography departments the Sir Clive Granger Building and created the Granger Centre for Time Series Econometrics.[11]

Under David Greenaway's leadership in the 1990s, the Department of Economics expanded its research activity and began to be organised into research centres. In 1998, Greenaway and colleagues received Leverhulme Trust funding for a Globalisation and Labour Markets research centre; this later became the Nottingham Centre for Research on Globalisation and Economic Policy (GEP).[3] In September 1998, the Department of Economics became the School of Economics.[3]

Research assessment and rankings

edit

Economics at Nottingham has been placed in the top ten in the United Kingdom in successive national research assessments. The Guardian's table for the 2008 Research Assessment Exercise placed Nottingham equal sixth in economics and econometrics by average ranking.[5] In REF2021, Nottingham's submission to Unit of Assessment 16, Economics and Econometrics, was ranked fifth in the United Kingdom by grade point average in the university's analysis of the REF results.[12][6]

IDEAS/RePEc provides a separate international economics ranking based on material indexed in RePEc and registered author affiliations. In April 2026 it ranked the School of Economics 40th globally among economics departments and seventh among United Kingdom economics institutions.[7][8] The same ranking system placed Nottingham second globally in cognitive and behavioural economics, reflecting the prominence of the school's behavioural and experimental economics group.[9] IDEAS/RePEc describes its rankings as experimental and based on an incomplete sample of economics and finance research output.[7][9]

Research profile

edit

The school's research profile is organised around several named centres in econometrics, behavioural and experimental economics, economic theory, international trade and development, finance and macroeconomics, globalisation, and political economy. The school lists seven major research centres:[13]

  • Centre for Decision Research and Experimental Economics (CeDEx)
  • Centre for Finance, Credit and Macroeconomics (CFCM)
  • Centre for Research in Economic Development and International Trade (CREDIT)
  • Nottingham Centre for Research on Globalisation and Economic Policy (GEP)
  • Granger Centre for Time Series Econometrics
  • Nottingham Interdisciplinary Centre for Economic and Political Research (NICEP)
  • University of Nottingham Economic Theory Centre (UNET)

Econometrics

edit

The Granger Centre for Time Series Econometrics was established in December 2006 in the School of Economics and is named in honour of Clive Granger.[14] The centre's stated research focus includes theoretical and applied time-series econometrics, panel data methods, and macro and financial econometrics.[15]

Behavioural and experimental economics

edit

CeDEx is the school's behavioural and experimental economics centre.[13] Behavioural & Experimental Economists UK lists the University of Nottingham as having a CeDEx laboratory and identifies CeDEx as Nottingham's behavioural and experimental economics centre.[16] Nottingham's strength in this field is reflected in IDEAS/RePEc's April 2026 cognitive and behavioural economics ranking, which placed the school second globally and separately listed CeDEx among the field's ranked institutions.[9]

The School's behavioural economics group has also been associated with the ESRC-funded Network for Integrated Behavioural Science (NIBS). UKRI's Gateway to Research lists the University of Nottingham as lead research organisation and the School of Economics as the department for a £3,054,753 ESRC grant for the network, which combined nineteen researchers in three UK behavioural-research centres.[17] A 2008 article in Science on antisocial punishment across societies listed its first author's affiliation as CeDEx in the University of Nottingham School of Economics.[18]

Globalisation, trade and development

edit

The Nottingham Centre for Research on Globalisation and Economic Policy, commonly known as GEP, was established in 2001.[19] Mapping the Arts and Humanities describes GEP as a major European centre studying the impact of globalisation and economic policy and one of the largest centres of its kind internationally.[19] It identifies GEP's research areas as including international trade, foreign direct investment, immigration, the political economy of globalisation, labour markets, productivity, technology, China and the world economy, and trade and development.[19]

GEP is associated with international trade and globalisation research at Nottingham. It has hosted the annual GEP/CEPR postgraduate conference, which ECARES described in 2018 as a "long-established and well-known annual event".[20] GEP is also associated with the World Economy Annual Lectures, named for The World Economy journal.[21]

CREDIT, the Centre for Research in Economic Development and International Trade, was founded in 1988 and focuses on development economics, including trade policy, aid macroeconomics and household survey analysis, especially in sub-Saharan Africa.[22]

Policy impact

edit

Research by academics in the school has been cited in UK public-policy contexts. John Gathergood, whose affiliation was listed as the University of Nottingham School of Economics in a 2019 article in The Review of Financial Studies, worked with the Financial Conduct Authority on research concerning payday loans.[23] UK Research and Innovation listed Gathergood as a finalist for the 2017 ESRC Celebrating Impact Prize in the public-policy category, stating that his work for the Financial Conduct Authority led to a payday-loan price cap protecting more than four million customers.[24] A REF2021 impact case study submitted by the University of Nottingham under Economics and Econometrics was titled "Shaping Consumer Financial Protection Policy in the United Kingdom".[25]

Associated people

edit
  • Sir Clive Granger – Nobel Memorial Prize laureate in economics; studied mathematics and economics at Nottingham, received a doctorate from the university and later taught and conducted research there.[4][10]
  • Sir David Greenaway – economist, former Vice-Chancellor of the University of Nottingham and founding director of GEP.[26]
  • Simon Gächter – behavioural economist; professor of psychology of economic decision making in the School of Economics and CeDEx member.[1][9]
  • Vince Cable – honorary professor in the school.[27]
  • Martin Wolf – honorary professor in the school.[28]
  • Jeff Randall – journalist and broadcaster; listed by the school among its prominent alumni.[29]
  • Sir Andrew Witty – business executive and former Chancellor of the University of Nottingham; listed by the school among its prominent alumni.[29][30]

See also

edit

References

edit
  1. 1 2 "Full Staff Listing". University of Nottingham. Retrieved 10 May 2026.
  2. ↑ "Contact Us". University of Nottingham. Retrieved 10 May 2026.
  3. 1 2 3 4 5 "School History". University of Nottingham. Retrieved 10 May 2026.
  4. 1 2 3 4 "Clive W. J. Granger: Facts". NobelPrize.org. Nobel Prize Outreach. Retrieved 10 May 2026.
  5. 1 2 "RAE 2008: economics and econometrics results". The Guardian. 18 December 2008. Retrieved 10 May 2026.
  6. 1 2 "School of Economics REF2021". University of Nottingham. 12 May 2022. Retrieved 10 May 2026.
  7. 1 2 3 "Top Economics Departments, as of April 2026". IDEAS/RePEc. Retrieved 10 May 2026.
  8. 1 2 "Top Institutions and Economists in United Kingdom, as of April 2026". IDEAS/RePEc. Retrieved 10 May 2026.
  9. 1 2 3 4 5 "Top Institutions and Economists in the Field of Cognitive and Behavioural Economics, as of April 2026". IDEAS/RePEc. Retrieved 10 May 2026.
  10. 1 2 "Clive W. J. Granger". Department of Economics, University of California San Diego. Retrieved 10 May 2026.
  11. ↑ Hendry, David F.; Teräsvirta, Timo (2013). "Clive William John Granger 1934–2009" (PDF). Biographical Memoirs of Fellows of the British Academy: 453–469. Retrieved 10 May 2026.
  12. ↑ "Unit of assessment 16: Economics and Econometrics". REF 2021 results. Retrieved 10 May 2026.
  13. 1 2 "Research Centres". University of Nottingham. Retrieved 10 May 2026.
  14. ↑ "The Granger Centre for Time Series Econometrics". University of Nottingham. Retrieved 10 May 2026.
  15. ↑ "Research". University of Nottingham. Retrieved 10 May 2026.
  16. ↑ "University of Nottingham". Behavioural & Experimental Economists UK. Retrieved 10 May 2026.
  17. ↑ "Network for Integrated Behavioural Science". UKRI Gateway to Research. UK Research and Innovation. Retrieved 10 May 2026.
  18. ↑ Herrmann, Benedikt; Thöni, Christian; Gächter, Simon (2008). "Antisocial Punishment Across Societies". Science. 319 (5868): 1362–1367. Bibcode:2008Sci...319.1362H. doi:10.1126/science.1153808. PMID 18323447.
  19. 1 2 3 "Nottingham Centre for Research on Globalisation and Economic Policy (GEP)". Mapping the Arts and Humanities. School of Advanced Study, University of London. 20 September 2023. Retrieved 10 May 2026.
  20. ↑ "Best paper award at the 17th Annual GEP/CEPR Conference for Michael Blanga-Gubbay". ECARES. 7 June 2018. Retrieved 10 May 2026.
  21. ↑ "The World Economy Annual Lecture 2024". University of Nottingham. Retrieved 10 May 2026.
  22. ↑ "Welcome to CREDIT". University of Nottingham. Retrieved 10 May 2026.
  23. ↑ Gathergood, John; Guttman-Kenney, Benedict; Hunt, Stefan (2019). "How Do Payday Loans Affect Borrowers? Evidence from the U.K. Market". The Review of Financial Studies. 32 (2): 496–523. doi:10.1093/rfs/hhy090. Retrieved 10 May 2026.
  24. ↑ "Winners and finalists: 2017". UK Research and Innovation. Retrieved 10 May 2026.
  25. ↑ "Shaping Consumer Financial Protection Policy in the United Kingdom". REF 2021 results. Retrieved 10 May 2026.
  26. ↑ "David Greenaway". Centre for Economic Policy Research. 20 November 2002. Retrieved 10 May 2026.
  27. ↑ "Vince Cable". University of Nottingham. Retrieved 10 May 2026.
  28. ↑ "Martin Wolf". University of Nottingham. Retrieved 10 May 2026.
  29. 1 2 "Prominent Alumni". University of Nottingham. Retrieved 10 May 2026.
  30. ↑ "Chancellor". University of Nottingham. Retrieved 10 May 2026.
edit
Retrieved from "https://en.wikipedia.org/w/index.php?title=Draft:School_of_Economics,_University_of_Nottingham&oldid=1359541205"