Department of Economics public debate
Date: Wednesday 20 January 2010
Time: 6.30-8pm
Venue: Sheikh Zayed Theatre, New Academic Building
Speakers: Professor Geoffrey Hodgson, Professor Albert Marcet, Paul Ormerod, Professor John Sutton
Chair: Professor Tim Besley
The recent global crisis has lead to questions being asked about whether the kind of economics being taught to students in leading economics departments was responsible for the widespread failure to predict the timing and magnitude of the events that unfolded in 2008. Critiques range from an absence of historical context in mainstream teaching of economics to excessive reliance on mathematical models. This panel brings together four leading economists to debate this issue and to discuss what changes in the economics curriculum and the way that it is delivered are desirable.
Geoffrey Hodgson is Professor of Business Studies, University of Hertfordshire, and editor-in-chief of the Journal of Institutional Economics, Albert Marcet is Professor of Economics, LSE. Paul Ormerod is from Volterra Consulting and John Sutton is Sir John Hicks Professor of Economics, Department of Economics, LSE.
Tim Besley is Kuwait Professor of Economics, Director of STICERD, and Director of the Master of Public Administration (MPA), LSE.
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