32 Lincoln's Inn Fields building and its entrance


Banque de France & Toulouse School of Economics Prizes in Monetary Economics and Finance

John MooreSilvana Tenreyro

Congratulations to Professors John Moore and Silvana Tenreyro on receiving the Banque de France & Toulouse School of Economics Prizes in Monetary Economics and Finance. John Moore was awarded the Senior Prize, and Silvana Tenreyro was awarded the Junior Prize Europe.

Awarded every two years, these prizes recognize researchers ‘who have developed fundamental concepts in monetary economics and finance.’ Their aim is to encourage research that contributes to a better definition and implementation of policies conducted by central banks.

Find out more.

April 2021


Earlier in 2020/21

2021 Yrjö Jahnsson Award in Economics


ricardo-reis-300x300Silvana Tenreyro

Congratulations to Professors Ricardo Reis and Silvana Tenreyro who have been awarded the 2021 Yrjö Jahnsson Award.

The Finnish Yrjö Jahnsson Foundation established this biennial award in 1993, for a European economist no older than 45 years old, who has made a contribution in theoretical and applied research that is significant to economics in Europe. The European Economic Association (EEA) cooperates in the selection of the award winners.

Ricardo and Silvana were selected for their important contributions to macroeconomics: 'This includes work on monetary economics, on inequality and macroeconomic outcomes, on fiscal policy and automatic stabilizers, and currency unions. Their work has had deep impact on macroeconomics and they have each individually also made important contributions to other fields' (EEA). 

Ricardo Reis is A.W. Phillips Professor of Economics at LSE. 

Silvana Tenreyro is Professor of Economics at LSE, and External MPC member, Bank of England.

Read more.

March 2021


Lucien Foldes 1930-2021



It's with great sadness that we have learned about the death of Lucien Foldes. A Vienna native, he came to LSE as a student, received both his undergraduate and Masters degrees from the School, before joining the academic staff. He was a member of the Department from 1951 until his retirement in 1996. He was also a member of the Financial Markets Group and the Systemic Risk Centre. Lucien started his career by writing on both applied and theoretical topics in business economics, public enterprise, and the economics of industry. Around 1970, going with the trend of the time in the profession, he taught himself more advanced mathematics and probability theory and became a mathematical economist, studying decision making under uncertainty and investment theory. Find out more about Lucien's research.

Lucien passed away in February 2021.

March 2021


Congratulations to Professors John Moore and Nobu Kiyotaki

John Moorenobuhiro-kiyotaki-300x300

Congratulations to John Moore and Nobu Kiyotaki for winning this year’s BBVA Frontiers of Knowledge Award.

The award, shared with Ben Bernanke and Mark Gertler, honours their contribution to understanding how financial market imperfections affect macroeconomic fluctuations. John and Nobu’s work in this area was carried out when both were in the Department and highlights the continued contribution of Department members to the most important intellectual debates in our profession. It is a most well-deserved recognition. They join our colleague Philippe Aghion, who was one of last year’s winners of this prestigious award.

March 2021


Maureen Colquhoun (1928-2021)



We're saddened to hear of the passing of Maureen Colquhoun, the UK's first openly lesbian MP, and LSE Department of Economics alumna.

Maureen earned her degree in Economics from LSE in the mid-late 1940s and was elected to the House of Commons in 1974, where she served as a Labour MP (Northampton North) until 1979. From 1982-1990, Maureen served as an elected representative to Hackney London Borough Council.

As the first openly gay woman to serve as an MP, Maureen stood up for gender balance and equal representation of women in government positions, even if it meant standing alone. During her time in Parliament, Colquhoun campaigned to promote women’s rights and representation across public life.

Read more about the courageous life and work of Maureen Colquhoun in this LSE History Blog.

February 2021


Google Celebrates Sir W Arthur Lewis



Today, Google is honouring Sir W Arthur Lewis with a Doodle, 41 years on from the day he was awarded the Nobel Memorial Prize in economics.  

Sir Arthur Lewis, a St Lucian economist, academic and policymaker was awarded the Nobel Prize in 1979 (jointly) for pioneering research into economic development with particular consideration of the problems of developing countries. His research prompted new ways of thinking about issues of poverty and underdevelopment. 

Sir Arthur Lewis was a student at LSE from 1934 to 1937, and a member of staff in the Department of Economics from 1938 to 1948. He was LSE’s first Black academic and the UK’s first Black professor. Find out more about Sir Arthur Lewis’ legacy and impact, both at LSE and around the world, in this video.

The LSE Department of Economics has a Sir W Arthur Lewis professorship in economics and the current holder, Tim Besley, has welcomed this recognition of Arthur Lewis by Google: 

“The LSE Economics Department are proud of our association with such an important figure and are delighted to see Google recognizing his achievements. He is an important role model who all young economists can look up to but he is especially relevant to those who are striving to overcome adversity and the legacy of discrimination.”

December 2020


Basil Yamey (1919-2020)



Basil Yamey spent almost his entire career at LSE. The native of South Africa joined the Department of Economics in 1947, where he stayed until his retirement in 1984, with the exception of a one year spell at McGill University. He was a prolific academic, an effective administrator, and a kind friend to many. His academic work spans topics from industrial economics, monopoly and competition, and developing countries, to futures trading and the history of accounting. He was editor of the LSE journal Economica, convenor of the Department of Economics and Vice Chair of the Appointments Committee in the School. He had a fondness for Italy and for the arts. Gentle and welcoming, he is remembered warmly by many colleagues, friends and students.

Basil passed away in November 2020. The Economics Community at LSE shares the sadness with his family and many friends. You can read more about Basil here.

Read Basil Yamey's obituary on LSE's condolences page.

November 2020


ESRC Celebrating Impact Prize for Lifetime Achievement



The Department congratulates Richard Layard for receiving the 2020 Celebrating Impact Prize for Lifetime Achievement from the ESRC. Richard Layard is Emeritus Professor of Economics and has spent virtually his entire career at LSE.  He founded and directed the Centre for Labour Economics and later the Centre for Economic Performance, which is celebrating its 30th anniversary this year, and where Richard still directs the Wellbeing Programme. His research spanning areas from the economics of education, unemployment, and wellbeing and mental health has always had an important policy dimension, so that this prize is most fitting.  For more information, see Richard Layard presented a lifetime achievement award from the ESRC.

Watch Professor Lord Richard Layard discuss his research in this ESRC video.

November 2020


Meet Diana Self - one of our oldest alumni!


Diana Self - aged 95

In celebration of the School's 125th anniversary, one of the School's oldest alumni, Diana Self, who took our BSc Economics, shares her memories of LSE during and just after World War II.

Read more on the LSE125 Anniversary Blog.

November 2020


LSE100 Award for Outstanding Academic Achievement



We are delighted to congratulate our students who have won the LSE100 Award for Outstanding Academic Achievement. This award is given to students who receive marks of Distinction in all four assessments on LSE100 and is a reflection of exemplary work across these demanding assignments. This year’s winners are in the top 6% of students in the entire undergraduate cohort that completed the LSE100 course in 2019.

Jash Bherwani
Hilary Cheung
Jacob Dean
Sharmishtha Desai
Shreyas Guntur
Anastasia Hariyanto
Wye Yew Ho
Anders Johansson
Tammy Fei Ning Kho
Eunchae Lee
Tanmay Mahesh
Joshua Michalowski
Samantha Ong Pay Min
Deyan Pehlivanov
Nicolas Rotzler
Anish Samarth
Guang Maik Tan
Harish Vatsen

November 2020


2019/20 Department prize and awards winners announced


32 Lincoln's Inn Fields

2019/20 Department prize and awards winners announced

Every year, the Department of Economics awards several monetary prizes for students who have performed exceptionally well in their modules and examinations. The prizes are awarded to both continuing students and finalists. We would like to extend our warmest congratulations to all students who were awarded departmental prizes and awards for the previous academic year. Click here to see a full list of award winners for 2019/20. 





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