Reading Tasks
Misbehaving: The Making of Behavioural Economics by Richard Thaler
A brilliant book tracing the origins of behavioural economics from the economist Richard Thaler (author also of the influential Nudge).
Available in the LRC.
Keynes: The Return of the Master by Robert Skidelsy
This book examined why Keynes' ideas give us so much insight to the economic crises we face now, despite it being more than 50 years since Keynes died. A .brilliant account from arguably the UK's greatest economist.
Available in the LRC.
People, Power, and Profits: Progressive Capitalism for an Age of Discontent by Joseph Stiglitz
From Nobel Prize-winning economist Joseph Stiglitz, this book offers a compelling account of the dangers of free market fundamentalism, reveals what has gone so wrong, but also shows us a way out.
Available in the LRC.
The Spirit Level: Why Equality is Better for Everyone by Kate Pickett and Richard Wilkinson
This must-read book highlights the pernicious effects that inequality has on societies: eroding trust, increasing anxiety and illness and encouraging excessive consumption.
Available in the LRC.
23 Things They Don’t Tell You About Capitalism by Ha-Joon Chang
This has become a modern economics classic from Cambridge economist Ha Joon Chang. In the book, he debunks some of capitalism's myths and offers an alternative.
Available in the LRC.
The Bottom Billion by Paul Collier
From arguably the world's foremost African economics expert, this book examines the four key reasons (or traps) why the world's poorest billion people are yet to emerge from poverty. Essential reading for students interested in development economics.
This Changes Everything: Capitalism vs. the Climate by Naomi Klein
Climate change, Klein argues, is a civilizational wake-up call, a powerful message delivered in the language of fires, floods, storms, and droughts. Confronting it is no longer about changing the light bulbs. It's about changing the world - before the world changes so drastically that no one is safe.
Available in the LRC.
Thinking, Fast and Slow by Daniel Kahneman and Amos Tversky
This million selling book, from Nobel prize winning authors, reveals how our minds are tripped up by error and prejudice and gives you practical techniques for slower, smarter thinking. It will enable to you make better decisions at work, at home, and in everything you do.
Available in the LRC.
What Money Can't Buy: The Moral Limits of Markets by Professor Michael Sandel
This book examines one of the biggest ethical questions of our time: What is the proper role of markets in a democratic society, and how can we protect the moral and civic goods that markets do not honour and money cannot buy?
Available in the LRC.
Poor Economics: Rethinking Ways to Fight Global Poverty by Banerjee & Duflo
This book from two of our most recent Nobel Prize winners, is a radical rethinking of the economics of poverty that offers a ringside view of the lives of the world's poorest, and shows that creating a world without poverty begins with understanding the daily decisions facing the poor.
Good Economics for Hard Times: Better Answers to Our Biggest Problems by by Banerjee and Duflo
A second recommendation from these two authors, this revolutionary book shows how economics, when done right, can help us solve the thorniest social and political problems of our day. From immigration to inequality, we have the resources to address the challenges we face but we are so often blinded by ideology.
Available in the LRC.
A Short History of Economics by Niall Kishtainy
A lively, inviting account of the history of economics, told through events from ancient to modern times and through the ideas of great thinkers in the field.
Available in the LRC.
The Economist
Subscribe via your Economics teacher.
Economics Review
Read the Economics Review journal.
Available in the LRC.
Deloitte Monday Breifing
A succinct weekly update from Ian Stewart, Deloitte's chief economist, available here.
The Undercover Economist articles
Read Tim Harford's Undercover Economist columns in the FT - a fascinating collection of articles on a range of topics available here.
Writing Tasks
Royal Economic Society Essay Competition
An annual essay competition for Year 12 and 13 A-Level students held by the Royal Economics Society in conjunction with the Financial Times. The competition has five prizes, with one awarded for the best overall essay and a further five for the best essays within each category. Reopens in Spring of every year with a deadline of June/July.
John Locke Essay Competition
Entry is open to students from any country and any school on a range of subjects, including economics. Each essay should address only one of the questions in your chosen subject category, and must not exceed 2000 words. There is a prize of £100 for the best essay, and the essay will be published (with the authors' permission) on the Institute website here.
Institiute of Economic Affairs Essay Competition
Open to current Year 12 and Year 13 students as well as all Undergraduate and Postgraduate Students at UK universities. The competition opens in the Autumn and entries should be no longer than 2,500 words long with a bibliography and Harvard style referencing. As well as the overall winner, there is also a prize for best Year12/ 13 entry. Details here.
Listening Tasks
Economics in Ten
Economics In Ten is your go-to podcast if you want to learn about the lives, times and ideas of the world's greatest economic thinkers (including those in the A level specification). Each episode is a fun exploration of a famous economist using ten different questions.
50 things that made the modern economy
In this podcast, Tim Harford tells the fascinating stories of inventions, ideas and innovations which have helped create the economic world.
Wake up to Money
This BBC Radio 5 podcast covers news and views on business and the world of personal finance. Plus the very latest from the financial markets around the globe.
More or Less
In this podcast, Tim Harford explains - and sometimes debunks - the numbers and statistics used in political debate, the news and everyday life.
IFS Zooms In: The Economy
In this podcast, the Institute for Fiscal Studies economist Paul Johnson offers independent analysis of current economic issues.
Watching Tasks
The Big Short - Film
The Big Short is a film starring Ryan Gosling that explains the financial crisis of 2008, following the outline of Michael Lewis’s best-selling nonfiction book — but also to make the dry, complex abstractions of high finance exciting, fun and Oscar winning.
Moneyball - Film
A film starring Brad Pitt about Billy Beane, a baseball manager of a team with the lowest salary constraint in baseball. If he ever wants to win the World Series, Billy must find a competitive advantage. Billy is about to turn baseball on its ear when he uses statistical data to analyse and place value on the players he picks for the team.
I, Daniel Blake - Film
A 59 year old carpenter recovering from a heart attack befriends a single mother and her two kids as they navigate their way through the impersonal benefits system. With equal amounts of humor, warmth and despair, the journey is heartfelt and emotional until the end.
LSE Lectures
Visit the LSE to hear economists and policy makers speak. Or catch up on their website by watching recorded lectures or listening to podcasts. Click here.
Talking Business
This excellent BBC programme covering current economic issues from Brexit to corruption to trade.
World Business Report
A valuable BBC series taking a close look at issues in the international economy.
Trips & Visits
Bank of England Museum
Visit the Bank of England Museum in London to learn about the role of the bank and financial markets. Information here.
Docklands Museum
Visit the Docklands Museum to learn about the role of the docks in the development of the City of London. Information here.
Amazon Tours
Book a tour to see Amazon's business model in action. Information here: https://amazontours.com/uk