Economics

Archive of News

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15 May 2013: Andrew Chesher appointed as William Stanley Jevons Chair of Economics and Economic Measurement

Perhaps the most eminent figure to hold a professorship of economics at UCL was William Stanley Jevons (1835-1882), also earlier a student of the college. Often seen as the main British contributor to the marginalist revolution in economic thought of the 1870s, he challenged Ricardian ideas, seeking for instance to replace theories of value based on labour input with theories based on utility. In his support for the use of mathematical analysis in economics and in his practical use of economic statistics, he can be seen as one of the first exponents of recognisably modern econometric methods. Andrew Chesher’s standing in the profession and his contributions make him an extremely worthy holder of the William Stanley Jevons Chair of Economics and Economic Measurement.

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14 May 2013: Fabien Postel-Vinay to join UCL Economics

UCL Economics is pleased to announce that Fabien Postel-Vinay (Bristol) will join the department this coming academic year. We are proud to be able to add his significant talent to our departmental portfolio. More...

13 May 2013: Orazio Attanasio appointed as Jeremy Bentham Chair of Economics

Jeremy Bentham, was the “spiritual founder” of UCL and a key player in the establishment of UCL Economics. He made fundamental contributions to economics and many of them still shape modern economic theory. Perhaps most importantly, Bentham developed Utilitarianism. Although his felicific calculus has not survived to modern economic theory, the idea of utility being the main object of interest for welfare and choice theory is still very much the dominating paradigm. Utilitarianism also provides the foundation of much modern econometric measurement, testing and estimation of economic theory without which macroeconomics would have little relevance. Bentham also worked on macroeconomic theory including monetary economics. Orazio Attanasio has made fundamental contributions to many of these areas and is an extremely worthy holder of the Jeremy Bentham Chair of Economics. More...

7 May 2013: Eric French to join UCL Economics

The Department of Economics is pleased to announce that Eric French (Federal Reserve Bank of Chicago) has decided to accept our offer for a chair in applied economics and will be joining us this summer.


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