The new Economics of Education Research Centre (EERC) will develop a robust evidence base to support DfE policy decisions on education and skills.
It will analyse the economic links between education and skills, including the drivers and consequences of young people being not in education, employment or training (NEET).
The EERC will comprise leading education economists from the UCL Centre for Education Policy and Equalising Opportunities (CEPEO), the Centre for Economic Performance at LSE, and the Institute for Fiscal Studies.
Professor Lindesey Macmillan said: “Through this new centre, we can support the Department for Education to better understand the trade-offs of implementing preventative action – including estimating potential savings in benefits spending, wider impacts on mental health, and reductions in crime.
“The health sector does this well, but there is more to be done to match this in the education space.”
Find out more from UCL Consultants
UCL-led consortium wins bid to launch new education economics centre
Read the UCLC newsRelated links
- As reported in the Times Higher Education magazine
- As reported in the FE News
- UCL News: Two new UCL-led research centres to inform Department for Education policymaking
- Professor Lindsey Macmillan’s academic profile
- Centre for Education Policy and Equalising Opportunities (CEPEO)
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