Course summary

Economics tackles a broad range of problems, from barriers to economic development to international financial crises. An open-minded and scientific approach to these issues requires formal modelling of economic relationships, and testing hypotheses against data. The study of economics therefore involves developing problem-solving skills, including mathematical and statistical methods, and applying these skills without ever losing sight of the real world we seek to understand. The economics programmes at LSE aim to provide students with a thorough grounding in the analytical methods of economics and to develop their skills in applying these methods to a diverse range of problems, both microeconomic and macroeconomic, in analysing and constructing complex arguments and in communicating these effectively.