The Economics Department has secured tickets to the RES Annual Public Lecture to be held on Tuesday, 24th November 2014. Those considering studying economics at university should make every effort to attend the lecture held at The Royal Institution, London. This year’s lecture entitled “Does Starbucks pay enough tax? – how and why we tax large multinational firms” will be given by Professor Rachel Griffith. Further details can be found here. Please see Mr Dean or Mr Hall to secure your place – we only have 19 tickets available.
Many thanks to Mr Graves, who directed my attention to this excellent article from today’s Daily Telegraph. It is essential reading as you finalize your essays.
By the end of this week you should have completed your essay, ready to submit it next week. You will need to start a new Google document which you will use to write your final essay and then share it with your two economics teachers using their school email addresses. As you write they will provide you with advice and guidance. Remember that the final essay should not exceed 2500 words in length and should be properly referenced. You will be writing your essay both during lessons and for homework and you should, if possible, bring a laptop computer to lessons with you.
This week everyone should spend their homework time working on their essay plans. You should create a Google doc and share it with one of your economics teachers who will keep an eye on the progress of your essays. An excellent plan will be the key to an excellent essay, so this week should be devoted to research and planning.
In order to help you understand the arguments surrounding airport expansion in the UK you need to read some of the background documents. The UK government has set up an Airports Commission specifically to make a decision about airport expansion and they have collected some useful evidence and drawn some interesting conclusions. You should read the following documents before the end of the week.
The Commission has published a report explaining why new airport capacity is needed and why the new runway will need to be at either Gatwick or Heathrow.
The Commission also published as assessment of a new airport in the Thames Estuary, popularly known as “Boris Island”, and explained why they felt it was untenable.
These two documents contain vital information which you will need to be able to write a competitive essay, so read them carefully and be prepared to discuss them during lessons.
As part of your L6th economics studies you will submit an entry to the Royal Economics Society Essay Competition 2015. The competition provides an excellent focus for the remainder of the Trinity Term and affords you an opportunity to start some of the A2 content. In addition, you will develop the kind of extended writing skills so necessary for higher level study and give you something to write about in your future university applications.
The Economics Department has decided that all students should complete essay title 8. This particular essay has very close links to many of the topics you will study next year.
“Does the economic case favour a new airport runway at Heathrow, Gatwick or elsewhere?”
Drafts can be submitted to your teacher for checking, but ultimately the final submission is down to you. Details regarding the competition can be found here.
In addition, support resources will be posted to a dedicated Scoop It board found here.
Competition is tough, but there are CASH prizes (£1,000 for the national winner). Previous winners’ essays can be found here. Judges include Sir Charles Ben (OB), Stephanie Flanders (ex-BBC Economics Editor), and Professor Johnathan Haskel (Imperial College).
A guide to using the Harvard reference system (see comments for video explanation).
Those considering applying to read economics at university should think about entering an essay competition. It gives you an opportunity to investigate an area of interest, develop your extended writing skills, and adds weight to a university application. If the aforementioned fail to provide sufficient incentive then there is always the £1,000 prize for the winner.