Why Choose Economics at RIC?
View(s):The Department of Economics, at the London School of Economics and Political Sciences (LSE) is one of the leading economics departments in the world consistently ranked in the top 20 economics departments worldwide. LSE continues to be one of the top universities in the world according to the latest ‘Times Higher Education World University Rankings’. The 2019 rankings scored LSE particularly highly for its international outlook, its research, its teaching environment and its citations, four of the five measures on which the rankings were based.
LSE is one of the foremost social science universities in the world, first opening its doors in 1895 and became a constituent college of the University of London in 1900, with the motto ‘rerum cognoscere causas‘, which is simply translated as ‘to know the cause of things’ embodies the desire for development of knowledge and educational curiosity.
LSE, with expertise across the full spectrum of mainstream economics, has a long-standing commitment to remaining at the cutting edge of developments in the field and it has ensured the lasting impact of its work on the discipline as a whole. Almost every major intellectual development within Economics over the past fifty years has had input from members of the department, which counts ten Nobel Prize winners among its current and former staff and students. Their commitment to developing and maintaining practical engagement alongside academic excellence is a hallmark of the Department, whose past and present members have played significant roles in shaping UK and international economic policy.
Reflected in the 2014 Research Assessment Exercise (REF) which recognised LSE’s outstanding contribution to the field, 56 per cent of the Department’s research output was graded 4 star (the highest category), indicating that it is ‘world-leading’. A further 33 per cent was designated ‘internationally excellent’ (3 star). The Department’s research has been utilised in efforts to tackle major global challenges such as climate change; economic instability; economic development and growth; and national and global productivity and inequality, often catalysing profound shifts in policy debate and formulation. Commitment to research inevitably translates to programme content being current and consistent with the modern world of today.
RIC offers a lineup of some of the most prevalent Degree Programmes which are under the rigorous academic direction of LSE and the Degree is awarded by the prestigious University of London.