Economics at Cambridge
The Economics undergraduate course, or the ’Tripos’, at Cambridge offers students the opportunity to study economics both at a theoretical and an applied level. Cambridge equips the students with a toolkit they can use to explore real world problems. Students learn the formal economic analysis, the policy prescriptions that follow as well as the political and economic context in which these policies are implemented.
To broaden their understanding of economic problems students are required to study British economic history and politics in the first year of the course, and take papers on macroeconomic and microeconomics. Later in the course there is opportunity to take development economics and sociology options. Students who are interested in mathematics are also able to take courses in mathematics and its application to economics. There is a strong quantitative element with compulsory statistical papers in the first two years.
Full details about the structure and content of the course can be found at the Departmental website.
Economics in Murray Edwards College
We welcome around 4 undergraduate students in Economics each year. Within the College as a whole this means we have around 12 undergraduate students and 2 Fellows in Economics.
Supervisions are mainly organised by the College. Typically, they will be in groups of three and students are expected to prepare work prior to the supervision. Some will be held in College with Murray Edwards College Fellows, others will be arranged with Fellows at other Colleges who are specialists in the relevant area.
The students also have an opportunity to attend the various seminars on Economics related topics run across Cambridge by various Faculties, Research Centres and student societies. The students from Murray Edwards College are often very actively involved in the Marshall Society, the Economics Society of the University of Cambridge.
Our students often excel at the University level with 75% of the students getting a First or a 2.1. In the academic year 2014-15, One of our second year students was ranked 8th in the final University Examinations.
There are two Fellows in Economics at Murray Edwards College, both of whom are actively involved in research:
- Dr Kumar Aniket is the Director of Studies at Murray Edwards College. His research interests lie in the areas of Applied Microeconomics and Development Economics.
- Dr Sara Horrell's research interests include Economic History and Labour Economics.
Applying to study here
We look for students who are enthusiastic about their subject, motivated to learn more and have achieved highly in their examinations to date. At interview we will be looking for evidence of some of qualities that indicate the potential to derive the greatest intellectual enjoyment and educational benefit from the Economics course: the ability to think analytically; good numeracy skills; the capability to comprehend and analyse large amounts of information in order to form a balanced judgement about an issue; and a genuine interest in economic affairs.
In preparing to apply or for your interview it is a good idea to think about where your particular interests lie. You might find it helpful to start by reading the leader section of the Economist magazine and the blogs published by the Institute of Economic Affairs.
We usually set conditional offers consistent with typical/standard offers across the University ie usually A*A*A at A level in concurrently studied subjects (or their equivalent). Full details of entry requirements and selection processes for Economics across all colleges can be found on the central University webpages.
Moving into your career
Our students follow a wide range of careers when they leave: some will want to stay closely involved with their subject interest while others will be keen to apply the skills and attributes they have developed while studying here to a wide range of opportunities. Those who have studied Economics at Murray Edwards have either gone on to do their PhD in Economics or taken up roles as Economist with the Government, the banking sector, trade unions and international organisations. Students who decide to pursue their careers in other professions find that their knowledge of Economics is an invaluable asset. Their ability to comprehend and use statistics and to apply the analytical skills they acquire during their Economics Tripos are considered particularly useful by employers.
We support students in developing their skills and in exploring varied career options through our Murray Edwards College Gateway Programme.
Alumnae who have studied Economics
Some of our former Economics students have gone on to lead major companies. For example, Liv Garfield is the CEO of Severn Trent.