The modern School of Economics at St Andrews University has a long history and is highly ranked today.
The School of Economics and Finance at the University of St Andrews is part of Scotland's first university, with an established reputation as one of Europe's leading and most distinctive centres for research and teaching. The School is a dynamic research-led School where faculty carries out innovative and path-breaking research in relevant and important issues for individuals and societies. The School aims to deliver outstanding research and teaching in all areas of Economics and Finance and was ranked joint tenth in the UK in terms of research outputs in the Research Excellence Framework in 2014 and seventh in UK for student satisfaction in the National Student Survey in 2018.
Economics has a long history at the University of St Andrews. It was first taught (as Political Economy) sometime before 1826 by Professor Thomas Chalmers.
The School of Economics and Finance undertakes high-quality research in a variety of topics such as dynamic macroeconomics, choice theory, bounded rationality, game theory, expectations and learning, competition and innovation and climate change.
Research within the School of Economics and Finance is grouped into four main themes:
- Applied theory, decision theory and game theory
- Empirical economics and econometrics
- Macro and international economics