Economics Summer Programme
Monday 28 June – Friday 23 July 2021
This intense four-week academic summer programme will give ambitious students in the fields of economics and politics the extraordinary opportunity to experience Cambridge academic life in the context of a programme specifically designed for high-achieving university students.
Girton College is one of the larger constituent colleges of the University of Cambridge. Founded in 1869, Girton is a vibrant community of scholars, from all walks of life, united in their passion for learning. The College’s beautiful buildings, excellent facilities and spacious grounds are located just outside the city centre, and Girton is well known for its relaxed and friendly atmosphere – the perfect place in which to meet like-minded students from around the world.
Like many other courses in economics this course consists of a microeconomic and macroeconomic component. However, it takes a unique approach in that the microeconomic component is based on a selection of Nobel prize winners while the macroeconomic component takes a historical perspective. Furthermore, the microeconomics and macroeconomics are complemented by a philosophical analysis of democratic capitalist institutions that underpin many economic systems. This rare combination of microeconomics, macroeconomics and philosophy should make this a course of equal interest, both to those with a knowledge of economics and those with little or no background. Students will have 45 hours of contact time over the course of three modules, and they will receive a grade for the work they complete at Girton.
Economics Summer Programme Outline
This programme comprises of three parts:
This part of the course provides students with fundamental insights within macroeconomic theory by emphasising its historical development. It expands on the critique of main macroeconomic theories and on issues regarding policy prescriptions. The course also explores the current content of textbooks on macroeconomics and their shortfalls.
This part of the course provides students with fundamental insights into microeconomic analysis by studying a selection of Nobel Prize winners in economics. Each lecture outlines a key theoretical insight developed by the Nobel Prize winners studied. To provide students with a more rounded perspective, the course also provides some background into the Nobel prize winners themselves (including their life story, motivations, and their times).
This part of the course will use key philosophical thinkers and texts in the Western tradition to explore the intellectual roots, justifications and criticisms of democratic capitalism as a form of political economy. The course will aim to stimulate reflection on the ethical and political significance of democratic capitalism, and consider the relationship of such reflection to economic theory.
In addition to the academic course there will be a series of weekly evening lectures covering topics on Cambridge research or general interest.
Hao Guang, Singapore
Girton Summer Programmes
This program provided not only a holistic approach to studying Economics, but a platform for me to interact and build a rapport with friends from different countries, predispositions and experiences; truly a great way to spend the summer!