Institute of Economic Affairs conference

On Wednesday 6th February, a group of SFC1 economists attended the Institute of Economic Affairs (IEA) regional sixth form conference, held this year at Pate's Grammar School in Cheltenham.

The IEA is one of the country's leading economic think-tanks and regularly advises government on economic policy, as well as providing opinion on topical economic issues.

The students heard three lectures: 'Why pay high?' - an insight into wage differentials and labour market imperfections; 'Market failure in Healthcare' - an interesting discussion on the potential benefits of increased provision of private healthcare; and 'Can we solve the UK's productivity puzzle?' - exploring the possible reasons why the UK continues to have low productivity rates when compared to major trading partners.

The girls were also fortunate enough to receive some valuable advice on future careers in finance and the possible entry routes into the profession. Overall, the day was a great success and hugely enjoyed by some of our budding young economists!

Mr P Ratinckx, Head of Economics