On September 7, 2009
Where are Tomorrow’s Economists?
Nigel Lawson, when he was chancellor of the exchequer, complained about “teenage scribblers” – the City yuppies who commented on the economy. Where are tomorrow’s teenage scribblers? You might think the last thing Britain needs is more economists, but a study of the summer’s exam results shows we need far more. Students took 5.5m GCSEs but only 2,077 boys sat the economics exam and just 824 girls. Some 97 per cent of them passed, but that is not enough to fill the annual intake of jobs for economists in industry or government, nevermind academia. And not all the candidates will choose economics as their career. The scholars sitting these exams would also be studying biology or art or chemistry and…
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