"The term 'economic theory' fills a lot of people with dread. They tend to picture a giant blackboard covered in impenetrable equations. In truth, 'economic theory' is about far more than algebra, calculus and high-end number-crunching - particularly now that the ideas underpinning game theory and experimental economics have opened up whole new avenues of learning and research.
These concepts can be applied to all kinds of real-world scenarios - voting patterns on committees, the fine print in terms and conditions, strategic positioning in trading arrangements, even corruption and power in democracies. It's a much broader church than you might imagine - and a fascinating and informative one."
Daniel's staff page
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