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Economics: Behind The Doors at The Bank of England – Understanding Policy Options, Decision Making Process & Impact With Dr James Watson From University of East Anglia
February 26 @ 13:30 - 14:15
In this Economics session, Dr James Watson, Associate Professor in Financial Economics in the School of Economics at UEA, will run an interactive talk for students on Behind the Doors at The Bank of England – Understanding Policy Options, Decision Making Process & Impact.
A key part of UK economic policy centres around if and when the Bank of England will change the policy interest rate – the so-called Bank Rate. In this session we will discuss key questions including: what the Bank Rate is (not just the ‘number’, but also what that number means(!)); how changing it affects the economy; what motivates the Bank of England to make changes; and how the Bank of England decides when to make a change?
We’ll also say a bit about the Bank of England’s role around ensuring financial stability, as well as touching on the link between what the Bank of England does and the UK government’s national debt.
The overview provided by this session will give participants a useful insight to UK monetary policy, which will prove informative as an uncertain year (both domestically and globally) proceeds.
Lecturer Profile: Dr James Watson
Our events are designed so that a group of students can take part from a classroom or students and teachers can take part as individuals, either from school or from home. There is no charge to take part.
As a live, participative event, this session will not be recorded but slides and other resources will be shared after the event, where available.
Suitable for: Aged 16+ pre-university students studying, or with a possible interest in studying, Economics and related disciplines. Student groups as well as students and teachers joining individually are very welcome.
Preparation/Pre-Reading: Students may wish to consider the topic in advance and questions they have. Students can also think about questions about studying at university level.
The IT Setup: The event will be run on Zoom and participants will be able to join using laptops, tablets, and mobile devices. If you are joining as a school group, we recommend connecting with one device and projecting on to a whiteboard. You will be able to interact with the speaker via typed comments and questions and/or via a microphone. Full details will be sent to those who have registered (see below) prior to the event.
Booking a Place: This is free for schools and colleges. If you would like to take part in this event, please register your interest using the link to the registration form below: