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More to economics than money, money, money!

by YPU Admin on March 8, 2019, Comments. Tags: Economics, Humanities, Institute for Fiscal Studies, macroeconomics, and migration


My name is Josefina Fabiani and I am a second year PhD student in Economics. I come from Argentina, South America, which may sound more familiar to those not that much into geography if I refer to it as the land of beef – specially asados – tango, Patagonia, football and of course Messi and Kun Agüero (not to get into politics and economics!). During my undergrad there I did a semester abroad in Austria, which completely influenced my future decisions. That experience opened my mind and made me realise I wanted to pursue further studies abroad. The UK wasn’t a tough decision for me since the quality of its higher education institutions is well known and I’ve always been very keen on the English language, the country’s history and culture (and its music!).

So here I am, starting my PhD in Economics in Manchester, where I will analyse the relationship between migration and different types of capital flows between countries.

In Depth…

The first year of the PhD was the MSc Economics, where we covered the main areas of the subject and received training on the techniques I will apply now on the research. In this second year, we continue with the coursework but now focused on our research area and at an advanced level. For example, my area is Macroeconomics, where we look at the economy as a whole with information on different measures such as GDP, inflation and unemployment.

A phenomenon that has always interested me was the migration of people from one country to another, maybe because I come from a country with a very large population of immigrants. Early on my undergrad studies I started digging into the topic.

Throughout history, migrations have taken place at different levels, for different reasons: regional migrations, overseas migrations, forced (by political persecution or natural disasters) or voluntary, expecting an economic or life improvement. In the era of globalization and communication, transportation costs have remarkably dropped, which fostered not only the flow of goods and knowledge across countries but also of people. However, whereas there is an apparent consensus to enhance international trade and capital flows, the economic consequences of immigration are at the centre of political debate. Migration policy has been characterized by protection of the domestic labour market and there has been an increasing negative popular perception of immigration. A better understanding of the dynamics of migration and its macroeconomic implications are key for policy design.

Going Further…

If you are curious to know a little bit more about what economists really do, then you are invited to take part on the activities organised at the Economics Department for school students. Some of them are:

Manchester Talk – IFS
"Is it fair to charge £9,250 for university tuition fees?"
13 March 2019, 4-6pm, Uni Place Theatre A

How much will you really pay for university? Does that depend on where and what you study? Are there any alternative ways to fund higher education? And how would these affect what the education system should be trying to achieve?

This IFS Public Talk, jointly organised with the University of Manchester, will be given by Jack Britton, Senior Research Economist at the Institute for Fiscal Studies (IFS) and will give an economist's perspective on the ongoing tuition fee debate. Nicholas Barr, Professor of Public Economics, from the London School of Economics and Political Science (LSE) will also be our Chair and on hand to put your questions to Jack.

Get an insight on Higher Education resources from the IFS here.

Details and free tickets can be booked here:

There is a pre-session aimed at Year 12/13 students that fulfil the Widening Participation criteria

(criteria: ). Please email for more information and registration.

Discover Economics Day
9 July 2019, 9.30am-3.30pm, Simon 1.34

The Discover Economics Day is a free event for Year 12 students to discover more about what economics is really about.

The day will consist of a series of interactive, educational sessions to help you find out what economists do as you start to learn the tools that they use to ask real world questions. You will discover how economics provides a clear way of thinking on how people make choices.

You will meet University staff and students dealing with the current issues in economics and will find out more about the economics courses here at Manchester and the career opportunities available for Economics graduates.

Join us and discover how studying economics will give you the toolkit to investigate the questions that you are passionate about!

Please email us at for further info and registrations.

Relevant links:

Blogs: (also radio!)

YouTube Channels and Videos:

  Jacob Clifford

  One Minute Economics

  Ted Ed

You can find more of Economics at UoM here

and keep updated with the activities organized via twitter