|Sector:||Education and Labour Markets | Higher education|
|Client:||The Russell Group|
|Published:||02 November, 2017|
|Tagged:||2017 economics of education education EU impact assessment labour market economics quantitative analysis England UK Wales|
London Economics were commissioned by the Russell Group to undertake an analysis of the economic contribution of their 24 members universities to the UK economy in 2015-16. The analysis estimated the impact associated with Teaching and Learning activity (here), world-class research (here), educational exports (here) and the direct, indirect and induced impact associated with the universities’ physical and digital footprint (here). The analysis estimated that the total impact of the 24 Russell Group universities stood at £86.8 billion in 2015-16 (here). Read the full report through the link above.