Tag Archives: economics of education

A Guide to Privatisation – Best Practices and Procedures

Sector:Transaction advisory.
Client:N/A
Published:16 February, 2023

Many countries have privatised some or all of their State-Owned Enterprises in order to improve the efficiency of their economies and raise revenues for the government. Some of the privatisation experiences have been more successful than others and a wealth of knowledge on what works in a privatisation has been accumulated over the last 40 […]

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The Economic Impact of the Russell Group Universities’ R&D Activities

Sector:Education and Labour Markets.
Client:The Russell Group
Published:28 February, 2024

London Economics were commissioned to assess the economic impact of research and commercialisation activities undertaken by the 24 Russell Group universities on the UK economy. Our analysis estimates that the total economic impact of the Russell Group’s core research and commercialisation activities in 2021/22 was approximately ÂŁ37.6 billion. In terms of the components of this […]

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Cancer Research at Glasgow: The Economic Impact of the Cancer Research UK Scotland Institute and the University of Glasgow’s School of Cancer Sciences

Sector:Education and Labour Markets.
Client:University of Glasgow
Published:18 March, 2024

London Economics were commissioned to assess the economic impact of the Cancer Research UK Scotland Institute (formerly Beatson Institute) and the University of Glasgow’s School of Cancer Sciences in the United Kingdom. The total economic impact on the UK economy associated with the CRUK Scotland Institute’s and the School of Cancer Sciences’ activities in 2021-22 […]

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General Election Briefings: Examination of Higher Education Fees and Funding Across the UK – February 2024

Sector:Education and Labour Markets.
Client:Nuffield Foundation
Published:6 February, 2024

Funded by the Nuffield Foundation, London Economics are undertaking a range of in-depth analyses in relation to higher education fees and funding arrangements across the four Home Nations of the UK, ahead of the next General Election. Building on more than a decade of our research on higher education funding systems across the four Home […]

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The Funding Shortfall in Sixth Form Education – January 2024

Sector:Education and Labour Markets.
Client:Sixth Form Colleges Association
Published:26 January, 2024

Download this document London Economics were commissioned by the Sixth Form Colleges Association to analyse the funding shortfall in sixth form (16-19) education in Sixth Form Colleges, focusing on projected funding needs per learner for the 2025-26 academic year. The key findings are as follows.     Compared to current 16-19 funding in 2023-24, by […]

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The Benefits and Costs of International Arts and Design Students to the UK Economy – September 2023

Sector:Education and Labour Markets.
Client:University of the Arts London
Published:12 September, 2023

Given the significance of international students as a source of export revenues and following our recent previous study of the benefits and costs to the UK economy associated with all international students (across all subjects (here)), we were commissioned by the University of the Arts London to estimate the benefits and costs to the UK economy […]

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The Economic Impact of the University of Edinburgh – June 2023

Sector:Education and Labour Markets.
Client:The University of Edinburgh
Published:22 June, 2023

The total economic impact on the UK economy associated with the University of Edinburgh’s activities in 2021-22 was estimated at approximately ÂŁ7.522 billion. In terms of the components of this impact, the value of the University’s research and knowledge exchange activities stood at ÂŁ3.180 billion (42% of total), while the impact associated with the University’s […]

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Alternative Options for Higher Education Fees and Funding for England – May 2023

Sector:Education and Labour Markets.
Client:N/A
Published:3 May, 2023

Following the Augar Review of post-18 education, the Department for Education put forward a set of proposals to reduce the costs of higher education fees and funding in England that included…

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The Benefits and Costs of International Higher Education Students to the UK Economy: Analysis for the 2021-22 Cohort – May 2023

Sector:Education and Labour Markets.
Client:Higher Education Policy Institute, Universities UK International, and Kaplan International Pathways
Published:16 May, 2023

Download the Summary Report Download the Full Report   With 679,970 international students studying at higher education institutions across the United Kingdom – equivalent to 24% of all higher education students in 2021/22 – international students contribute significantly to our economic and social prosperity, both in the short term during their studies as well as […]

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Analysing Loan Forgiveness for Nurses – April 2023

Sector:Education and Labour Markets.
Client:Royal College of Nursing
Published:11 April, 2023

London Economics were commissioned by the Royal College of Nursing to assess the economic costs associated with introducing loan forgiveness for nurses after the Department for Education’s recent proposals following the Augar review of post-18 education. Under the Department’s response to Augar, the reduction in the repayment threshold (and slower uprating) and the extension of […]

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The Economic Impact of the University of Cambridge – March 2023

Sector:Education and Labour Markets.
Client:University of Cambridge
Published:20 March, 2023

London Economics was commissioned to assess the economic impact of the University of Cambridge in the United Kingdom, focusing on the 2020-21 academic year. The analysis identified that the total economic impact on the UK economy associated with the University of Cambridge’s activities in 2020-21 was estimated at approximately ÂŁ29.8 billion. Compared to the University […]

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Skills and UK Productivity: Estimating the Contribution of Educational Attainment to Productivity Growth

Sector:Education and Labour Markets.
Client:Department for Education
Published:23 February, 2023

London Economics were commissioned by the Department for Education to investigate the contribution of educational attainment to UK productivity growth. Growth in UK labour productivity has slowed in recent years. We analyse this productivity puzzle by estimating the impact of changes in educational attainment on UK labour productivity (Gross Value Added (GVA) per hour worked) […]

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The Economic and Social Impact of Queen’s University Belfast

Sector:Education and Labour Markets.
Client:Queen’s University Belfast
Published:14 December, 2022

London Economics were commissioned by Queen’s University Belfast to analyse the economic and social impact associated with the University’s activities in the 2020-21 academic year. Rather than just considering the traditional direct, indirect and induced impacts associated with Queen’s University Belfast’s physical footprint, this analysis also incorporates the economic impact associated with Queen’s University Belfast’s […]

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Education and Skills Impact Measurement: The Return on Investment Associated with Post-compulsory Education and Training in Scotland – December 2022

Sector:Education and Labour Markets.
Client:Scottish Government Enterprise and Skills Strategic Board
Published:2 December, 2022

Education, training, and skills acquisition – often referred to as human capital accumulation – are one of the most influential determinants of any country’s long term economic growth, and are associated with improved economic prosperity, living standards, and wellbeing. In general, the economic benefits of human capital acquisition are shared across all sectors of the […]

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The Economic Impact of Scotland’s University Research Activity – December 2022

Sector:Education and Labour Markets.
Client:Universities Scotland
Published:6 December, 2022

London Economics were commissioned by Universities Scotland to analyse the economic contribution associated with the research activity delivered by higher education institutions in Scotland on the UK economy. In undertaking the estimation of the economic impact associated with the research activity delivered by Scottish higher education institutions, we estimate both the direct effects of this […]

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Higher Education Fees and Funding: Assessing Potential Alternatives to the Department for Education’s Response to the Augar Review

Sector:Education and Labour Markets.
Client:University of the Arts London
Published:13 December, 2022

London Economics were commissioned by the University of the Arts London (UAL) to analyse a number of options for reforming the English higher education funding system, as potential alternatives to the proposed changes that were announced by the Department for Education (DfE) in response to the Augar Review. To improve the fiscal sustainability of the […]

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The Economic and Social Impact of University College Birmingham – November 2022

Sector:Education and Labour Markets.
Client:University College Birmingham
Published:28 November, 2022

London Economics were commissioned by University College Birmingham to analyse the economic and social impact associated with University College Birmingham’s activities in the 2020-21 academic year. Rather than just considering the traditional direct, indirect and induced impacts associated with University College Birmingham’s physical footprint, this analysis also incorporates the economic impact associated with University College […]

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LE Europe HE Fees and Funding Options in Ireland

Sector:Public Policy.
Client:EC DG REFORM
Published:4 May, 2022

London Economics’ sister company, LE Europe, as part of the AARC Consortium (incorporating AARC, LE Europe and Indecon) were commissioned by the European Commission’s Directorate-General for Structural Reform Support (DG REFORM) to provide an analysis of the sustainability of higher education (HE) and further education and training (FET) in Ireland. The project’s general objective was […]

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