Economics

Economics at NUI Galway provides a flourishing and diverse academic environment which integrates teaching and research, theory and empirical applications, in a policy-oriented and interdisciplinary way. There are approximately 1,800 undergraduate students of economics across several colleges, but mainly in the College of Business, Public Policy, and Law and in the College of Arts, Celtic Studies, and Social Sciences.


"The Big Rethink for Europe"

Wednesday, 16 July 2014

Professor Alan Ahearne, Head of Economics, recently spoke at The Economist’s 18th Roundtable with the Government of Greece, “The Big Rethink for Europe,” in Athens. Prof. Ahearne shared a panel with Enrico Letta, Former Prime Minister of Italy, and Daniel Franklin, Executive Editor, The Economist (pictured). The discussion centred on the need for EU leaders to implement their strategy for closer economic and political integration in order to restore confidence and stability.  

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Project to value Atlantic marine economy commended

Project to value Atlantic marine economy commended-image

Monday, 23 June 2014

Portugal's Secretary of State for the Sea has commended NUI Galway and the BMW Regional Assembly for their efforts in leading the EU INTERREG ‘Marnet’ project. Marnet (Marine Atlantic Regions Network) is a transnational co-operation project which brings together Marine Research Institutes and Regional Authorities across Atlantic regions to map the value of the marine economy to coastal regions in Spain, Portugal, France, Ireland and the UK.  Delivering his keynote address at the Marnet conference at the Forum Do Mar International Marine event in Oporto this week, Mr. Manuel Pinto de Abreu welcomed the development of a Marnet Atlas of Marine Indicators which will allow local and  regional authorities, Higher Education Institutes and marine industry players compare the value of marine activities to the local economies of Atlantic Regions. Launching the Marnet Atlas of Indicators, the Minister congratulated the project partners for their efforts over the past two years in creating this interactive tool which will help measure economic activities such as maritime shipping, seafood processing and marine tourism across the Atlantic economy. Dr Stephen Hynes, Head of the Socio Economic Marine Research Unit at NUI Galway stated that ‘Marnet is a unique attempt to value the Atlantic Marine economy at an EU level. National reports have measured the impact of the Marine Economy at country level. However Marnet, will, for the first time, make available marine socio economic data at an EU Atlantic level which will help the key stakeholders in the Marine sector make informed decisions about future investments in the sector’  BMW Regional Assembly Director, Gerry Finn added that:  ‘ At an EU level, the European Commission has published the Atlantic Maritime Strategy Action Plan which sets out four key priorities for investment in the Marine sector across Atlantic regions of the EU. Marnet will provide the measurement framework to gauge the progress of these priorities and help maximise the benefit to coastal areas of European Regional Funds.’  The Socio Economic Marine Research Unit (SEMRU) is the scientific leader for the project and has played an active part in the development of the indicator framework. The BMW Regional Assembly is the Lead Partner/ Co-ordinator for the Marnet project.    Further Information, please contact:  Mr. Gerry Finn, Director, BMW Regional Assembly. Phone: 094-9862970 Dr. Stephen Hynes, SEMRU, NUI Galway. Phone: 091-493105  The Socio Economic Marine Research Unit (SEMRU) is the scientific leader for the project and has played an active part in the development of the indicator framework. The BMW Regional Assembly is the Lead Partner/ Co-ordinator for the Marnet project.    Find out more: Marnet Socio Economic Marine Ressearch Unit (SEMRU) at NUI Galway  

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New report by Prof Alan Ahearne on restructuring hotel debt

New report by Prof Alan Ahearne on restructuring hotel debt-image

Tuesday, 17 June 2014

Ireland’s hotel sector continues to face challenges arising from unsustainable levels of overhanging debt according to a new report by Professor Alan Ahearne, of Economics at NUI Galway Speaking at a major investment conference hosted recently by the Irish Hotels Federation (IHF), Prof Ahearne said that, despite substantial progress being made over the last two years, indebtedness remains a pressing issue for many hotels outside large urban areas such as Dublin. With total hotel debt estimated at €5.3bn (down from €6.7bn at the end of 2011), Prof Ahearne’s report reveals that a further reduction of €1.4 billion is required to bring hotel debt to a sustainable level. This would return hotels to a financial position where they could operate on a long-term sustainable basis and commit to investment in ongoing maintenance, refurbishment, renovation and innovation - and thereby grow employment. Prof Ahearne’s states that part of the solution should involve making funds in the recently announced Ireland Strategic Investment Fund available for investment in hotels that are viable but undercapitalised. Download the report (via the Irish Hotels Federation)

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Award for health awareness app

Award for health awareness app-image

Friday, 6 June 2014

A team which included NUI Galway health economist Dr. Aoife Callan, recently won the ‘Best Project in General Practice’ category in the 2014 Crystal Clear MSD Health Literacy Awards 2014. The "SIMPLe" Team designed and developed an iPad App called 'Bug Run School Days' for GP surgeries to create awareness about the issue of antibiotic resistance. Prof Eamon O’ Shea (Economics) and Dr. Christine Domegan (Marketing) were also part of the wider advisory group on the SIMPle project which informed the development of Bug Run School days. Read more: Press release Bug Run School Days The link to the game can be found here        

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Health Economics and Policy Analysis Research Bulletin Series Launched

Health Economics and Policy Analysis Research Bulletin Series Launched-image

Thursday, 22 May 2014

The Health Economics and Policy Analysis (HEPA) Research Bulletin Series has officially been launched at NUI Galway. The series seeks to present the group's academic output accessiblly to a wider audience.  The series begins with five bulletins which are available to download from the HEPA site, with more bulletins to follow in the coming weeks. Find out more: HEPA Research Bulletin Series

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Economics of cancer research group webinar

Economics of cancer research group webinar-image

Wednesday, 14 May 2014

The Economics of Cancer Research Group at NUI Galway will be broadcasting a free online Webinar today (Wednesday 14th May 2013) at 3.00pm in the SAC Meeting RoomDr Otis Brawley, Chief Medical Officer of the American Cancer Society, Professor of Hematology, Oncology, Medicine and Epidemiology at Emery University, and medical consultant for CNN, will speak on a number of topics related to cancer research including the economic burden of cancer in the US, disparities in health and the future of cancer research. Dr Brawley has published over 100 academic papers and is the author of the highly acclaimed book, "How we do harm: A doctor breaks ranks about being sick in America".  Find out more: Economics of Cancer Research Group 2014-05-Otis W. Brawley Paper

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Prof Ciaran O'Neill appointed to New Zealand National Science Challenge panels

Prof Ciaran O'Neill appointed to New Zealand National Science Challenge panels-image

Thursday, 8 May 2014

Professor Ciaran O'Neill of Economics at NUI Galway has been appointed to two independent assessment panels for the New Zealand National Science Challenges. These have been established to assist the New Zealand government take a more strategic approach to public investment in research by inviting research proposals in a range of themed areas that are then evaluated by independent  panels of international experts. The funds comprise $73.5 million over four years.      More:   New Zealand National Science Challenge Ministry of Business Innovation & Employment New Zealand

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Events (seminars, conferences etc.)

Head of Economics

Prof Alan Ahearne

Contact Economics

t:+353 91 492501/492177

e: economics@nuigalway.ie