Skip to content
This website uses cookies to help us understand the way visitors use our website. We can't identify you with them and we don't share the data with anyone else. Find out more in our privacy policy.

The module examines the role and actions of the Treasury and its Chancellors since the Second World War up to the present day, through the context of the British economy. It is led by Dr Jon Davis and co-taught weekly by former Shadow Chancellor and Chief Economic Adviser to the Treasury Ed Balls and former Permanent Secretary to the Treasury Lord Macpherson. A wider teaching panel includes two serving senior Treasury officials, Clare Lombardelli and Mario Pisani; Senior Economics Commentator for The Observer William Keegan; and Catherine MacLeod, former special adviser to Chancellor Alistair Darling. Prominent guest speakers further increase the stellar teaching panel – in previous years these have included former Prime Minister and Chancellor Gordon Brown, Chancellors Ken Clarke, Sajid Javid, Lord Darling, Lord Lamont, Lord Lawson and George Osborne, and former Chief Secretary of the Treasury Sir Danny Alexander. The class will on occasion take place in HM Treasury. No previous economics qualifications are necessary as an ‘Introduction to Economics’ will be provided by the Treasury. Students will gain unprecedented insight into the theory and practice of British economic history since the Second World War from those who have dealt with it first-hand.

The three highest scoring essays on this module will be read by the Permanent Secretary of HM Treasury who will then award the ‘Permanent Secretary’s prize’. The next seven highest scoring essays will be considered if the Permanent Secretary’s interest is piqued by the titles. The winner will be invited to discuss the essay with the Permanent Secretary in HM Treasury.

The module is part of the MA in Politics and Contemporary History.