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Economics 19-25

A summer course for young adults, residential in a college of the University of Oxford.  Apply

At a Glance

  • University of Oxford campus
  • 130715_ORAicons_36_seminarstyle_workshops Expert guidance from ORA teachers
  • 130715_ORAicons_3_coach_excursions 2 cultural excursions included
  • 130715_ORAicons_4_formal_graduation Formal graduation ceremony
  • 130715_ORAicons_5_recieve_report_cards_and_certificates Report cards and a certificate
  • Develop key skills for the future

Overview

This two-week programme will introduce students to the fundamentals of microeconomics, macroeconomics, and related fields of study including econometrics, banking and financial management. On the Oxford Royale Academy Economics course, you’ll have the chance to learn about the economics that underpin our daily lives, what causes financial crises, and different schools of thought among economists about how we can make our society a more economically stable and prosperous one to live in. Economics affects so much of our lives yet so many of us find it mysterious, so in this two-week course you can lift the lid on some of the principles, debates and uncertainties that the study of Economics holds.

Academic Content

What happens if you increase taxes for the rich? Will a higher minimum wage help to lift people out of poverty, or just increase unemployment? What does having a weak currency mean for a country, practically? Why are Freddos so much more expensive than they used to be? In this Economics course, you’ll learn the answers different experts have to each of these questions, and come to understand why the different theories that underpin their answers might lead them to disagree.

You’ll look at the impact of individual decisions on economic systems (microeconomics), economics over a larger, especially national scale (macroeconomics) and other areas such as statistics in economics, and the history of economic thought. Students are encouraged to present their own opinions for discussion, whether you’d like to make a rousing defence of Marxism or speak in praise of neoliberalism. Discussion and debate are vital components of this course, where you will be equipped with the grounding of knowledge and theory to defend your opinions cogently. Presenting your views in a manner that is polite and respectful of others is a skill that you will also have the opportunity to hone.

Real-world examples are central to the approach taken on this course; in particular, you’ll look at the 2008 financial crisis, see its roots in history and understand firstly what might have prevented it, and secondly the actions taken by governments and businesses around the world in order to mitigate its effects. You’ll debate whether their actions were effective, and discuss what might have been done better, given the benefit of hindsight.

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Why take this course?

Economics affects our lives in countless ways. If you’re interested in politics, public policy, the Law, international development or any related subject, a thorough understanding of Economics is vital. For current undergraduates studying any of the subjects above, this course is highly recommended to enhance your understanding of your own subject, and to provide you with an insight into what Economics has to offer should you choose to branch into it for your postgraduate degree.

However, many students considering taking our Economics course are studying courses that are not immediately related, from English Literature to Physics. Taking Oxford Royale Academy’s two-week Economics course can be a refreshing change if you’re studying an unrelated subject. Aside from anything else, it’ll help you understand the headlines in The Financial Times.

If you’re not a current undergraduate, but instead taking a Gap Year or a recent graduate, you may find that this Economics course is of value to you, helping you understand the business decisions taken by your employer, or possibly illuminating a future career path or further study. The diverse range of students on any Oxford Royale Academy course, from all around the world, help to illuminate the study of Economics from a global perspective, which is increasingly valuable in the modern world.

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Our Students

Every summer, ORA welcomes hundreds of the world’s brightest, most academically gifted students to our Oxford courses. Our campuses always feature a diverse mix of nationalities and genders. Students will have extensive opportunities to make connections and friends who will last into later professional life.

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Timetable for students aged 19 to 25

Roll over the items in the timetable for more details!
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Roll over the items in the timetable for more details!
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SundayMondayTuesdayWednesdayThursdayFridaySaturday
Breakfast

Breakfast

08:00 - 08:30
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  • Get ready for the day ahead with breakfast in college
  • Breakfast is included for all ORA students
Walk to classes

Walk to classes

08:30 - 09:00
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  • Some teaching rooms are located on campus, others are elsewhere in Oxford
Cultural excursion

Cultural excursion

09:00 - 18:00
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  • Visit places of cultural and historical interest in the UK
  • Possible excursions include the city of Bath, Windsor Castle, Hampton Court, Woburn Abbey and other sites of interest
Morning Classes

Morning Classes

09:00 - 10:30
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  • Students pursue their chosen study option
  • Guidance from expert teachers
Coffee Break

Coffee Break

10:30 - 11:00
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  • Enjoy refreshments and chat with fellow students
Morning Classes

Morning Classes

11:00 - 12:30
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  • Students pursue their chosen study option
  • Guidance from expert teachers
Arrival at your college

Arrival at your college

12:00 - 16:30
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  • Student photographs
  • Collection of arrival pack and timetable
  • Move in to your room and unpack
  • Meet students and staff
  • Tea and coffee
Lunch

Lunch

12:30 - 13:45
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  • Grab a bite to eat from one of the many cafes in Oxford
  • Soak up the city’s cultural heritage
Cultural Activities

Cultural activities

13:45 - 15:30
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  • Visit a museum, follow a walking tour, or try your hand at punting
  • ORA-led excursions available
Conversation Café

Conversation Café

13:45 - 18:00
Masterclass
  • A range of weekly talks
  • Debate current issues with fellow students and experts in the field
Free time

Free time

13:45 - 15:30
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  • Catch up on work or do some extra course reading
  • Network with students and staff
Afternoon options: Tours of Christ Church, punting, real Tennis

Afternoon options

13:45 - 18:00
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  • Other possible options:
  • Walking tours
  • Visiting Modern Art Oxford
  • Visiting Oxford Castle
  • Exploring the Botanic Garden
Cultural Activities

Cultural activities

13:45 - 15:30
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  • Visit a museum, follow a walking tour, or try your hand at punting
  • ORA-led excursions available
Welcome reception

Welcome reception

17:00 - 18:00
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  • Welcome presentation by the Programme Director
  • Meet the Campus Staff and other ORA students
  • Chance for students to meet their new friends from around the world
Tours of Oxford

Tours of Oxford

16:00 - 18:00
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  • Visit many of Oxford's famous landmarks
  • Including the Bodleian Library, the Radcliffe Camera and the Sheldonian Theatre
  • Let Oxford's 'Dreaming Spires' inspire you!
Visits to the Bodleian Library and the Sheldonian Theatre

Visits to the Bodleian Library and the Sheldonian Theatre

16:00 - 18:00
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  • Visit some of Oxford's most famous sites, such as the Bodliean Library and the Sheldonian Theatre
Visit to the Ashmolean Museum

Visit to the Ashmolean Museum

16:00 - 18:00
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  • Visit some of Oxford's many museums, such as the famous Ashmolean Museum which houses art and artefacts from all over the world
Dinner

Dinner in college

18:00 - 19:30
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  • Enjoy an atmospheric evening meal in your college's dining hall
Induction talk and "Ice Breaker" activities

Induction talk and "Ice Breaker" activities

19:30 - 22:30
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  • Presentation by Programme Director to students
  • Ice breaker activities: get to know staff and students on your course
Quiz night

Quiz night

19:30 - 22:30
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  • Test out your general knowledge
  • Prizes will be given for the winners and for the best team name!
Evening options: Experience Oxford’s nightlife or enjoy a Shakespeare play in a college garden

Evening options

19:30 - 22:30
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Every evening, our team will provide a wide range of activity options to suit all interests! Trips into town and theatre in an Oxford college are often amongst the options offered.
Evening options: Film night or guest lectures and talks

Evening options

19:30 - 22:30
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Every evening, our team will provide a wide range of activity options to suit all interests! Catch the latest blockbuster or an old classic with your new friends. Or, catch up on some reading and make a start on your assignments from the first two days of classes.
Evening options: Salsa dancing workshop and cooking competition

Evening options

19:30 - 22:30
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Every evening, our team will provide a wide range of activity options to suit all interests! Learn Salsa Dancing with our expert teacher - a fun and energetic activity. Or put your culinary skills to the test against other ORA students!
Party

Party

19:30 - 22:00
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  • Dance the night away in the city of dreaming spires
  • Enjoy themed nights. James Bond, anyone?
Evening options: Late-opening exhibitions at one of Oxford’s many museums

Evening options

19:30 - 22:30
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Every evening, our team will provide a wide range of activity options to suit all interests! Previous Oxford exhibitions have included Day of The Dead at the Pitt Rivers, or Andy Warhol at Modern Art Oxford.
Free time

Evening

22:30 - 23:00
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  • Short briefing from Campus Staff
SundayMondayTuesdayWednesdayThursdayFridaySaturday
Breakfast

Breakfast

07:30 - 08:30
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  • Get ready for the day ahead with breakfast in college
  • Breakfast is included for all ORA students
Free time

Free time

08:30 - 18:00
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Enjoy a leisurely breakfast, followed by time to work on your assignments and explore Oxford.
Walk to classes

Walk to classes

08:30 - 09:00
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  • Some teaching rooms are located on campus, others are elsewhere in Oxford
Departure day

Departures

09:00 - 17:00
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  • Say goodbye to Oxford and to your college
  • Collect your reports and your certificates
Morning Lessons

Morning Lessons

09:00 - 10:30
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  • Students pursue their chosen study option
  • Guidance from expert teachers
Coffee Break

Coffee Break

10:30 - 11:00
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  • Enjoy refreshments and chat with fellow students
Morning Classes

Morning Classes

09:00 - 10:30
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  • Students pursue their chosen study option
  • Guidance from expert teachers
Lunch

Lunchtime

12:30 - 13:45
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  • Grab a bite to eat from one of the many cafes in Oxford
  • Soak up the city’s cultural heritage
Cultural Activities

cultural activities

13:45 - 15:30
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  • Visit a museum, follow a walking tour, or try your hand at punting
  • ORA-led excursions available
Conversation Café

Conversation Café

13:45 - 18:00
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  • A range of weekly talks
  • Debate current issues with fellow students and experts in the field
Free Time

Free time

13:45 - 15:30
  • Catch up on work or do some extra course reading
  • Network with students and staff
Cultural Excursion: London Musical

Cultural excursion

13:45 - 18:00
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  • Visit London - the capital of the United Kingdom and one of the most dynamic cities on the planet!
  • Finish the evening at a West End musical. Jersey Boys, Thriller: Live! and The Lion King have all featured in recent summers.
Cultural Activities

Cultural activities

13:45 - 15:30
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  • Visit a museum, follow a walking tour, or try your hand at punting
  • ORA-led excursions available
ORACLE: inspiring talks and workshops

ORACLE

16:00 - 18:00
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ORACLE is an academic event during which students can attend fascinating talks and inspiring workshops, following their own personal interests in order to expand their knowledge. Please note that ORACLE is only running during Sessions 3, 4 and 5 of the summer school. Full details are available by clicking the ORACLE option from the Students menu at the top of this page.
Visit to Oxford’s Pitt Rivers and natural history museums

Visit to the Pitt Rivers Museum

16:00 - 18:00
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Founded in 1884, The Pitt Rivers Museum houses Oxford University's archaeological and anthropological collections. Join your fellow students for a group tour arranged by the Oxford Royale Academy events team.
Visit to Oxford's Botanic Garden

Visit to Oxford's Botanic Garden

16:00 - 18:00
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Founded in 1621, the University of Oxford's Botanic Garden is one of the oldest scientific gardens in the world. More recently, it has appeared in and inspired some famous literary works, notably Lewis Carroll's 'Alice in Wonderland' and Philip Pullman's 'His Dark Materials' trilogy. Well worth a visit!
Graduation ceremony

Graduation ceremony

16:00 - 18:00
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  • Graduate from Oxford Royale Academy in a ceremony at your college
  • Listen to speeches from the Programme Director, other campus staff and fellow students
  • Family are welcome to attend
Dinner

Dinner in college

18:00 - 19:30
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  • Enjoy an atmospheric evening meal in your college’s dining hall
Dinner

Dinner in college

18:00 - 19:30
image descritpion
  • Enjoy an atmospheric evening meal in your college’s dining hall
Evening options: Guest talks or yoga in the college grounds

Evening options

19:30 - 22:30
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Every evening, our team will provide a wide range of activity options to suit all interests! Work on your assignments or relax with some yoga in the peaceful grounds of your college.
Evening options: Enjoy Oxford’s nightlife

Evening options

19:30 - 22:30
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Every evening, our team will provide a wide range of activity options to suit all interests! Take your friends and enjoy a trip to an Oxford institution, such as G&D's ice cream parlour or The Grand Café (the oldest coffee house in England).
Evening options: Careers talk or ghost tour around Oxford

Evening options

19:30 - 22:30
Every evening, our team will provide a wide range of activity options to suit all interests! Discuss options regarding your future career with ORA staff. Or, prepare to learn Oxford's dark and spooky secrets with a ghost trail from famous Oxford tour guide, Bill Spectre.
Evening options: 'A Midsummer Night's Dream' Explore Uni Parks

Evening options

19:30 - 22:30
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Every evening, our team will provide a wide range of activity options to suit all interests! Attend a Shakespeare production in the fantastic setting of an Oxford college. Or, unwind in Oxford’s peaceful University Parks.
Graduation party

Graduation party

19:30 - 22:00
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  • A chance for students to spend one last evening together
  • Previous parties have had glamorous themes
Free Time

Evening

22:30 - 23:00
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  • Short briefing from Campus Staff

Our Teaching Faculty

At Oxford Royale Academy we are committed to providing our students with the most qualified and high-calibre teaching available. All Oxford Royale Academy teachers are passionate about their subject, and are looking forward to passing their knowledge on to their students this summer! For full details of last summer’s teaching faculty, please click here

Discussion and Debate

An ORA summer school is the perfect place to challenge yourself with new perspectives on social and political ‘hot topics’, and our famed international mix ensures you are able to discuss these with fellow keen-minded students from all over the world. A rich programme of talks, lectures, and panel discussions will be scheduled across your time in Oxford, with carefully-selected guest speakers guaranteed to spark memorable discussion. You will have the opportunity to engage in a formal debate (either in the audience or as an active participant), whilst our weekly ‘Conversation Café’  provides a more informal environment. Based on the popular World Café process, these reconfigure stale expectations of academic dialogue by enabling students to enjoy a collaborative discussion with experts in their field over a plentiful supply of tea or coffee. Our guest speakers come from a wide variety of backgrounds, such as academia, the media, business, or industry.

Cultural Excursions

The United Kingdom has a rich cultural heritage, and a course with Oxford Royale Academy is the perfect way to explore this. All ORA adult courses include optional cultural excursions to places of historical and social significance in the UK.

Extra-Curricular Activities

The majority of your time in Oxford will be spent absorbed in your Economics studies, but you’ll have some free time in your schedule so that you can make the most of your time in this historic city. You can enjoy a tranquil punt down the River Thames, or explore some of Oxford’s wonderful free museums. At the end of your Economics course, you’ll be invited to celebrate your achievements at ORA’s very own ‘Grad Ball’.

Some past afternoon activities enjoyed by our students include the following:

  • Punting: travel the waterways of the River Cherwell in a flat-bottomed boat, using a five-metre-long pole to propel your vessel! This mode of transport is unique to Oxford and Cambridge.
  • Summer sports: have you ever played the traditional English game of croquet? There will be the chance to do so on the lawns of your campus! Real tennis (a variation of tennis played indoors, with a heavier ball) has also been enjoyed by our previous students.
  • College and museum tours: An ORA course is the perfect opportunity to visit some of the University of Oxford’s most famous Colleges (including New College, Magdalen College and Christ Church). You will also have the chance to visit Oxford’s Ashmolean Museum – famous for being the world’s first university museum.
  • Dance and music workshops: have you ever wanted to try Indian dance? How about Salsa dancing? Or drumming? Experts in these art forms will be dropping in to our campuses to run workshops, allowing our students to unleash their creative sides.

The events and entertainment on offer don’t stop when the sun starts to go down at our campuses! The following will be available to every student on this programme:

  • Outdoor theatre: many Oxford Colleges put on Shakespeare plays in their quads and gardens throughout the summer months.
  • Karaoke in Oxford: head to a venue in Oxford and sing along to the latest hits.
  • Themed parties at local hotels and country houses: head to a local venue and enjoy dinner and dancing with your friends from around the world; past venues include Ardington House in Oxfordshire and The Randolph Hotel in the city of Oxford.
  • Graduation: a formal graduation ceremony and ‘Grad Ball’ will be held on the last night of your course — a glamorous conclusion to your stay in Oxford!

The ORA Experience

Whether you’re new to our Oxford summer courses or keen to relive happy ORA memories as an adult, our programmes for students aged 19-25 offer the perfect study-abroad experience. Our Merton College campuse is used exclusively by our adult students at any one time, ensuring a tranquil environment in which to live and study.

The location offers a secluded haven in the city centre, and boasts its own unique history: Merton has a strong claim to be the oldest of all the University’s colleges.

Participants on our courses for those aged 19-25 enjoy a level of autonomy over their studies and non-contact time which will be familiar to those already attending an undergraduate or postgraduate course at university level. Whilst plenty of academic support and social activities are available for students at all times, they might also wish to enjoy independent exploration of the city of Oxford or conduct their own research outside the classroom.

What’s Included?

Our summer courses offer our students the complete study abroad experience. The grid below describes everything that is included with an ORA adult course:

  • Study

    • 15 taught hours per week
    • Study files and materials
    • Guest lectures from academic speakers
    • Personalised academic reports
    • Course certificate after graduation
  • Explore

    • Wide selection of afternoon and evening activities
    • 2 cultural excursions per course
    • Welcome and graduation events (+1s invited)
    • Discounts at shops around Oxford
  • Live

    • Accommodation in the University of Oxford
    • Breakfast and Dinner in the Hall
    • Free WiFi (subject to availability)
    • Daily updates on the ORA blog
    • Private Medical / Travel insurance
  • Extras

    • ORA T-shirt
    • ID badge and lanyard
    • Welcome and arrival packs
    • Year group photo
    • Course memento photos
    • ORA notebook

Student Welfare

The safety and security of our students is ORA’s top priority. All of the centres at which our courses run are safe, secure environments, which are perfect for our students. Each centre is staffed 24 hours a day, 7 days a week by a team of Porters. In addition, Oxford Royale Academy’s comprehensively trained team of campus staff are always on hand. If you join us this summer, you will see the following members of staff on your campus:

Each ORA campus has a Programme Director (PD), who is responsible for the day-to-day running of the summer school at their College. PDs are residential in the College for the duration of the programme, so they are always close by should they be needed. Programme Directors typically have years of experience in education and the management of student welfare.
The Programme Director is assisted by a team of academic support staff, many or whom are current or former members of the University of Oxford and other top universities in the UK; they are always happy to discuss future careers or postgraduate admissions with our adult students.
ORA has a team of private nurses, who host drop-in sessions at all of our campuses on a rota basis. If a student feels unwell, they can either see one of the Nurses, or go straight to our recommended private GP Surgery (Doctor). ORA courses include Private Medical cover should the need arise.

Some classes on the Economics course will take place in College; others are held at nearby venues in the city.

Practical Information

  • Flights

    Most students who come to ORA will have to book a flight to the UK. ORA courses do not include flights. Information on the best time to arrive will be on your course confirmation email and in your Welcome Pack.

  • Welcome Reception and Graduation

    Family and friends are welcome to attend these events at the start and end of their student’s course. For more information, please contact our Registrations Department on admin@oxford-royale.co.uk.

  • Medical and Dietary Information

    All students who enrol are required to complete our Medical and Dietary Information form. A link will be emailed to all students once their enrolment is confirmed.

Eligibility and Pre-requisites

Students on the Economics programme:

  • Must conform to our Age Policy.
  • Must be fluent or near-fluent English language speakers – if you are unsure whether your English level is suitable for this programme, please contact our Registrations Team on admin@oxford-royale.co.uk and they will be able to assist you.
  • Must be able to fulfil the basic requirements of the programme, in terms of attendance at lessons, meals and events. Please contact our Registrations Team for more detailed information.

Dates, Fees and Locations

Course LengthCourse DatesCourse FeesLocation
2 weeks2 Jul – 15 Jul4,295 GBPMerton College
16 Jul – 29 Jul4,295 GBPTo Be Confirmed
30 Jul – 12 Aug4,295 GBPTo Be Confirmed

How to Apply

If you are ready to apply now, the quickest and easiest way to secure your place on the Economics programme for 2017 is online. You will need full details of the student and, if different, the customer responsible for paying the fees, as well as a valid credit or debit card to submit the deposit payment of GBP 795.00 (we regret that we are not able to accept American Express as a form of payment).
To get started, please click the link below – you will be asked to choose the date that you would like to study the course.

If you prefer, you can complete our paper application form, which is available for download by clicking here. You can then return this to our offices by one of the following methods:

For enrolments via the paper application form, we are able to accept the GBP 795.00 course deposit by credit or debit card, bank transfer or cheque. Please see the form for full details.

Further Information and Documents

If you would like to consult with one of our Registrations Team members before making a booking, we would be delighted to hear from you.
admin@oxford-royale.co.uk +44 (0) 845 130 60 21
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