Society Of Professional Economists
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The Society of Professional Economists is a British network of professional
economists An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...
. Its members are drawn from all areas of the discipline including financial and professional services, business, journalism, government, consultancy, business schools and universities. Membership is open to anyone who has a degree with substantial economic content and/or works in an area of economic endeavour or investigation. The Society of Professional Economists organises networking events, professional development and education as well as a high-profile conferences and an annual dinner. It provides a monthly newsletter with updates on these events, links to events organised by other professional bodies, new members and economic news. The Society also reviews books and provides a forum for members to advertise job opportunities and their own events. The Society exists to help all those who use economics in their professional work. Its activities aim to demonstrate the use of economic analysis as a tool to support business decision-making and to enhance the standing of the professional economist working outside academia. It provides a forum for its members to discuss and debate economic issues and helps them keep in touch with practical and theoretical developments within the discipline. The Society particularly welcomes younger members to engage through its social networks on Facebook and LinkedIn and has membership packages aimed specifically at those who are embarking on a career in the profession. The Society also offers affiliate membership to individuals who are interested in economics but not practicing.


Activities


Monthly meetings

Monthly meetings are the core of the SPE's activities, and typically run from September to July at lunchtime or in the evening. Distinguished speakers from the UK and abroad and from both the private and public sectors address a wide range of topical issues with time for questions and discussion. Evening meetings are followed by drinks and the opportunity to network with other SPE members from a wide range of organisations. Post-fiscal event briefings are held with HM Treasury following Budgets and Autumn Statements. They offer SPE members the opportunity to discuss the macroeconomic aspects of what has been announced, and UK fiscal policy more generally.


Annual conferences

Recent annual conferences have featured
Ben Broadbent Benjamin Robert Hamond Broadbent (born 1 February 1965) is a British economist and has been Deputy Governor for Monetary Policy at the Bank of England since 1 July 2014. He had previously been an external member of the Bank of England's Monetary ...
, Sir Charles Bean, Robert Chote,
Gavyn Davies Gavyn Davies, (born 27 November 1950) is a former Goldman Sachs partner who was the chairman of the BBC from 2001 until 2004. On 28 January 2004 he announced that he was resigning his BBC post following the publication of the Hutton Inquiry r ...
, Dame DeAnne Julius, Professor Diane Coyle, Evan Davies,
Stephanie Flanders Stephanie Hope Flanders (born 5 August 1968) is a British economist and journalist, currently the head of Economics and Politics at Bloomberg News. She was previously chief market strategist for Britain and Europe for J.P. Morgan Asset Manageme ...
, Professor Philip Lane and Sir Dave Ramsden.


Annual dinners

SPE annual dinners attract high-profile national and international guest speakers. Past speakers have included Dr Mark Carney, Sir John Vickers, Sir Gus O’Donnell, Sir Howard Davies, Jean-Claude Trichet, Mario Draghi, William C Dudley, Prof Axel Weber, Christian Noyer and Dr James Bullard. The guest speaker for 2019 was
George Osborne George Gideon Oliver Osborne (born 23 May 1971) is a British retired politician and newspaper editor who served as Chancellor of the Exchequer from 2010 to 2016 and as First Secretary of State from 2015 to 2016 in the Cameron government. A ...
.


Masterclasses

Masterclasses on current issues and new developments contribute to continuing professional development. Members use these events to refresh or update their knowledge, and provide further opportunities to get to know other members and build networks.


Professional development

The SPE runs a Continuous Professional Development Programme and a series of masterclasses presented by leading lights in their field.


Recruitment

The SPE has an active jobs board. A large number of employers and recruiters advertise job opportunities for economists through the Society.


The Rybzcynski prize

This prize is awarded annually by the Society to the author of the year's best piece of writing on an issue of importance to professional economists.


Publications

The Society produces a monthly newsletter, book reviews, a regular salary survey and reports and webcasts from its events.


History

The Society of Professional Economists was initially established as The Business Economists Group in 1953. When Sir Campbell Fraser of the Economist Intelligence Unit, with the aid of three of his own colleagues as well as John Dixon of Dunlop and Clive Dalton of Esso, set up a meeting with a view to establishing a small group of economists working in business. eference: Donald Anderson challenge of change The group wanted to discuss professional challenges in responding to the UK's relatively poor post-war economic recovery eference: Donald Anderson challenge of change The first Business Economists Group meeting took place in 1953, in the St Ermin's Hotel in Westminster, London. The attendance list shows there were thirty-three attendees: thirteen from industry, seven from consultancies and market research organisations, three from financial sectors, and one from the National Institute for Economic and Social Research. The remaining six were from government organisations. The aim of this first meeting was to: * Discuss the divergence between the real world challenges and economic theory. * Keep up-to-date with developments in economic theory. * Exchange views and analyse government policies, trends and current affairs. * Develop a ‘group’ that could facilitate the exchange of ideas and experiences and so mitigate professional isolation. * Provide professional standards for business economists and promote the interests of the ‘groups’ members. * The Society's aims today remain largely unchanged but reflect the reality of economics as it is now practiced professionally and the needs of economists to network and engage in lively debate across many platforms in order to keep on top of the rapid developments in the subject area.


Membership

The Society of Professional Economists is a membership organisation. Its members are drawn from all areas of economics, including financial and professional services, business, journalism, government, consultancy, business schools and universities. Membership is open to anyone who has a degree with substantial economic content and/or works in an area of economic endeavour or investigation. It has four types of members: Full members, student or early career members, affiliate members and corporate members. Notable members include: *
Vicky Pryce Vasiliki "Vicky" Pryce (' Kourmouzi (); born 15 July 1952) is a Greek-born British economist and a former Joint Head of the United Kingdom's Government Economic Service. She is the Chief Economic Adviser at the Centre for Economics and Busine ...
*
DeAnne Julius Dame DeAnne Shirley Julius, (born April 14, 1949) is a Distinguished Fellow at Chatham House. An American–British economist, Julius is noted as a founder member of the Monetary Policy Committee of the Bank of England. She began her active c ...
* Lord Burns *
Richard O'Brien Richard O'Brien (born Richard Timothy Smith; 25 March 1942) is a British-New Zealand actor, writer, musician, and television presenter. He wrote the musical stage show ''The Rocky Horror Show'' in 1973, which has since remained in continuous p ...
*
Bridget Rosewell Bridget Clare Rosewell (''née'' Mills, born 18 September 1951), is a British economist, specialising in transport, infrastructure and related policy analysis. Early life and education The daughter of Geoffrey Noel Mills and Helen Handescomb ...
*
Diane Coyle Dame Diane Coyle (born 12 February 1961) is a British economist. Since March 2018, she has been the Bennett Professor of Public Policy at the University of Cambridge, co-directing the Bennett Institute. Coyle's early career as an economist wa ...
Past members include: * David Walton


Governance

The SPE is governed by a council of 12 elected members, with all full members and fellows eligible for election.


Presidents and Vice Presidents

The Chairman, President and Vice Presidents are elected by council members. The current President is Sir Dave Ramsden CBE. Vice Presidents are Sir Charlie Bean, Dame Kate Barker and
Sir John Vickers Sir John Stuart Vickers (born 7 July 1958) is a British economist and the Warden of All Souls College, Oxford. Education Vickers studied at Eastbourne Grammar School and Oriel College, Oxford. He graduated with a DPhil from the University of ...
. The current Chairman is Kevin Daly.


Current Council members

Kevin Daly (Chair), Dame Kate Barker, James Lambert (Treasurer), Catherine Connolly, Sandra Curtis (Honorary Secretary), George Buckley, Ian Harwood, Sunil Krishnan, Adrian Majumdar, Stephen Meredith, Ian Mulheirn, Rain Newton-Smith, Amanda Rowlett.


References


External links

* {{Official website, http://www.spe.org.uk/ Business in the United Kingdom Professional associations based in the United Kingdom Business and finance professional associations Economics societies Organizations established in 1953 1953 establishments in the United Kingdom