Sixth-form economists turned out in force for a lunchtime Zoom talk on ‘Covid-19 and the Economy’ from a leading Oxford economist.
The speaker, Michael McMahon, Professor of Economics at the University of Oxford and Senior Research Fellow at St Hugh’s College, is a leading expert on communications in central banks. His interests also lie in monetary economics, fiscal policy, business cycles, and applied econometrics. He worked at the Bank of England for many years and now serves as a member of the Irish Fiscal Advisory Council.
Professor McMahon is also a Lead Editor of the Economics Observatory, a website that seeks to make economic research and government policy accessible to the general public, to which his latest contributions have focused on understanding the effect of the current pandemic on the UK economy.
His talk was given to QE’s Economics Group: Advanced Lectures – an enrichment activity targeted at those wishing to read the subject at the best Economics departments in UK universities. It was organised by Economics teacher Gustavo Ornelas-Almaraz following an initial approach to Professor McMahon by Year 12 pupil Ethan John. After Professor McMahon finished his presentation, there was a short period for questions.
Dr Ornelas-Almaraz praised the strong attendance at the event, especially given that it was held on a Wednesday – a day when many of QE’s sixth-formers are free to leave early. “The talk was both well attended and well received by our Year 12 economists. “
“They were particularly attentive to the portions of Professor McMahon’s lecture in which he laid emphasis on how the current economic situation will impact young people as they are thinking about their job prospects for the future.
“In all, it was an interesting and timely talk to our Economics students, and I am grateful to Professor McMahon for the time he spent in preparing and delivering his presentation; we have invited him to visit us in person in Barnet when the time is right.
“I have shared the resources that Professor McMahon provided amongst the students, and I am sure they will use them in their preparation for their A-level exam next year.”
Economics is a popular choice of degree subject at QE. Of this year’s 39 Oxbridge offers, seven are to read Economics at Cambridge, while one boy has an offer to read Economics & Management and another to study Politics, Philosophy & Economics, both at Oxford.
His hour-long, richly illustrated, online talk focused on examples of improvisation by two of the jazz greats, Herbie Hancock and Miles Davis.
Mike was Head of Jazz Studies at the Royal Northern College of Music for 20 years, during which time he directed well over 100 concerts with the RNCM Big Band. He still teaches at the RNCM and has also taught at many jazz summer schools and been a consultant and composer for the Associated Board of the Royal Schools of Music (ABRSM – a Music examinations board).
Abir Mohammed, Dhruv Syam and Ansh Jassra put together a polished three-minute film featuring footage from around the world on the competition theme of The changing workplace: same spaces, new realities. The 2020 competition, entitled Bank Camera, Action, challenged entrants to explore the effects of the coronavirus pandemic on the way we work, on jobs and on the economy.
QE teacher of Economics Krishna Shah said: “I am extremely proud of the three of them and delighted that all their hard work in putting the film together has been rewarded.”
It considered the environmental benefits of reduced levels of commuting and outlined possible technological solutions to the difficulties in maintaining work-life balance that working from home often entails, such as using separate electronic devices for work and personal life and screen-time blocking apps.
“Ultimately, the question is not whether remote working is here to stay, but to what extent.
Podcaster Surya Bowyer, QE’s Head of Library Services, warns that we disregard the “interconnectedness of the world’s natural systems” at our peril in a 36-minute episode that features a variety of expert voices and spans the globe, from Egypt and Ethiopia to France and Spain, and from the Amazon to the US.
QE’s Head of Languages, Nora Schlatte, was a member of the jury, and saw Vineeth and Awad in action. “Their research, poise and accuracy of language were amazing,” she said “Vineeth’s opening speech was described as ‘un modèle du genre’ [a model of its kind] and both boys responded very well to some challenging questions. Participating in something like this, especially remotely, is really daunting and they did brilliantly.”
Judges in the Polar Cloud CAT Inc. Design Challenge congratulated him for combining creativity with practicality in his design, and he also won appreciation from other users of American manufacturer Polar 3D’s Polar Cloud online 3D design platform.
“Firstly, at the back, there is a retractable claw which is able to lift five tonnes. This was created as a feature to utilise when carrying more rubble or dirt. The treads for the vehicle are intended to be made out of wire mesh and rubber to ensure balance and protection, which is a necessity for users who require some means of transportation in more secluded regions.”
Judges stipulated that entries should not only fulfil criteria such as printability, design execution and creativity, but also prioritised those, such as Keon’s, which garnered higher numbers of ‘likes’ on the online platform.