5 weeks into my time at LSE, I’m already starting to notice the differences in course content between at LSE and my school in the U.S.
I’m taking all economics related classes, although spread across different departments. One thing I noticed is that my courses are very heavy on application case studies. Generally speaking, while the lectures mainly focus on theory, but 30% of the classes are dedicated to case studies. For instance, for my Industrial Economics course, which is very quantitative in nature, I’m expected to read articles about industrial cases, discuss key points using economic theories, and do mathematical computations to prove the intuition behind things. This is different from how economics is taught in my home school, where most courses are very theory based.
Even in a quantitative course like Industrial Economics, students are expected to take readings and case studies seriously. That’s because in each of the past exams, there was at least one essay question about a specific case study that’s taught during the year. The question requires you to recall what you read, then provide mathematical models and qualitative arguments to support the essay.
Economics courses here are also very mathematical, especially the third year courses. This is because an average econ student here is expected to take at least four math and statistics courses before the third year.