Dr Lucy Minford
Lecturer
Economics
Telephone: (01792) 295601
Room: Office 206 - 206
Second Floor
School of Management
Bay Campus

Dr Lucy Minford is Lecturer in Economics at the School of Management of Swansea University. She graduated from Oxford University in 2007 and has an MSc in International Economics, Banking and Finance and a further MSc in Economics, both from Cardiff University with Distinction. In 2015 she obtained her PhD in Economics from Cardiff University, funded by an ESRC open competition award.

Lucy’s interests lie in applied macroeconomics and economic growth, and her PhD investigated the causal effects of government policy on UK output and productivity growth using simulation-based econometrics (indirect inference). After her PhD she worked as a Postdoctoral Research Fellow at Cardiff University with co-authors Kent Matthews, Akos Valentinyi and David Meenagh. Recent research investigates public spending-driven growth and convergence in regional China.

Since 2009 Lucy has taught advanced macroeconomic theory, applied econometrics, growth and development, UK economic policy, public choice theory, and time series econometrics for macro.

Areas of interest for doctoral supervision are: macroeconomics with a focus on growth, productivity and innovation; DSGE modelling and testing; regional economic growth; growth in low and middle income economies.

Teaching

  • MN-3048 Advanced Economic Analysis

    This module presents analysis of a number of key issues in both microeconomics and macroeconomics.

  • MN-3531 Public Choice

    This is an introduction to public choice theory: the borderline between economics and political science. When policymakers strive to be elected and voters are self-interested and rational, how does this affect equilibrium outcomes? We consider why governments exist, how collective decisions are made when society is made up of multiple groups with conflicting interests, and the pros and cons of decentralising government. We also look at why government size has grown rapidly over the last century. In investigating these questions, we compare traditional public economics with the public choice approach. In traditional models, policymakers are public servants acting only to maximise social welfare; in contrast, the public choice approach shines a light on the workings of the political `marketplace.¿