Overview of course
- 8th July - 21st July 2018
- 22nd July - 4th August 2018
- 5th August - 18th August 2018
- Residential in a central University of Cambridge college
- Classes designed and taught by University tutors
- A variety of carefully planned skills workshops
- Dedicated university and subject-specific advice
- Inclusive of all excursions and extracurriculars
- Diverse range of international participants
- Participant Assessment
- Certificate of Participation
Cambridge Immerse is a unique two week residential educational experience with a diverse and enriching curriculum, designed and taught by Cambridge University and Oxford University tutors. Tutorials and seminars are taught by experts in an optimal learning environment that stimulates academic enquiry; yet the carefully planned schedule ensures that the programme not only meets the academic needs of the participants, but also provides a unique insight into the university city through an abundance of extracurricular activities. The Cambridge Immerse Economics course is both challenging and engaging, with students learning in small groups to ensure that each student’s needs are addressed. In addition to covering material that is studied at the A-level and IB-level, students are also taught advanced university-level topics in a way that is approachable and easy to understand. In addition to consolidating students’ existing understanding of Economics, the course introduces students to more advanced topics and debates that will not only spur intellectual curiosity, but will also assist in preparing to study the discipline at university level.
Academic Content & Learning Objectives
The Cambridge Immerse Economics course uses current events to breathe life into the study of economics. As well as learning key theories, models, and frameworks, the programme is complemented by invaluable and fascinating analysis of issues central to the world we live in; focussing particularly on recent and current crises, including the Global Financial Crisis and Eurozone crisis, students will develop, independently, arguments for and against particular economic policies. The ‘Management’ side of the course focuses on the growth of businesses: key concepts of financial management and general management are explained in a way which allows students to pinpoint why and how any business can succeed or fail. The use of case studies – similar in style to the ‘Case Study Method’ used at Harvard Business School – introduces students to the method of analysing business decision whilst equipping them with the technical skills required to explore topical issues. The ‘Management’ side of the programme is taught by qualified MBA graduates from Cambridge University’s Judge Business School, ranked the top business school in the U.K. The Cambridge Immerse Economics curriculum also includes undertaking a group project. This project, which is completed during the programme, enables participants to develop their research skills by exploring specific fields of interest, culminating in an assessed presentation to the programme tutor(s). A diverse range of topics are explored during the programme, and a sample of previous topics that have been explored can be viewed below:
Economics: What is Economics? And why do we study it?
What is economics? And why do we study it? We will explore one of the most debated concepts within Economics – that of rationality – are humans rational decision makers? What assumptions and implications does this have? We will consider a variety of real-life applications of rationality, exploring the scenarios in which rationality may (or indeed may not be) a useful assumption in economic scenarios. Considering both academic studies and case studies, students will be encouraged to debate the utility of the concept in modern economics. In addition, the concepts of demand, supply and prices will be reviewed and evaluated. How does ‘the invisible hand’, the famous metaphor used by Adam Smith, allocate resources?
Economics: International trade theory
Why do we trade? Multiple theories exist as to why trade occurs (at an individual, firm and nation level). We will examine the main theories of comparative advantage and classical theory, but also explore beyond comparative advantage – explaining current trade patterns and evaluating these in the context of current case studies. We will also debate the effectiveness of protectionist measures such as quotas and tariffs and engage in debates about trade policy, supported with the exploration of case studies providing fascinating insights.
Attending Cambridge Immerse has taught me invaluable lessons that go beyond the framework of classroom learning. I feel that after two weeks I have developed both intellectually and as a person in general, a result of the rapid pace of teaching and the fantastically motivated group of peers I learned alongside. – Sophie, United Kingdom
Program taught in: