Research Assessment Exercise, 2001
The results of the 2001 Research Assessment Exercise (RAE) - which is conducted by the UK government's Higher Education Funding Councils to evaluate the quality of research in about sixty subject areas (based upon academic peer review) - were published on 14th December 2001.
The Essex Economics Department was awarded a 5-star grade for its quality of research (5-star being the highest possible grade). The Department is one of only four Economics departments to have received the top grade.
The Head of Department, Professor Abhinay Muthoo, commented:
"I am delighted that the RAE has confirmed Essex's reputation as one of the best research departments in economics in the UK. Essex has always (since its earliest days, almost forty years ago) attracted top economists, and I expect that it will continue to do so. I am confident that the department will maintain and further enhance its reputation as one of the world's leading economics departments."
NOTE: In conjunction with the result of 24/24 awarded to the department by the UK's Quality Assurance Agency (QAA) for the quality of its teaching this means that the Essex Economics Department is one of only three Economics departments to have received the top marks in both research and teaching.
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