Economics Applied macroeconomics

Our research – led out of the Fraser of Allander Institute – examines how the economy performs and evolves at a national level, with a particular focus on applications to real-world challenges facing policymakers and business. Areas of research include macro-modelling of the UK and Scottish economies, developing new data measures of the modern economy, spatial econometrics and econometric nowcasting, policy evaluation, and fiscal analysis.

Research in applied macroeconomics has been a key activity of the Department of Economics for almost four decades. The research is theory-informed and policy relevant, and is associated with high-level, high impact knowledge exchange.

The Fraser Economic Commentary is the leading source of independent commentary on the Scottish economy and publishes several business surveys. Staff in the Fraser of Allander Institute engage extensively with a range of public and private sector organisations - including the Scottish Government, which has adopted one of its models to explore the impact of further constitutional change - and provides research on key sectors or activities.

The department has a wide range of expertise in applied macroeconomics, reflected in the following staff:

The research group currently supervises several research students.

The Fraser of Allander Institute has an international reputation in multi-sectoral economic models often illustrating new development with applications to the Scottish economy. The group has a significant portfolio of externally funded research.

Our areas of research

Researchers have interest in the following fields:

  • economics of constitutional change
  • modelling the Scottish economy
  • spatial econometrics & regional nowcasting
  • regional policy evaluation
  • local, regional & national impacts of energy policy & environmental accounting
  • migration & demographic change
  • the determinants of happiness in a Scottish context