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Economics in London

Study Abroad In London

Stylized crimson line.

Program Highlights

  • Historic sites including the John Snow Walk and Tower of London
  • World famous British Museum and London Transportation Museum
  • Tours of the London School of Economics and University College London
  • Day trip to Bath, a cozy town known for its ancient Roman baths
  • See Wimbledon or check out the theatre
  • Unlimited access to central London using "The Tube" and the iconic buses
  • See 46 Gordon Square where John Keynes developed many of his theories still used today

Academic Requirements - Odd Years

ECON 4353: Urban Economics (with Professor Greg Burge) 

  • Public expenditures, their nature, cause of the increase, and classification; sources of public revenue; methods of distributing the tax burdens; public debts and debt management; introduction to fiscal theory and policy

ECON 4853: World Economic Development (with Professor Cindy Rogers)

  • The economics of the developing nations; a review and analysis of common problems and issues. Learn the impact development can have on a nation and how it can impact their future growth and prosperity.  

Academic Requirements - Even Years

ECON 4353: Urban Economics (with Professor Firat Demir) 

  • This course provides an introduction to development economics through both historical and contemporary perspectives. We begin by examining the transition from feudalism to capitalism and the emergence of market society in Western Europe, with particular emphasis on England. Students will analyze stages of market economy development, the evolution of free market ideology, and its contrasts with alternative economic systems. We will also address the concept of “the development of underdevelopment.”

  • London offers a uniquely rich setting for this exploration. As the birthplace of the Industrial Revolution and a focal point in debates over protectionism versus liberalism, the city provides invaluable context for our discussions. Students will engage with the material not only through readings and lectures but also by visiting museums, historical sites, and cultural institutions that bring economic history to life.

ECON 3880: The Economics of the Art Market (with Professor Georgia Kosmopoulou)

  • This course applies economic theory to the functioning of art markets, with particular emphasis on auctions. Key topics include demand analysis, strategic behavior of bidders, and the dynamic effects shaping auction outcomes. We will examine the strategies of collectors, sellers, and dealers, considering how reputation, promotion, and strategic interaction influence outcomes in both physical and digital art markets.

  • London—home to some of the world’s most prestigious galleries and auction houses—serves as our classroom. Site visits to museums, galleries, and auction houses will complement lectures and readings, allowing students to connect theoretical insights with real-world practice. By the end of the course, students will understand how economic models help explain market outcomes and strategic behavior in the global art industry.
Study abroad group in front of the John Snow Water Pump.
Study abroad group in front of the John Snow Water Pump.

Check Out Testimonies From Previous Students!

Frequently Asked Questions

Students will be housed in co-educational flats either in or within walking distance of the Florida State University center in London, where classes are held.

In addition to meeting the study abroad eligibility requirements, you must also have:

  • Passport (valid through six months after return from study abroad)
  • 1 recommendation letter from any OU professor
  • ECON 1113: Principles of Economics - Macro is required and ECON 1123: Principles of Economics - Micro is highly recommended prior to the start of the program

Absolutely! Classes will be scheduled Monday-Thursday and students will receive a detailed scheduled before departing for England.

To learn more, please visit OU Education Abroad or email Dr. Burge or Dr. Hamory for more information!