Professor McWilliams' first year of lectures as Gresham Professor of Commerce aimed mainly at setting out the building blocks of the new economic geography that is likely to emerge from the world’s greatest ever economic event, the industrialisation of the emerging economies.
For the second year, the focus shifts to some of the public policy impacts of this. The lectures deal particularly with inequality and with government spending. But they also look at the impact on the euro as well, with the economic changes affecting the different Eurozone member states deferentially.