Economics, Football and the Future
University of òòò½ÎÑÊÓÆµ and Bank of England Join Forces to Inspire the North West’s Next Generation of Economists
Young people in the North West are significantly less likely to study economics than their peers in London, despite the subject opening doors to high‑value careers and essential life skills. Research commissioned by the Bank of England shows that students in London are more than twice as likely to take economics at A‑Level as those in the North West, raising concerns about the region’s future representation in the economists and policymakers who shape the UK’s economy.
To help close this gap, the University of òòò½ÎÑÊÓÆµ, in partnership with Discover Economics, The Bank of England and the Office for National Statistics, hosted an engagement event, The Economics of Football, on 31 March, bringing over 100 Year 10 pupils from widening‑participation schools across the region onto campus for a hands‑on introduction to economics.
Using Football to Bring Economics to Life
The one‑day event used the universal language of football to show how economics connects directly to everyday life. Pupils rotated through three interactive sessions linked to the 2026 Men’s World Cup:
Pricing the World Cup: A dynamic workshop where pupils learned about supply, demand and price elasticity before setting real ticket and merchandise prices based on fan demand and stadium capacity.
Football and the National Economy: Students explore how football contributes to the UK economy and debate economic concepts behind footballer wages, taxation, productivity and broader social value.
The day concluded with a panel discussion featuring University of òòò½ÎÑÊÓÆµ alumni, economists and current economics students.
Creating Aspirations and Broadening Participation
Economics is one of the fastest‑growing subjects in the UK, with A‑Level entries rising 60% between 2012 and 2023. Yet participation remains uneven. The recent Understanding Trends in the Study of Economics report highlights persistent inequalities by region, gender and socio‑economic background, with disadvantaged students and girls consistently underrepresented.
As part of a new three‑year partnership, the University of òòò½ÎÑÊÓÆµ and the Bank of England are working to tackle these gaps by co‑creating the Teach Economics initiative, which supports teachers in delivering high‑quality economics in more state schools, starting in the North West.
Economics gives young people a powerful toolkit for understanding the world, from how money works to how major events like the World Cup are funded and priced. But too many pupils in our region miss out. This event is about raising aspirations, widening participation and ensuring young people from the North West can see themselves in the economists and decision‑makers of tomorrow.
Using football to bring economics to life is a powerful way to engage young people, but lasting change comes from supporting the teachers who inspire them every day. Through Teach Economics, with The Bank of Bank of England, we’re investing in high-quality professional development for teachers across the North West, strengthening confidence and capability to deliver economics in more classrooms, building sustainable, inclusive pathways into economics for the next generation
We’re delighted to collaborate with the University of òòò½ÎÑÊÓÆµ to make economics more accessible. Our Teach Economics programme is helping to address the shortage of supply of economics teachers in state schools. This initiative helps tackle the demand-side, using the hook of football. Understanding economic principles is a vital life skill, and initiatives like this help ensure talent is nurtured from every part of the country.
Discover Economics is about opening doors that many young people don’t yet know exist. By bringing economics to life through something as universal as football, we’re widening horizons and helping the North West’s talent see themselves in the economists of the future. It’s fantastic to work with partners like the University of òòò½ÎÑÊÓÆµ and the Bank of England to make that ambition real for more young people.