On Thursday 10th March, Year 12 A Level Economics students were treated to a virtual talk from Marina Wanis, Research Assistant at the Bank of England (Banking, Payments & Innovation Department). Marina gave an in-depth insight into the role of the Bank of England as well as current monetary policy and careers information.
The Covid-19 pandemic and the ongoing crisis in Ukraine have had a wide reaching impact on the position of our economy in such a short space of time and we continue to experience the effects through economic conepts such as the cost of living, inflation and scaricty. Students were able to gain detailed knowledge and understanding as to the impact of such events, as well as other economically significant moments in recent history such as the 2008 Financial Crisis and the imapct on the financial regulation of our banks and money markets. Marina was able to detail the Bank of England’s response to these different events in a visual and interesting way, enabling our students to put their econmoic theory into context.
Marina also treated our students to a range of careers advice from emoployment and training opportunites at the Bank and her own experiences of working for such a prominent institution. She is currently completing her industry placement with the Bank before retuning to univeristy and so was able to share the processes she had been through to achieve her placement as well as a valuable understanding into what her day-to-day role invovles.
This was a fascinating insight into such a prominent economic institution, and our students gained a wealth of information that they can carry forward into their A level studies and beyond.