Economics students win outstanding achievement awards

Two undergraduate Economics students from the School of Management & Languages have been awarded the Lord Smith of Kelvin Prize and the Irene Adams Prize for 2010.

It is an exciting time for students of economics as global developments continue to defy textbooks and economic theory

Lord Smith of Kelvin

Christopher Basinski, MA (Hons) in Economics and Finance, and Wenche Tobiasson, MA (Hons) in Economics, received their prizes from Lord Smith of Kelvin at a reception held recently.

The prizes are awarded for outstanding achievement in the core Year 3 economics modules of Advanced Economics, Introduction to Econometrics, and the Econometrics Project. One prize goes to the outstanding male student (the Lord Smith prize) and the other to the outstanding female student (Irene Adams prize). Each prize comes with a cheque for £500.

In addressing students gathered at the reception Lord Smith said "It is great to see such outstanding academic achievement from Christopher and Wenche.

"It is an exciting time for students of economics as global developments continue to defy textbooks and economic theory. With the unprecedented nature of the current economic environment it is a time of great opportunity for you all.

"You are the leaders of the society of tomorrow and I urge you that whatever you end up doing, make sure you give something back to your community: share your time and talents in any way you can."

Lord Smith and Irene Adams are business associates. Their current entrepreneurial ventures include cattle breeding and winemaking. They are both passionate about education including the value of higher education and are delighted to be working with Heriot-Watt. The School is very grateful to Lord Smith and Irene Adams for their support and generosity.