Professor Caroline Elliott
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Position: Professor of Industrial Economics - Department of Accountancy, Finance and Economics
Qualifications: BA(Hons), MA, PhD, SFHEA
Quantitative Analysis in Business Economics and Finance Research Group (QABEF)
Business Education Research Group (BERG)
Caroline has been Professor of Industrial Economics at the University of Huddersfield since January 2014. She is Director for Teaching and Learning in the Business School and leads the Economics and Learning Development Groups. She started her career as a research assistant at the University of Manchester, before working as a lecturer then senior lecturer at Lancaster University. She has also taught at the Universities of Liverpool and Kentucky. Caroline is the editor of Cogent Economics and Finance, and on the editorial board for The Economic Review. She has won a number of awards for teaching, including the inaugural Economics Network Teaching Award, and the Lancaster University Sir Alastair Pilkington Teaching Prize. She has had a long association with The Economics Network, and continues to be an Associate and Departmental Contact for The Economics Network.
- Professor of Industrial Economics, University of Huddersfield, 2014 onwards
- Senior Lecturer and previously Lecturer, Lancaster University, 1994-2013
- Research Assistant, University of Manchester, 1992-1994
1998 PhD Economics and Econometrics University of Manchester
1992 MA Economics University of Manchester
1991 BA Politics, Philosophy and Economics Oxford University
Research and Scholarship
Caroline is an applied Industrial Economist, interested in competitive forces in markets. Currently much of her research focuses on education and cultural markets. In terms of her work on the education sector, Caroline is researching the UK Independent School sector, in light of the fee-setting cartel that operated in the early 2000s. She is also extending her existing research into Business Schools, and in particular MBA degrees. Having previously worked on the UK film industry, Caroline is now extending this work to consider the Chinese and Indian film industries. Caroline also works on the impact of regulation and competition policies on firms’ strategies, considering the threat of regulatory interventions on firms’ behaviour.
Publications and Other Research Outputs
Cook, S. and Elliott, C. (2016) ‘Innovations in Economics Education: An Introduction to Economic and Econometric Tools for Teaching and Learning’ Cogent Economics & Finance . ISSN 2332-2039
Elliott, C. and Neal, D. (2016) ‘Evaluating the use of lecture capture using a revealed preference approach’ Active Learning in Higher Education . ISSN 1469-7874
Elliott, C (2016) ‘How the Oscars can help Hollywood crack the China market’ The Conversation . ISSN 2044-5032
Elliott, C (2016) ‘Price discrimination isn't only about pink razors’ The Conversation . ISSN 2044-5032
Johnes, J., Elliott, C. and Lopez Torres, L. (2016) ‘The effects of competition and collaboration on school efficiency: A bootstrapped two-stage DEA of the UK independent school sector’. In: Workshop on Education Economics, March 23rd to 24th, Maastricht University, Netherlands
Izquierdo Sanchez, S., Elliott, C. and Simmons, R. (2016) ‘Substitution between leisure activities: a quasi-natural experiment using sports viewing and cinema attendance’ Applied Economics . ISSN 0003-6846
Elliott, C. and Soo, K. (2016) ‘The Impact of MBA Programme Attributes on Post-MBA Salaries’ Education Economics . ISSN 0964-5292
Elliott, C., Konara, P. and Wei, Y. (2016) ‘Competition, Cooperation and Regulatory Intervention Impacts on Independent School Fees’ International Journal of the Economics of Business . ISSN 1357-1516
Elliott, C (2014) ‘Possible Uses of a PRS in Economics Teaching’. In: A Handbook for Teaching and Learning in HE. : Routledge. . ISBN 978-0-415-70996-5
Elliott, C. and Soo, K. (2013) ‘The International Market for MBA Qualifications’ Economics of Education Review , 34, pp. 162-174. ISSN 0272-7757
Elliott, C. and Soo, K. (2012) The Returns to an MBA Degree: The Impact of Programme Attributes Lancaster, UK: Lancaster University
Elliott, C. and Simmons, R. (2011) ‘Advertising Media Strategies in the Film Industry’ Applied Economics , 43 (29), pp. 4461-4468. ISSN 0003-6846
Elliott, C. and Simmons, R. (2011) ‘Factors Determining UK Album Success’ Applied Economics , 43 (30), pp. 4699-4706. ISSN 0003-6846
Elliott, C., Lenton, P. and Wei, Y. (2010) ‘The Effect of Government Policy on Tobacco Advertising Strategies’ Bulletin of Economic Research , 62 (3), pp. 243-258. ISSN 0307-3378
Elliott, C. and Wei, Y. (2010) ‘The Impact of Regulatory Intervention on the UK Store Card Industry’ International Journal of the Economics of Business , 17 (1), pp. 87-98. ISSN 1357-1516
Soo, K. and Elliott, C. (2010) ‘Does Price Matter? Overseas Students in UK Higher Education’ Economics of Education Review , 29, pp. 553-565. ISSN 0272-7757
Elliott, C. and Simmons, R. (2008) ‘Determinants of Box Office Success: The Impact of Quality Signals’ Review of Industrial Organization , 33 (2), pp. 93-111. ISSN 0889-938X
2012 onwards, Editor of the journal Cogent Economics and Finance
On the editorial boards of The International Review of Economics Education and The Economic Review
Member of the Royal Economic Society – Economics Network Independent Panel of Experts
Member of the Network of Industrial Economists, organising their 2013, 2004 and 1998 annual conferences.
- 2010 Best Paper Prize, International Journal of the Economics of Business, with Y. Wei
- 2001 Winner, Economics Network Award for Outstanding Teaching
- 1999 British Institute for Energy Economics Jane Carter Prize, with M. Acutt
- 1998 Sir Alastair Pilkington Lancaster University Teaching Award
Research Degree Supervision
At Lancaster University Caroline supervised three PhD students: on firm size and growth; the environmental Kuznets curve; and the UK film industry.
She is particularly interested in supervising students interested in education markets; the film and music industries; firms’ strategic use of advertising; and the impact of competition policies.
Associate Consultant, ICS Consulting, 2003 onwards
- Director for Teaching and Learning
- Head of the Learning Development Group
- Economics subject lead
Teaching and Professional Activities
Caroline teaches the following modules:
- Year 3 Industrial Economics: module convenor and lecturer
- Year 3 Economic Theory and Applications
- Year 1 Introduction to Microeconomics: module convenor and lecturer
Teaching and Professional Activities and Memberships
Economics external examiner for Nottingham Trent University (2016-2020); The University of Chester (2015-2019) Warwick Business School (2012 – 2016). I have previously been an external examiner for The University of Nottingham Business School (2011-2015); The University of Bradford (2006-2010) and the University of the West of England (2004 – 2008).
Associate and Departmental Contact for The Economics Network, running various teaching seminars each year and being on judging panels a number of times.
Member of the A Level Economics Strategic Advisory Committee for Pearson Education, 2012 onwards.
Assessor, Subject Review of Economics, Birmingham City University, 2016.
Assessor, Internal Subject Review of Economics, Newcastle University, 2014.
Assessor, The York Management School Periodic Review, 2012.