Recent Release | 26 Oct 2022

The Economic Impact of the University of Exeter

Economic Consulting Team

Oxford Economics

This report analyses the economic impact of the University of Exeter in 2020/21.

The University of Exeter is one the UK’s 24 Russell Group universities, providing education and research opportunities across its campuses throughout Devon and Cornwall. The University generates economic activity and employs thousands of academic and professional services staff in the local economy, and supports activity by spending money with suppliers across the UK.

The University also attracts expenditure to Exeter, Cornwall, and the wider community by recruiting students from around the world and other parts of the UK, while retaining local students to study at the University of Exeter. In addition, visitors of these students also spend money within the economy.

Through all these channels, the University makes an important contribution to both the local Exeter and Cornwall economies in which its campuses are located, the wider South West of England region, and the rest of the UK economy.

About the team

Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:

Stephen Foreman

Associate Director, Economic Impact

+44 (0) 203 910 8107

Stephen Foreman

Associate Director, Economic Impact

London, United Kingdom

Stephen leads a team of economists who assess the economic impact of a variety of different firms and industries. Recent consultancy projects he has led include assessments for the World Travel and Tourism Council, Dubai Free Zones Council, the Aerospace Technology Institute, Funding Circle, Reckitt, and ASOS.

Stephen has also worked on Oxford’s Global Industry Service where he was responsible for forecasting the global transport sector, leading Oxford Economics’ industry research, and managing consultancy projects for industrial organisations.

Stephen joined Oxford Economics from the UK civil service, where he worked on a range of macroeconomic, fiscal, tax and welfare policy issues across HM Treasury, the Office for Budget Responsibility and the Department for Work and Pensions.

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