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Piers Thompson

Piers Thompson


Nottingham Business School

Staff Group(s)
Department of Economics


Piers' teaching is focused on microeconomics topics. He is the module leader for the level three microeconomics courses:

  • Choice and Welfare
  • Economic Theory.

The Choice and Welfare module includes topics on behavioural economics to allow students to consider how psychological influences can be incorporated into the decisions studied in economics courses. He is also the module leader for Applying Economic Theory on the MSc Economics course.

This module looks at how game theory and behavioural economics may be used to explain a number of phenomena in real life. His other roles include being the external speaker series coordinator for the Economics Division, and supervising final year student research projects. He is currently the Submissions Editor for Economic Issues and responsible for dealing with PhD application queries made to the Economics Division.

Career overview

Before joining Nottingham Trent University Piers was employed as a lecturer in economics at Cardiff Metropolitan University. His teaching at Cardiff Metropolitan University included microeconomics courses covering topics such as public sector economics, health economics and game theory. During this time he was also a member of a number of PhD supervisory teams, with students’ topics ranging from Regional Economic Convergence to Currency Crises. Prior to this he worked as a research assistant at the University of Glamorgan, employed as part of the Global Entrepreneurship Monitor (GEM) team in Wales.

Research areas

Piers' more recent research has been based around two main topics, entrepreneurship and regional competitiveness.

Entrepreneurship and Small Business ManagementHis work on entrepreneurship has stemmed from his previous employment on the Global Entrepreneurship Monitor (GEM) project. The GEM study is an international study of entrepreneurial activities and attitudes. Piers worked as part of the team based in Wales contributing to the reports covering entrepreneurial activity and changes in attitudes. He has published papers on the topics of ethnic entrepreneurship, financing of small firms and third sector organisations, and female entrepreneurship. Other work on small businesses and entrepreneurship includes participation in the team that undertook and analysed the 2008 Lifting the Barriers to Growth Survey for the Federation of Small Businesses (FSB).

Regional and Local CompetitivenessRecent research projects have been focused around benchmarking regional competitiveness including co-authoring the 2010 and 2013 UK Competitiveness Index and contributing to the assessment of the knowledge economy of Cardiff as part of the Knowcities project. He is currently working on projects that have looked to incorporate the influence of culture on local and regional economic competitiveness. Initial work on this area was funded by the Welsh Government through its New Ideas Fund. He is also co-author of The Global Competitiveness of Regions which covers the World Competitiveness Index of Regions a benchmarking exercise of over 500 regions around the world.

Sponsors and collaborators

Professor Robert Huggins (Cardiff University)
Dr Caleb Kwong (University of Essex)