Dr Eugene Michaels

Eugene Michaels

Position: Senior Lecturer in Economics and Programme Leader (part of the International Business Suite of Programmes)

College: College of Business

Department: Derby Business School

Subject area: Economics

Research Centre: Business Innovation for a Low Carbon Economy

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My role within the Derby Business School spans the full range of academic activities from teaching at undergraduate and postgraduate level, to programme design, development and leadership, to scholarship and applied research. I am the Programme Leader for our MSc International Business, BA (Hons) International Business, (Hons) International Business and Finance and BA (Hons) Banking and Finance. I also have UK and international experience as an external examiner.

I am an applied economist passionate about teaching economics at all levels. I believe that economics is a critical part of our everyday real lives as individuals and business people and that it should be accessible by everyone. In my modules, I try to balance academic, practical and research elements. I took a leading role in designing and validating international business programmes that feature a strong economics core and helped develop of our specialist economics programmes. The efforts and interests of our Economics team coalesced into our present International Business Suite of Programmes designed from a multi-disciplinary approach, relying less on breadth of content but emphasisng mastery of inter-connected concepts and development of critical reasoning. A crucial element on our programmes is dedication to our students’ careers.

I developed the Futures Awards associated with our suite of programmes which, as a team, we use connected with our Personal Tutor system. Our students successfully participate in University challenges and business competitions and engage with professional organisations, industry experts and external speakers. As a team, we take great pride in their achievements.

With my colleague Melanie Powell, I write the monthly DBS Economic Bulletin, sponsored by Freeths Solicitors which is distributed to businesses around the region. I also regularly engage externally with media (TV and radio).

Teaching responsibilities

I am currently module leader for courses in Macroeconomics for Business (UG), Investing and Financial Markets (UG) International Economics for Business and Finance (PG), International Business Economics and Strategy (UG) and International Business Economics and Banking (UG).

I have also been module leader for International Business Theory and Strategy (PG), Global Business Environment (UG), Personal Finance and Investment Management (UG) and Economics for Management (UG). I developed most of the above as new modules, the building blocks for our expanding International Business Suite of programmes designed around a strong economics core.

I supervise PhD research and Post Graduate Independent Studies (dissertations) on our MScs.

Professional interests

I have experience of programme validations, both as developer of programmes and as an external member of the panel. I have UK and international experience as an external examiner.

Research interests

My academic interests are centred on behavioural economics implications for personal financial wellbeing (particularly pensions) and the application of behavioural insights to macroeconomic and business policymaking.

Membership of professional bodies

  • Fellow of the Higher Education Academy (accredited at level 2) from 2010
  • Member of the Chartered Management Institute (2010-2015)


  • PhD Economics, Nottingham Trent University
  • PhD Economics Bucharest University of Economic Studies
  • MA Economics (Distinction), Bucharest University of Economic Studies
  • BA Economics (First), Bucharest University of Economic Studies

Recent publications

  • Michaels, E. and Powell, M. (forthcoming 2017) ‘Behavioural economics: Using ‘nudges’ for promoting pro-environmental behaviours in the workplace’, in Lynch, N. (ed.) Supporting the shift to a low carbon economy
  • Michaels, E. and Powell, M. (forthcoming April 2016)  ‘Behavioural Finance and Financial Regulation: Something old or something new?’, in Lawlor, S. (ed.) Financial Services and the Whole Economy - Principles and Practice for Effective Policy, Politea, London
  • Michaels, E. and Lynch N. (2014) ‘Economics Instructor's Manual, Ninth Edition', for 'Economics: European Edition' by Michael Parkin, Melanie Powell and Kent Matthews, Pearson Education
  • Michaels, E and Lynch, N. (2012) 'Essential Economics Instructor's Manual, First Edition’, for ‘Essential Economics’ by Michael Parkin, Melanie Powell and Kent Matthews, Pearson Education
  • Michaels, E and Lynch, N. (2012) ‘Economics Instructor's Manual, Eighth Edition’, for ‘Economics: European Edition’ by Michael Parkin, Melanie Powell and Kent Matthews, Pearson Education
  • Mihaita, E and Fry, D. (2008) ‘Economics Instructor's Manual, Seventh Edition’, for ‘Economics: European Edition’ by Michael Parkin, Melanie Powell and Kent Matthews, Pearson Education, 2008
  • Mihaita, E (2008) ‘The Determinants of Reform Success – and Failure – in Emerging Economies’, in P. Booth et al (eds.) Pension Provision: Government Failure Around the World, The Institute of Economic Affairs, London
  • Mihaita, E and Smith D.B. (2008) ‘German Lessons for the British Economy’, The Business Economist, Vol. 39 No. 2, 2008
  • Mihaita, E and Smith D.B. (2008) ‘What Can Britain Learn from Germany?’, Global Vision Perspective (18 January 2008).

Recent conferences

  • Michaels, E. and Powell, M. (with K. Seymour-Smith and S. Woodward-Baker) (2015) The Futures Award – supporting student employability, a collaborative approach, Workshop for The University of Derby Learning and Teaching Conference, 1st July 2015
  • Mihaita, E. (2009) The Romanian Pension System Reform, in CICM Conference 2009 ‘20 Years of Transition in Central and Eastern Europe’, London Metropolitan Business School, London, 17-18 September 2009

Additional interests and activities

Since 2014 and with the sponsorship of Freeths, my colleague Melanie Powell and I have been publishing the monthly DBS Economic Bulletin. Each issue looks at a current economic development  with the aim of informing and updating regional business and non-specialists. The bulletin also contains a regular legal update brief from Freeths. You can follow the Economic Bulletin at www.derby.ac.uk/economicsbulletin.

In the media

I regularly provide expert commentary on economic issues in national and regional media.

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