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Now in its second century, the Royal Economic Society is one of the oldest economic associations in the world. Currently it has over 3,000 individual members, of whom 60 per cent live outside the United Kingdom. It is a professional association which promotes the encouragement of the study of economic science in academic life, government service, banking, industry and public affairs.
It achieves this currently through the publication of the Economic Journal, the Econometric Journal and a quarterly Newsletter and also through the RES Annual Conference, a Postgraduate (PhD) Conference and helping to further the study of economics via the Annual Public Lecture, a programme of Small Grants, Conference Grants and Junior Fellowships, and The Young Economist of the Year annual essay competition for young economists at school. For more details please read the Annual Accounts and Report from Council below.
Contents:
Structure of the Society
Annual General Meeting
RES Council
Election to Membership of RES Council
Executive Committee
Main Activities
Annual Report of the Secretary-General
Annual Accounts & Report from Council
Join the RES

Structure of the Society
Until 20 December 2011 the governing body of the Society was the Council which consists of: President, Vice Presidents, Secretary-General, Treasurer, and 30 members (six elected annually by members to hold office for five years). From 20 December, the Executive Committee members have become the charity trustees and the governing body of the Society.
The Council meets once a year and delegates the day-to-day running of the Society to an Executive Committee consisting of: President, President-elect or immediate past President, Secretary-General, Second Secretary, Treasurer, Managing Editor of The Economic Journal, Managing Editor of The Econometrics Journal, Conference Committee Secretary, Publications Secretary, Chairman of CHUDE (Conference of Heads of University Departments of Economics), Chairperson of Women's Committee, and 5 Council members.
In accordance with Privy Council approval of amendments to the Bye-laws of the Society on 20th December 2011 the Executive Committee became the governing body of the Royal Economic Society and continues to be responsible for the formulation and execution of the Society's policy and for the coordination of the activities of its officers. The current members of the Executive Committee are listed below. The amended bye-laws can be seen on request from the Society Administrator at the office of the Secretary-General (royaleconsoc@st-andrews.ac.uk)

Annual General Meeting
The Annual General Meeting takes place once a year, usually on the first day of the RES Annual Conference. All members of the Society are invited to attend and notice of business is mailed to them in advance of the meeting.
ANNUAL GENERAL MEETING - The 2012 Annual General Meeting will be held in the West Road Theatre at the University of Cambridge, on Monday 26th March 2012 at 3pm. The Agenda and Minutes of the last AGM will be circulated by post to all current and life Society Members prior to the meeting.
The 2011 ANNUAL GENERAL MEETING of the Society was held on Monday 18th April 2011. Agenda and papers are available via this link – Agenda Papers AGM 2011. These include the minutes of the 2010 AGM.
The draft minutes of the 2011 AGM are available from the Secretary-General's office by email to royaleconsoc@st-andrews.ac.uk

RES Council
President: Professor R Blundell
Vice-Presidents: Sir Tony Atkinson, Lord Burns, Sir Partha Dasgupta, F H Hahn, J M Hardie, Sir David Hendry, Sir James Mirrlees, S J Nickell, R Portes, P Rowlatt, A K Sen, A Silberston, J Sutton, Sir John Vickers
To hold office until AGM 2012: S Flanders, M H Pesaran, Lord Skidelsky, E Berglöf, J P Thomas, C Meghir
To hold office until AGM 2013: C Giles, P A Grout, G Laroque, H Rey, D C Webb, H. Peyton Young
To hold office until AGM 2014: S Burgess, N Crafts, S Dale, D Miles, M Stevens, C Waddams
To hold office until AGM 2015: M Armstrong, K Blackburn, P Mason, D Ramsden, L Reichlin, P Wallace
To hold office until AGM 2016: P. Collier, J. Grice, J. Haskel, G. Levy, G. Lyons, A. Prat
Secretary-General: J Beath
Honorary Treasurer: M Robson
Election to Membership of RES Council

Executive Committee
The Executive Committee of the Royal Economic Society is responsible, since 1975, for the formulation and execution of the Society's policy and for the coordination of the activities of its officers. From 20 December 2011 its members are the charity trustees of the Society and its governing body. Membership of the Executive Committee is as follows:
President: R Blundell Secretary-General: J Beath Second Secretary: R. Naylor Honorary Treasurer: M Robson Managing Editor of The Economic Journal: R Griffith Managing Editor of The Econometrics Journal: R J Smith Publications Secretary: D Winch* Conference Committee Secretary (co-opted): G Myles Chair of CHUDE (co-opted): N Rickman Chairperson of Women's Committee: (co-opted)K Mumford
Council representatives: P Grout (2013); N Crafts (2014) and M. Armstrong (2015); J. Haskel (2016).

Main Activities
The activities of the Society fall broadly into five main groups:
- The advancement and dissemination of economic knowledge
- The exchange of ideas in the profession
- The training and support of younger members
- The provision of financial support where it is needed most
- Cooperation with international associations of economists
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