Royal Economic Society introduces Income Based Pricing from January 2022

15 Sep 2021

As previously announced in 2020, the Royal Economic Society will be implementing a new income-related pricing policy for membership from 1 January 2022. Income Based Pricing will link a member’s income to the price they pay for membership. This new method of calculating member pricing has been introduced in a number of societies, including the American Economic Association and the Econometric Society. Further information on the new policy is available here.

This new pricing structure is linked to the Society’s ambitious plans to enhance what we do for those studying and working in economics. The Society relies on the support of its members to fund its activities.

Tim Besley, President of the RES, commented “The Royal Economic Society is committed to supporting its members and to increasing the visibility of economists and their work.  The new pricing structure offers a fairer system allowing economists on lower incomes, and students especially, to benefit from lower membership rates.”

Further communications will be sent to members from September, inviting members to review their pricing tier. Further information is available here. For a limited time, members can choose to renew early at 2021 prices. To do so, further information is available here.

The RES also offers a group membership scheme, for organisations wishing to purchase memberships for their staff and/or students. Further information is available from j.randalledwards@res.org.uk.