▁and ▁international ▁business , ▁were ▁established . ▁The ▁result ▁was ▁that ▁the ▁School ▁of ▁Business ▁became ▁bigger ▁and ▁better ▁resources ▁than ▁the ▁School ▁of ▁Econom ics ▁and ▁Political ▁Science . ▁Within ▁the ▁latter ▁school , ▁the ▁Dis cipl ine ▁of ▁Econom ic ▁History ▁was ▁closed ▁down ▁in ▁ 2 0 0 2 . ▁The ▁Dis cipl ine ▁of ▁Political ▁Econom y ▁was ▁finan cially ▁s que ez ed , ▁partly ▁because ▁the ▁number ▁of ▁international ▁fee - pay ing ▁students ▁who ▁en rolled ▁in ▁political ▁economy ▁was ▁much ▁lower ▁than ▁for ▁the ▁more ▁directly ▁business - orient ated ▁discipl ines . ▁There ▁were ▁some ▁growth ▁areas ▁for ▁political ▁economy , ▁though . ▁the ▁introduction ▁in ▁ 2 0 0 5 ▁of ▁a ▁new ▁degree , ▁the ▁Bach elor ▁of ▁International ▁Studies , ▁attract ed ▁a ▁sur ge ▁of ▁good ▁students ▁to ▁the ▁study ▁of ▁political ▁economy , ▁as ▁it ▁became ▁a ▁comp uls ory ▁core ▁subject . ▁ ▁The ▁three ▁years ▁from ▁ 2 0 0 4 ▁to ▁ 2 0 0 7 ▁were ▁very ▁difficult ▁for ▁political ▁economy , ▁which ▁was ▁star ved ▁of ▁funds ▁because ▁it ▁did ▁not ▁bring ▁in ▁enough ▁full ▁fee - pay ing ▁students ▁( intern ational ▁or ▁domestic ). ▁June ▁S inc la ir , ▁a ▁recently ▁appointed ▁Pro - V ice ▁Chan cell or ▁with ▁respons ib ilities ▁for ▁both ▁the ▁Fac ulty ▁of ▁Econom ics ▁and ▁Business ▁and ▁for ▁the ▁Fac ulty ▁of ▁Arts , ▁sought ▁to ▁shift ▁the ▁Dis cipl ine ▁of ▁Government ▁and