There were two university professors of economics.  One was John R. Hicks, a theorist, who was awarded the Nobel prize in economics, and John Jewkes, an empirical economist who researched real industries instead of theorizing about them.

There were no departments at all, no classes, no courses that a student had to take.  Oxford University consisted of men's and women's colleges that were gender specific.  Students were admitted to colleges, which provided them with tutors and a reading list with which to prepare for an exam in three years that would determine whether they graduated with honors, a second class degree, a pass, or not at all.  

The university provided lectures on the subjects that students needed to know depending on the subject that they were pursuing, such as mathematics, classics, science, or PPE (politics, philosophy, and economics).  The lectures came from lecturers, senior lecturers, readers, and professors.  It was up to the student whether he attended the lectures.  The gown worn by students secured admission.  There were no class rolls.