|Institution||2008 average score|
|4*||Quality that is world-leading in terms of originality, significance and rigour.|
|3*||Quality that is internationally excellent in terms of originality, significance and rigour but which nonetheless falls short of the highest standards of excellence.|
|2*||Quality that is recognised internationally in terms of originality, significance and rigour.|
|1*||Quality that is recognised nationally in terms of originality, significance and rigour.|
The 2008 scores in the table are based on the proportions of research in each of these scales.
85% of research in Bristol's Economics Department was assessed as 4* or 3*. All Bristol's research in Economics and Econometrics was considered to be internationally recognized.