Lloyd was born at Oxford in 1794, and died at Missenden, Buckinghamshire on 2 June 1852. He was the son of a rector and the younger brother of a future bishop of Oxford, Charles Lloyd. He was educated at Westminster School, then Christ Church College, Oxford, graduating in 1815 with a first in mathematics and a second in classics. His MA followed in 1818. His Oxford career continued as a reader in Greek reader (1823) and lecturer in mathematics at Christ Church (1824), then Drummond Professor of Political Economy (1832–7), the third to hold that post following Nassau senior and Richard whately. His economics lectures were published together as Lectures on Population, Value, Poor Laws and Rent in 1836.
From The Biographical Dictionary of British Economists in Oxford Reference.