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- The new economics definitions
- Posted 4 years ago
INOMICS unveils its A-Z of economics terms
Here at INOMICS, we’ve always been dedicated to trying to help you, the economist (fledgling or otherwise) get the most out of your education and career. Whether that be offering you the best new courses and conferences, nudging you towards the perfect university degree, or helping you apply to jobs once you’re done studying, we’re there to give advice and present opportunities you may not have otherwise found.
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- Scholarships
- Posted 4 years ago
How to Apply for a Master’s Scholarship
Everyone wants to be admitted to a top university in their favorite location. Potential reputation among employers, high quality of education and the potential boost that they can represent for a professional career make top universities the first priority of thousands of students around the world. One factor makes the decision tough, however: the potential cost it can represent for the student budget. For this reason, it is always good to look into scholarships, whether from the university itself or from a foundation.
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- New Metrics Needed
- Posted 4 years ago
Is it time to bin GDP?
Gross Domestic Product, or GDP, is the market value of all goods and services that a country produces in a given year, adjusted - to make it comparable to previous years - for inflation. In many ways, though, it's transcended this rather prosaic definition. It's become the barometer of a country’s progress, an indicator of a land’s prosperity, and the ultimate yardstick for assessing living standards. When growing (at expected rates), politicians refer to it as proof of the success of their policies. And when rates are not met, or, god forbid, GDP growth slows, it’s weaponised by those for whom it’s politically expedient. It has the power to both elect governments and bring them crashing down. In the theatre of politics, rarely is it anywhere but centre stage.
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- Career Advice Article
- Posted 4 years ago
Dress Code for Economic Conferences: What to Wear and What to Avoid
While you may be used to the daily routine of graduate school or teaching, presenting at a conference, or even just attending one, can be a whole different activity. The preparatory checklist is long enough as it is, without having the added conundrum of worrying about your appearance. If you’re in business school, perhaps you’re used to ironing your button-down shirt and slacks every day, but most academics cringe when they hear the term 'business casual'. But fear not. We, the gracious folks at INOMCS, are here to help.
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- Study Advice Article
- Posted 4 years ago
Extracurricular activities to help your economics career while at university
Attending university is a ton of fun, but it also prepares you for the next stage in your career. Even your hobbies can be advantages in your career development if you pursue them at a high level. Everything you do at university can be added to your CV in order to help you get a job in the future, and universities are great places to take part in extracurricular activities. And remember, not only will these help you practically after you've finished your degree and are moving on to working or further education, but they'll also make your stay at university more enjoyable, enabling you to meet friends, develop intellectually and stay fit. Although lots of these will help you whatever career you decide to pursue, some may be a little more useful specifically for a career in economics.
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- Career Advice Article
- Posted 4 years ago
The Top Jobs in Environmental Economics
If you're a current economics student and you've chosen to specialise in environmental economics, then the good news is that there are a ton of job opportunities in this field. With the growing awareness of environmental issues and concern for sustainability, you can find work in all sorts of areas. But what are some of the specific jobs that you could do as an environmental economist? Today we're looking at possible career paths to give you some ideas about the kind of work which you might like to do once you graduate.
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- Blog Post
- Posted 4 years ago
A Guide to Dating in Academia
Dating in academia is riddled with potholes, the most immediate of which is do not stray far from your academic discipline. Curious indeed considering that the academic world is meant to be populated by an abundance of young and energetic minds from a variety of different cultures, races and ethnicities, all of whom are hungry for new information and experiences. One would think that such an environment would provide the perfect dating terrain, right? Wrong!
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- Study Advice Article, Career Advice Article
- Posted 4 years ago
The soft skills you need to succeed
Everyone knows about the hard skills you need to be able to succeed in economics or in academia in general: excellent writing and proofreading skills, the ability to extract information from what are often dense scientific texts, and being able to evaluate and analyse data effectively, among other things. But they aren’t the only skills you need to have. There are, of course, the dreaded soft skills – a slippery term that can mean anything from being able to clearly communicate your ideas to another human being to more abstract concepts like emotional intelligence. But what are the most important soft skills to have, and how can you develop the ones that need some more work?
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- Blog Post
- Posted 4 years ago
The Economist's Decline
The reputation gained by economists has been a remarkable feat of PR; a branding job like no other. Quite how it developed remains a mystery, some inexplicable sleight-of-hand. Its consequence, however, is far easier to discern: in the minds of many, economics came to be thought of as a science. Removed from its rough prediction roots, it became a discipline of watertight theory, with a methodology capable of unearthing indisputable truths.
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- Blog Post
- Posted 4 years ago
The Challenges of Microfinance
Since its inception in the 1970s, microfinance has become the darling of development organisations the world over - the idea with the potential to save the planet’s poor. Pioneered by Bangladeshi social entrepreneur and Nobel Peace Prize Winner Muhammad Yunus, it provides the financially marginalized with banking services that, given their impoverishment, would otherwise be out of reach. Such provision, its proponents claim, empowers the poor to take control of their own lives and plot their own path out of poverty - an antidote that is humane, retains the dignity of it recipients, and is lucrative. Aside from bank accounts and insurance, it is mostly implemented in the form of microloans.
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- Career Advice Article
- Posted 4 years ago
Top jobs in international economics
If you're an economist and you're thinking about working in the field of international economics, you might be wondering what kind of career options are open to you. Here are a few suggestions for jobs which you could do.
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- Blog Post
- Posted 4 years ago
Russia's Economic Crisis
In the early hours of the 21st of August 1991, a putsch in the Soviet Union against Mikhail Gorbachev failed, leaving three men dead and the country in a state of shock. The coup had been staged by members of the Soviet government who had taken issue with Gorbachev’s liberalising, democratising reforms, which he had been slowly putting into place over the previous few years. Those who had planned the attack then fled, and were all taken into custody within three days.
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- Are They Really Worth It?
- Posted 4 years ago
Executive Compensation in the US
Rising year on year, seemingly irrespective of company performance, US executive pay is eye-watering. For decades now, its increase - the small blip following the financial crisis aside - has been rapid. As their wallets have bulged, however, CEOs’ standing in the public eye, has fallen precipitously - plotted on a graph the relationship between the two would make a big X. And this is a significant shift. It wasn't long ago that the American entrepreneur was heralded as an almost mythical figure: the embodiment of all that was good about the country; the opportunity it afforded; the work ethic it rewarded; the fact that with the right attitude anything was possible. They were the American Dream in action; evidence that it could be made real.
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- Campus Reviews
- Posted 4 years ago
Studying economics or business at Rotterdam Business School
Rotterdam is a funky, modern city in the southern part of the Netherlands, taking less than an hour to travel to by train from the capital Amsterdam. Although Amsterdam might be the more famous tourist destination to those outside of Europe, Rotterdam has an edgy, exciting quality which makes it a highly desirable location for people to study.
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- Career Advice Article
- Posted 4 years ago
Opportunity to Provide Expertise at the European Parliament - Interview with Alexandre Mathis
Parliamentary Research Administrator, Alexandre Mathis, kindly sat down with INOMICS to discuss his work and call for applications from economists to help advise on the EU Budget. Alexandre explained to us in more detail what he does and what exactly it is the European Parliament is looking for.
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- Career Advice Article
- Posted 4 years ago
Conference Scholarships to Fund Your Conference Trip
If you've got a conference coming up that you want to attend, you'll know that there are lots of costs associated with a trip. You'll need to pay for travel and accommodation as well as the cost of conference attendance, which can all add up to a large amount of cash. Often, your department will pay for conference trips, but what if you run out of travel budget, or you don't have this option? In that case, you might want to consider applying for a conference scholarship. These are awards of money given to fund travel and attendance at a conference, usually for students or early career researchers. Often these scholarships will require that you're actually presenting at a conference, but not always - some have different criteria, such as where you are a resident and whether or not you're a student. In any case, there are large databases available to find scholarships for conference; here is a short list to get you started.
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- Ranking
- Posted 4 years ago
Top Highest Paying Graduate Degrees In Social Sciences for 2019
While pursuing a graduate degree is undeniably interesting and challenging, tuition fees and other costs associated with studying have been getting higher and higher over the last decade. This has lead to plenty of students questioning whether the expense in terms of time and money that they will have to put into obtaining a graduate degree is worth it. In a difficult job market, students are less willing to take on large debts to finance their study unless they can be reasonably sure that they will get a well-paying job at the end of it.
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- Career Advice Article
- Posted 4 years ago
Tips For Students: How To Find A Part-Time/Student Job To Finance Your Studies
Given the highly competitive nature of funding opportunities and the ever-increasing cost of higher education, a part-time job is seemingly an unavoidable part of the student experience. Whether it be to earn some more money to put towards tuition fees, or the cost of living expenses or even having a little aside for entertainment and leisure activities, students find themselves increasingly obliged to find a part-time job whilst at university.
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- Career Advice Article
- Posted 4 years ago
How to Write a Cover Letter: Five Steps to Success
Whether you’re still a student, a recent graduate, or already years into your career, mastering the art of cover letter writing is useful at every level. In one form or another, cover letters are a required component of applications to jobs, study programs, conferences, scholarships and many other important opportunities along your career path.
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- Blog Post
- Posted 4 years ago
Does Economics Have a Problem with Women?
Economics has a gender problem, it always has, and unfortunately, it appears to be getting worse. Until recently, the impression was that this historically male-dominated discipline was turning a corner—albeit rather slowly—and the number of women studying economics was creeping upwards. That progress, however, looks to have stalled, and by some accounts, including that of the Australian Department of Education, actually gone into reverse. All the while, the number of women in the STEM fields (Science, Technology, Engineering, and Maths)—long notorious for their poor gender ratios—has been steadily increasing. It looks as though the ‘old boys’ club’ of economics might be closing ranks.
Pagination