Being a Teaching Assistant (TA) at a university is rewarding, but also tough, particularly when you’re just starting out and learning the ropes. Perhaps you might appreciate some guidance - roll on INOMICS top tips for econ TAs who are preparing for their first role. Oh, and congratulations by the way! 

Every year, October is the peak time for future PhD candidates to start applying for their first-choice positions. For those students who want to stay in their current institutions, the process may be fairly straight forward. However, for candidates seeking opportunities internationally or even simply in a different university, the prospect and the process may be somewhat more daunting.

Soon after the completion of a Master's degree or PhD, everybody is faced with the big question: what next? Although it may seem like a natural progression to continue with further research, there are many other careers open to academics in business, education, communications and journalism, to name but a few examples. So how do you know if research is the right career choice for you? Well, like with most big decisions, a good way of figuring it out is to weigh the pros and cons of an academic career.

Economics isn't something that can only be learned from books and journals – in fact, as an important part of modern life, there are a number of great movies made about economic themes. From the 2008 financial crisis to the formation of game theory, movies have documented a variety of subjects that will be of interest to economists. Next time you're selecting a movie for your movie night, try one of these 10 films that economists will love.

Are you interested in doing a PhD in economics but worried about the cost? It's a real concern for many, and can dramatically affect your decision-making process. If you live in the United Kingdom you could end up in around fifty thousand pounds worth of debt at the end of your three years, and in the United States even more. The psychological effects of having this weigh over you, not only while you're studying but also afterwards while you search for a job and begin to work, can be massive. 

The following article is an analysis of data taken from the INOMICS Salary Report 2020/21 - which is available to download in full here. Specifically, this article looks at the average salaries of economists around the world working in academia, the public sector and the private sector. It is the first instalment in a series of insights handling the Report’s findings.

Whether you’re a graduate student giving a presentation for a course or a researcher presenting at a conference, being able to give an engaging and well-prepared presentation is a valuable skill for anyone in academia – in COVID times it is invaluable. Today, hardly a talk is given without an accompanying PowerPoint presentation full of flashy graphs, images, exploding sub-titles, and often far too many bullet points.

When applying for an academic position as a researcher, lecturer, or for a fellowship, a cover letter is usually required to accompany your CV. Stating your particular interest in the role, and showing how your academic and work experience enables you to excel at the job, is the aim of a successful cover letter. They can be one of the most important parts of your application, giving the recipient an idea of who you are and what your relevant expertise is. Essentially, it's the first impression an institution will have of you, so it's important to get it right.

What does it take to succeed as an economics student? What qualities make a good economics student – one who thrives at university, enjoys their economics degree, and then, once it's all done and dusted, who goes and gets a good job? These are big questions – there's no doubt – and their answers may not immediately be clear. 

When you apply for an economics PhD, you will need to write not just a research proposal but also a letter of motivation. This letter describes why you wish to undertake a PhD and why you would be well-suited to researching your proposed topic. But what needs to go in this letter, and what tone is appropriate for it? To give you some ideas, INOMICS is sharing a sample economics letter of motivation, as well as offering advice on how to write your own, so you can maximize your chances of getting accepted. If you plan to start your PhD application this autumn, you can download our free guide "How to successfully apply to a PhD in Economics".

It’s a tough time to be a teacher. COVID has meant that schools and universities have closed and reopened countless times, leaving teachers oscillating between online learning and socially-distanced classes onsite, often with little support to facilitate the constant migration between the two. And yet, as a cohort they have responded remarkably, working tirelessly, innovatively, and determinedly to ensure that education has – mostly – been able to continue.

Teaching in any capacity, let alone in economics, can be a daunting prospect: the prepping, marking, not to mention the actual teaching. It’s hard work. This reality is most acutely felt when you are starting out or moving institutions and having to settle in somewhere new. In both instances, the pressure and workload can feel intense. That is why it's useful – if not essential – to be aware of all the support that's out there, most of which – conveniently – is free and accessible online. So, without further ado, here are ten of our favourite tools for helping teach economics.

Starting a PhD is an incredibly daunting task. Normally at least 3 years, there are some challenges that you are almost certainly going to have to face during the program. Below we look at some of the biggest (and most common) problems that PhD students encounter.

If you're thinking about which direction to take your research career, one possibility is the professor route, teaching and researching in a university context. This is one of the most desirable jobs among young academics, and something that people often strive for. But what are the pros and cons of working as a college professor?

Whether you are applying to a structured program like those typically found in the United States, an independent research PhD like those in much of Europe and elsewhere, or a hybrid of the two, the first step is to gather your thoughts (and paperwork) in an effort to convince the admissions board that you are the most qualified and motivated candidate for the position. Regardless of location or discipline, your application will almost certainly include a personal statement, transcripts, copies of your previous degrees and letters of recommendation. If you plan to start your PhD application this autumn, download our free guide "How to successfully apply to a PhD in Economics".

Networking is one of the most important parts of a conference, but lots of people find it hard to engage with other people. At conferences it's even more difficult: you're talking with so many people, many of whom are successful businesspeople or established academics.

Once you've handed in your thesis, you still have one big challenge to overcome before you're finished with your PhD: the thesis defense. This is an opportunity for you to present your research publicly and to answer questions about it from your thesis committee. The process can be tough going, especially if you've never had to do anything like this before. That being said, there are a few ways to make sure you survive – and even perform very well in – your thesis defense.

Doing a PhD will make you an expert in your research topic, but, beyond that, it will also teach you a number of valuable lessons which are applicable to other jobs and your personal life. Here are some of the most useful lessons that you'll learn from undertaking your own independent research project. If you plan to start your PhD application this autumn, download our free guide "How to successfully apply to a PhD in Economics".

When you apply to present at an economics conference, you'll often be asked to provide a letter of motivation along with your abstract and CV. This is used to decide which applicants will be invited to give a talk or poster presentation at the conference. But what information should this letter of motivation contain, and what's the best way to increase your chances of being accepted to present?