Markets Economists study trade, production and consumption decisions, such as those that occur in a traditional marketplace. Electronic trading brings together buyers and sellers through an electronic trading platform and network to create virtual market places. Microeconomics examines how entities, forming a market structureinteract within a market to create a market system. These entities include private and public players with various classifications, typically operating under scarcity of tradable units and light government regulation.
Economics Personal Statement Example Economics Personal Statement My wish to study economics has grown out of an increasing interest in current affairs in the media, and my growing sense that most things in the public world come down to considerations of finance.
It also has the attraction of immediate relevance. The present economic crisis is momentous, with wealthy countries suddenly, in a few months, coming to the edge of bankruptcy, and the new economies of Asia suffering the disappearance of the markets that have given them prosperity.
To work in this field, and to run a business equipped with a sound knowledge of economics, seems to me to be of the utmost human importance and offers great professional satisfaction. The economics I have already studied has given me a good insight into the way the subject affects our lives.
I am keen to study the ways that consumers behave, how monopolies distort markets, and the balance between markets and human welfare. I am also interested in macroeconomic issues such as the interaction of the main sectors of the economy — production, finance and the labour market. The amount of money in the economy, the way aggregate spending is determined and its relation to supply are fascinating questions.
There is much to learn and the concepts are complicated, but the interest, both intellectual and human, is consuming. I was involved in financial modelling with a group of experts, and I wrote translations of papers from Russian into English.
I sat in on company meetings and observed the formulation of company policies. It was a thrilling taste of the reality of the world of big business and international economics.
I also had a brief internship at the Kazakh Embassy in London, working as an assistant to the ambassador and writing translations of papers.
It was exciting to be at the heart of international affairs in this way, and helped me to develop my communication skills and my ability to work with others in a team. At school I had a very active life.
I attended the after-school economics workshop, where we discussed current affairs and argued about economic theories. I was also a keen sportsman, playing football and rugby for the school team, which was good training in self-discipline and cooperation. I also worked in a drama competition as a director and actor.
I am polylingual, having Kazakh as my mother tongue, and fluent Russian and English, a great asset in the modern globalised business environment. The career options open to someone equipped with an economics degree seem immensely diverse and thus very attractive. Economics is a subject that I feel touches on nearly all human activities in some way, from political decisions to questions of household management and planning how we as individuals wish to live.
I have a good academic record, and can promise to make a great success of a degree course, and I hope you will consider my application. This example Economics personal statement should be used as a point of reference when composing your personal statement on your path to university education.In the end, writing an Economics personal statement is hard work.
It is a process for you to figure out if the subject is for you. This statement took up more or less 50+ hours of work, 20+ reviews/editions, with an original draft of 2,+ words. There are no ‘right’ ways to writing your personal statement, but there are many ‘wrong’ ways of doing it.
On this page you will not only find everything you need to know about putting together a professional personal statement, but will also have access to dozens of expertly written ones. Economics Personal Statements We hope our collection of UCAS Economics personal statements provides inspiration for writing your own.
Please do not plagiarise them in any way, or UCAS will penalise your application. NORC at the University of Chicago is conducting a survey on behalf of the American Economic Association (AEA) about the professional climate in economics. Fundamentals:Acting Like an Economist View: Fundamentals:Economic Systems and The Role of Government View: Microeconomics: Doing Business in a Market Economy.
Ucl - Economics Economics – (Cambridge Interview, Exeter, Lse, Ucl, Warwick) Since the financial crisis of , it has become clear to me that Economics .