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item list element: Derivatives of Functions
item list element: The Best Free Online Macroeconomics Courses
item list element: Depression and Anxiety on the University Campus
item list element: MSc in Online Data Analytics for Government
item list element: Online Global Finance and Banking MSc
item list element: Adding a new recruit to your team during the COVID-19 pandemic
item list element: The Lives and Livelihoods Fund
item list element: Best practices for every stage in the job recruitment process during Covid-19
item list element: The Best Behavioral Economics Books
item list element: Inequality
item list element: Applied Statistical Modelling & Health Informatics MSc, PGCert, PGDip
item list element: Global Finance & Banking MSc, PG Dip, PG Cert
item list element: How the Coronavirus Pandemic Broke the Commercial Freight Transport Sector
item list element: High-Salary Career Options for Economists
item list element: 5 Top Tips For Students Dealing With Short Answer or Multiple Choice Exams
item list element: The Racial Inequalities of COVID-19
item list element: Mathematics Free Online Courses
item list element: Tips for recruiting students during Covid-19
item list element: The INOMICS Questionnaire: Fratzscher vs Jackson
item list element: Survey: Is "To Whom It May Concern” Acceptable on a Cover Letter?
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Derivatives of Functions
type: CreativeWork
title: Derivatives of Functions
description: Derivatives are widely applied in economic modeling and theory, because they are an invaluable tool used to measure the effects and rates of change in economic variables and find the maximum and minimum values of functions. Microeconomists and macroeconomists alike make frequent use of derivatives. The technique is key to solving constrained optimization problems, such as Lagrangian optimization, for the purposes of maximizing utility and profit. Many other decision problems can be represented mathematically and solved using first derivatives. Further, derivatives are often important for understanding why certain models of the economy differ or to examine their underlying assumptions. Using derivatives in economics with a profit example Consider the following production cost function for a good C(q) = k + aq2 where k is a fixed cost, q the number of units produced and a is a parameter representing variable costs. C(q) represents the total cost of production for q units of the good. When making the decision about how much of the good to produce, a profit-maximizing firm will be interested in the cost of producing the last unit of the good (known as the marginal cost) and aim to set this equal to the extra revenue from selling that unit (marginal revenue). Suppose that (total) revenue from selling this good is simply the unit price p times the quantity sold R(q) = pq. Then profit (π) will be revenue minus cost π(q) = R(q) - C(q). Maximum profit is found by taking the first derivative of the profit function and setting it equal to zero: \[\begin{aligned} \frac{\partial\pi\left(q\right)}{\partial q}=\frac{\partial R\left(q\right)}{\partial q}-\frac{\partial C\left(q\right)}{\partial q}&=0\\ \Leftrightarrow\ \ \ \frac{\partial R\left(q\right)}{\partial q}&=\frac{\partial C\left(q\right)}{\partial q}\\ \Leftrightarrow\ \ \ p&=2aq\\ \Rightarrow\ \ \ q^{*}&=\frac{p}{2a}.\\\end{aligned}\] Since the first derivative of the profit function is zero at this optimal point where p…
disambiguating description: Derivatives of functions are computed using differential calculus. A derivative in calculus is defined as “the rate of change of quantity y with respect to quantity x”. This sounds very similar to the definition for a slope, and in fact the derivative can be thought of as the slope of a curve. This article will discuss the usage of derivatives in economics, but will not explain how to calculate derivatives.
date posted: 2020-09-07T07:22:19Z
date modified: 2026-06-25T12:14:59Z
employment type: onsite
language: en
keywords: Tom Mckenzie
keywords: Derivatives of Function
type: terms
disciplines: economics
disciplines: socialscience
disciplines: econometricsstatisticsquantitative
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Econometrics, Statistics and Quantitative Methods (JEL C)

The Best Free Online Macroeconomics Courses
type: Article
title: The Best Free Online Macroeconomics Courses
description: We understand how difficult it’s been in these last months, the fear, frustration, and now, more recently, the boredom. Many have picked up new hobbies to pass the time, some have started learning a new language, and others, even, have experimented with exercise... As admirable as these endeavours are, a trick is still being missed. For what better way could there be to emerge from all of this madness than with a better grasp of... macroeconomics. Yes, there is none. You’re in luck, too. For there are countless opportunities to do this online, oftentimes for free! Can anyone really say they don’t need a little revision on the functions of GDP, the fluctuations of inflation, or the factors informing unemployment rates?! We thought not. So without further ado, here are our best picks of all that's out there: 1. Macroeconomic Diagnostics (edX) Hosted by the IMF, this course will teach you to assess a country’s macroeconomic situation using practical tools integral to day-to-day macroeconomic analysis. Throughout the 6 weeks of the course, you will learn how to analyze potential output, identify expenditure composition of growth, measure inflation, and assess sources of inflation. You will also gain a grasp of monetary and fiscal policy, develop an understanding of public and external debt sustainability, and learn how to assess the medium-term prospects of any given economy. It’s pretty all encompassing, and best of all it’s free! 2. Macroeconomics for a Sustainable Planet (edX) Run by the prestigious SDG Academy, this course focuses on the potential earth-saving question: is it really possible to develop a thriving global economy in a fair and environmentally-resilient way? At 13 weeks in length, and thus slightly longer than others in the list, the course also manages to squeeze in scrutiny of GDP, assessment of sustainable investment strategies, and takes a look at the rapidly changing labor market. We could not recommend it highly enough. 3. International Macroecon…
disambiguating description: With university life still suffering major disruptions and COVID fatigue reaching new heights, we at INOMICS felt it time for the latest instalment in our ‘online course’ series.
date posted: 2020-08-26T13:55:07Z
date modified: 2026-07-06T13:38:53Z
language: en
keywords: macroeconomics
keywords: William Pearse
keywords: remote
keywords: free
keywords: online learning
type: advice
disciplines: economics
disciplines: macroeconomicsmonetary
disciplines: socialscience
discipline labels: Economics
discipline labels: Macroeconomics and Monetary Economics (JEL E)
discipline labels: Economics and Social Sciences

Depression and Anxiety on the University Campus
type: Article
title: Depression and Anxiety on the University Campus
description: Scarier than all this, though, is the real truth: that it’s not just college students, but all young people. Vindication for this comes from the conclusions of a psychiatric report from 2008 which found young people of student age but who don’t attend college to be equally as likely to suffer from some kind of psychiatric disorder as their college-going counterparts. Non-college attending individuals were more likely to self-medicate with drugs, whereas college students were at a higher risk of having some kind of alcohol misuse disorder. Among the initial sample of over 43,000 respondents, nearly one-half met the criteria for a psychiatric disorder. It’s glaringly obvious there’s a mental health crisis among young people. But why? Money, drugs, and TLC The reasons for this crisis are manifold and complex. The aforementioned 2008 study found that among both young adults of college-going age and the general population as a whole, loss of social support was a heavily contributing element in an increase in risk for psychiatric disorders. Another obvious explanation specific to university-goers could be the pressures students are put under to study long and hard and perform well, troubles mirrored among the non-student population in job insecurity, financial worries and the stress of the 9 to 5. Students are expected to deal not only with their studies, but also the stresses of moving away from home, living somewhere new, being thrust into a community of total strangers, and managing their own finances, all similar worries for young people attempting to purchase their first property and find a decent job. Moreover, n places like the United Kingdom and America, university fees are preposterously high, meaning many students live under financial strain and work part-time jobs – another pressure. But these aren’t the only factors. Said stresses have changed little over time; half a century ago, students were still under pressure to perform well in their exams in an unfamili…
disambiguating description: In recent years, an epidemic has enveloped university campuses across the world - and it's not the COVID-19 coronavirus pandemic. Compared to any other generation of college students in history, current students experience more mental health issues than ever before. Some reports suggest that 35% of freshers in American universities experience anxiety disorders - and this percentage is compounded by the fact that, terrifyingly, nearly 10% of students have considered suicide in the previous twelve months. Since the 1950s, rates of suicides on American campuses have tripled, and it’s now the second most common cause of death among students. In the United Kingdom alone, a student commits suicide every four days.
date posted: 2019-03-21T08:00:00Z
date modified: 2026-07-07T09:33:44Z
employment type: onsite
language: en
keywords: James Matthew Alston
keywords: universities
keywords: mental health
keywords: depression
type: blog
disciplines: economics
disciplines: socialscience
disciplines: business
disciplines: management
disciplines: healtheducationwelfareeconomics
disciplines: civilengineering
disciplines: generaleconomics
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Business
discipline labels: Management
discipline labels: Health, Education, and Welfare (JEL I)
discipline labels: Civil Engineering
discipline labels: General Economics (JEL A)

MSc in Online Data Analytics for Government
type: EducationalOccupationalProgram
title: MSc in Online Data Analytics for Government
description: WHY THIS PROGRAMME The Statistics Group at the University of Glasgow is internationally renowned for its research excellence. Students are able to benefit from this by learning from academics whose expertise covers the analysis of data from a wide range of applications. Designed for part-time study, this programme allows you to gain an MSc degree from a leading university while you're still in full-time employment. Plus, from day one you can start to put your new knowledge to the test at work. You won't have to wait until you've graduated to make a real difference in the workplace. A faster study route, which lets you complete the programme in two years, and a slower study route, which lets you complete the programme in four years, is also available. You will have the freedom to work at your own pace and access to a wide range of learning tools including rich interactive reading material and tutor-led videos. You will also be able to arrange tailored one-to-one sessions with our academic team. PROGRAMME STRUCTURE This flexible part-time programme is usually completed over three years. In the first two years, you will take two courses each trimester. If you are doing the MSc, in the third year you will undertake a project and dissertation. Core courses (MSc / PgDip) SAMPLING FUNDAMENTALS (10 credits) This course introduces students to key concepts from probability theory and provides an introduction to survey sampling with a focus on the underpinning probabilistic mechanisms. STATISTICAL COMPUTING (10 credits) Designed to introduce you to programming in the statistical software environment R. You’ll be introduced to basic concepts and ideas of a statistical computing environment and trained in programming tools which use the R computing environment. The course provides computational skills which will support other courses on the programme and you will learn the fundamental concepts in scientific programming. DATA SCIENCE FOUNDATIONS (10 credits) This course will intr…
disambiguating description: While the amount of data being produced is proliferating at a staggering rate, the skills to extract information and the value we receive from it are both relatively scarce. Analytics and data-driven decisioning is playing an increasingly important role in the economy, society and public administration. Designed together with the Office for National Statistics, our MSc in Online Data Analytics for Government is based on our successful online MSc programme in Data Analytics and will provide you with vital skills required to develop your modelling and data handling expertise. You will gain a firm grounding in the principles of learning from data sets, whilst at the same time getting hands-on experience handling, analysing and visualising data, helping your organisation to maximise the insights and value extracted from its data.
date posted: 2020-05-18T09:08:50Z
date modified: 2022-06-30T09:40:46Z
valid through: 2020-08-30T22:00:00Z
start date: 2020-08-31T22:00:00Z
hiring organization: University of Glasgow
job location: Place
  address: PostalAddress
    address locality: Glasgow
    address region: Scotland
    address country: GB
job location type: TELECOMMUTE
employment type: online
language: en
keywords: data analytics
keywords: government
keywords: master of science
keywords: online
keywords: dutch master
type: program
disciplines: politics
disciplines: publiceconomicspolicy
disciplines: economics
disciplines: socialscience
disciplines: econometricsstatisticsquantitative
disciplines: generaleconomics
disciplines: statistics
discipline labels: Politics
discipline labels: Public Economics & Economic Policy (JEL H)
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Econometrics, Statistics and Quantitative Methods (JEL C)
discipline labels: General Economics (JEL A)
discipline labels: Statistics
more info url: https://www.gla.ac.uk/postgraduate/taught/dataanalyticsforgovernment/

Online Global Finance and Banking MSc
type: EducationalOccupationalProgram
title: Online Global Finance and Banking MSc
description: King’s Business School is the new hub in London for engaging with business, finance and government; where game-changing research informs a contemporary approach to business education, creating socially responsible leaders of the future. Learn from leading academics and active senior finance professionals who will give you the right knowledge and tools to effectively tackle business challenges and support your career aspirations. There will be a strong focus on practical skills, giving you the right knowledge and tools to effectively tackle challenges in the global finance and banking sectors, and support your career aspirations. Fit your studies around your work and life commitments without taking a career break, and start to grow the essential research, analytical and critical thinking skills that you will need to succeed in your future finance career. Why study with King’s Business School? King’s College London has been ranked top in London for business & management studies (The Complete University Guide 2019). The course aims to develop practical skills and maximise employability. Course modules are led by industry leaders to ensure that there are real world applications for all of your learning. King’s Business School provides a highly stimulating intellectual environment, where students access unparalleled academic excellence and study alongside international peers from over 50 countries. Achieve a Postgraduate Certificate in as little as 8 months, a Postgraduate Diploma in 16 months and an MSc in just 2 years. Become part of a large and active community of alumni worldwide. Benefits of online learning: Access world-class teaching and excellent student support, from anywhere in the world, without leaving home. King’s online courses offer the same rigour as on-campus courses. Six intakes per year for maximum flexibility. Small class sizes allow close instructor interaction and collaboration with other professionals from across the globe. The course information s…
disambiguating description: The 100% online MSc in Global Finance & Banking from King’s Business School allows you to explore advanced financial and banking principles, such as investment analysis, analysis of financial statements, models of asset returns, optimal investment & risk and portfolio management.
date posted: 2020-05-18T09:08:47Z
date modified: 2022-06-30T09:40:45Z
valid through: 2020-10-19T22:00:00Z
hiring organization: King’s College London
job location: Place
  address: PostalAddress
    address locality: London
    address region: England
    address country: GB
job location type: TELECOMMUTE
employment type: online
language: en
keywords: master's
keywords: online
keywords: global finance
keywords: banking
type: program
disciplines: internationaleconomics
disciplines: economics
disciplines: financialeconomics
disciplines: socialscience
disciplines: finance
discipline labels: International Economics (JEL F)
discipline labels: Economics
discipline labels: Financial Economics (JEL G)
discipline labels: Economics and Social Sciences
discipline labels: Finance
more info url: https://www.kcl.ac.uk/study/postgraduate/taught-courses/global-finance-and-banking-msc

Adding a new recruit to your team during the COVID-19 pandemic
type: Article
title: Adding a new recruit to your team during the COVID-19 pandemic
description: In light of this, we’ve created a to-do list with pointers and tips, to help you welcome and acclimatize your newest team members while the pandemic is still ongoing. Publish and make employees aware of health and safety guidelines Should employees need to go into the office, whether regularly or sporadically, they ought to be familiar with the health and safety guidelines of the office. Hold a virtual meeting to bring new team members up to speed with the policies of your office. Send out periodic emails and post signs on the noticeboards and in thoroughfares in the office with the necessary information on the coronavirus pandemic and how employees can work along with each other and their employer, to reduce the risk of spreading the virus. Information on local testing centers should also be provided; if employees are deemed at risk, they should easily know where they can be tested. Newly recruited team members may be coming from different regions or countries and so preparing a small virtual welcome packet with the regional and/or country rules on COVID-19, will certainly streamline the adjustment process for employees. This will protect team members as well as your institution or company by ensuring the people who make your entity successful, are as healthy, comfortable, happy and productive as can be. Facilitate virtual social events Colleagues connecting with one an another has never been more important. Social distancing rules and remote working have created barriers to normal human interaction and has negatively impacted regular socializing amongst colleagues. The need to find creative ways for team members to bond and feel a sense of togetherness is now more crucial than ever. To this end, we recommend organizing or otherwise facilitating designated hours at the end of the workday for team members to virtually mingle, share a drink or a meal or, to just unwind after a day’s work. A good idea is to designate the last hour of the last workday of the week to a …
disambiguating description: Although recruiting efforts were initially slowed due to the coronavirus pandemic, things are picking up again. Companies, organizations and academic institutions all seem to be getting back into the swing of things.
date posted: 2020-10-13T07:50:11Z
date modified: 2026-07-06T13:40:50Z
language: en
keywords: job recruitment
keywords: recruiter
keywords: onboarding
keywords: coronavirus
keywords: pandemic
keywords: corona
keywords: covid19
type: advice
disciplines: economics
disciplines: socialscience
disciplines: business
disciplines: businesseconomics
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Business
discipline labels: Business Economics (JEL M)

The Lives and Livelihoods Fund
type: Article
title: The Lives and Livelihoods Fund
description: Download the INOMICS Handbook With 11 years left to 2030, there is a sense of urgency and a recognition that innovative approaches are necessary to overcome the challenges IsDB Member Countries face in reaching the SDGs. This is where The Lives and Livelihoods Fund (LLF) comes in. Launched in 2016, the LLF is the product of a unique partnership model that provides highly concessional financing up to US$2.5 billion. It does so by combining the ordinary financing of the IsDB with donated grants from the King Salman Humanitarian Aid and Relief Centre (KSRelief) in the Kingdom of Saudi Arabia, the Qatar Fund for Development (QFFD), the Abu Dhabi Fund for Development (ADFD), the Bill & Melinda Gates Foundation, the Islamic Solidarity Fund for Development (ISFD), and the UK’s Department for International Development. Recipient low-income member countries pay back the IsDB while donors indirectly cover the markup rate under IsDB financing, in doing so dramatically reducing the cost of borrowing. The LLF, a bonded partnership compact between some of the biggest development organizations in the Gulf, targets the key drivers of poverty in the most marginalized Muslim populations. In particular, it seeks to address critical needs in health (specifically, primary healthcare & infectious disease control) agriculture (smallholder farmers’ production & productivity), and basic infrastructure. The development impact of LLF investments is maximized further by combining technical support from international donors, innovative implementation models involving the private sector, and a special Project Preparation and Implementation Facility (PPIF). The PPIF is devoted to increasing the relevance, readiness and results (the 3Rs) of projects eligible for LLF funding, measuring them against a refined criteria for selection, and thus laying the foundations from which millions of lives can be saved and livelihoods secured. Thanks to the relentless efforts of the LLF Management Unit, in close …
disambiguating description: Four years ago, the world adopted an ambitious set of Sustainable Development Goals (SDGs) designed ‘to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030’. Despite rising life expectancy and the eradication of many endemic diseases, more than 400 million people in the member states of the Islamic Development Bank (IsDB) still live in absolute poverty, subsisting on less than US$1.90 per day. It is, perhaps, these countries that face the greatest challenges in fulfilling the SDGs. Traditional methods of development finance have struggled to alleviate the extreme poverty in some regions of the world, leaving the poorest populations without the basic building blocks needed to lead healthy lives and build dignified livelihoods. Many remain deprived of primary healthcare, protection against infectious diseases, a sufficient and nutritious food supply, potable water, clean power, and sanitation.
date posted: 2020-08-03T09:58:38Z
date modified: 2026-07-07T09:34:42Z
language: en
keywords: development
keywords: poverty
keywords: sustainability
type: blog
disciplines: politics
disciplines: microeconomics
disciplines: publiceconomicspolicy
disciplines: economics
disciplines: macroeconomicsmonetary
disciplines: socialscience
disciplines: economicdevelopmentgrowth
disciplines: healtheducationwelfareeconomics
disciplines: finance
discipline labels: Politics
discipline labels: Microeconomics (JEL D)
discipline labels: Public Economics & Economic Policy (JEL H)
discipline labels: Economics
discipline labels: Macroeconomics and Monetary Economics (JEL E)
discipline labels: Economics and Social Sciences
discipline labels: Economic Development, Innovation and Growth (JEL O)
discipline labels: Health, Education, and Welfare (JEL I)
discipline labels: Finance

Best practices for every stage in the job recruitment process during Covid-19
type: Article
title: Best practices for every stage in the job recruitment process during Covid-19
description: Here we’ve compiled a list of tips and solutions to help make your recruitment plans more befitting. Job Advertising: Communication is key! Being as clear as possible in the job description in terms of the role, expectations and tasks to be performed, will help build a good rapport and trust with job applicants. Include flexible working hours, childcare, health insurance and the possibility to work remotely to incentivize applicants. Consistency and clarity in your recruitment offer should be achieved through cooperation between the HR, PR and marketing departments. Processing Applications: A clear application process should be defined by the HR department to ensure the timely and efficient processing of incoming applications. Information should also be communicated to applicants promptly and succinctly and updates should be given regularly. These will help boost your status as an employer and score you points in the minds of prospective employees, building overall positive associations with your institution and brand. Current employees should also be kept in the loop when recruiting new candidates; don’t forget to update team members and let them know who will be joining them and when. Rakuna is a great one-stop shop for optimizing your recruiting needs. From automating interview scheduling, to digitizing the entire application process, Rakuna can help you to centralize your recruitment activities, boost candidate experience and build employer branding. If you want to learn more about the risks and challenges for job recruitment during the 2020 pandemic, download our e-guide resource about recruitment during Covid-19. ➲ Download our e-guide "Recruitment during Covid-19" here Candidate pre-selection: If your vacancy requires a pre-assessment of skills, ensure the test or interview can be done remotely. The software and hardware needs and constraints of the candidate also need to be taken into account; if your assessment requires a certain browser, speed of internet …
disambiguating description: COVID-19 has undoubtedly brought about fundamental changes in the ways in which we have traditionally approached recruiting. Job recruiting strategies have to be flexible and dynamic to ensure they fit with the current climate.
date posted: 2020-08-12T10:30:26Z
date modified: 2026-07-06T13:41:50Z
employment type: onsite
language: en
keywords: job advertising
keywords: job recruitment
keywords: hiring
keywords: coronavirus
keywords: onboarding
keywords: covid19
type: advice
disciplines: economics
disciplines: socialscience
disciplines: business
disciplines: businesseconomics
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Business
discipline labels: Business Economics (JEL M)

The Best Behavioral Economics Books
type: Article
title: The Best Behavioral Economics Books
description: If you’re on the hunt for a behavioural economics program, or if you’re currently studying and just want to make sure you stay in the know, it’s definitely worth browsing some of the best books which have been written on the subject over the last few years. Maybe it’ll make you feel as though you’ve done something productive today! INOMICS and our parent company 11 Academia Networks are Amazon Associates, meaning we are a part of their affiliate program. This article contains affiliate links, which means we may earn money through any qualifying purchases made after you click through. However, this is not a sponsored post. Misbehaving: The Making of Behavioral Economics - Richard Thaler Nobel Prize winning behavioral economist megastar Richard Thaler brings us a beautifully written, engaging, often funny look into the world of a discipline he helped get to its feet. Building on the work of a previous book, Nudge, which he cowrote with Cass R. Sunstein, it simultaneously deals with the principles of behavioral economics while also describing the troubles he had convincing other economists of the importance of irrationality when it comes to economics. Behavioral economics takes many of its cues from psychology, coupled with ‘a practical understanding of incentives and market behavior’, and Thaler attempts to help the reader make better decisions - in business, in government, and in life. Predictably Irrational: The Hidden Forces That Shape Our Decisions - Dan Ariely Most of us think that rational behavior guides our actions - that we are always making decisions that can be justified. But when we take a step back to think about chain smoking, junk food, extreme sports, and going back for sixths at all-you-can-eat buffets, it becomes clear this isn’t the case. Ariely, behavioral economist at MIT, attempts to answer the question of why seemingly intelligent humans don’t always act in their own interests (as orthodox economics believes) and instead make irrational decision…
disambiguating description: The current circumstances can be tough: being isolated from families and friends is difficult, and having to spend most of our time inside isn’t particularly healthy. However, there is one thing you can spend a lot of time doing which will improve your quality of life exponentially: reading!
date posted: 2020-07-28T07:00:00Z
date modified: 2026-07-06T13:42:45Z
employment type: onsite
language: en
keywords: behavioural economics
keywords: James Matthew Alston
keywords: books
keywords: behavioral economics
type: advice
disciplines: microeconomics
disciplines: economics
disciplines: macroeconomicsmonetary
disciplines: socialscience
disciplines: generaleconomics
discipline labels: Microeconomics (JEL D)
discipline labels: Economics
discipline labels: Macroeconomics and Monetary Economics (JEL E)
discipline labels: Economics and Social Sciences
discipline labels: General Economics (JEL A)

Inequality
type: CreativeWork
title: Inequality
description: The total income in an economy is distributed among its citizens and every one receives a certain share of this income. In most societies the majority of the people earn a comparatively low income relative to the average income. That is, in most countries the median income is lower than the mean (or average) income, implying that for the majority of people their share of the total income is small. At the same time, a few very rich people with extremely high salaries own a large share of the income in an economy. This means that income is distributed unequally, because a few people have a lot, while the majority of the population has very little. In a perfectly egalitarian world in which everyone earned the same, income would be distributed equally. Just imagine the economy as a whole as a small firm. The money that the firm earns is distributed among its employees. Usually the boss or CEO obtains the highest share followed by managers or employees in leading positions. The other employees receive lower shares depending on their position and the cleaning and maintenance stuff will earn the least. If you are studying economics (or had some economics courses during your degree) you will know that we economists usually care about whether the distribution of resources is efficient and whether redistribution can increase efficiency. An efficient distribution however does not have to be fair or just (see Pareto efficiency). While there is widespread consensus among economists that efficiency is a desirable property, economists do not agree on whether inequality is problematic or not. Or to be more precise, no one knows what would be a good level of inequality. Most economists agree that a certain level of inequality is necessary to make sure that individuals or firms have an incentive to innovate and exert effort, which is crucial for economic growth. The possibility to earn (and consequently consume) more than others provides an incentive for firms to invent new products …
disambiguating description: Inequality in economics refers to the study of the (unequal) distribution of resources within a society. Usually when economists talk about inequality they mean income inequality, i.e., the unequal distribution of the total income in an economy among its citizens. Sometimes the term inequality is used in other contexts as e.g. wealth inequality or also inequality of opportunities or consumption.
date posted: 2020-08-03T10:10:43Z
date modified: 2022-05-13T15:30:56Z
language: en
keywords: Mirjam Sarah Salish
keywords: Inequality
type: terms
disciplines: publiceconomicspolicy
disciplines: economics
disciplines: socialscience
disciplines: economicdevelopmentgrowth
disciplines: healtheducationwelfareeconomics
discipline labels: Public Economics & Economic Policy (JEL H)
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Economic Development, Innovation and Growth (JEL O)
discipline labels: Health, Education, and Welfare (JEL I)

Applied Statistical Modelling & Health Informatics MSc, PGCert, PGDip
type: EducationalOccupationalProgram
title: Applied Statistical Modelling & Health Informatics MSc, PGCert, PGDip
description: You will receive world-class training in core statistical, machine learning and computational methodology, and you will have the opportunity to apply your skills to real-life settings facilitated by the world-leading Institute of Psychiatry, Psychology & Neuroscience. The course will apply to a broad spectrum of graduates preparing for a career in medical statistics and health informatics, or professional methodologists and clinical researchers working in the private or public health sector. This course is also suitable if you are a graduate in/work in the fields of computer science, maths, physics, engineering and natural science, including psychology and medicine. Key benefits Specialist careers for those interested in applied statistical modelling and health informatics within a modern information and knowledge-based medical research setting. Valuable insight from those working at the cutting edge of these fields. A unique flexibly-structured programme ideal for researchers in industry and academia hoping to obtain methodological skills to boost their research excellence and employability. Develop your skills in multimodal and big data analysis techniques. Learn how omics, electronic health records, social media, wearables and smartphone data are used to benefit the patient. Apply your skills to real-life health settings facilitated by the world-leading Institute of Psychiatry, Psychology & Neuroscience. Access the IoPPN’s statistical and health informatics research groups and benefit from our links with industry and the NHS. Benefit from outstanding career, networking and mentoring opportunities.
disambiguating description: This course has been created to deliver a skill set and knowledge base in “multimodal” and “big data” analysis techniques, which are a recognised scarcity within UK Life sciences.
date posted: 2020-08-17T09:34:10Z
date modified: 2020-08-17T10:06:58Z
hiring organization: King’s College London
job location: Place
  address: PostalAddress
    address locality: London
    address region: England
    address country: GB
job location type: TELECOMMUTE
employment type: online
language: en
keywords: statistical modelling
keywords: health
keywords: informatics
type: program
disciplines: economics
disciplines: socialscience
disciplines: econometricsstatisticsquantitative
disciplines: statistics
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Econometrics, Statistics and Quantitative Methods (JEL C)
discipline labels: Statistics
more info url: https://www.kcl.ac.uk/study/postgraduate/taught-courses/applied-statistical-modelling-health-informatics

Global Finance & Banking MSc, PG Dip, PG Cert
type: EducationalOccupationalProgram
title: Global Finance & Banking MSc, PG Dip, PG Cert
description: King’s Business School is the new hub in London for engaging with business, finance and government; where game-changing research informs a contemporary approach to business education, creating socially responsible leaders of the future. Learn from leading academics and active senior finance professionals who will give you the right knowledge and tools to effectively tackle business challenges and support your career aspirations. There will be a strong focus on practical skills, giving you the right knowledge and tools to effectively tackle challenges in the global finance and banking sectors, and support your career aspirations. Fit your studies around your work and life commitments without taking a career break, and start to grow the essential research, analytical and critical thinking skills that you will need to succeed in your future finance career. Why study with King’s Business School? King’s College London has been ranked top in London for business & management studies (The Complete University Guide 2019). The course aims to develop practical skills and maximise employability. Course modules are led by industry leaders to ensure that there are real world applications for all of your learning. King’s Business School provides a highly stimulating intellectual environment, where students access unparalleled academic excellence and study alongside international peers from over 50 countries. Achieve a Postgraduate Certificate in as little as 8 months, a Postgraduate Diploma in 16 months and an MSc in just 2 years. Become part of a large and active community of alumni worldwide. Benefits of online learning: Access world-class teaching and excellent student support, from anywhere in the world, without leaving home. King’s online courses offer the same rigour as on-campus courses. Six intakes per year for maximum flexibility. Small class sizes allow close instructor interaction and collaboration with other professionals from across the globe.
disambiguating description: The 100% online MSc, PG Dip & PG Cert in Global Finance & Banking from King’s Business School allows you to explore advanced financial and banking principles, such as investment analysis, analysis of financial statements, models of asset returns, optimal investment & risk and portfolio management.
date posted: 2020-08-17T09:34:11Z
date modified: 2020-08-17T10:12:06Z
hiring organization: King’s College London
job location: Place
  address: PostalAddress
    address locality: London
    address region: England
    address country: GB
job location type: TELECOMMUTE
employment type: online
language: en
keywords: global finance
keywords: banking
type: program
disciplines: economics
disciplines: financialeconomics
disciplines: socialscience
disciplines: finance
discipline labels: Economics
discipline labels: Financial Economics (JEL G)
discipline labels: Economics and Social Sciences
discipline labels: Finance
more info url: https://www.kcl.ac.uk/study/postgraduate/taught-courses/global-finance-and-banking-msc

How the Coronavirus Pandemic Broke the Commercial Freight Transport Sector
type: Article
title: How the Coronavirus Pandemic Broke the Commercial Freight Transport Sector
description: China is the driving force of the shipping sector, and therefore the state of this sector is closely connected to China’s plight, which is a significant trade partner of many countries, as well as the leading shipbuilder; furthermore, the world’s busiest and most important container ports are located in China. Major shipping volumes from China, which recently flooded the world, have stopped along with the idle standing of industry in China. Moreover, every country has introduced its own transport regulations. This enormous chain of logistics, which started in China in the transport sector, was cut drastically by the pandemic, causing serious and already irreversible consequences in the global shipping sector. Check out more INOMICS blog posts Due to various current restrictions, individual ports returned the freight containers to the ports of origin. As recession set in and demand and supply decreased, a response to the ongoing idle standing in the Chinese ports. Since China is also a significant importer of crude oil, nationwide downturn in economic activity had a negative effect on demand for the crude oil tankers. Overall, capacity of China in ports decreased by 20% to 50%. Lack of labour in Chinese maritime segments simultaneously affected the whole trade. Percentage drop was inevitable According to the optimistic scenario of the World Trade Organisation, in 2020, demand for container transport will decrease by 10%. According to the Baltic and International Maritime Council (BIMCO) data, global container transport decreased by 5.1% in the first quarter, and, compared to last year, these volumes dropped by 2.1 million Twenty Foot Equivalent Unit (TEU) to 38.2 million tons TEU. Export along key routes from East Asia to Europe decreased by 12.0% in the 1st quarter, to Northern America by 9.4%. The number of orders of new container ships has also decreased by 36.8% - down to 153,422 TEU compared to last year. Idle standing of fleets remains very high. Falling intere…
disambiguating description: Coronavirus has had a broad impact on the global economy. Particularly affected were the tourism, trade and industrial sectors, including the export and import markets. Demand for and consumption of goods decreased, and so did the international freight transport sector. The COVID-19 crisis continues to severely affect the container transport market and the current economic situation gives no hope for short-term recovery.
date posted: 2020-07-21T07:00:00Z
date modified: 2026-07-07T09:35:57Z
language: en
keywords: shipping
keywords: coronavirus
keywords: covid-19
keywords: corona
type: blog
disciplines: internationaleconomics
disciplines: economics
disciplines: socialscience
disciplines: business
disciplines: healtheducationwelfareeconomics
disciplines: industrialorganization
disciplines: urbanruraltransportationeconomics
discipline labels: International Economics (JEL F)
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Business
discipline labels: Health, Education, and Welfare (JEL I)
discipline labels: Industrial Organization (JEL L)
discipline labels: Urban, Rural and Transportation Economics (JEL R)

High-Salary Career Options for Economists
type: Article
title: High-Salary Career Options for Economists
description: All of that not enough to put you off? This INOMICS writer admires your determination. Despite the many pitfalls on the way to becoming rich, and despite the fact it might not be all that good when you get there, it is true that an economics degree can stand you in good stead to make some decent coin. An investigation from GoodCall found the third most likely degree millionaires have is one in economics, behind engineering and an MBA. To that end, we’ve listed some of the most remunerative jobs for economists to consider if they’re planning on making a nice (though not necessarily quick) buck. Download the INOMICS Handbook! Trading finances Perhaps not the first job economists think of when they graduate, but traders can make a hell of a lot of money if they’re particularly good at their jobs. Trading isn’t quite the same as stockbroking (as if you didn’t know): the stockbroker generally helps interested parties find, buy, and sell stock, agreeing prices between buyers and sellers, whereas the trader actually purchases and sells the stock themselves, sometimes with the help of a stockbroker. You’ll have to be on the ball for this role, monitoring the financial market and the performance of securities, and you’ll need to accurately analyse and evaluate costs, risks, and returns. How much you’ll earn doing this is highly dependent on your skills. The average salary according to Zippia.com is just $56,000, but as you might guess, some traders can earn far, far more money than this, becoming multi-millionaires - think the Wolf of Wall Street. (We here at INOMICS recommend always playing by the rule book and not engaging in any of the illicit activities Jordan Belfort did. Aside from that, Belfort was a stockbroker, not a trader, but you get the point.) Managing compensations and benefits Like the spread of germs? As a Compensations and Benefits Manager your grubby mitts will be handling money all day long. You’ll be looking after a company’s payment system and its emplo…
disambiguating description: Before you start considering what crazy lucrative job you are going to get with your economics degree, consider this fact: a lot of rich people don’t like their money. Many complain about not knowing what to do with it all, yet simultaneously having huge anxiety they’ll lose it. They moan about their friends treating them like walking bank accounts, being judged for not looking the part, and no longer being able to visit - how to put it delicately? - less refined establishments. Many work like dogs in jobs they don’t find fulfilling to top up the coffers, only to realise they never have any time to have fun with it. And all jokes aside, some studies suggest that, while earning more money than the national average does improve life satisfaction, once you get past a certain salary threshold, money stops making you any happier. (Depending on where you live, this is around $100,000.)
date posted: 2020-07-16T07:00:00Z
date modified: 2026-07-06T13:43:32Z
language: en
keywords: economics jobs
keywords: career
keywords: James Matthew Alston
keywords: economics degree
type: advice
disciplines: economics
disciplines: socialscience
disciplines: generaleconomics
disciplines: finance
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: General Economics (JEL A)
discipline labels: Finance

5 Top Tips For Students Dealing With Short Answer or Multiple Choice Exams
type: Article
title: 5 Top Tips For Students Dealing With Short Answer or Multiple Choice Exams
description: 1. Focus on the details Unlike in essay exams - where one shouldn't stress about the details but rather focus on the big picture - short essay or multiple choice tests are all about the details. You need to be able to remember the facts which have been taught in the course over the semester, and to be able to explain these facts in a couple of sentences. For this reason, focus your revision on remembering key facts. 2. Use techniques to help you memorise information If you're having trouble memorising facts and figures, first try writing out the information by hand several times. Often you'll find that just the act of copying the information down several times will be enough to lodge it securely in your head. But if that's not working, and you have a lot of tricky information such as dates or chemical formulae to remember, try flashcards. Take a stack of postcard-sized piece of paper, and write down one fact to be remembered on each sheet. Then either use these cards to test yourself, or put them around your room, or house, so you see them regularly. Do this in the weeks leading up to your big day and remembering should not be a problem. 3. Don't overthink your answers When it comes to multiple choice exams in particular, the questions can sometimes be written tricky, vague(ish) way. Sometimes you have to select the “one correct answer” from four possible answers, all of which sound at least a little true. In this instance, it may tempting to select multiple answers, or to write information in the margins which explains your choice. Do not do this! Multiple choice tests are often marked automatically by a computer, or by someone without any experience in the area in question. So if you write extra information, it probably won't even get read, and you may even lose marks for not answering the question “correctly”. So how do you cope with an ambiguous question? The best technique to not overthink your answer. If there is one answer that seems obvious, and the other an…
disambiguating description: No need to stress about your university exams – INOMICS is here to help! (Well, stress a little bit, that's healthy and can serve as motivation, but no need to freak out). Having already dispensed advice on facing down essay exams, this article turns to two other university exam formats – short answer questions and multiple choice tests. These kind of exams require a different sort of preparation from essay or oral exams, preparation that the following will take you through.
date posted: 2016-09-27T14:53:10Z
date modified: 2026-07-06T13:44:33Z
employment type: onsite
language: en
keywords: study advice
keywords: exams
keywords: study tips
keywords: multiple choice
type: advice
disciplines: politics
disciplines: marketing
disciplines: economics
disciplines: education
disciplines: law
disciplines: socialscience
disciplines: business
disciplines: psychology
disciplines: management
disciplines: generaleconomics
disciplines: finance
disciplines: statistics
discipline labels: Politics
discipline labels: Marketing
discipline labels: Economics
discipline labels: Education
discipline labels: Law
discipline labels: Economics and Social Sciences
discipline labels: Business
discipline labels: Psychology
discipline labels: Management
discipline labels: General Economics (JEL A)
discipline labels: Finance
discipline labels: Statistics

The Racial Inequalities of COVID-19
type: Article
title: The Racial Inequalities of COVID-19
description: The reality Some, it seems, are without even a paddle. The UK’s Office for National Statistics (ONS) analysed COVID-19 related deaths during the virus’s peak between March and May, and found that, when adjusted for socio-economic factors and geographical location, the risk of death involving COVID-19 was twice as likely for black males than for their white counterparts, and 1.4 times greater for black females than theirs. Those of Bangladeshi, Pakistani, and Indian backgrounds, while not quite as endangered, also fared far worse than white ethnic groups, completing a picture of a distinctly unequal society. Although the US federal structure makes national data harder to compile - race or ethnicity is known for around half of all cases and 90% of deaths - the distribution of suffering falls on similar lines: communities of colour shoulder the greatest burden. The COVID Racial Tracker, a joint initiative of the Antiracist Research & Policy Center and the COVID Tracking Project, attempts to aggregate state data, detailing the extent to which this is true. Among its more shocking findings, it showed that nationally, Black Americans ‘are dying at a rate more than 1.5 times higher than their population share’, and that in four states, that rate was three or more times greater. Similar trends were found in relation to Hispanics and Latinx, who in 42 states make up a much greater share of confirmed cases than their proportion of the population. In eight of those states, it was reported four times greater. Battered by the virus, these communities have also felt the sharpest end of the financial fallout. In the UK, the IFS Deaton Review revealed that Bangladeshi, Pakistani, black African and black Caribbean men are far more likely to have endured loss of income, or redundancy. While in America, one study found that black adults, who already suffered far higher unemployment rates pre-COVID, ‘are twice as likely to have been laid off or furloughed as white adults’. As of June 2…
disambiguating description: Dubbed ‘the great equalizer’ at its outset, COVID-19 has often been described as picking its victims at random. Blind to race, ethnicity, and gender, it sees just a human body, a host that enables it to do what all pathogens are programmed to do: spread. While this, from a biological perspective, may be true, the disease’s sweep of the globe has been anything but equalising. Data from both the US and UK - who along with Brazil compete for the honour of worst pandemic response - show that in terms of cases and deaths, minorities are hugely overrepresented. We may all be weathering the same storm, but as Dr Zubaida Haque has put it, ‘we are not in the same boat’.
date posted: 2020-07-09T10:40:33Z
date modified: 2026-07-07T09:38:27Z
employment type: onsite
language: en
keywords: COVID-19
keywords: William Pearse
keywords: racial inequality
keywords: coronavirus
keywords: corona
type: blog
disciplines: politics
disciplines: publiceconomicspolicy
disciplines: economics
disciplines: socialscience
disciplines: labordemographiceconomics
disciplines: healtheducationwelfareeconomics
discipline labels: Politics
discipline labels: Public Economics & Economic Policy (JEL H)
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Labor and Demographic Economics (JEL J)
discipline labels: Health, Education, and Welfare (JEL I)

Mathematics Free Online Courses
type: Article
title: Mathematics Free Online Courses
description: Once again, all courses listed here are available in English and range from beginner to advanced levels in terms of difficulty. While some are open tutorials available at any time of the year, others have opening and closing dates for participation. During these bizarre times of the coronavirus COVID-19 pandemic, these courses are a great way to stay at the top of your academic game. Check out our full range of online courses 1. Introduction to Mathematical Thinking Course provider: Coursera Duration: 40 hours Skill level: Intermediate 2. Introduction to Calculus Course provider: Coursera Duration: 51 hours Skill level: Intermediate 3. Mathematics for Data Science Specialization Course provider: Coursera Duration: 6 months, 4 hours a week Skill level: Beginner 4. Mathematics for Machine Learning Specialization Course provider: Coursera Duration: 4 months, 4 hours a week. Skill level: Beginner 5. Introduction to Discrete Mathematics for Computer Science Specialization Course provider: Coursera Duration: 6 months, 5 hours a week Skill level: Beginner 6. Intro to Statistics Course provider: Udacity Duration: 2 months Skill level: Beginner 7. Differential Equations in Action Course provider: Udacity Duration: 2 months Skill level: Intermediate 8. Intro to Descriptive Statistics Course provider: Udacity Duration: 2 months Skill level: Beginner
disambiguating description: Given the excellent feedback we received from our audience on an earlier blog post that compiled a list of free econometrics courses online, we have now prepared for you a list of free online courses (MOOC format) that you can take in the discipline of mathematics. Like econometrics, proficiency in math is a prerequisite for performing well in economics courses at all reputable universities around the world. The knowledge required may range from high school algebra and differential equations to understanding the basics of logic and analysis of algorithms.
date posted: 2013-09-16T22:00:00Z
date modified: 2026-07-06T13:45:27Z
language: en
keywords: economics
keywords: mathematics
keywords: online
keywords: course
keywords: math
keywords: Econometrics
type: advice
disciplines: economics
disciplines: socialscience
disciplines: mathematics
disciplines: econometricsstatisticsquantitative
disciplines: generaleconomics
disciplines: statistics
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Mathematics
discipline labels: Econometrics, Statistics and Quantitative Methods (JEL C)
discipline labels: General Economics (JEL A)
discipline labels: Statistics

Tips for recruiting students during Covid-19
type: Article
title: Tips for recruiting students during Covid-19
description: Among the most common challenges faced by Universities we find the need to deliver course curriculum adaptable for e-learning experiences; the need to provide a solution to the current dilemma of international students, start their studies online, delay the start of their studies or turn to local institutions to start their studies; the demand for hosting virtual campus tours, virtual Q&A sessions, among others. If you want to learn more about the risks and challenges for student recruitment during the 2020 pandemic, download our e-guide resource about recruitment during Covid-19. ➲ Download our e-guide "Recruitment during Covid-19" here Tips for recruiting students during Covid-19 times Covid-19 has brought changes and limitations due to mobility restrictions, a changing economic environment, and a shift of priorities among students and their families. The first step towards maintaining a healthy recruitment strategy includes revising the education offer of universities and adapting to the current needs of students. Making clear in the offer, the possibility to start the studies online and then transfer remaining classes on campus, the possibility of virtual onboarding sessions, online courses to collect degree credits, online pre-masters and pre-bachelor’s with easy-track to a on campus degree, and cultural immersion experiences to complement online classes once the pandemic ceases, can make a big difference in the attractiveness of your offer. At the end, the effort of bringing leads to your institution is reduced to 0 if the offer is unattractive to the students. Below we have listed some tips for you to shape your student recruitment strategy during Covid-19 times. Analyze and modify your goals: Key performance indicators and recruitment targets were based on a normal scenario. Now it is time to reassess those numbers and bring them back to reality. Only with realistic goals one can then map out a plan to achieve them. Revise and re-arrange your target market r…
disambiguating description: With the coronavirus turning the education scene into an online-dominated service, universities and other higher education providers are starting to wonder how to adapt their recruitment strategies to the current scenario. Without a doubt, Covid-19 has transformed and will continue to transform the education scene on one hand making it more affordable for more people, but on the other hand demanding a new set of tools and delivery methods.
date posted: 2020-07-03T11:45:26Z
date modified: 2026-07-06T13:47:36Z
language: en
keywords: Covid-19
keywords: recruitment and social media
keywords: marketing for universities
keywords: student recruitment
keywords: international students
type: advice
disciplines: economics
disciplines: socialscience
disciplines: business
disciplines: generaleconomics
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Business
discipline labels: General Economics (JEL A)

The INOMICS Questionnaire: Fratzscher vs Jackson
type: Article
title: The INOMICS Questionnaire: Fratzscher vs Jackson
description: Esteemed economist, Stanford Professor, and friend of INOMICS, Matthew O. Jackson, generously took time out of his busy schedule to take part in the third INOMICS Handbook Questionnaire. Opposite him, in his customary role of quizmaster, was Professor Marcel Fratzscher, president of the DIW Berlin, and one of Germany’s leading voices in macroeconomics. Observing tradition, and as a nod to those involved, the encounter has been dubbed ‘Fratzscher v Jackson’. What took place was both in-depth and personal, the conversation ranging from Aristotle and gender bias, all the way to economic blogs and bicycles. For anyone connected to economics, especially those starting out, this one is not to be missed. Download the INOMICS Handbook! Marcel Fratzscher: What is your favourite place on earth? Matthew O. Jackson: My bicycle. I guess that is a trick answer, as it takes me to many places. It brings me out into nature and on many adventures. I see places from a very different perspective. And somehow, it is also great for ruminating and relaxing my mind. MF: Outside of economics, what occupation would you have if you could be absolutely anything? MOJ: I grew up during the Apollo missions and would have given anything to be an astronaut, but my eyesight precluded that path. Putting that aside, if I had to move outside of the social sciences now, I would become a biologist. The 21st century is poised to be the golden era of the biological sciences. Improvements in our ability to gather data and analyze it are very rapidly enabling huge advances in our understanding of everything from how the brain works to how and why genes express themselves. MF: What is the virtue you appreciate the most? MOJ: Empathy. It’s not normally thought of as a virtue, but you look at it as a modern take on Aristotle’s view of friendliness as a virtue. The ability to understand other people’s emotions and needs, and react to them, is one of the most important ingredients in making humans powerful as a s…
date posted: 2020-07-02T11:03:01Z
date modified: 2021-05-20T11:20:59Z
language: en
keywords: Matthew O. Jackson
keywords: Marcel Fratzscher
keywords: interview
type: blog
disciplines: economics
disciplines: socialscience
disciplines: generaleconomics
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: General Economics (JEL A)

Survey: Is "To Whom It May Concern” Acceptable on a Cover Letter?
type: Article
title: Survey: Is "To Whom It May Concern” Acceptable on a Cover Letter?
description: But does it really matter how you start your cover letter? To find out, ResumeCompanion conducted a poll of over 1,000 hiring managers from across the United States to determine how they view “To Whom It May Concern” being used on an applicant’s cover letter. No big deal: 83% of hiring managers disclosed that seeing “To Whom It May Concern” on an applicant’s cover letter would have little or no impact on their hiring decision. For years, experts have insisted that when you’re formatting your cover letter, you should avoid using “To Whom It May Concern” at all costs. But countless job seekers begin their cover letters with “To Whom It May Concern” anyway — they can’t all be unemployed. So to discover the truth, ResumeCompanion conducted a survey of hiring managers from across the country. The results of this survey deal a shocking blow to the expert consensus. Over 83% of hiring managers polled revealed that seeing “To Whom It May Concern” on a candidate’s cover letter would have little or no impact on their decision to hire or interview that person. Even more fascinating, however, is how the data varied according to the age, gender, and location of each respondent. Men are three times as likely as women to reject a candidate for starting their cover letter with “To Whom It May Concern.” The majority of both men and women agreed that seeing a candidate use a generic introduction on their cover letter would have little impact on their hiring decision. However, men are clearly touchier about the subject. 6% of male hiring managers stated that they would reject a candidate outright for using “To Whom It May Concern” on their cover letter. Compare that with the 2% of female hiring managers who said the same, and there’s clearly a gender divide. If you find out a man is going to be reading your cover letter, try to address him by name to boost your chances of success. Yet if you can’t find his name, it’s still most likely fine to address your letter with “To Whom It May C…
disambiguating description: If you’ve ever researched how to write a cover letter, you probably know that career experts from all over the internet agree you should never address your cover letter with a generic introduction like “To Whom It May Concern.”
date posted: 2020-06-30T10:36:34Z
date modified: 2024-07-01T20:49:34Z
language: en
keywords: resume
keywords: curriculum vitae
keywords: cover letter
type: advice
disciplines: economics
disciplines: socialscience
disciplines: business
disciplines: generaleconomics
discipline labels: Economics
discipline labels: Economics and Social Sciences
discipline labels: Business
discipline labels: General Economics (JEL A)