Last year I wrote a post on whether free education would replace the skyrocketing tuition fees being faced around the world. A year later and this topic has expanded so much that it has a name: MOOCs – Massive Open Online Courses – and there are, literally, millions of them and the trend is growing fast, as illustrated by this ‘MOOC Timeline’.

Data Source: RePEc, Top 12.5% Asia, as of January 2013

After our post last summer about the trend for conferences and prizes aimed at young economists, several further events are coming up this year, which could be of interest to PhD students and young researchers. Some of these are specifically for students or junior academics whilst others offer financial support or prizes to those attending or presenting papers at the meeting.

Yesterday, the 19th of Feb, the economics community lost another famed scholar – Armen Alchian, 98, professor emeritus at the University of California Los Angeles.

Image Credit: Liz FosslienHave you ever considered dating an economist, and if yes, what did you decide? If you are puzzled by this question, there are plenty of resources, which can help you to find an answer. The amount of material on this topic found by searching Google and the number of jokes made clearly indicate that it is indeed a hot topic, even more so on a Valentine’s Day.

Last year we published a list of “The Best Economics Android Apps”, with the intention to follow it up with a post about economics apps for iOS devices later. As promised, here is the list of the apps for economists, who prefer to use Apple products, and which could be useful for both students and professionals in economics.

 The US-based International Association for Energy Economics is the world’s largest organization of Energy Economists with members from over 100 countries. Part of their mandate includes facilitating the mutual association of people interested in energy economics, in order to create a forum for professional discussion and to provide a means of international communication and exchange. Collaboration between INOMICS and IAEE has already benefitted both organizations in terms of consolidating global reach and sharing resources.

Source: National Science Foundation, NSF/NIH/USED/USDA/NEH/NASA, Survey of Earned Doctorates

With ice on the ground and a chill in the air (at least for those living in northern climes), it is nice to think about the summer and all of the welcome things it brings: warmth, flowers, and, of course, new career and training opportunities.

Two weeks having passed since ASSA 2013 we have put together a list of links from economics blogs, which highlight some of the sessions, papers and thoughts triggered by the discussions. If you  have found more interesting resources share them with us in the comments!

Source: Ministry of Education of the People’s Republic of China (China), The Survey of Earned Doctorates, National Science Foundation (US)

Following the entry on this blog last month about countries with the most top 100 economics departments according to REPEC data, I thought it a worthwhile pursuit to look a little more into these rankings, and to seek out some alternatives to that offered by REPEC.

As we reached the end of the year 2012, we decided to compile a list of the top INOMICS blog posts, those that received a record number of visitors throughout the year.  Enjoy your reading and Happy New Year to everyone!

In today’s global world, the transfer of information is crucial to success. Since the start of the recession in 2008 financial issues have increasingly been among the hottest discussion topics around the world – in particular the balancing of books and budgets, whether in supranational financial unions like the EU, individual countries, businesses or households. From the academic perspective, there is still much to be explored in the world of finance.

Following our earlier post from November about Economics Conferences in 2013, we have now published a (chronological) list of Conferences in Economics and Statistics taking place in the Asia-Pacific Region. If you know of other interesting, economics-related events in the region, please share these with us in the comments at the end of this post.

Apps (already “Word of the Year” in 2010), have become an integral part of our everyday lives, bringing to our phones not only entertainment, but also helpful tools to be used for educational and professional purposes. Downloadable for free or for a price, there are a number of handy apps created especially for economists, which come in the form of data sets, quizzes, educational videos, podcasts or simply mobile versions of media.

It is that time of year again!

Data Source: RePEc

Based on survey responses from economists and recruiters from over 70 countries, the INOMICS Job Market Report 2012 reveals the latest trends in the academic job market for economists worldwide.

Considering the remarkable technological progress and the spread of social media in the last few years, it can be challenging to teach and involve students when using an old-fashioned lecture style. Shelving overhead projectors and boring PowerPoint slides, some professors have converted to “education 2.0”, integrating new tools and applications into their class format.

When I was about to receive my Bachelor diploma, I was confused. I knew where I wanted to work, but I didn’t know how to get there with a Degree in Law. I also knew that I needed to steer my professional training towards economics, but I didn’t know how. The problem was that I just didn’t have enough credits in any economics-related disciplines to meet the requirements of the majority of study programs available. After having weighed all the options, I made up my mind to apply for an MA in Public Policy and to try to focus on economics-related disciplines.

After our tour of economics conferences this summer, the INOMICS team was impressed by the number of young economists at these events. Anecdotally, many delegates have the impression that there is a trend towards younger academics at even long-established, annual events, as well as more female delegates than were present in the past. Perhaps the time of economics conferences as the preserve of distinguished, yet silver-haired, bearded men is coming to a close.

Source: Survey on Research Funding for the Social Sciences in Europe, Ramon Marimon, Igor Guardiancich, Mike Mariathasan, Eva Rossi, European University Institute, 2011

The China Economic Review from last month ran an interesting piece by John van Fleet about the 150,000+ Haigui (海归) currently studying in the USA (Haigui, literally “Sea Turtles” is the name given to Chinese students studying abroad). Van Fleet discusses not only the challenges of interaction between international and domestic students, but also the economic impact for both host and origin country.

What happens to economics students once they complete their first degree? Here is a snapshot of economics graduates’ activities detailing their occupation six months after graduation.