The cost of education varies enormously depending on what one studies and where. In the last few years, there has been plenty of hype about the ‘Higher Education Bubble,’ brought to the attention of the media by the Economist last year. This phenomena seems to be particularly prominent in the business-oriented fields worldwide and as an overarching situation in the US.

Every year, Max Bazerman, a Harvard Business School professor runs the exact same experiment with his students. In short form, he auctions off a $20 bill but places strict rules on how the betting can take place regulating who pays, and who wins.

Podcasts are a great way not only to enrich your knowledge, but also to look at an already familiar matter from a different perspective. Normally, podcasts are issued in the style of lectures, talks, interviews or just short commentaries, and cover either current economic issues or pure academic topics.

The question of how far to proceed within academia, and subsequently, where to ply one’s trade when done, is, and will always be a tricky one. In times of widespread austerity, this quandary is further complicated by a general job climate of increased precariousness, falling wages, and diminished social security - rarely before has financial planning for the future held such significance. It is for this purpose, the elucidation of the conditions of the global economics job market, that we at INOMICS compiled our 2018 Salary Report – downloadable for registered users here. With over 2000 participants from across the world, the Report serves as an invaluable resource, detailing the remuneration one can expect in academia or the private sector depending on one’s level of qualification. It also outlines the direction current salary trends seem to be headed, permitting prospective students to judge how ‘cost-effective’ future degrees are likely to be, thus making the best-informed career decisions possible.

Are you curious about the academic careers of your peers in Economics? We had a chance to ask a couple of questions to Mehmet Gökhan Özdemir, a PhD Student in the first year of his program in Economics at the Faculty of Political Sciences at Ankara University.

INOMICS supports students and researchers in attending conferences with a €500 grant

INOMICS supports students and researchers in attending conferences with a €500 grant

INOMICS supports students and researchers in attending conferences with a €500 grant Hear their perspectives on attending conferences and what advice they have to give other academics.  

INOMICS supports students and researchers in attending conferences with a €500 grant Hear their perspectives on attending conferences and what advice they have to give other academics  

INOMICS supports students and researchers in attending conferences with a €500 grant Hear their perspectives on attending conferences and what advice they have to give other academics.  

INOMICS supports young students and researchers in attending conferences with a €500 grant Hear their perspectives on attending conferences and what advice they have to give other academics  

INOMICS supports students and researchers in attending conferences with a €500 grant Hear their perspectives on attending conferences and what advice they have to give other academics.  

As more women continue to occupy a greater number of senior positions both in academia and the private sector, the gender pay gap has become an increasingly relevant issue in the professional and academic labor market.

With 2017 ASSA Annual Meeting in mind, we thought that this information will be helpful for all of you who are considering pursuing a PhD degree in Economics as many students and prospective PhD candidates often question whether obtaining a PhD in Economics is worth it. Will the time, effort and money spent on working towards a PhD guarantee you a higher salary when compared to the salary that can be earned with a Master’s or Bachelor’s degree?

The winners of the 2016 Nobel Prizes were recently announced, to honour outstanding contributions to the fields of economics, physics, chemistry, medicine, literature, and world peace. The winners have each made a dramatic impact on the state of their various fields, so in this article we'll introduce you to the winners and to the work which they have be recognised for.

Guilherme Morlin is a Brazilian currently pursuing his Master’s degree in Economics at the Federal University of Rio de Janeiro, Brazil. Guilherme is also our lucky winner of $100 Amazon Gift Card in the recent INOMICS Review Prize Draw. Students and researchers from all over the world took part in the contest by submitting reviews of the universities and institutions where they study or work.

Carolina Pan is an Argentine student, currently in the last year of her PhD program in International Economics at Brandeis University, USA. We chose her as the winner of our Conference Grant Contest 2015 and awarded her with a €500 grant. The prize helped her to attend the 3rd Geography of Innovation Conference organized by the University of Toulouse and Sciences-Po Toulouse in France. Participants from over 50 countries took part in the contest by submitting short explanations about their personal reasons for going to their chosen event. You can see her winning answer here.

One great way to keep up to date with the latest news in your field is to listen to podcasts. These are regularly broadcast audio programs which address specific topics, and often include interviews, discussions, and news. We've previously covered some of the best podcasts in economics, but today we're looking at podcasts in the field of finance.

It's the time of year when the winners of the 2015 Nobel Prizes are announced, to recognise extraordinary achievements in the sciences and humanities. We're introducing the winners below and sharing some information about their incredible work.

“Selfie” was declared a word of the year in 2013 as a result of a seventeen thousand per cent increase in usage. But selfies have, arguably, shifted from being the product of a purely narcissistic act to that of a normalised cultural phenomenon – even celebrities and politicians indulge in the not-so-occasional self-portrait.

Following our highly discussed list of 30 Top Twitter Feeds in Economics and Finance, we wanted to keep the conversation going by sharing our selection of top Twitter feeds in political science. This list includes academics, researchers, journalists and many others who focus on political science, politics, international relations, public policy and related fields.

At just after 1pm CET today, The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2014 was awarded to Jean Marcel Tirole of Toulouse, France. This prize, more commonly known as the Nobel Prize in Economics, was given to Dr. Tirole for his extensive work on the behavior of large companies in relation to market power and regulation.

In previous posts we’ve offered lists of top blogs in the fields of economics and finance. In this post we’re shifting our focus to the broad world of mathematics. As with economics and finance, mathematics encompasses quite a diverse array of subdisciplines, meaning that this list of blogs gathers together a range of perspectives, experiences and areas of expertise. Whether you’re interested in gaining teaching tips for algebra or discussing the latest publications in top mathematics journals, these bloggers cover it all. This is by no means an exhaustive list, however, and we encourage you to add your own suggestions or ideas in the comments section here or on Facebook. The blogs listed here are shown in alphabetical order, meaning they are not ranked or grouped in any other way.

In a post about the Olympics this past winter, we mentioned research linking the economic development of a country to its chances of taking home a large number medals in the Games. While it might seem reasonable to extend this logic to the World Cup, in-depth econometric and statistical analysis indicates otherwise. So how can we best predict who will come out on top in this year’s World Cup?

In a post on Top Apps for Economists, we noted that the word “app” was becoming integrated into our daily lives. I’d say it’s achieved a solid place in contemporary vocabulary. Yet, while you may not think twice about using an app to check a train schedule, buy a movie ticket or peruse Facebook, you still might not be aware of the plethora of great academic and professional apps available as well.