Economics Terms A-Z
An asset is ANY resource that produces positive economic value for its owner - its owner being its owner as a result of a past event, most likely a transaction. There are two classes of assets, tangible and intangible, which are themselves made up of subclasses. Of the tangible variety, most commonly you’ll hear about current and fixed assets. Current assets refer to things that can be consumed, exhausted or sold, such as cash, stock, and marketable securities. Whereas fixed assets are assets that are trickier to convert into cash, like land, buildings, equipment and machinery.
In contrast, intangible assets lack any physical form; they are ethereal. As a result, their value can be harder to gauge, which can contribute to the occasional discrepancy between a company's value according to its own books, and its value as per market capitalisation. Examples of intangible are: patents, trademarks, goodwill, copyright, and trade names.
- Applying for a Conference
How to Write a Successful Motivation Letter for Economics Conferences
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?
- Blog Post
The Anxiety Epidemic
As has been recently documented on INOMICS, students across the world face a mental health crisis of unprecedented proportions. Columnist James Matthew Alston investigated the phenomenon, looking particularly at university responses - his conclusions made for tough reading.
The Pros and Cons of a Career in Research
Upon completion of a Master's degree or PhD, the big question arises: what next? Although it seems like natural progression to continue with further research, there are many other careers open to academics in business, education, or communication and journalism, to name but a few examples. So how do you know if research is the right career choice for you? A good way of figuring it out is weighing up the pros and cons. Browse our job listings for economics opportunities