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- INOMICS Salary Report
- Posted 4 months ago
Economist Earnings by Job Title and Degree in 2023
Aspiring economists may be curious to know: how much do economists earn in different types of jobs? The INOMICS Salary Report contains a wealth of data about economist pay by job title and region (among many other factors). This article takes Salary Report data on salaries by job title and analyzes it from a new angle, including highest degree earned, which will help younger economists to plan their career path.
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- For the Aspiring Economist
- Posted 4 months ago
What makes a successful economist?
The following article first appeared in the INOMICS Handbook 2024.Download the INOMICS Handbook“The master-economist must possess a rare combination of gifts. He must reach a high standard in several different directions and must combine talents not often found together. He must be mathematician, historian, statesman, philosopher…He must study the present in the light of the past for the purposes of the future. No part of man's nature or his institutions must lie entirely outside his regard. He must be purposeful and disinterested in a simultaneous mood; as aloof and incorruptible as an artist, yet sometimes as near the earth as a politician.”– John Maynard Keynes
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- Launching Your Career
- Posted 5 months ago
How to Make a Resume for Economics Jobs
Completing an economics degree course is hard enough. But after you’ve earned your degree, you may very well begin to look for a job in economics, which is a whole new type of challenge!
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- Work Advice For Beginners
- Posted 6 months ago
Tips to Survive Your First Job
It’s your first day at work and you’re nervous, naturally. You decide to quickly remember the journey that brought you to the computer screen you are now looking at. Many INOMICS readers will relate to this journey.
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- INOMICS Salary Report
- Posted 8 months ago
Is an Economics PhD Worth It? The PhD Pay Premium
Economics students may often wonder if doing a PhD is the right move for them. After all, you can still get a good job in economics with just a Master’s degree. We’ve covered different angles of this topic before with helpful advice about what degree you’ll need as an economist, asking whether you should do a PhD, and even asking what kinds of economists are paid the most. Thanks to INOMICS Salary Report 2023 data, we can look more closely at the pay benefit for an economics PhD in today’s job market. This will help you decide if doing an economics PhD will be worth it for your own career.
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- Furthering your Economics Career
- Posted 8 months ago
Professional Trainings as a Means of Increasing Your Employability
Economics is a massive field with many sub-disciplines, and it’s impossible to master the whole lot of it from just one Master’s degree or even a PhD.
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- Central Banking
- Posted 1 year ago
Insights into Central Banking Careers with Dr. Gómez-Pineda
Dr. Javier G. Gómez-Pineda, our interview guest for the 2023 INOMICS Handbook, graciously agreed to return for a second interview. This time, the INOMICS team prepared some career-related questions for the central banker. With his answers, Dr. Gómez-Pineda shares his wisdom about central banking and economist careers in general with you, our readers.
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- INOMICS Salary Report
- Posted 1 year ago
Which economists are paid the most, and where?
The following article first appeared in the INOMICS Handbook 2023. Download the INOMICS Handbook
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- Jobs for Economics PhDs
- Posted 1 year ago
Why are top management consulting firms increasingly hiring Economics PhDs?
The following article first appeared in the INOMICS Handbook 2023. Download the INOMICS Handbook
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- Economics Job Resources
- Posted 2 years ago
Succeeding in the European Job Market for Economists
The European Job Market for Economists (EJME) takes place annually. It aims to ensure that economics students who are about to complete (or have recently completed) their PhD make the best possible job match with institutions recruiting research economists.
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- Learning Resources
- Posted 2 years ago
The Top Free Online Econometrics Courses
Although the shift toward online learning pre-dated the coronavirus, the pandemic caused a great proliferation in the availability and acceptance of online learning. More and more courses can now be found online, allowing students to continue with their studies or even get credit for some courses from the comfort of their own home.
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- What You Need to Know
- Posted 2 years ago
A Post-PhD Career in Research: Jack of all Trades, Master of Some
Our favorite caricature of a post-doctoral researcher: a frail man (or woman) with unkempt hair, hunched in front of a computer screen, with a half-filled cup of coffee by his side. As the coffee gets colder and time flies by, he appears oblivious to his surroundings. He is happy spending long hours at his desk conceptualizing arcane theory on obscure topics the real world does not care about. He is in a state of eternal "tapasya" – meditating on his eternal love-affair with knowledge…because life is an eternal quest for knowledge! Or, so the world believes. Once the PhD has been completed, and freshly-minted researchers decide that research is what they would like to do for the rest of their lives, their friends and family might start assuming that a Doctor of Philosophy is just another armchair intellectual.
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- Study Advice Article, Career Advice Article
- Posted 2 years ago
How to balance your PhD and your social life
Doing an economics PhD can feel like an all-encompassing task, but it's important for your well-being that you have a social life during this time as well. It can be hard to balance the two, but if you don't, you may find yourself overwhelmed and not able to enjoy your time researching and writing as much. Here are tips on balancing your PhD with your social life.
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- Keep Connected
- Posted 2 years ago
The Top Apps for Economists
In spite of all its distracting qualities, your phone is one of the most useful tools you’ve got, whether you’re studying or working in the field. It’s simply a question of how you use it. With this in mind, we have compiled a list of apps that are helpful for economists to have. They can help you find data, stay up to date, and crunch numbers on the go. INOMICS takes part in the Apple 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.
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- Learning Tools
- Posted 2 years ago
Top YouTube Channels to Learn Econometrics and Economics
Online learning is not a novelty anymore. During the coronavirus pandemic and subsequent lockdown, many institutions were forced to invest in their online program offerings - or simply adjust their courses to be online-friendly. But sometimes it’s nice to learn without having to fully commit to a long program. Other times, learning from a different source can help new concepts make sense, or can refresh the memory.
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- Into the Economist's Mind
- Posted 2 years ago
The INOMICS Questionnaire: Fratzscher vs Miguel
Esteemed economist, Berkeley Professor, and friend of INOMICS, Edward Miguel generously took time out of his busy schedule to take part in the fourth 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 Miguel’. What took place was both in-depth and personal, the conversation ranging from the beauty of Hawaii and gender bias in economics, all the way to wealth taxes and COVID-19. For anyone connected to economics, especially those starting out, this one is not to be missed.
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- Career Advice
- Posted 2 years ago
Policy or academic economist: Which should I become?
“I am an economist,” I once proudly mentioned at a party, in a round of small talk. “Oh, so you do a lot of money counting and financial reporting?” was the reply I heard, like so many economics graduates before me. “Nah, let’s leave that to the business and finance professionals,” I answered. But what do real economists do exactly?
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- Career Advice Article
- Posted 2 years ago
10 Qualities That Define A Good Economist
Having helped so many economists take their next career step, we at INOMICS know full well how rewarding working in economics can be. When you find that solution you've been looking for, or contribute some research that actually seems to get read and make a difference, it can be the best feeling in the world. But this won't happen unless you work on yourself and the skills that are essential for becoming a successful economist in general.
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- Stuck in a Rut?
- Posted 2 years ago
Finding Inspiration As An Economist
In a culture obsessed with measuring capabilities and results, we often overlook the important role of inspiration. As economists, inspiration awakens us to new possibilities within ourselves, allowing us to conquer our own limitations, and to succeed at doing what we do.
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- Postdoc Jobs
- Posted 2 years ago
Job Market Scramble for Economists & Useful Resources for Postdoc Job Search
The job market for economics postdoc jobs in the United States is highly seasonal. The primary recruitment phase for post-doc positions closes every year in February or March. It is therefore best to plan your econ job search early and apply well in advance of the deadline.
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- Teaching Economics to Undergraduates
- Posted 3 years ago
Teaching Tips for Teaching Assistants
Being a Teaching Assistant (TA) at a university is rewarding, but also tough, particularly when you’re just starting out and learning the ropes. Perhaps you might appreciate some guidance - roll on INOMICS top tips for econ TAs who are preparing for their first role. Oh, and congratulations by the way!
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- Weighing Up the Options
- Posted 3 years ago
The Pros and Cons of a Career in Research
Soon after the completion of a Master's degree or PhD, everybody is faced with the big question: what next? Although it may seem like a natural progression to continue with further research, there are many other careers open to academics in business, education, communications and journalism, to name but a few examples. So how do you know if research is the right career choice for you? Well, like with most big decisions, a good way of figuring it out is to weigh the pros and cons of an academic career.
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- Application Advice
- Posted 3 years ago
Academic Cover Letter Samples
When applying for an academic position as a researcher, lecturer, or for a fellowship, a cover letter is usually required to accompany your CV or resume. Stating your particular interest in the role, and showing how your academic and work experience enables you to excel at the job, is the aim of a successful cover letter. They can be one of the most important parts of your application, giving the recipient an idea of who you are and what your relevant expertise is. Essentially, it's the first impression an institution will have of you, so it's important to get it right.
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- Make it Count
- Posted 3 years ago
How to Give a Great Academic Presentation
Whether you’re a graduate student giving a presentation for a course or a researcher presenting at a conference, being able to give an engaging and well-prepared presentation is a valuable skill for anyone in academia – in COVID times it is invaluable. Today, hardly a talk is given without an accompanying PowerPoint presentation full of flashy graphs, images, exploding sub-titles, and often far too many bullet points.
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- Career Advice Article
- Posted 3 years ago
Sample Motivation Letter For Your Economics PhD Application
When you apply for an economics PhD, you will need to write not just a research proposal but also a letter of motivation. This letter describes why you wish to undertake a PhD and why you would be well-suited to researching your proposed topic. But what needs to go in this letter, and what tone is appropriate for it? To give you some ideas, INOMICS is sharing a sample economics letter of motivation, as well as offering advice on how to write your own, so you can maximize your chances of getting accepted. If you plan to start your PhD application this autumn, you can download our free guide "How to successfully apply to a PhD in Economics".
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