Business Economics is a rather broad area of economics covering everything from business organization, management and marketing to the role of entrepreneurs and impact of the government on corporations. It is also assumed to be one of the most applicable research branches within economics: where today’s academic research might result in tomorrow’s industry implementations.

Finance has become a very attractive field for many people in the last decades as it “smells” of money and promises a successful career after obtaining a degree, even though the financial crisis has slowed down this popularity trend. While many fresh Bachelor and Master graduates massively apply for positions in investment banks and consultancies, some decide to pursue a PhD, which is the way to life-long involvement in the academic world.

Econometrics is something towards which many people have mixed feelings: both fear and respect. If you want to get a degree in economics, however, there is no way you can get away without studying econometrics on some level; and if you want to become a great economist you will have to master it: to build models, run regressions and (hopefully) predict the future. The economics profession has been blamed for failing to predict the global financial crisis, but as econometrics is considered to be one of the core disciplines to help prevent a recurrence in the future, we have collected a number of useful links for online learning and self-improvement in this field.

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.

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.

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.

A few weeks ago I came across an interview on TechCrunch with Brian Kibby, the president of McGraw-Hill Higher Education, discussing his positive outlook on the future of e-books, e-content and generally the future of what he calls ‘super adaptive learning.’ Contrary to what one might expect from a textbook publisher, Kibby explains in the interview that he expects to see a significant increase in the adoption of e-materials within the next year and full adoption within three years. Optimistic?

Just two days ago Time magazine released a list of the 100 most influential people in the world. Among other prominent figures included in the list is Hans Rosling, a doctor and statistician, who became famous after his “TED talk” in 2006. In the video released by BBC four years later, Hans Rosling presented statistical data about 200 years of world development in the most creative and clear way the world had ever seen. The video got over 5 000 000 views on You Tube. A complicated subject, feared among generations of students, was transformed into a mind-blowing show. This video will show you how.

Unemployment For College Majors

Source: Survey of the labor market for new PH.D. hires in economics 2011 – 12, Sam M. Walton College of Business, University of Arkansas:

Conferences have been a pillar of academic thought in the western world for almost a century. Organizations including the American Economic Association (AEA) (organized in 1885, incorporated in 1923), the Royal Economic Society (RES) (incorporated in 1902, although their journal The Economic Journal dates back to 1891), the Western Economic Association International (WEAI) (1922) and the International Atlantic Economic Society (IAES) (1973) have lead the way with their annual meetings that draw anywhere from a couple hundred to over 10,000 annual visitors; and these are only the tip of the iceberg.