Since its inception in the 1970s, microfinance has become the darling of development organisations the world over - the idea with the potential to save the planet’s poor. Pioneered by Bangladeshi social entrepreneur and Nobel Peace Prize Winner Muhammad Yunus, it provides the financially marginalized with banking services that, given their impoverishment, would otherwise be out of reach. Such provision, its proponents claim, empowers the poor to take control of their own lives and plot their own path out of poverty - an antidote that is humane, retains the dignity of it recipients, and is lucrative. Aside from bank accounts and insurance, it is mostly implemented in the form of microloans.

If you're an economist and you're thinking about working in the field of international economics, you might be wondering what kind of career options are open to you. Here are a few suggestions for jobs which you could do.

Although recently popularised in America, the Green New Deal (GND) was actually born during the early days of the 2007/8 financial crisis, in a small flat in London. The owner of the flat was analyst and foreseer of the crisis, Ann Pettifor; the occasion was a get-together of environmentalists and economists who had convened to draft a plan they hoped would both ‘transform the economy and protect the ecosystem’. Unfortunately for the London attendees, the prevailing political currents post crash proved especially hostile toward their idea, and prioritised, instead, principles of fiscal discipline and austerity, while largely sidelining issues of climate. And as long as such consensus reigned, the nascent GND was forced to lie dormant, far from political discourse.

In 2018, United States President Donald Trump said his administration was putting more coal miners back into work, having previously rattled on about how important coal jobs were to the future of the US. Perhaps it should be no surprise that his words were empty. The Trump administration has added a negligible  2,000 coal mining jobs since it took control, and whatever bump in coal production 2018 saw was quick to fade away. Obviously, Trump’s pledge to keep the industry alive was a political stunt, not a decision based on the economic realities of the moment; for if it had been, Trump wouldn’t have been talking about coal, but about renewable energy. 

In the early hours of the 21st of August 1991, a putsch in the Soviet Union against Mikhail Gorbachev failed, leaving three men dead and the country in a state of shock. The coup had been staged by members of the Soviet government who had taken issue with Gorbachev’s liberalising, democratising reforms, which he had been slowly putting into place over the previous few years. Those who had planned the attack then fled, and were all taken into custody within three days.

Brexit may have created a great deal of anxiety and business uncertainty, yet the UK is enjoying a golden period of employment. With more people in jobs and less out of work jobseekers, the UK is experiencing record employment levels not seen for decades. Some of this achievement is down to a job boom in the north of England and in the two biggest Scottish cities.

Rising year on year, seemingly irrespective of company performance, US executive pay is eye-watering. For decades now, its increase - the small blip following the financial crisis aside - has been rapid. As their wallets have bulged, however, CEOs’ standing in the public eye, has fallen precipitously - plotted on a graph the relationship between the two would make a big X. And this is a significant shift. It wasn't long ago that the American entrepreneur was heralded as an almost mythical figure: the embodiment of all that was good about the country; the opportunity it afforded; the work ethic it rewarded; the fact that with the right attitude anything was possible. They were the American Dream in action; evidence that it could be made real.

Rotterdam is a funky, modern city in the southern part of the Netherlands, taking less than an hour to travel to by train from the capital Amsterdam. Although Amsterdam might be the more famous tourist destination to those outside of Europe, Rotterdam has an edgy, exciting quality which makes it a highly desirable location for people to study.

If you've got a conference coming up that you want to attend, you'll know that there are lots of costs associated with a trip. You'll need to pay for travel and accommodation as well as the cost of conference attendance, which can all add up to a large amount of cash. Often, your department will pay for conference trips, but what if you run out of travel budget, or you don't have this option? In that case, you might want to consider applying for a conference scholarship. These are awards of money given to fund travel and attendance at a conference, usually for students or early career researchers. Often these scholarships will require that you're actually presenting at a conference, but not always - some have different criteria, such as where you are a resident and whether or not you're a student. In any case, there are large databases available to find scholarships for conference; here is a short list to get you started.

If you've applied to do a PhD but have been unsuccessful, don't despair! Although having an application rejected can be disheartening, it isn't unusual, and it can often take people a couple of tries until they get accepted onto a course. Here are a few tips on what to do if your PhD application is rejected. If you plan to improve your PhD application this autumn, download our free guide "How to successfully apply to a PhD in Economics"

Given the highly competitive nature of funding opportunities and the ever-increasing cost of higher education, a part-time job is seemingly an unavoidable part of the student experience. Whether it be to earn some more money to put towards tuition fees, or the cost of living expenses or even having a little aside for entertainment and leisure activities, students find themselves increasingly obliged to find a part-time job whilst at university.

Whether you’re still a student, a recent graduate, or already years into your career, mastering the art of cover letter writing is useful at every level. In one form or another, cover letters are a required component of applications to jobs, study programs, conferences, scholarships and many other important opportunities along your career path.

Economics has a gender problem, it always has, and unfortunately, it appears to be getting worse. Until recently, the impression was that this historically male-dominated discipline was turning a corner—albeit rather slowly—and the number of women studying economics was creeping upwards. That progress, however, looks to have stalled, and by some accounts, including that of the Australian Department of Education, actually gone into reverse. All the while, the number of women in the STEM fields (Science, Technology, Engineering, and Maths)—long notorious for their poor gender ratios—has been steadily increasing. It looks as though the ‘old boys’ club’ of economics might be closing ranks.

Sandwiched snugly between generations X and Z, Millennials, it's fair to say, have had it tough. Entering the workforce around the time of the Great Recession and now enduring the disorienting forces of the so-called fourth industrial revolution (also known as Industry 4.0), their world has been one of constant flux. History is accelerating faster than ever and technological progress in some areas is exponential, rapidly changing the face of work. And yet, with the possibility of abundance now a reality, Millennials are experiencing their economic opportunities reduce, many privileges enjoyed by their baby-booming forbears – improving living standards, home ownership etc. – increasingly out of reach.

In its short and controversial history, neoconservatism has changed America. For almost 60 years, the ideology has variously been embraced and rejected; celebrated for its patriotism and commitment to democracy; and disdained for it hawkish arrogance and imperialistic tendencies. It has simultaneously proven uniquely divisive, while also unifying people across party lines. Quite simply, recent American political history cannot be made sense of without an understanding of neoconservatism; such has been its influence.

The history of economic growth, the kind to which we are now accustomed, is inseparably intertwined with the discovery, and then plunder, of fossil fuels. Some historians have even argued their unearthing was its main catalyst, relegating more popular theories of free trade and technological innovation. The argument is seductively simple, and although something of an exaggeration, usefully highlights the strong connection between the two – for in tandem, they radically altered the course of human civilisation.