If you're applying to study economics in the UK, you'll have to prepare a personal statement which will be used to assess your application along with your grades and other materials. Here are our tips on writing an effective personal statement. Follow the standard format There is an accepted format for personal statements, and while deviating from the format might be required in some unusual cases, it's usually best to stick with it. The format is as follows:

When you're teaching an economics class, you don't need to rely just on yourself and the materials that you've made. There are tons of resources out there which can help to support your teaching. Here are ten of our favourite tools for teaching economics:      1. Moodle

A relatively new branch of economics is Innovation Economics. This subject focuses on the topic of innovation, alongside the study of technology, knowledge, and entrepreneurship. It aims to understand where new ideas come from, and how we can put forward policies which will encourage the development of new ways of thinking. As many nations move away from an industrial model of production and towards a knowledge-based economy, the economics of innovation becomes more and more relevant.

So you know that getting to know other people in your field is important, and that you need to network when you attend a conference. But what about the rest of the time? What websites can you use to get in touch with other experts in your field? Here are some ideas: Twitter

It happens every year. As you’re walking through a shopping centre, a store, or perhaps a supermarket, you hear a Christmas song, and you know it’s the beginning of the buying frenzy that leads up to Christmas.

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

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

The Nobel Prize for Economics, the most prestigious prize in the field, has been awarded this year to American economist Richard Thaler. The prize, fully titled The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was announced by The Royal Swedish Academy of Sciences and will be awarded in a ceremony in Stockholm in December.

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

This article was featured in the INOMICS Handbook 2017, a new career guide for Economists. Download it here.

This article was featured in the INOMICS Handbook 2017, a new career guide for Economists. Download it here. For researchers who are thinking about moving into industry, there are a huge range of employment possibilities outside of academia. The advantages of such a move may include greater job security, better pay, greater opportunities for career progression, and a more goal-oriented research culture. But the culture of business can come as a shock to those who have spent all their work time in universities.

This article was featured in the INOMICS Handbook 2017, a new career guide for Economists. Download it here. Of all available internet resources in economics, podcasts often remain the most overlooked. Yet it’s 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.

This article was featured in the INOMICS Handbook 2017, a new career guide for Economists. Download it here. When you're about to finish your PhD, it can be hard to know where to start looking for a job. If you want to stay in academia, then you'll need to find a postdoc position after you've finished your thesis and defended it. Today we're sharing this mini guide to finding an academic job and some tips on how to handle the process. Fellowships, grants, and other sources of funding

What is Stata? If you want to work in econometrics, chances are you’ll need to learn to use a statistical analysis package like Stata. Stata is one of the most widely used software packages to help students and researchers explore, summarise and analyse complicated datasets. The software is available in several different versions which differ mainly in the number of variables allowed in memory.

Career development and networking go hand in hand. It’s important to start working on them before entering the workforce permanently. Not every connection needs to be made in your prospective career field, either. Ask any professional, and he or she will tell you about a time in his or her career when a lead came from a friend of a friend or some other unlikely source.

When you're doing data analysis, you might find yourself with a number of different variables to work with. For example, perhaps you have invited participants to your lab and run them through your experiment. You have collected data on variables such as the participant's age (in years), their reaction time to a particular stimuli (in milliseconds), their reaction time to another stimuli (in milliseconds), and their  rating of a preference (on a 1 – 10 scale).

To keep your knowledge up to date on developments in your field, you need to read through the academic journals which publish new research on your topics. This will help you stay on the top of your game while you're studying or working.   It's important to keep your finger on the pulse of the latest updates in your field. Otherwise your knowledge could be out of date and your research won't be be topically informed.