With the PhD recruitment season coming to an end, there are still institutions and candidates who have not yet found a suitable offer. As a nice addition to your job hunt on INOMICS you should consider participating in the Economics Job Market “Scramble”, especially if your career goals lead you to North America.

The following article first appeared in the INOMICS Handbook 2023. Download the INOMICS Handbook

There are many schools of thought in economics. Each rallies around one or more different theories about how the world works, and builds models to support those theories and explain the economy. These schools include the (neo)classical, (neo)Keynesian, monetarist, and Chicago schools. Readers may have heard about the Austrian school of thought as well. 

In this series of articles, INOMICS will highlight the accomplishments of particular economists who have contributed greatly to the field. Students often learn about the great figures in economics only briefly and in passing, but the content taught in economics courses comes from brilliant economists such as these.

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.

For decades, the U.S. dollar has reigned supreme as the world's primary reserve currency. Its dominance can be attributed to several factors, including the size and stability of the U.S. economy, the political influence of the United States, and the widespread acceptance of the dollar in international trade and finance. The dollar's status as the de facto global currency has significant implications for the functioning of the global financial system.

Being (or becoming!) an economist probably seems like a good idea. After all, you’re reading the INOMICS Blog! Beyond reading relevant advice and interesting articles, it can be helpful to have real data to answer questions about the job market for economists.

The current circumstances can be tough: being isolated from families and friends is difficult, and having to spend most of our time inside isn’t particularly healthy. However, there is one thing you can spend a lot of time doing which will improve your quality of life exponentially: reading!

A PhD is a life choice. One of the crucial factors that a potential graduate student should account for is that doing a PhD in the US can be a completely different experience from doing a PhD in Italy, Germany, or elsewhere in Europe.

The 1932 book "Booms and Depressions" by Irving Fisher, along with his 1933 Econometrica paper "The Debt-Deflation theory of Great Depression" earmarked the start of a new era for modern macroeconomics and financial literature. This article reviews the book in light of the current economic and financial scenario.

The increasing importance of evidencing teaching effectiveness In recent years, the UK higher education environment has noticeably changed. Research Assessment Exercises and then the Research Excellence Framework have highlighted the importance of academics not only being research- active but regularly publishing high quality outputs in internationally recognised academic journals.

Economics isn't something that can only be learned from degree programs, books or journals. As an important part of modern life, there are also a number of great movies about economic themes. From the 2008 financial crisis to the formation of game theory, movies have documented a variety of subjects that will be of interest to economists. Next time you're sitting down for movie night, try one of these 10 films that economists will love.

If you're in the field of business, whether you're a student, a researcher, or an entrepreneur, then you'll know how important it is to keep up to date with all the latest developments. To help you with this, we've compiled a list of the top academic journals in business, so you can know where to look for all the latest cutting-edge research.

Esteemed economist, Stanford Professor, and friend of INOMICS, Matthew O. Jackson, generously took time out of his busy schedule to take part in the third 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 Jackson’.

Few would contest it as the ideology of our political age. Ever since the 1980s, it has dominated western politics, underpinning governance, influencing culture, and leaving its indelible mark across society. During this time its core tenets were rarely challenged and only its peripheral aspects tweaked. The 2008 financial crash, however, changed this, shaking confidence in an ideology whose name, up until that point, was rarely ever spoken. With the loss of savings, skyrocketing inequality and falling living standards that followed, people wanted answers and began to question the political system that had facilitated such a disaster.