Personal statements have turned out to be an inevitable part of admission to economics and other popular academic courses in foreign countries. The document is to be submitted along with your CV and other academic credentials. Your personal statement for economics needs to be designed to portray you as a passionate and capable candidate for the education program to which you have applied.
If you read good examples of economics personal statements, you will notice that they focus on the interests, aims, and strong attributes of the applicants. Universities go through this information to evaluate how you will perform as a student. In our experience, the top institutions prefer students who have consistent academic performance along with perseverance, social commitment, and a unique perspective. They also evaluate your proactiveness from these essays before sorting your profile.
Now that we have seen what a personal statement for economics is, let us take a look at some of the best tips for writing one. Remember, no single rigid method defines the guidelines to draft your economics personal statement. First-timers, therefore, find it challenging to get started with the creative task. To ease up your efforts, we have come up with a few instructions for you in this post, that will significantly ease up the drafting process. Here are a few tips that you can implement when preparing your documents for higher studies. These guiding principles apply to all economics personal statements – be it for a bachelor’s degree, master’s or PhD.
It pays off to be well informed about the scope of your desired course and the features of the target university that you have picked. Talk about how the curriculum will help you with your career. You can highlight the merits of the academy that appeals to you explain why you have selected it.
Students often tend to lose their focus in the process of projecting their progress, and talk about non-essential things. When you are bound by word limits, the best approach is to concentrate only on things that add value to your economics personal statement. Create a priority list of the facts that you have to include and work accordingly.
Breaking down the document into chunks will make it easier to write your economics personal statement. Divide the essay into paragraphs to make it more intelligible. Generally, there will be one paragraph for the introduction, a few for the body, and one for the conclusion. The length of the essay will depend on the word limit imposed by the university.
From the economics personal statement example given below, you will observe that students should express clarity in what they wish to gain from their target course. This could include the advanced facets of economics which interest you, your reasons for choosing the particular college, and your plans after the completion of the program.
As the name personal statement implies, the document should be written with a subjective touch. Every idea that you introduce should be meaningful to you in a personal way. For example, instead of just stating that you have worked at a particular company, explain how the stint has reshaped your approach to economics and financial handling.
Please read the economics personal statement example we have written to illustrate the points mentioned above.
“The dynamics of our everyday lives are dictated by various economic decisions created by governments and authorities. The weight of such choices can manifest itself in several ways – from the price of commodities today to the fate of the nation in the years to come. I have relentlessly strived to improve my perceptions of economic decisions and their impact on the society. This journey has tremendously helped me to broaden my acumen. I wish to further extend this pursuit of knowledge through higher studies from your prestigious institute.
My passion for economics stemmed during high school studies. This was mostly because it enabled me to make sense of news stories and economic columns. I could not fully comprehend the global extent of various economic policies initially. As I delved deeper into diverse concepts, I became capable of seeing the forest for the trees. It was gratifying for me, on being able to read a piece of news regarding a fiscal policy and understand the motives and the bigger picture behind it.
The unpredictability of commercial trends is one of the things that I always find hard to wrap my mind around. Despite a high-level knowledge of fiscal theories, only a few economists are able to make accurate predictions, and even fewer can do it consistently. The concept of the black swan events, which breaks all expectations and turns the tables, was introduced by Nassim Nicholas Taleb in his book Incerto. The book and its premise have radically transformed my approach to variability thinking.
I have always been keen to acquire new skills and venture into the unexplored paths. As the success of modern economic analysis largely depends on coding and other technologies, I signed up for a supplementary course in Python programming. This knowledge facilitated the process of amassing data sets from the internet and analyzing them in my own capacity. I also learned to automate many of the trivial tasks that I have to perform on a regular basis.
In addition to my education, I have been an enthusiastic participator in various non-academic pursuits. My favorite physical activities are games like badminton and cricket. I have bagged several medals and prizes in competitions at the local sports club. As an avid reader, I was one of the active members of the reading club in my college. In addition to promoting reading at the campus, we have visited regional schools with book donations and reading campaigns. The leadership roles that I have taken in different groups molded my character and nourished my presentation skills.
Undertaking an MS in Economic Strategies will kindle my inquisitiveness regarding finding solutions to global issues. I think that the US is the ideal location for higher studies in economics. The country’s policies are decisive in the international ambit, and its recommendations carry much weight in the IMF and other regulatory bodies. In addition to this, the nation abounds with eminent economic researchers. Getting my education from such a setting will be conducive to my aspirations of getting into research later in my career.
The program offered by Adam Smith Academy perfectly fits my requirements. I am familiar with the researches and works of Dr. Brian Dinero and look forward to train myself under him. I believe that I can make numerous contributions to this esteemed institution and its lively community. I reckon the challenges that lie ahead in this journey and am confident of emerging on the top through academic commitment and dedication.
After completing this course, I will return to India and start my career as a college educator. After gaining substantial work experience, I aspire to become an economic researcher whose works will hopefully serve the society. A berth in your revered university will be the key to unlocking my potential and achieving my dreams.”
Every document we write gets prepared from scratch, and this brings you two benefits. Firstly, you have no more reason to worry about accidental plagiarism and other concerns. In addition to this, the originality of the content will make your economics personal statement stand out from the lot.
We maintain the policy of strictly adhering to the demands of our clients. From word limit to writing style, our writers will tailor all aspects of drafting a personal statement for economics to fit your specific needs. We keep you in the loop about each phase of the work.
For high-ranking universities like Oxford, personal statements for economics should be virtually devoid of errors. We have a team of seasoned proof-readers to scrutinize every bit of the content before the final output is delivered to you. With us, you can rest assured that the document would be free from mistakes.