Economics and Management Personal Statement

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Economics and Management Personal Statement

Economics attempts to understand and address many of the world’s most


serious problems. I would like to enhance my knowledge of the economic and
social principles of global sustainable development, such as the divergence
between rich and poor countries and how this links with the theories of growth
so that I can help to alleviate the effects of these types of economic problems.

I have enjoyed the macroeconomic side of the course and I am looking


forward to learning more about globalisation after reading The Undercover
Economist by Harford as he argues that the benefits of globalisation outweigh
the disadvantages, such as the “Race to the Bottom”. Furthermore, the article
Globalisation Shakes the World by Schifferes brought context to Harford’s
views by allowing me to understand the contrasting effects of globalisation on
Bangalore and Michigan. In general I enjoy keeping up with current economic
affairs and I am intrigued by the future effects of the recent migration of
refugees from Syria into Europe and I am keen to understand whether this will
be of benefit or burden to European economies.

I enjoy taking part in voluntary work such as my work experience in Uganda in


August 2014. The visit highlighted the countries many issues such as famine,
poor infrastructure and the vast inequality between developed countries and
developing countries. This led me to read The Bottom Billion by Collier which
enabled me to gain a better understanding of the positions of the countries at
the bottom of the global economic system by explaining the four economic
traps. This suggested that Uganda is a failing economy because it is
landlocked by bad neighbours, as well as recently being stuck in the conflict
trap, from which it has now escaped but is still at high risk of falling back into
due to its low income and slow growth. The Bottom Billion also analyses the
effectiveness of global aid. This had lead me to research about how Britain’s
overseas budget is spent and how the UN aims to deal with global poverty. I
found the UN’s 17 new goals regarding sustainable development and
economic policy very ambitious particularly ending poverty and hunger
globally and providing quality education for all by 2030.

In March 2015 I completed a Future Learn course about how genes influence
cancer development. I found this very beneficial as it built on my knowledge of
genetics and how this has been used to produce technological advances that
may eventually cure cancer. For this reason I am currently doing another
online course about wealth and income inequality with the Open University.
As an academic scholar I thrive on opportunities for independent research and
work, and these courses have allowed me to achieve these aims.

The subjects I have taken through to A Level have taught me valuable


skills; Mathematics has developed my problem solving and data analysis skills
and studying Biology and Chemistry has allowed me to think critically and
improve my investigative skills. I am taking part in the Biology Olympiad
competition which utilises knowledge gained from inside the A level course to
answer questions outside of the course curriculum.

I enjoy the challenge that leadership brings whether in the Community Service
unit visiting a local school or in my role as a School Prefect and House captain
which has meant I have learnt the importance of communication, teamwork
and commitment. Furthermore, I have chosen to become an academic mentor
which includes tutoring younger students. Whilst maintaining a strong
academic record I also participate in School hockey and netball teams and I
have decided to take part in the Young Enterprise scheme this year to
improve my understanding of the business world.

I have greatly enjoyed the challenges that I have encountered so far and I
look forward to focusing my learning on a subject that I find intellectually
stimulating and which will provide me a range of career opportunities

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