7 Economics Personal Statement Examples | With Analysis

What makes a great personal statement?

How do you improve your chances of achieving a university offer in economics?

In this post I will give some personal statement examples and discuss what the best economics personal statements do well.

Key features that great personal statements share

Disclaimers, evolution of economics personal statements, what makes a great economics personal statement, key features that great personal statements share: a reminder, lots of supercurricular activities, personal insights about such activities, demonstrate key skills, a well written essay, more economics personal statement advice, latest posts.

This diagram shows my summary of what makes a great economics personal statement. Based on my experience as an economics tutor and economics personal statement examples, here are four qualities that make personal statements stand out.

4 tips | what makes a great economics personal statement?

I explore these categories further below and in my ultimate economics personal statement guide.

For my ultimate economics personal statement guide, check out the link below:

Firstly, here is a list of ten economics personal statement examples available online.

Also below, there is analysis of what makes a great economics personal statement.

Personal Statement – Details and Claimed OffersCommentsLink
Cambridge interview; offers from LSE, Warwick, UCL and St Andrews+ Good evidence of independent study.
+ Great supercurricular activities discussed.
+ Good personal takeaways.
Note work experience is not necessary for your application. Here the work experience has been used very well though. Yet if you do not have work experience, you can do equally as well through other activities such as reading books.
Offers from LSE, UCL, Bristol, Queen Mary, Warwick+ Solid supercurriculars mentioned.
+ Great use of personal experience.
~ Sometimes supercurricular discussions could be more detailed.
~ Introduction or conclusion may benefit from an anchor activity.
Offer from Cambridge+ Great supercurriculars mentioned.
+ Strong maths related supercurriculars
~ Introduction and conclusion could be more specific.
Offers from Cambridge, LSE, UCL, Warwick and Bath+ Evidence of mathematics related supercurriculars
+ Great use of personal experience.
+ Interesting personal takeaways from many of the activities.
Offer from Cambridge+ Good economics related supercurriculars, touching on various different areas in economics
+ Good attempts at personal takeaways
+ Good use of personal experience.
~ Personal takeaways could be more varied and sometimes deeper.
Offer from Oxford (Economics and Management)+ Student’s motivations for applying for the course are clear.
~ Books and articles should be discussed, not only name-dropped. Personal takeaways are important.
~ The language often sounds contrived and not natural.
Offer from Oxford (Economics and Management)+ A lot of great supercurriculars mentioned.
+ Interesting extracurriculars too.
~ Often the personal takeaways could be more detailed and less surface-level.
~ Second paragraph lacks details about the supercurricular activities.
~ Conclusion and introduction are ok but at least one could be anchored in details.

To learn how to improve your economics personal statement, check out the link below by clicking the blue button:

I cannot guarantee that the personal statements linked above achieved the university offers claimed on those pages. Nor can I claim that each statement is 100% perfect.

By linking to these sites, I do not endorse any of the sites linked above.

You should not copy any part of the personal statements above. Doing so is plagiarism and can lead to the disqualification of your university application. Instead learn from the techniques and kinds of things mentioned in their statements. See specifically the rest of this article for what we can learn from these personal statements.

A proportion of the samples above are relatively old (five to ten years ago or more).

For some universities the personal statement is more important for applications. Consider for example LSE and UCL, top universities where there are no admissions tests or interviews.

We can look at more recently written and publicly available personal statements.

Based on these, here are some observable trends in recent years among the best performing economics personal statements:

  • More supercurriculars relative to the above personal statements.
  • More reference to undergraduate-level economic theory. This can show further reading and an ability to potentially do well in the undergraduate course.

In this section I am drawing on my experience as a tutor about what makes a great personal statement. I am also using the available online examples of economics personal statements and the criteria listed by the top UK universities.

Such statements are by no means always perfect, yet they show the qualities and skills that allow students to attend the best universities.

These examples allow us to analyse what makes a great personal statement and also where students often go wrong with personal statements.

As a reminder, here are the four features of great economics personal statements mentioned above:

  • Lots of supercurriculars
  • Highlighting key skills
  • Personal takeaways

Here is a breakdown of these categories:

What activities have you completed, outside of class, that relate to economics? Have you read a book, entered an economics-related competition, or watched an economics lecture? These are examples of supercurricular activities. I consider these a key focus for the best personal statements and I discuss these further in my economics personal statement ebook. These show your motivation to study economics which will be critical if you want to study the subject for three years at university.

For more on supercurricular activities, click the link here:

These are what I refer to as “personal takeaways” later in this guide. What did you learn from the supercurricular activity? Detail is very important, both for showing a high level of understanding and also to convince the person reading your statement that you actually completed the activity. This should go beyond just recalling the activity – maybe there is something you learnt from this activity or something you read that you disagreed with. We discuss how to write about personal takeaways in the ebook.

For more information about how to use supercurricular activities in your statement, including how to generate personal insights, click this button below:

Obviously you should try to show academic ability in economics and motivation to study economics. But what other skills are useful to show in a personal statement? 

While there are many skills that could potentially be useful, I draw your attention for now to two key skills: Ability in mathematics and independent study (including research). Evidence from supercurricular activities that you have these skills will help convince admissions staff. Moreover these skills will help you in the economics course.

What constitutes a “well written essay”? 

Your personal statement should be well structured, with effective links between ideas and paragraphs. The grammar should be completely correct, that is  there should be no mistakes. 

Finally consider your vocabulary – can you embed economics-related terminology into your personal statement? You can use a thesaurus but do so with caution – sometimes it is obvious where a thesaurus has been used (and often the new word used does not make sense in that context!).

For more economics personal statement tips or for economics university application advice, check out the link below:

For A-level Economics resources, click the link here:

  • Edexcel Economics notes 2.6.2 Part 1 – monetary policy
  • 2.6.3 Supply side policies – Edexcel Economics notes
  • 2.2 Aggregate demand notes for Edexcel A Economics
  • 2.1.2 Inflation Edexcel A Economics Notes
  • Don’t be fooled! How to understand economic statistics

About the author

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Helping economics students online since 2015. Previously an economist, I now provide economics resources on tfurber.com and tutor A Level Economics students. Read more about me here .

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Sample Economics Personal Statement (admitted to Oxford, Cambridge, LSE)

example of economics personal statement

by Talha Omer, M.Eng., Cornell Grad

In personal statement samples by field.

The following personal statement is written by an applicant who got accepted to top graduate programs in economics. Variations of this personal statement got accepted at Oxford, Cambridge, and LSE. Read this essay to get inspiration and understand what a top economics school PS should look like.

You might also be interested in reading this Statement of Purpose in Economics  that got admitted to Harvard, Yale and Princeton.

Sample Personal Statement Economics

“Flick…chuggachuggachuggaa…puttt-putttt-puutttttt…rizzzz…”

The sounds coming from near the doorway may have startled an outsider but were barely noticed by the people lounging on charpoys and mooras (wicker stools). With the atmosphere abuzz with their chatter, the sputtering sound of the diesel generator lent more time to catch up as the bulbs lit up and fans whirred on throughout the haveli (palace) on an otherwise hot evening. But on days when it refused to crackle, my grandmother would enkindle gas lanterns filling the veranda with hissing sounds and soothing moonlight rays.

I still cherish these memories from my childhood trips to XYZ, my native village, some 450kms from the closest city. At the time, the short sojourns from Kuwait felt rather adventurous. However, the perspective turned wrong when I permanently moved to XYZ. Due to unannounced electricity breakdowns, we would find ourselves groping in the dark to the closest candle stand while sweating in the scorching summer.

And just when we thought it couldn’t get worse, the occasional power breakdowns segued into a full-blown crisis of the decade. Over the next seven years, we witnessed unprecedented power outages averaging 15-18 hours daily. People weren’t just lamenting the loss of mental peace; they were mourning the monetary losses worth billions of rupees translating into 1.5% of GDP.

Fast forward 15 years, and I found myself in a position to alleviate the situation. As Deputy Administrative Head of the Government’s Economic Affairs division, I administer a departmental budget worth $500 million. I am currently undertaking solarization projects. A recent shift towards renewables has occurred after public unrest during the early decade led to hasty investments in thermal-based power plants. Unfortunately, seven years later, we are still reeling from the aftermath of a bitter public backlash as we have the lowest regional electricity consumption per capita.

In addition to high tariffs, the energy sector has been marred by the accumulation of circular debt of $30 billion. This has been caused by multiple factors, such as electricity theft, transmission losses, and non-payment of dues. Having worked in Economic Affairs Division, I have also been part of a team that took massive power sector reforms, including:

  • elimination of subsidies
  • policy formulation on electricity theft and conservation 
  • overhaul of sectoral regulatory bodies
  • privatization of distribution companies et al.

However, as the Program ended, so did the reforms.

Regrettably, negative externalities from these energy woes have had spillover effects on all socio-economic sectors. The environment has especially poorly been affected by the process for the lack of an integrated generation and transmission policy framework in the renewable industry. Being a lower riparian state has also exacerbated climate change. We face extreme weather conditions – floods, droughts, smog, and diminishing water tables. Unable to agree on water issues not covered under the Indus Water Treaty has led to regular skirmishes and legal battles in the International Court of Justice.

Given the background, my country’s economic and Energy woes require a holistic understanding of the subject. This makes Economic policy specializing in Energy the right choice for my graduate studies. Furthermore, I can become an effective leader and economist in the sector through the interdisciplinary pedagogical approach covering policy, economics, management, law; practical skills; quantitative and qualitative analysis within an international context.

My aim is socio-economic development in tandem with confidence-building measures and strategic partnerships with the neighboring countries. Studying at Oxford will provide this learning opportunity in and out of the class as I will interact with some of the most brilliant minds worldwide and work in teams with them. I also look forward to student-led events, conferences, guest lectures, field trips, and panel discussions to augment my understanding of supranational political demands. This will help me lead economic policy reforms for the next 25 years.

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Successful Personal Statement For Economics At Cambridge

Last Updated: 12th April 2022

Author: Chloe Hewitt

Table of Contents

Welcome to our popular Personal Statement series where we present a successful Personal Statement, and our Oxbridge Tutors provide their feedback on it. 

Today, we are looking through a Economics applicant’s Personal Statement that helped secure a place at Cambridge University. The Economics Course at Cambridge provides a rounded, rigorous education in Economics which is valuable for a wide range of career paths.

Read on to see how this candidate wrote a Personal Statement that helped secure their place on a reputable degree. 

Here’s a breakdown of the Personal Statement:

SUCCESSFUL?

The universities this candidate applied to were the following:

Enrolling on our Cambridge Economics comprehensive Programme will give you access to Personal Statement redrafts. 

With our  Oxbridge Economics Premium Programme, your tutor will give you regular actionable feedback with insider tips on how to improve and make your Personal Statement Oxbridge quality for the best chances of success.  

Discover our Premium Programmes today to learn how you can enrol and triple your chances of success.  

Economics Personal Statement

The right answer – does such a thing even exist? When considering the field of mathematics, my response would be an unequivocal yes – indeed, I find its simplicity and elegance some of its most attractive qualities. For economics, however, the question of a right answer is not so straightforward. My interest in economics was sparked when I read “Freakonomics” and “SuperFreakonomics”. I found the search for a logical explanation behind seemingly illogical behaviour intriguing, and the idea that small changes to incentives could effect such large changes to those behaviours fascinating.

To further my understanding, I attended lectures at the LSE, including one given by Ha-Joon Chang. His arguments challenged much of what I had learned – deregulation and trade liberalisation would not, apparently, stimulate competitive growth, while education, it turned out, could not be counted on to increase entrepreneurship or productivity. These contradictions made me eager to read his “23 Things They Don’t Tell You About Capitalism” and “Bad Samaritans”. Although relishing his controversial stance on almost everything, I found his central thesis – that by using protectionism to support fledgling domestic industries, other poor nations can emulate South Korea’s success – overly optimistic and one-size-fits-all. As Paul Collier argues in “The Bottom Billion”, many are trapped by conflict or bad governance, with even bleaker prospects after “missing the boat” on which many Asian economies sailed away to prosperity.     

While economics is rooted in the world around us, with all its fascinating, messy complexities, mathematics derives its beauty from its abstract nature. It is unique in that it can lead us to an answer that is not merely the right one, but is true in an absolute sense. This was emphasised by G. H. Hardy in “A Mathematician’s Apology”, where he spoke of a mathematical reality distinct from the ordinary one, of which we can only ever hope to produce a “partial and imperfect copy”. Another of the appeals of mathematics is its breadth of application. I was able to explore this over the past three years in a series of Royal Institution master classes covering topics from graph theory to the mathematics of juggling. My decision to continue with mathematics was confirmed when I undertook the AEA; I found it challenging but immensely satisfying to be able to use simple concepts from the A-level core modules to solve even the most daunting problems.

Over the past year, I have mentored two students in mathematics. Explaining concepts to them helped deepen my own understanding and led me to explore proofs behind theorems I had previously accepted. In addition, acting as a primary school classroom assistant inspired me to set up my own volunteering scheme, in which I and other students help children learn to read. I have enjoyed competing in the UKMT Mathematics Challenge, in which I won a medal at Olympiad level, and the UK Linguistics Olympiad, in which I twice progressed to the selection round for the national team. I have also represented my school in the Hans Woyda competition, and am excited to be doing the same in the Target 2.0 challenge later this year.

Despite their differences, the authors I mentioned above hold something in common: their use of empirical methods to reach conclusions. It is here that the attraction of combining the study of mathematics and economics becomes especially apparent. Without mathematics, economics risks beginning to earn its title “the dismal science”, reducing to speculation and rhetoric without even the emotional investment enjoyed by politics. This is not to dismiss the importance of normative economics, but to say that it draws meaning from a basis in fact. I am not arguing for sound bite solutions to complex questions, but rather that, even in a field as hotly debated as economics, the right answer is still a worthwhile goal, reachable through the use of data and copious amounts of trial and error.

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Good Points Of The Personal Statement

This statement is thoughtful and interesting, and conveys clear motivations for studying Economics, as well as demonstrating a good level of preparation for university study. The student elaborates on their response to each preparatory activity they engaged in, rather than falling into the trap of simply listing books read and lectures attended. They are clearly passionate about the subject, and show promise as an economist, which they demonstrate in, again, not only listing their achievements, but explaining what they took from the experience, and subtly indicating what this says about them as a student.

Bad Points Of The Personal Statement

I have very little to say in criticism of this essay except that, perhaps, it could come across as a little cliché. Questioning whether there is such a thing as ‘the right answer’ in the introduction, and concluding that pursuit of the field to which they’re applying for further study is worthy are both very common.

UniAdmissions Overall Score:

This is an exceptional personal statement. Not only is the student accomplished, they convey this without bragging, and in enough detail that we gain insight into their abilities, motivations, and personal interests, rather than simply receiving a list in prose form. Though the ideas with which the student begins and concludes the statement are somewhat unoriginal, the explanation found in between is exceptionally strong, and justifies the unoriginal sentiments – they’re clearly not being added just as throwaway lines.

This Personal Statement for Chemistry is a great example of demonstrating motivation and development which is vital to Admissions Tutors.

Remember, at Cambridge, these Admissions Tutors are often the people who will be teaching you for the next few years, so you need to appeal directly to them.

Check out our other successful personal statements and our expert guides on our Free Personal Statement Resources page.

Successful Personal Statement For Law At Cambridge

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Our expert tutors are on hand to help you craft the perfect Personal Statement for your Cambridge Economics application.

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  • Economics Masters Personal Statement Sample

Written by Hannah Slack

This is an example personal statement for a Masters degree application in Economics. See our guide for advice on writing your own postgraduate personal statement .

The notion of financial risk has always fascinated me. Risk is involved all parts of our life, and learning economic theory and statistics can help mitigate some of the larger financial risks that can massively impact our economy. Since my undergraduate course I have been intrigued by the theoretical side of economics and statistics. I particularly enjoy learning how to project potential outcomes, as this is a vital skill desired by many corporations to strengthen their decision-making processes.

Currently I am in my final year of an Economics undergraduate degree and I am projected to graduate with a first. Modules in Behavioural Economics, Finance and Investment have been a strong interest of mine since the beginning of my degree. I have also enjoyed learning more about economic policies across the globe. In order to keep up to date with the latest economic policies I make sure to follow governmental and news outlets, such as the Financial Times.

In my second year I completed a four-month placement with a national bank. This allowed me to learn more about the practical implications of economic theory in a financially focused setting. I grew very interested in the work of the Risk Manager, who further enlightened me on the many different factors that must be considered before making a major financial decision. The main thing that I enjoyed about financial risk was the tangibility of it. As history has demonstrated, financial decisions can have a major impact on society, both positive and negative. Learning how to restrain negative impacts, and how to manage risks appropriately, intrigues me as an essential part of our modern world.

My third year I spend abroad studying Economics in Australia. I found it particularly interesting to learn the differences between the Australian economic system and the UK’s, which will become increasingly important with the advent of post-Brexit trade deals between the countries. This experience only contributed to my enthusiasm with economic theory as I was able to learn more about its role within other countries.

I have decided to apply for this course because it is one of the finest in the country, with excellent links to industry. To contribute to financial risk management in the way I aspire to, I believe that I need the best education possible. This course not only has a compelling combination of modules and specialisms, but its reputation and research quality will help propel me as a competitive graduate on the job market. I truly believe that with my passion and intrigue in the subject, and this course’s quality resources, this university will be the best place for my studies.

What are some of my options for studying a Masters in Economics?

Economics - msc, university of cologne faculty of management, economics and social sciences, behavioural economics (msc), erasmus school of economics masters programmes, business economics/international business economics msc, city, university of london school of policy and global affairs, health economics for health professionals msc, pgdip, pgcert, aberdeen university medicine, medical sciences and nutrition, health economics and policy msc, our postgrad newsletter shares courses, funding news, stories and advice, find a masters in economics.

If you're interested in a studying Economics, then why don't you check out our regularly updated catalogue of available Economics Masters courses .

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Ensure your enthusiasm for economics stands out

It's key to explain in your personal statement why you’re interested in economics and why you want to study it.

Think about the following:

  • Show an appreciation of mathematical concepts.
  • Reflect on something that has given you an insight into local, national, European or global economic issues, and explain what interests you about it.
  • If you have already been studying economics at A level (or equivalent), talk about an area of the course you’ve found especially interesting.
  • If you haven’t studied economics before, explain what has inspired your interest in it.
  • What especially appeals to you about the subject or the courses you’ve chosen? You can look up specific course details using our course search .
  • Demonstrate that you have a real interest in economic principles and concepts.
  • Show some understanding of economic theory.

What to include in your economics personal statement

  • Your long-term goals: explain how your degree choice fits with your future ambitions and career aspirations.
  • Wider reading: do pick out one or two specific issues that had an impact on you – just saying you subscribe to ‘The Economist’ or ‘The FT’ or that you’ve read ‘Freakonomics’ or ‘The Undercover Economist’ won't have an impact unless you elaborate. Better still, think outside the box and write about something you’ve read that’s slightly more obscure. As one admissions tutor said: 'If I read about ‘Freakonomics’ one more time, I’ll scream.'
  • Economics-related experience: reflect on any work experience, responsibilities, or non-academic interests or achievements that are relevant to economics or demonstrate appropriate skills or qualities.
  • Other relevant insights: if you’ve undertaken an economics-related project, Extended Project Qualification (EPQ) or summer school, reflect on any insights this has given you.
  • Demonstrate your skills: give examples of skills you possess that will serve you well as an economics student and mean you're able to proactively contribute to the course. These could include self-motivation, teamwork, the ability to think logically, effective time management, good communication, or problem-solving skills.

What not to include in your economics statement

We've also picked up some tips on what to avoid:

  • Don’t skim the surface – be specific.
  • Don’t give a shopping list of things you’ve read or done.
  • Don’t exaggerate.
  • Don’t waste space trying to impress with things you’ve done that aren’t relevant – relate everything to the courses you’re applying for.
  • Don’t make sweeping claims about your 'passion for economics', how you’ve 'loved it from an early age' and 'what an honour it would be to get accepted at your university'.
  • Avoid grammar and spelling mistakes.

As the University of Bristol's ' Why Study Economics? ' website says, 'a straightforward personal statement that gets all the core points across in a coherent way serves the purpose best'. So do say something that will stand you out from the crowd, but avoid being too off-the-wall.

Don't be too bland and generic, either. London School of Economics says 'your statement should be as original as possible to differentiate you from other applicants' while the University of Nottingham looks for 'students with a wide variety of interests and enthusiasms from a wide variety of backgrounds'. Strike the right balance by demonstrating your enthusiasm, your intellectual curiosity, and the quality of your insights.

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By Nik Taylor (Editor, The Uni Guide) | 21 September 2023 | 8 min read

Writing an economics personal statement: expert advice from universities

Get your economics personal statement in top shape with these insider tips

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The university application personal statement is changing in 2025
University admissions service Ucas has announced that a new style of personal statement will be launched in 2025. This will affect anyone making a university application from autumn 2025 onwards.

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Read around the subject 

  • Read more:  how to write an excellent personal statement in ten steps

Let your passion for economics shine through in your personal statement

  • Read more:  teacher secrets for writing a great personal statement

Make sure you really understand what economics is all about

Do your research into the course.

  • Read more:  personal statement FAQs

Keep your personal statement personal

Talk about how you engage with the world around you.

  • Read more:  the ten biggest mistakes to avoid when writing your personal statement

Show your interest in collecting and analysing data

  • Read more:  universities reveal all about personal statements

Don’t only focus on finance

  • Read more:  universities explain how to end your personal statement with a bang

Include extracurricular activities with relevant skills

  • Read more:  how to write your personal statement when you have nothing interesting to say

You could talk about your plans for your future, but don’t worry if you don’t have a definite career trajectory all mapped out

  • Read more:  how long does it take for universities to reply to your application? 

It shouldn’t matter if you haven’t studied economics before

Proofread your personal statement before you send it out, you may want to look at these..., personal statement secrets – universities reveal all.

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PERSONAL STATEMENT EXAMPLE BSc Economics Personal Statement

Submitted by Dorothy

BSc Economics Personal Statement

Inequality; the perfect word to describe the problematic world that we live in, the world we have made our own. The government takes huge responsibility to the reason as why some countries are poor and some are rich. We have all had an impact on the less fortunate countries, from wasting food to having a long, hot shower. If we switched places with those living in poor conditions, we would not know how to cope. We have been brought up in a selfish society, where we do not think about others. This is why I have a keen interest in economics as I am able to apply my mathematical knowledge to economic issues.

Through recent years I have noticed the growing changes in the exchange rate and have taken a keen interest in learning about how this affects a country's economy. To educate myself further, I have taken part in online webinars, open day lectures and have read through numerous online articles regarding the subject.

Whilst studying towards my Business qualification, I was given the opportunity to partake in a Young Enterprise programme, which involved the creation of an innovative business. I and other sixth form students came together after looking at several business ideas and we decided upon the name “Tech-Ex”. The slogan for the business is “The place for all your tech needs.” I was given the role of Finance Manager, which involved keeping track of the business’s financial position. This included thorough research of various possible products and considering the cost of resources, development and advertising. Using an online database I recorded the business’s cash flow, this entailed keeping a record of all purchases and sales. The business worked a success and we got given the opportunity to visit Lithuania to compete against other businesses within the EU. At the North Wales competition, we won “the best company” award and “the best use of IT and marketing”. This enabled us to compete in Cardiff for the Wales award. The whole team worked together to make Tech-Ex successful, whilst breaking-even within 6 months and making a profit of over £900 within a year.

My main interest in economics stems from my love of numeric based learning. To further my knowledge of the financial sector I volunteered my services to two financial sector based organisations, one was HSBC. During my week of work experience at HSBC, they allowed me to spectate and gather information on the daily activates of a high street bank. This provided me with a great deal of further insight into how banks protect and help their clients, whether they are a business or personal customer they are treated with the same level of respect and provided with the same information regardless of wealth or status.

The other work experience placement that I was involved with was at Sailsbury’s accountancy firm where I was given the task of conducting a tax return for a local business client of theirs. To carry out this task I needed to look across all the businesses invoices over the past financial year and sus out which invoices they could claim against. This involved looking at their recent purchase orders and daily/weekly cashflows. Whilst working at Sainsburys I was placed under the supervision of a fully chartered accountant who delegated some of her tasks onto me, these tasks gave me further insight into the economic difficulties that businesses face such as paying VAT, taxes, employee pension schemes, etc.

Outside of my academic life, I have a keen interest in helping others. I have been a volunteer for The Alzheimer’s Society since 2015, within a year I have gained the title of a support services volunteer. Once a month I visit a surgery and set up a stand with information about Dementia, formally known as Dementia RED. This has been a success and has allowed me to help people with their questions and concerns about their memory or someone else's memory. Being the eldest of all 8 of my siblings I have to set the example and I feel by helping the community I am doing that. Within school, I am a prefect and during November I am going to run assemblies to all of the years about bullying, discrimination, racism, etc. With all the business knowledge I have acquired I am looking forward to gaining an even greater understanding of the daily changes that occur within our economy. I particularly look forward to further educating myself about the various aspects of economics and the doors that this will open for me in the foreseeable future. Although I understand that this degree will by no means be easy and will undoubtedly present me with a multitude of challenges, I know that my strong will and passion towards learning about the future of the world’s economy will spur me on to achieving this degree.

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Economics personal statement example 20.

Having been born in the UK, with parents from Delhi and Kenya, I feel my background has given me an internationally diverse outlook. In my travels, I have met with both the affluence of Europe and the poverty existing in India. Such contrasts have compelled me to seek an understanding of the forces that drive the world economy, and why after centuries of economic theory such inequalities continue to exist.

Over the summer, I have been researching India's economic development, partly stimulated by the issues above. The Indian economy is a fascinating topic for me, not just due to my heritage, but because of the juxtaposition between rapid increases in wealth on the one hand and the Sub-Saharan African levels of poverty on the other. Another part of economics I find appealing is the use of theories. I have been introduced to the Tragedy of the Commons and the Coase Theorem's take on externalities. My interest in strategic decision-making has been boosted by Game Theory, which has developed an understanding of the situations faced by oligopolies and the implications of Nash equilibrium. Such theoretical models have led me to Experimental Economics and Charles Holt's 'Markets, Games and Strategic Behaviour', in an attempt to see if people actually behave in the way theory predicts.

Being awarded the 2007 Kirk Cup for Mathematics at school, encouraged me to take A-level Further Maths. My problem solving skills and ability to manipulate algebraic variables have since been enhanced, which is beneficial considering the numerical analysis involved in economics. Given the problematic nature in conducting controlled experiments, I am eager to explore the range of statistical tools available to economists.

Presently, I offer tutoring for GCSE Maths students, and have taught an adult how to use various PC applications in the past. Such an experience has stressed the need for planning, patience and presenting work coherently for others to follow. I have also used graphical design software to produce adverts for my Mother's beauty business, and have assisted with book-keeping for annual tax returns. It has been noticeable how economic factors affect such a business; for example how demand for different treatments has changed with the credit crunch.

My internet browser's homepage is set to prompt me with the latest headlines from the BBC Business website, as it is a priority for me to keep up-to-date with the world around me. In addition, for different opinions, I also frequently read articles on economics in various newspapers. Reading books by economists, such as John Kay, has led me to appreciate better how concepts have developed over time. These include 'The Penguin History of Economics' by Backhouse and Levitt's 'Freakonomics', which I found entertaining, but thought lacked true economic substance. Besides reading, my other hobbies include remixing music on the computer and using Investopedia.com, on which I have a virtual portfolio of shares. As a representative of my college's debating team, my communication skills have greatly improved. At our next debate, I will be arguing for the wider use of congestion charges.

The recent economic turmoil has reinforced my belief in how economics is truly an integral part of our lives. University will provide the ideal environment in which to strengthen and test my understanding of such a discipline, whilst being a place where I can formulate and contribute my own theories to the subject. After receiving full marks in AS-level Economics, I have set myself a high standard, and I wish to continue my ambitions in the finance industry. However, I recognise that my passion for economics will lead me to many more career horizons.

Profile info

This personal statement was written by Mopac for application in 2009.

Mopac's university choices Oxford University London School of Economics University College London The University of Warwick University of Bristol

Green : offer made Red : no offer made

Degree Economics & Management at Oxford University

Mopac's Comments

When writing this personal statement there were a few key points (about myself) that I wanted to get across. I wanted the let the university know that I have a genuine (not just an academic) interest in economics. I wanted to stress my knowledge of the subject (by bringing up various theories, and mentioning books I have read). And of course, I also wanted to emphasise my academic success.

I have to admit, writing this personal statement was one of the hardest things I've ever done, but I guess its all worth it in the end.

Related Personal Statements

Tue, 17/08/2010 - 17:19

Your statement is really amazing and has helped me a lot! Do you think there is anyway in which I could get in touch with you? Especially as I am applying for economics and management this year and would love some feedback from someone who has experienced the whole process. Thank you!

Fri, 10/09/2010 - 02:13

yeh sure I'd be happy to help - sorry about my late reply by the way. Do you have an email address I can send mine to? (prefer to do it this way =P)

Same "guest"

Thu, 16/09/2010 - 20:29

Hey I'm glad you got back to me!

My email address is [email protected] (this is just a subsdiary email) but I did not want to put my original one in the public domain! If you email me on this, I will definitely email you back from my "actual" one!

Tue, 28/09/2010 - 10:12

I really like your statement especially the indirectness with which all your points come across. Perhaps the best personal statement i have read so far on economics and relevant subjects

Thu, 28/10/2010 - 11:31

Hi, i am applying to ucl and lse and im currently in the process of writing my personal statement.. I was hoping that upon completion you could read it andtell me if i have a chance and also suggest you input.. Thanks.. Can you give me your email? Or email me at [email protected]

Hey, this personal statement

Thu, 21/07/2011 - 18:34

Hey, this personal statement is absoloutly amazing and I really want to study economics at LSE. Could I email you my personal statement?

Fri, 23/09/2011 - 21:26

hey, This piece of ps is absolutely splendid! are you open to reviewing ps' and giving any feedback at all? cheers

hey i really need your help

Sun, 23/10/2011 - 08:54

hey i really need your help with my personal statement. how can i contact u? please check mine and help me out. i love ur statement btw

How the hell did you get an

Thu, 03/11/2011 - 20:49

How the hell did you get an offer from Oxford, LSE and not from University of Bristol?

:O Help me out here please! Because I am applying to Bristol but my predicted grades are AAD which are way way below yours. Im thinking if you didn't get an offer then where in the hell will I get one?

I would love to get some help

Mon, 07/11/2011 - 09:40

I would love to get some help from you regarding on my personal statement!

Hi Mopac. I mailed you at the

Tue, 18/09/2012 - 07:58

Hi Mopac. I mailed you at the above id but it says delivery error. Can you please give me your e mail? i need your help man!

Mon, 01/10/2012 - 14:55

hey! i would really like your help in writing my personal statement .. since you have such a good one ... thanks

Wed, 24/07/2013 - 16:00

I appreciate you sharing this article.Really looking forward to read more. Much obliged.

Thu, 22/08/2013 - 03:22

If you don't mind me asking, what grades did you get at GCSE and A level?

Hi, i'm planning to study

Thu, 19/09/2013 - 16:15

Hi, i'm planning to study economics at uni preferrably at either LSE or Cambridge, im having difficulty writing it at the moment, is it possible if you can email me?

Hey, this is really good and

Sun, 06/10/2013 - 15:11

Hey, this is really good and i am applying for economics and maths at lse (main target), I was wondering if i could get in touch with you somehow. Thanks

someone help me do mine

Tue, 07/01/2014 - 09:33

just kidding

Overall a very strong

Sun, 13/07/2014 - 12:10

Overall a very strong personal statement in my mind. I especially liked the opening and the way you subtly included academic results without wasting too many characters. Whilst, if I'm honest, the book keeping and such for your mum isn't the greatest work experience, the following passage where you described the skills you gained from it and how they would be applicable to the course is great. I only hope my personal statement can be near the same standard as this.

Hi. Your personal statement

Thu, 07/08/2014 - 18:10

Hi. Your personal statement is great. I've written about 3 drafts but I am not sure about them. Can I get ur email address and i can email my personal statement to u. plz plz plz. Help!!

Add new comment

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COMMENTS

  1. Economics personal statement examples

    Economics degree personal statement example (1e) UCL offer. Submitted by: Anonymous. "Travelling around the world, and having visited places including America and Iran, has allowed me to personally witness..." Economics degree personal statement example (2d) with review. Submitted by: Anonymous.

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    Economics Personal Statement Examples

  3. 7 Economics Personal Statement Examples

    Examples. Firstly, here is a list of ten economics personal statement examples available online. Also below, there is analysis of what makes a great economics personal statement. + Good evidence of independent study. + Great supercurricular activities discussed.

  4. Economics Personal Statements

    Economics Personal Statement Example 5. Choosing an undergraduate degree in economics is a result of my deep seated curiosity to know why economies are they way they are; why oil prices in my country, Pakistan, rapidly fluctuate whereas economies like USA and China continue to strengthen despite recessions...

  5. Sample Economics Personal Statement (admitted to ...

    The following personal statement is written by an applicant who got accepted to top graduate programs in economics. Variations of this personal statement got accepted at Oxford, Cambridge, and LSE. Read this essay to get inspiration and understand what a top economics school PS should look like. You might also be interested in reading this ...

  6. Successful Personal Statement For Economics At Cambridge

    This statement is thoughtful and interesting, and conveys clear motivations for studying Economics, as well as demonstrating a good level of preparation for university study. The student elaborates on their response to each preparatory activity they engaged in, rather than falling into the trap of simply listing books read and lectures attended.

  7. Economics Masters Personal Statement Sample

    Economics Masters Personal Statement Sample. Written by Hannah Slack. This is an example personal statement for a Masters degree application in Economics. See our guide for advice on writing your own postgraduate personal statement. The notion of financial risk has always fascinated me.

  8. Economics and Finance Personal Statement

    Economics and Finance Personal Statement. Over recent years I have developed a passion for looking at current events and how they affect the economy. This interest originates from the enjoyment I get from using maths to analyse a problem, as many situations can be explained clearly using maths. Economics is a subject that is very much alive and ...

  9. Personal statement advice: economics

    What to include in your economics personal statement. Your long-term goals: explain how your degree choice fits with your future ambitions and career aspirations. Wider reading: do pick out one or two specific issues that had an impact on you - just saying you subscribe to 'The Economist' or 'The FT' or that you've read ...

  10. Economics & Statistics Personal Statement Example

    Economics & Statistics Personal Statement Example

  11. MSc Economics Personal Statement Example

    MSc Economics Personal Statement Example. Economics is a social science that uses mathematical models and empirical evidence to understand how people use resources, produce goods and services, and interact with each other to create economic systems. The study of economics plays a vital role in helping us understand how the decisions we make as ...

  12. Writing an economics personal statement: expert advice from

    Writing an economics personal statement: expert advice ...

  13. Economics Personal Statement 10

    Example 10 - Inspire your Economics personal statement with our UCAS examples and learn from previous students who have already applied to university.

  14. Economics Personal Statement 12

    Economics Personal Statement My interest in studying economics is born from my growing up in the wake of an economic crisis that affects both my present and my future. The huge rise in unemployment and poverty that followed the great recession are things that mean my generation face a great struggle as we leave education and enter the working ...

  15. How to Write an Economics Personal Statement

    Step 7. Think ahead to any potential interviews. Some competitive universities (such as Oxford and Cambridge) routinely interview candidates as part of the application process. Your UCAS personal statement will be an important deciding factor in whether you get offered an interview with your chosen university.

  16. Economics degree personal statement example (2d) with review

    Economics degree personal statement example (2d) with review. This is a real personal statement written by a student for their university application. It might help you decide what to include in your own. There are lots more examples in our collection of sample personal statements. I am applying to study a degree in economics principally ...

  17. London School of Economics (LSE) Personal Statements

    London School of Economics (LSE) Personal Statements

  18. Economics and Finance Personal Statement Example 15

    Economics Personal Statement Example 1 Examination of any quality newspaper will probably demonstrate that more of the headlines address economic problems than any other topic. The importance and relevance of economic related disciplines to the modern world have led me to want to pursue the study of the subject at a higher level.

  19. BSc Economics Personal Statement

    Inspire your BSc Economics personal statement with our UCAS examples and learn from previous students who have already applied to university. Order Prospectus; ... PERSONAL STATEMENT EXAMPLE BSc Economics Personal Statement . Submitted by Dorothy. All Economics Statements Search Economics Courses .

  20. Economics Personal Statement Example 32

    This personal statement was written by Jellybean732 for application in 2012. Statement rating: One look at the world around us and we can instantly see how vital a role economics plays in every aspect of life. A fleeting glimpse of a newspaper headline or the core section of the evening news will tell you that economics influences nearly ...

  21. Economics & Politics Personal Statement Example 1

    Economics & Politics Personal Statement Example 1. My perception of the world changed on September the 11th 2001, when I returned home from school to find that a terrorist organisation had attacked the World Trade Centre. The attack destroyed my feeling of security, provoking me to probe and question the world around me in a way I hadn't before ...

  22. Economics Personal Statement Example 20

    Economics Personal Statement Example 20. Having been born in the UK, with parents from Delhi and Kenya, I feel my background has given me an internationally diverse outlook. In my travels, I have met with both the affluence of Europe and the poverty existing in India. Such contrasts have compelled me to seek an understanding of the forces that ...