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History & economics personal statement example 1.

Is one of the useful lessons of the Great Depression that the European periphery cannot restore its competitiveness whilst fixed to an overvalued currency without inducing a debt deflation trap? A study of economics and history can help illuminate such contemporary challenges. United in their drive to understand how societies function and develop, they can be highly complementary disciplines. For example, not only can historians derive unique and more quantifiable insights through the use of economic tools of analysis, but economists also must often have a historical awareness in order to identify the assumptions that their abstract model or theory rests on.

Economics appeals to me because of its precise and logical approach to the dissection of human behaviour and societal issues, which can be harnessed as a pragmatic guide to action. The breadth and depth of this explanatory power was revealed to me through attending Debate Chamber's Economics Summer School, which enabled me to engage with a vast array of ideas from indifference curves to Marx's labour theory of value to China's currency manipulation, all illuminating some of the forces which affect our lives or control our decisions. Moreover, reading "The Worldly Philosophers" by Robert Heilbroner helped contextualise many of these theories.

Due to my fascination with how government intervention can alter market processes, I have researched state capitalism's success in fostering economic development in East Asia for my Extended Project, leading me to books like Atul Kohli's "State Directed Development". The project has made me realise the immense potential of state investment to induce rapid industrialisation when tied to focused and technocratic political institutions, but also the challenges raised from suppressed domestic demand and export reliance, as in China. My independent research skills have been further enhanced through writing both my RES competition essay "A breakup of the euro provides the best hope for a durable recovery of the European economy. Discuss", and my IEA competition essay in which I used OCA theory and economic differentials to demonstrate that the Eurozone is a suboptimal currency union.

Discovering how changing economic, social and political forces moulded the values, structures and prosperity of past societies is central to my love of history. For this reason, the all-encompassing ideological experimentation and economic fluctuations of the European inter-war period fascinates me. This was fuelled through reading "Dark Continent" by Mark Mazower, which provided incisive interpretations into these processes of profound change.

In particular, I found his argument that post 1918 liberalism's downfall was due to its ideological dogmatism in the face of a more polarised and collectivist age very thought provoking in its implications about democracy's long term stability. In contrast to this collectivist period, reading "The People and the British Economy 1830-1914" by Roderick Floud demonstrated to me how, through free trade and laissez-faire governments, economic agents following their own interests can greatly improve the prosperity of a society as a whole. Reading "What is History?" by E.H.Carr made me appreciate the elements of historical theory that must be considered when undertaking a historical inquiry. However, I felt his definition of objectivity within history to be excessively narrow and restrictive in its implications.

Outside my studies, I am pursuing my DofE gold award which has involved me teaching dyspraxic children trampolining for a year, developing my communication skills. I have also achieved my black belt in Tae-Kwon-Do after eight years, teaching me self discipline. Finally, partaking in my school's debating society has taught me how to organise my ideas in a coherent style. I hope these skills will enable me to embrace these subjects with the dedication they deserve.

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This personal statement was written by leurs6 for application in 2013.

leurs6's university choices Oxford University The University of Nottingham The University of York The University of Warwick The University of Durham

Green : offer made Red : no offer made

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

example personal statement history and economics

by Talha Omer, MBA, M.Eng., Harvard & 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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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.

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:

  • 12 Practice Papers for A Level Economics 2024
  • The economics of why people give gifts
  • What economic theory says about immigration
  • Edexcel Economics A Paper 1 2024 – Tips and Practice Questions
  • Can the free market provide public goods?

About the author

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

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How to Write an Economics Personal Statement

example personal statement history and economics

Many students are unsure of how to write an Economics personal statement as they haven’t written one before. Starting your personal statement can be daunting, but you are not alone! We are here to give some pointers for students wishing to study Economics at university, particularly those applying to UK universities via UCAS. We have separated the process into three stages – research, writing and editing.

What to Research for your Economics Personal Statement

What to include in your economics personal statement, how to edit your economics personal statement, research your economics courses.

Research is vital for writing your Economics personal statement. First, you should have good knowledge of the Economics courses you are applying to. How does the university describe the Economics course (e.g. how Mathematical is it?). What content does the course include? Will your interested area in Economics be taught in the course?

Research Advice on How to Write an Economics Personal Statement

Second, you may want to read Economics personal statement examples from past applicants. This will give you some information what a good Economics personal statement includes, and what you should aim for. It is also good to look up any advice on writing personal statements. For example, this article you are reading! LSE also provides some general advice to writing any personal statement.

Research Which Aspect of Economics you are Interested in

Finally, you should research into the topic in Economics that you are interested in, which we will discuss more below. Google Scholar is a great way of searching for academic papers/essays regarding a specific Economics topic you want to learn more about. Another option may be to look through any suggested texts/reading for the university course you are applying to – does any topic in particular catch your eye? Finally, our article on Economics books to read for your personal statement may also help.

An Economics personal statement consist of many different components, and we explain the reason behind including each one in the sections below.

Area of Interest in Economics

In your statement, more than half of it should be used to show academic interest for a key topic/theme in Economics. The topic can be an extension to A-Level/IB syllabus that is slightly more advanced, or it can be something that will be explored further at degree level. This shows your understanding of Economics, and is a good opportunity to impress the admissions tutor with your enthusiasm. Remember – if you are interested in studying Economics, you should be self-motivated to learn more than what you are required to! Ideally, the topic/theme should also be tied to your personal reason to study the subject. This will make your interest more genuine, consistent and convincing. Have a specific topic in mind? Ask us about it !

Your Opinion on Economics

It is all well and good to explain what aspect of Economics you are interested in. However, that is not enough – admissions tutors would want to know your opinion on the issue/concept you discussed. They want to understand if have processed and understood what you have learnt, rather than just regurgitating it. It also demonstrates your ability to think and evaluate about a topic in Economics critically, showing independence of thought.

Motivation to Study Economics

Of course, you need to specify why you wish to study your subject in your statement. It is important to figure out a good reason here that is relevant to you personally, in order to stand out. Avoid generic reasons like ‘I wish to study Economics to understand the world better’ or ‘I wish to study Economics as my father works in finance’. Think deeper – what is it that is uniquely different about your environment, or what you experienced, that causes you to be interested about Economics?

Interest in Mathematics

For most, if not all Economics courses, there is a large amount of Mathematics involved. This is because Economics pursues a more scientific approach via Mathematical Modelling and Econometrics at higher levels of study. Hence, it is important for you to demonstrate your interest in Mathematics, and the use of it within Economics. You can reduce emphasis in this component if the course you are applying for involves less Mathematical modules.

Extra-curricular activities

It is important to include some extra-curricular activities relating to Economics, as it demonstrates your interest in the subject outside of your studies. Ideally this can relate to your area of interest in Economics and your motivation to study the subject. The activities can range from anything such as reading books on Economics , attending Economics events, to having a related work experience. If you want to include any experiences not relevant to Economics to show what you are like as a person, that is certainly acceptable, but should be less than 25% of your statement. Ask our Economics admissions advisor a free question below if you would like to know more about the various activities, and how to write about them.

Please enable JavaScript in your browser to complete this form. Ask Wilfred a Free Question on GCE, IB or GCSE Economics * Email * We will answer your question by email and send you relevant notes/materials for your Economics course. Email Ask

After a first draft, it is important for you to get someone to review your Economics personal statement. This can help give you an objective perspective on what others think. Show it to your careers advisor at school, your Economics teacher, your Economics classmates, maybe even parents/siblings that have gone through a similar process. Of course, those who have more exposure to the subject may be a bit more helpful, like someone who applied for an Economics degree a few years ago. If you need professional, personalized advice on your Economics personal statement, you can reach out to our qualified admissions advisor for suggestions. After receiving feedback, you can edit your personal statement accordingly, taking into account each reader’s unique perspectives. You will then have to compare the suggestions and decide which parts/sentences to keep, change or remove. After many changes/edits your personal statement will finally be concise, unique and polished enough for submission!

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  • Writing Personal Statements
  • Each school will ask you to write a personal statement. While the prompts vary across schools, generally a personal statement will ask you to describe your research interests, qualifications, and career goals.
  • Schools vary in their importance of the personal statement, but it is an area that students tend to have a lot of questions about.
  • The personal statement should be clear and well-written. Be realistic about your career goals. While showing interest in research in economics is important, don’t spend too much time describing your passion for economics. This will be unlikely to persuade admissions committees. Get to specifics as soon as possible.
  • For example, be as specific as possible in describing your past research and course experiences. For example, instead of writing, “I was a research assistant to Professor X and learned a lot through that experience”, spell out exactly what you did. Did you implement data analysis for Professor X? Was that analysis based on a recent methodological advance that you needed to figure out? What type of analysis was it? How did you solve the problems that occurred when implementing the analysis? Be as specific as possible. If you relied on coursework (for example, you proofread and edited a proof in a paper), mention the mathematical background that allowed you to accomplish this task.
  • You should describe potential research interests, but you don’t need to know exactly what you would like to research in graduate school. Interests change, and it is unlikely admissions committee will place tremendous stock in the specifics of your research proposal. In describing potential research, you should write clearly about your interests and show that you understand how to discuss a potential research project in economics. You can ask an advisor or letter-writer to look over your personal statement.
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Personal statement

The quality of an applicant's personal statement is very important at LSE. The School does not interview for places so this is an applicant’s only opportunity to demonstrate they are a good fit for the course. Applicants should consult the advice here, as well as advice from UCAS when preparing to complete this section of their application. 

Please note that writing a personal statement following the guidelines below does not guarantee an offer of admission. Personal statements are looked at on a comparative basis and there is a great deal of competition for places at LSE. 

LSE does not accept additional or supplementary personal statements. We can only consider the personal statement submitted via UCAS.

Writing your personal statement

We expect that your submitted Personal Statement is structured and coherent and that you fully utilise the space available on your UCAS application form. We expect that you have checked spelling, punctuation, and grammar and that your Personal Statement flows in a logical order. We expect that your Personal Statement is entirely your own original work. We reserve the right to reject your application where it has been found that a statement has significant similarities to a previous submission or has been created with the use of Artificial Intelligence.

Before you start writing, do your research

Before you start writing your personal statement, you should visit our course guides . These guides give information on the course content of each of our undergraduate programmes. 

When assessing your personal statement our Admissions Selectors will look at how well your academic interests align with the LSE course. So, for example, the Anthropology Admissions Selector is likely to prefer a statement which focuses mainly on social anthropology - which is taught at LSE - over one which suggests the applicant is very interested in biological anthropology, or a combined degree with archaeology, as these courses are not offered at the School. 

Similarly, a personal statement which shows an interest mostly in modern international history (the focus of LSE’s International History course) is likely to be more competitive than one which shows a significant interest in ancient history, as LSE does not offer any ancient history units.   

If you are applying for a range of slightly different courses, we recommend that you focus your personal statement on the areas of overlap between them, so that your statement appeals to all of your UCAS choices. It is important to note that LSE does not accept replacement or supplementary personal statements. 

What to include in your personal statement

Your personal statement should discuss for the most part your academic interest in the subject you wish to study. One way to think about the personal statement is to reflect on what we expect from LSE undergraduates: we ask them to learn about topics relevant to their course, through reading or other experiences, and then discuss the ideas they have encountered in academic essays. This is the skill we look for in the personal statement and we recommend at least 80% of your statement should be dedicated to this type of academic discussion. 

How you show your wider engagement with your subject is entirely up to you. Our Selectors look for students who can best reflect on the experiences and academic ideas they have encountered through the opportunities available to them, not those who have had the best opportunities. If you are not sure where to start, you could try listening to podcasts of LSE public events or look in the prospectus for examples of suggested reading. Remember we are interested not just in a list of what you have read/encountered, but evidence you have reflected on the academic ideas. 

To help you begin, there are several questions you could think about:

  • Why have you chosen the course? What attracted you to the subject? Which aspects of the subject have interested you sufficiently to want to study it at degree level? Is there a specific area of the subject you wish to focus on? What are the big issues in the subject, and what do you find most interesting about them? What are your thoughts on these topics?
  • Have you developed your subject interest outside of your school studies? For example, have you undertaken any additional reading to broaden your knowledge of the subject? Have you attended lectures or explored online material relating to the subject? What did you find interesting in your reading/in the lectures you attended and what are your thoughts on the topics covered?
  • Have you gained any skills from your other school subjects that complement your application to study your chosen subject? Have you had the opportunity to undertake work experience relevant to your application? If you did, how did this experience give you a wider understanding of the topics you will study at university?
  • Have you attended any schemes or activities at LSE or other universities, such as Summer Schools, Saturday Schools, LSE Choice, etc? What you have learned from these? Have they furthered your knowledge of or interest in your chosen subject?

If you are applying for deferred entry, as well as thinking about the questions listed above, you may also wish to indicate (briefly) why you are taking a gap year and what you plan to do during the year. 

If you are applying as a post-qualified student (ie, you have already received your final results), you may wish to mention briefly what you have been doing since your exams. 

Please note : You are not expected to simply answer all of the questions above; these questions are merely intended to give you some guidance as to what to think about when writing your statement. 

Extra-curricular activities

At LSE you are admitted to study a particular degree course so the majority of your personal statement − at least 80% − should focus on your academic interest in that subject. Many students like to include some details of their extra-curricular activities such as involvement in sports, the arts, volunteering or student government. As our Selectors are most interested in your academic interests, we recommend that no more than 20% of your statement is spent discussing extra-curricular activities. 

Applying to combined degree programmes

LSE offers a number of combined degree programmes. If you are applying to one of these programmes, you are advised to give equal weighting to each subject in your statement. For instance, if you are applying to our Politics and Economics degree, you must show evidence of interest in both subjects; a statement weighted towards only one aspect of the degree will be significantly less competitive.

Example of a poor personal statement

"I have always dreamed of coming to LSE since I was young. It has been a dream of mine to study at this institution, which is well renowned for its social science courses.  

I am currently studying History, English and Business and Management at Higher level and Italian, Maths and Chemistry at Standard level in the International Baccalaureate, and feel that these subjects are providing me with a solid background for university study.  

I want to study History because I want to be a world class Historian, and feel that this degree will help me. I am especially interested in Ancient History, particularly the history concerning the Roman Empire. I am fascinated by the way in which the empire was run, and the events that led to its downfall.  

"I was the captain of the school football team, and this has taught me the importance of working together as a team, and allowed me to prioritise my time between my studies and football practice. I feel that this has provided me with the experience to successfully balance my academic and social life, and I plan to continue this balance whilst at university.  

It is my dream to become an alumnus of the School, and I am sure that as I am the top student of my class, you will offer me a place."  

This brief example of a personal statement is poor. The applicant has mentioned an interest in history but they have not discussed this in depth or shown any evidence of wider engagement with the subject. Where the applicant does talk about history, the discussion is superficial and focussed on ancient history, which LSE does not offer as part of our history course. 

The applicant has specifically mentioned LSE, which is likely to be unattractive to their other choices, and has wasted space listing their International Baccalaureate subjects, which would be shown in the qualifications section. The applicant has described how a history degree will help them get the job they later want, rather than what they are looking forward to studying during the degree. 

The applicant has reflected on the transferable skills they have developed leading the football team. This is good, but it would be nice to see the same level of reflection applied to academic topics - this student has spent more time talking about football than about history. 

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Successful Personal Statement For Economics & Management At Oxford

Last Updated: 22nd April 2020

Author: Adi Sen

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 an Economics and Managment applicant’s Personal Statement that helped secure a place at Oxford University. The Economics and Management Course at Oxford examines issues central to the world we live in: namely how the economy and organisations function, and how resources are allocated and coordinated to achieve the organisation’s objectives.

Read on to see how this candidate managed to navigate the many disciplines of E&M. 

Here’s a breakdown of the Personal Statement:

SUCCESSFUL?

The universities this candidate applied to were the following:

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Economics and Management Personal Statement

Economics is the study of now. I view it as the study of the psychology of the people who dictate our lives. The world around us is shaped by the fundamental concept of supply and demand, wants and needs, goods and services. What grips me is that everything I have studied I can apply to real life. Discussions about inflation, for example, are so applicable since its current status is active in the world of pricing; the price of a Big Mac and “Burgernomics” is something to which I can relate from my travels.

The statistical aspect of economic analysis is closely linked to my interest in Mathematics, thus I will take an Econometric route on option modules. This scientific approach to what is otherwise a field-based solely on individual theories and concepts interests me, as I find quantitative analysis much more accurate and reliable than qualitative theories. As an example, I relish analysing more Econometric models on the A-level Course: like Profit Maximisation calculations.

Despite this, Economics intertwines both Maths and Philosophy on a regular basis. I recently read an article from the Guardian by George Monbiot, which discussed the cost-benefit analysis model and whether nature could be quantified as a tangible asset, and how this would benefit neo-liberals in their perpetual quest for profit. This is just an example of how Econometric analysis does not always deliver such verisimilitude where the figures given are ambiguous. This is what is unique about Economics: there is no right answer to the question ‘Is there a right answer?’ The concept of there being methods of analysing the psychology of and nature behind the way that the interface between consumers and producers operates seems to exceed all other subjects in terms of interest.

I find it peculiar that a subject that has such a ubiquitous undercurrent in our society is so undefined and obscure; it is undoubtedly this which draws me to it. Consequently, I strive to keep up with Economics in the modern world by reading the “I” and “Guardian” newspapers, and “The Economist” magazine regularly. For wider background reading I have read Marx’s “Communist Manifesto”, Tim Hartford’s “The Undercover Economist” and “Too Big To Fail” by Andrew Ross Sorkin.

Sorkin’s book provided a gripping, in-depth insight into the world of investment banking and entrepreneurship – I finished the book in a matter of days. His book has inspired me to enter the investment sector. Upon graduation I would like to become an investment banker or negotiator, hence I am in the process of trying to arrange some work experience with the London Metal Exchange.

I completed a programme of work experience with Linden Homes this summer, through the Career Academy Programme on which I am enrolled. It was a six-week internship during which I gained a firm understanding of a construction company’s place within the national economy. I enjoyed spending valuable time in a variety of departments within the firm. I also have work experience planned in Belgium in 2013.

Additionally, I participate in a multitude of extracurricular activities. My team and I finished second in the national UMPH Business Competition; in Year 11 my team set the school record for the Enterprise Day Challenge and for three consecutive years my team won the Grimsby Inter-School Quiz without loss. Furthermore, I am part of both the Franklin College Debating Team and the weekly “Blue Sky Club”, where students meet to discuss current affairs.

Recently, a particular subject of interest has been the US election. We frequently discuss the debates and the candidates, covering subjects like their political viewpoints and how it will affect both our lives and those of the American public – plus the potential Economic ramifications of the possible outcomes. With a genuine zeal for the subject and an ability to relate my studies to the real world, I am convinced that I will thoroughly thrive at degree level Economics.

For more inspiration, take a look through our other successful Personal Statement a nalysis articles:

Good Points Of The Personal Statement

The student gives a good insight into their academic interests and what’s inspired them to develop over time. They also demonstrate a passion for the subject, not only by stating their interest in it but by further explaining what interests them and why they would make a good candidate to study it at university. The student is already accomplished and explains well what they’ve gained from their various extra-curricular activities.

Bad Points Of The Personal Statement

The writing is weak and, at points, unnatural. The forced interjections of examples and unusual adjectives make it read like a student attempting to write a formal and formulaic exam essay. They would do better to write in their usual style, even if it is somewhat informal; this will allow them to better express themselves and they will come across as more interesting to those reading it. More importantly than this, however, at times, the student fails to keep up their otherwise good level of detail, and the writing becomes list-like.

This is particularly prominent when they discuss books they’ve read to develop their understanding of economics. Although they expand on one of these, they do so in little detail. Interviewers are unlikely to be impressed by simply mentioning that you’ve read a book – any student applying for degree-level economics is able to read The Communist Manifesto, for instance – but they will be impressed by your response to it and what you gained from the experience of reading it. Unless you expand on these details, a list of books you’ve read does nothing to contribute to the statement.

UniAdmissions Overall Score:

This statement is strong, except where it discusses academic work. The detail here was likely sacrificed in favour of expanding further on their extra-curricular activities and their particular areas of interest. However, they have limited discussion of their study of various classic economic works so severely that it fails to add anything to the piece. The statement would, therefore, benefit from a more balanced approach to the various areas of the student’s life.

We give this Economics Personal Statement a 4/5 as they have clearly projected their passion for the subject onto paper – the most important part of a strong Personal Statement – albeit this was at the cost of other factors that should have been covered in more depth.

And there we have it – an Oxford E&M Personal Statement with feedback from our expert tutors. 

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

Our Free Personal Statement Resources page is filled with even more successful personal statements and expert guides.

Our expert tutors are on hand to help you craft the perfect Personal Statement for your Oxford E&M application.

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Trump tried to ‘corrupt’ the 2016 election, prosecutor alleges as hush money trial gets underway

FILE – Former President Donald Trump attends jury selection at...

FILE – Former President Donald Trump attends jury selection at Manhattan criminal court in New York, April 15, 2024. Trump’s criminal hush money trial involves allegations that he falsified his company’s records to hide the true nature of payments to his former lawyer Michael Cohen, who helped bury negative stories about him during the 2016 presidential campaign. He’s pleaded not guilty. (Jeenah Moon/Pool Photo via AP, File)

Former President Donald Trump, followed by his attorney Todd Blanche,...

Former President Donald Trump, followed by his attorney Todd Blanche, left, exits the courtroom following proceedings in his trial, Friday, April 19, 2024, at Manhattan Criminal Court in New York. (Mark Peterson/Pool Photo via AP)

By MICHAEL R. SISAK, JENNIFER PELTZ, ERIC TUCKER and JAKE OFFENHARTZ (Associated Press)

NEW YORK (AP) — Donald Trump tried to illegally influence the 2016 presidential election by preventing damaging stories about his personal life from becoming public, a prosecutor told jurors Monday at the start of the former president’s historic hush money trial.

“This was a planned, long-running conspiracy to influence the 2016 election, to help Donald Trump get elected through illegal expenditures to silence people who had something bad to say about his behavior,” prosecutor Matthew Colangelo said. “It was election fraud, pure and simple.”

A defense lawyer countered by assailing the case as baseless and attacking the integrity of the onetime Trump confidant who’s now the government’s star witness.

“President Trump is innocent. President Trump did not commit any crimes. The Manhattan district attorney’s office should never have brought this case,” attorney Todd Blanche said.

The opening statements offered the 12-person jury — and the voting public — radically divergent roadmaps for a case that will unfold against the backdrop of a closely contested White House race in which Trump is not only the presumptive Republican nominee but also a criminal defendant facing the prospect of a felony conviction and prison.

It is the first criminal trial of a former American president and the first of four prosecutions of Trump to reach a jury. Befitting that history, prosecutors sought from the outset to elevate the gravity of the case, which they said was chiefly about election interference as reflected by the hush money payments to a porn actor who said she had a sexual encounter with Trump.

“The defendant, Donald Trump, orchestrated a criminal scheme to corrupt the 2016 presidential election. Then he covered up that criminal conspiracy by lying in his New York business records over and over and over again,” Colangelo said.

The trial, which could last up to two months, will require Trump to spend his days in a courtroom rather than on the campaign trail, a reality he complained about Monday when he lamented to reporters after leaving the courtroom: “I’m the leading candidate … and this is what they’re trying to take me off the trail for. Checks being paid to a lawyer.”

Trump has nonetheless sought to turn his criminal defendant status into an asset for his campaign, fundraising off his legal jeopardy and repeatedly railing against a justice system that he has for years claimed is weaponized against him. In the weeks ahead, the case will test the jury’s ability to judge him impartially but also Trump’s ability to comply with courtroom protocol, including a gag order barring him from attacking witnesses, jurors, trial prosecutors and some others.

Trump faces 34 felony counts of falsifying business records — a charge punishable by up to four years in prison — though it’s not clear if the judge would seek to put him behind bars. A conviction would not preclude Trump from becoming president again, but because it is a state case, he would not be able to pardon himself if found guilty. He has repeatedly denied any wrongdoing.

The case brought by Manhattan District Attorney Alvin Bragg revisits a years-old chapter from Trump’s biography when his celebrity past collided with his political ambitions and, prosecutors say, he scrambled to stifle stories that he feared could torpedo his campaign.

The opening statements served as an introduction to the colorful cast of characters that feature prominently in that tawdry saga, including Stormy Daniels, the porn actor who says she received the hush money ; Michael Cohen, the lawyer who prosecutors say paid her; and David Pecker, the tabloid publisher who agreed to function as the campaign’s “eyes and ears” and who served as the prosecution’s first witness on Monday.

Pecker is due back on the stand Tuesday, when the court will also hear arguments on whether Trump violated Judge Juan Merchan’s gag order with a series of Truth Social posts about witnesses over the last week.

In his opening statement, Colangelo outlined a comprehensive effort by Trump his allies to prevent three separate stories — two from women alleging prior sexual encounters — from surfacing during the 2016 presidential campaign. That undertaking was especially urgent following the emergence late in the race of a 2005 “Access Hollywood” recording in which Trump could be heard boasting about grabbing women sexually without their permission.

Colangelo recited Trump’s now-infamous remarks as Trump looked on, stone-faced.

“The impact of that tape on the campaign was immediate and explosive,” Colangelo said.

Within days of the “Access Hollywood” tape becoming public, Colangelo told jurors that the National Enquirer alerted Cohen that Stormy Daniels was agitating to go public with her claims of a sexual encounter with Trump in 2006.

“At Trump’s direction, Cohen negotiated a deal to buy Ms. Daniels’ story to prevent American voters from hearing that story before Election Day,” Colangelo told jurors.

But, the prosecutor noted, “neither Trump nor the Trump Organization could just write a check to Cohen with a memo line that said ‘reimbursement for porn star payoff.’” So, he added, “they agreed to cook the books and make it look like the payment was actually income, payment for services rendered.”

Those alleged falsified records form the backbone of the 34-count indictment against Trump. Trump has denied a sexual encounter with Daniels.

Blanche, the defense lawyer, sought to preemptively undermine the credibility of Cohen, who pleaded guilty to federal charges related to his role in the hush money scheme, as someone with an “obsession” with Trump who cannot be trusted. He said Trump had done nothing illegal when his company recorded the checks to Cohen as legal expenses.

“There’s nothing wrong with trying to influence an election. It is called democracy,” not a crime, Blanche said.

Blanche challenged the notion that Trump agreed to the Daniels payout to safeguard his campaign. Instead, he characterized the transaction as an attempt to squelch a “sinister” effort to embarrass Trump and his loved ones.

“President Trump fought back, like he always does, and like he’s entitled to do, to protect his family, his reputation and his brand, and that is not a crime,” Blanche told jurors.

The efforts to suppress the stories are what’s known in the tabloid industry as “catch-and-kill” — catching a potentially damaging story by buying the rights to it and then killing it through agreements that prevent the paid person from telling the story to anyone else.

Besides the payment to Daniels, Colangelo also described other arrangements, including one that paid a former Playboy model $150,000 to suppress claims of a nearly yearlong affair with the married Trump. Colangelo said Trump “desperately did not want this information about Karen McDougal to become public because he was worried about its effect on the election.”

He said jurors would hear a recording Cohen made in September 2016 of himself briefing Trump on the plan to buy McDougal’s story. The recording was made public in July 2018. Colangelo told jurors they will hear Trump in his own voice saying: “What do we got to pay for this? One-fifty?”

Trump denies McDougal’s claims of an affair.

The first and only witness Monday was Pecker, the then-publisher of the National Enquirer and a longtime Trump friend who prosecutors say met with Trump and Cohen at Trump Tower in August 2015 and agreed to help Trump’s campaign identify negative stories about him.

Pecker described the tabloid’s use of “checkbook journalism,” a practice that entails paying a source for a story.

“I gave a number to the editors that they could not spend more than $10,000” on a story without getting his approval, Pecker said Tuesday.

The New York case has taken on added importance because it may be the only one of the four against Trump to reach trial before the November election. Appeals and legal wrangling have delayed the other three cases.

Tucker reported from Washington.

Follow the AP’s coverage of former President Donald Trump at https://apnews.com/hub/donald-trump .

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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 this is what makes it interesting to me. Every day there are new situations that economists can explore and analyse and I find this prospect extremely exciting.

Studying Pre-U Economics has increased my enthusiasm for the subject as I enjoy following macroeconomic debate in the UK and learning how globalisation changes markets. I have gained insights about how firms have had to react to globalisation and how nations use protectionism as a way of preventing industries from collapsing. The analytical skills that I have developed in Physics have proved particularly helpful as I can transfer these skills to Economics, despite them being quite different subjects. I enjoy following financial markets where you can see how the economic impacts of global events play out and have recently setup a paper trading account.  The trading application helps further my understanding of the impacts of economic events.  I can test my hypothesis of a particular event against the change in markets and improve my understanding.

I became interested in the socioeconomic elements of development and international aid after reading ‘Dead Aid’ by Moyo. The idea of ‘trade not aid’ resonated with me and led me to conduct further research which led me to conclude that having a skilled labour force would be more economically beneficial than trade. Reading ‘Awakening Giants’ by Bardhan gave an interesting insight at the speed at which China has become a leading economy.

I have also enjoyed exploring the world of economics through work experience, the first of which was with Tradition, a global financial services firm.  I learnt how to analyse and rank different trading strategies based on historical data modelling.  At Guardian Stockbrokers I witnessed in real-time the impact of macro and microeconomic data on different asset classes. I set up a demo trading account on the company’s platform to experience first-hand how the slightest change in the economic outlook  can influence the market price. Last summer I secured a place in HSBC’s work experience programme for 6th form students. I learnt about different aspects of retail banking and gained insight into how a retail bank works. This helped put some perspective as to how banking has changed over the years after the financial crisis.

Last year, I was selected to represent my school in a Physics symposium and as part of the team my role was to apply my analytical skills and communicate the results to my team. This opportunity helped with my team building skills.  I have also experienced how to set up a company and run a profitable business when I was appointed the company Financial Director for the young enterprise scheme. I gained insight into how to conduct meetings and improve my presentation and negotiation skills. I enjoy playing classical guitar and have had the opportunity to perform in school concerts throughout my school years. As an active member of the school Charity and Community Service committees I help the local community by volunteering at the day shelter for the homeless and the YMCA cafe. This experience provided me with a different perspective on life. Throughout school I have captained and toured with many school teams playing tennis, football and cricket.

Everyday something new happens in the economic world, I would love to be part of an undergraduate course that analyses these events. This is why Economics is my chosen course and I look forward to expanding my knowledge in this field at undergraduate level and, hopefully, further.

This student also took a year abroad too. 

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Trump tried to 'corrupt' the 2016 election, prosecutor alleges as hush money trial gets underway.

Michael R. Sisak, Jennifer Peltz, Eric Tucker And Jake Offenhartz

Associated Press

Former president Donald Trump, center, awaits the start of proceedings at Manhattan criminal court, Monday, April 22, 2024, in New York. Opening statements in Donald Trump's historic hush money trial are set to begin. Trump is accused of falsifying internal business records as part of an alleged scheme to bury stories he thought might hurt his presidential campaign in 2016. (AP Photo/Yuki Iwamura, Pool)

NEW YORK – Donald Trump tried to illegally influence the 2016 presidential election by preventing damaging stories about his personal life from becoming public, a prosecutor told jurors Monday at the start of the former president's historic hush money trial.

"This was a planned, coordinated, long-running conspiracy to influence the 2016 election — to help Donald Trump get elected through illegal expenditures to silence people who had something bad to say about his behavior, using doctored corporate records and bank forms to conceal those payments along the way,” prosecutor Matthew Colangelo said. “It was election fraud, pure and simple.”

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A defense lawyer countered by assailing the case as baseless and attacking the integrity of the onetime Trump confidant who's now the government's star witness.

“President Trump is innocent. President Trump did not commit any crimes. The Manhattan district attorney’s office should never have brought this case,” attorney Todd Blanche said.

The opening statements offered the 12-person jury — and the voting public — radically divergent roadmaps for a case that will unfold against the backdrop of a closely contested White House race in which Trump is not only the presumptive Republican nominee but also a criminal defendant facing the prospect of a felony conviction and prison.

It is the first criminal trial of a former American president and the first of four prosecutions of Trump to reach a jury. Befitting that history, prosecutors sought from the outset to elevate the gravity of the case, which they said was chiefly about election interference as reflected by the hush money payments to a porn actor who said she had a sexual encounter with Trump.

“The defendant, Donald Trump, orchestrated a criminal scheme to corrupt the 2016 presidential election. Then he covered up that criminal conspiracy by lying in his New York business records over and over and over again,” Colangelo said.

The trial, which could last up to two months, will require Trump to spend his days in a courtroom rather than on the campaign trail, a reality he complained about Monday when he lamented to reporters after leaving the courtroom: “I’m the leading candidate ... and this is what they’re trying to take me off the trail for. Checks being paid to a lawyer."

Trump has nonetheless sought to turn his criminal defendant status into an asset for his campaign, fundraising off his legal jeopardy and repeatedly railing against a justice system that he has for years claimed is weaponized against him. In the weeks ahead, the case will test the jury's ability to judge him impartially but also Trump's ability to comply with courtroom protocol, including a gag order barring him from attacking witnesses, jurors, trial prosecutors and some others.

Trump faces 34 felony counts of falsifying business records — a charge punishable by up to four years in prison — though it’s not clear if the judge would seek to put him behind bars. A conviction would not preclude Trump from becoming president again, but because it is a state case, he would not be able to pardon himself if found guilty. He has repeatedly denied any wrongdoing.

The case brought by Manhattan District Attorney Alvin Bragg revisits a years-old chapter from Trump’s biography when his celebrity past collided with his political ambitions and, prosecutors say, he scrambled to stifle stories that he feared could torpedo his campaign.

The opening statements served as an introduction to the colorful cast of characters that feature prominently in that tawdry saga, including Stormy Daniels, the porn actor who says she received the hush money ; Michael Cohen, the lawyer who prosecutors say paid her; and David Pecker, the tabloid publisher who agreed to function as the campaign’s “eyes and ears" and who served as the prosecution's first witness on Monday.

Pecker is due back on the stand Tuesday, when the court will also hear arguments on whether Trump violated Judge Juan Merchan's gag order with a series of Truth Social posts about witnesses over the last week.

In his opening statement, Colangelo outlined a comprehensive effort by Trump and his allies to prevent three separate stories — two from women alleging prior sexual encounters — from surfacing during the 2016 presidential campaign. That undertaking was especially urgent following the emergence late in the race of a 2005 “Access Hollywood” recording in which Trump could be heard boasting about grabbing women sexually without their permission.

Colangelo recited Trump’s now-infamous remarks as Trump looked on, stone-faced.

“The impact of that tape on the campaign was immediate and explosive,” Colangelo said.

Within days of the “Access Hollywood” tape becoming public, Colangelo told jurors that the National Enquirer alerted Cohen that Stormy Daniels was agitating to go public with her claims of a sexual encounter with Trump in 2006.

“At Trump’s direction, Cohen negotiated a deal to buy Ms. Daniels’ story in order to prevent American voters from learning that information before Election Day,” Colangelo told jurors.

But, the prosecutor noted, “neither Trump nor the Trump Organization could just write a check to Cohen for $130,000 with a memo line that said ‘reimbursement for porn star payoff.'" So, he added, "they agreed to cook the books and make it look like the payment was actually income, payment for services rendered.”

Those alleged falsified records form the backbone of the 34-count indictment against Trump. Trump has denied a sexual encounter with Daniels.

Blanche, the defense lawyer, sought to preemptively undermine the credibility of Cohen, who pleaded guilty to federal charges related to his role in the hush money scheme, as someone with an “obsession” with Trump who cannot be trusted. He said Trump had done nothing illegal when his company recorded the checks to Cohen as legal expenses.

“There’s nothing wrong with trying to influence an election. It is called democracy,” not a crime, Blanche said.

Blanche challenged the notion that Trump agreed to the Daniels payout to safeguard his campaign. Instead, he characterized the transaction as an attempt to squelch a “sinister” effort to embarrass Trump and his loved ones.

“President Trump fought back, like he always does, and like he’s entitled to do, to protect his family, his reputation and his brand, and that is not a crime,” Blanche told jurors.

The efforts to suppress the stories are what’s known in the tabloid industry as “catch-and-kill” — catching a potentially damaging story by buying the rights to it and then killing it through agreements that prevent the paid person from telling the story to anyone else.

Besides the payment to Daniels, Colangelo also described other arrangements, including one that paid a former Playboy model $150,000 to suppress claims of a nearly yearlong affair with the married Trump. Colangelo said Trump “desperately did not want this information about Karen McDougal to become public because he was worried about its effect on the election.”

He said jurors would hear a recording Cohen made in September 2016 of himself briefing Trump on the plan to buy McDougal’s story. The recording was made public in July 2018. Colangelo told jurors they will hear Trump in his own voice saying: “What do we got to pay for this? One-fifty?”

Trump denies McDougal's claims of an affair.

The first and only witness Monday was Pecker, the then-publisher of the National Enquirer and a longtime Trump friend who prosecutors say met with Trump and Cohen at Trump Tower in August 2015 and agreed to help Trump’s campaign identify negative stories about him.

Pecker described the tabloid's use of “checkbook journalism,” a practice that entails paying a source for a story.

“I gave a number to the editors that they could not spend more than $10,000” on a story without getting his approval, Pecker said Tuesday.

The New York case has taken on added importance because it may be the only one of the four against Trump to reach trial before the November election. Appeals and legal wrangling have delayed the other three cases.

Tucker reported from Washington.

Follow the AP's coverage of former President Donald Trump at https://apnews.com/hub/donald-trump .

Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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