economics personal statement uk examples

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.

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
• 11 Practice Questions in style of Edexcel Economics Paper 2
• What economic theory says about immigration
• 25 Practice Questions in style of Edexcel Economics Paper 1

About the author

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 .

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

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.

WANT MORE AMAZING ARTICLES ON GRAD SCHOOL PERSONAL STATEMENTS?

• 100+ Outstanding Examples of Personal Statements
• The Ultimate Guide to Writing a Winning Personal Statement
• Common Pitfalls to Avoid in Your Personal Statement
• Writing a Killer Opening Paragraph for Your Personal Statement
• Ideal Length for a Graduate School Personal Statement
• 100 Inspiring Quotes to Jumpstart Your Personal Statement

Sample Personal Statement for Masters in International Business

Sample Personal Statement for Masters in International Business My journey began amidst the kaleidoscope of Qatar's landscapes, setting the stage for a life attuned to cultural nuances. Transitioning to Riyadh in my teens, I absorbed a mosaic of traditions, sparking a...

Sample Personal Statement for Family Medicine Residency

Personal Statement Prompt: A personal letter is required. We are looking for mature, enthusiastic physicians who bring with them a broad range of life experiences, are committed to providing excellent patient care, and can embrace the depth and breadth of experiences...

[2024] 4 Law School Personal Statement Examples from Top Programs

In this article, I will discuss 4 law school personal statement samples. These statements have been written by successful applicants who gained admission to prestigious US Law schools like Yale, Harvard, and Stanford. The purpose of these examples is to demonstrate...

Sample Personal Statement Cybersecurity

In this article, I will be providing a sample grad school personal statement in the field of cybersecurity. This sample was written by an applicant who got admitted into George Mason, Northeastern and Arizona State University. This example aims to show how prospective...

100+ Grad School Personal Statement Examples

Introduction Importance of a Strong Personal Statement A personal statement is essential in the graduate school application process, as it plays a significant role in shaping the admissions committee's perception of you. In fact, a survey conducted by the Council of...

WANT AMAZING ARTICLES ON GRAD SCHOOL PERSONAL STATEMENTS?

• 100+ Personal Statement Templates

• Applying to Uni
• Apprenticeships
• Health & Relationships
• Money & Finance

Personal Statements

• Postgraduate
• U.S Universities

University Interviews

• Vocational Qualifications
• Accommodation
• ​​​​​​​Budgeting, Money & Finance
• ​​​​​​​Health & Relationships
• ​​​​​​​Jobs & Careers
• ​​​​​​​Socialising

Studying Abroad

• ​​​​​​​Studying & Revision
• ​​​​​​​Technology
• ​​​​​​​University & College Admissions

Guide to GCSE Results Day

Finding a job after school or college

Retaking GCSEs

In this section

Choosing GCSE Subjects

Post-GCSE Options

GCSE Work Experience

GCSE Revision Tips

Why take an Apprenticeship?

Applying for an Apprenticeship

Apprenticeships Interviews

Apprenticeship Wage

Engineering Apprenticeships

What is an Apprenticeship?

Choosing an Apprenticeship

Real Life Apprentices

Degree Apprenticeships

Higher Apprenticeships

A Level Results Day 2024

AS Levels 2024

Clearing Guide 2024

Applying to University

SQA Results Day Guide 2024

BTEC Results Day Guide

Vocational Qualifications Guide

Sixth Form or College

International Baccalaureate

Post 18 options

Finding a Job

Should I take a Gap Year?

Travel Planning

Volunteering

Gap Year Guide

Gap Year Blogs

Applying to Oxbridge

Applying to US Universities

Choosing a Degree

Choosing a University or College

Personal Statement Editing and Review Service

Guide to Freshers' Week

Student Guides

Student Cooking

Student Blogs

• Top Rated Personal Statements

Personal Statement Examples

Writing Your Personal Statement

• Postgraduate Personal Statements
• International Student Personal Statements
• Gap Year Personal Statements

Personal Statement Length Checker

Personal Statement Examples By University

Personal Statement Changes 2025

Personal Statement Template

Job Interviews

Types of Postgraduate Course

Writing a Postgraduate Personal Statement

Postgraduate Funding

Postgraduate Study

Internships

Choosing A College

Ivy League Universities

Common App Essay Examples

Universal College Application Guide

How To Write A College Admissions Essay

College Rankings

Admissions Tests

Fees & Funding

Scholarships

Budgeting For College

Online Degree

Platinum Express Editing and Review Service

Gold Editing and Review Service

Silver Express Editing and Review Service

UCAS Personal Statement Editing and Review Service

Oxbridge Personal Statement Editing and Review Service

Postgraduate Personal Statement Editing and Review Service

You are here

• Mature Student Personal Statements
• Aberystwyth
• Anglia Polytechnic University
• Bath Spa University College
• Bournemouth University
• British College of Osteopathic Medicine
• British School of Osteopathy
• Canterbury Christ Church University College
• Central School of Speech and Drama
• Chester A College of The University of Liverpool
• City College Manchester
• Coventry University
• De Montfort University
• Edge Hill College of Higher Education
• Falmouth University
• Farnborough College of Technology
• Glamorgan Centre for Art and Design Technology
• Glasgow Caledonian University
• Goldsmiths College
• Heriot-watt
• Heythrop College
• King's College
• Kingston University
• Leeds Metropolitan University
• Liverpool Hope
• Liverpool John Moores University
• London Metropolitan University
• London South Bank University
• Loughborough
• Loughborough College
• Middlesex University
• Napier University, Edinburgh
• Newcastle College
• Northumbria University
• Nottingham Trent
• Oxford Brookes
• Queen Margaret University College, Edinburgh
• Queen's, Belfast
• Regents Business School London
• Roehampton University of Surrey
• Royal Holloway
• Royal Veterinary College
• Sheffield Hallam University
• Southampton
• Southampton Institute
• St George's Hospital Medical School
• St Mary's University College
• Staffordshire University
• Strathclyde
• Swansea Institute of Higher Education
• Thames Valley University
• The Arts Institute At Bournemouth
• The Glasgow School of Art
• The Liverpool Institute for Performing Arts
• The London Institute
• The Manchester Metropolitan University
• The North East Wales Institute of Higher Education
• The Robert Gordon University
• The Surrey Institute of Art and Design
• The University of Bradford
• The University of Buckingham
• The University of Gloucestershire
• The University of Huddersfield
• The University of Salford
• University College Northampton
• University College Worcester
• University of Abertay Dundee
• University of Brighton
• University of Central Lancashire
• University of Derby
• University of East London
• University of Glamorgan
• University of Greenwich
• University of Hertfordshire
• University of Lincoln
• University of Plymouth
• University of Portsmouth
• University of Sunderland
• University of Teesside
• University of The West of England, Bristol
• University of Ulster
• University of Wales College, Newport
• University of Wales Institute, Cardiff
• University of Wales, Bangor
• University of Westminster
• University of Wolverhampton
• Writtle College
• York St John College
• Personal Statement Editing Service
• Personal Statement Writing Guide
• Submit Your Personal Statement
• Personal Statement Questions 2025
• Personal Statement Changes 2024

LSE University Personal Statements

These UCAS personal statements have been kindly provided by students applying to London School of Economics. You can click on one of the links below to view the entire statement and find out if the applicant was offered a place.

You can also view our entire collection of personal statements or view personal statements for application at other universities .

History Personal Statement Example 3 Recently, I found out that my grandma was gambled into slavery for seven years. She escaped her prison and made her way back to Hong Kong, 300 miles south. I was amazed at how courageous she was. This personal discovery led me to read Jung Chang's 'Wild Swans' which made me both proud and ashamed of my heritage...

Mathematics and Economics Personal Statement Example 1 As Pythagoras may have said, (Ambitious)2 + (Bold)2 = (Critical thinker)2 makes a perfect student and is what I strive to be. From the simple Pythagorean to the complex Fermat's Last Theorem, mathematics is a never ending branch of study which I enthusiastically enjoy studying and why I wish to pursue it even further at university...

Economics and Politics Personal Statement Example 1 "I killed the bank": the last words of Andrew Jackson, former president of the US, after he had vetoed to renew the charter and withdraw all federal deposits from banks causing them to bust. Real money was backed with gold shortly after, causing the greatest economic boom in history for the US where no income tax was implemented...

Maths and Actuarial Science Personal Statement Example Maths is a subject like no other; its complexity makes it a challenging and often frustrating area of study, however the logic behind every problem leaves a feeling of certainty about it. My devotion to the subject has grown exponentially, especially in recent years...

Geography Personal Statement Example 1 At first glance, my A Level choices appear scientifically biased, but they underpin key topics studied in Geography. I enjoy investigating the theories of global economies, population and poverty. The mathematics I have studied enables me to manipulate raw data meaningfully...

Anthropology Personal Statement Example 1 Completing my sixth form education at a multicultural boarding school has allowed me to experience a wide social and cultural diversity that I never would have expected in a school environment, in great contrast to the subtle ethnocentrism of my previous schooling...

Anthropology Personal Statement Example 2 My fascination with human behaviour and the motivations behind human actions has existed for most of my adult life, to determine a cause however I would accredit this to the voluntary work I participated in with Crisis Single Persons Homeless charity...

Mathematics and Economics Personal Statement Example 2 Every day we make decisions and interact with others; the laws of economics help us make rational choices and consider the irrationality of others, as well as understand the world better. Maths and statistics are the necessary tools for me to understand the modern economics...

Politics Personal Statement Example 5 My background, living in three major metropolises, Lagos, London and Aberdeen bestowed me a very diverse, open, multicultural way of thinking. The cultural shock of Lagos widened my eyes to vastness of the world and prepped my involvement in the Community Development Committee, allowing me to get in touch with all sectors of Nigerian society; here my interest in sociology, politics and government took flight...

Maths & Actuarial Science Personal Statement Example 1 "It has become a very strange and perhaps frightening subject from the ordinary point of view,but anyone who penetrates into it will find a veritable fairyland"( Kasner E and Newman J).This saying is perhaps the most fitted to describe my enthusiasm for Maths...

Business & Management Personal Statement Example There is no limit to what you can learn and how much you can earn from it. Instilled with this belief by my father, I have since the beginning learnt to approach the world differently. I view that knowledge can be applied practically not only to earn a living, but also to earn wisdom...

Mathematics and Engineering Personal Statement Example Questions regarding the reason for my liking of mathematics have only one answer: mathematical logic and concepts contribute to a practical approach in every aspect of life. It is the diversity and universal applicability of this subject that encourages me to delve further and study it in depth...

Economics and Economic History Personal Statement Example Over the past few years I have developed a strong interest in the Economic history of the UK. I have become interested in how the UK's economic policy over centuries has built the UK into one of the world's most economically developed countries today...

Economics Personal Statement Example 23 It would not be foolish to contemplate the possibility of a far greater progress still. John Maynard Keynes From childhood I was bred to learn and the passion to understand has become a trait of my character...

Accountancy & Management Personal Statement Example I have chosen to study combined degrees in Accounting and Finance or Economics because I intend to further my studies towards developing a career in financial consultancy. Accountancy and Finance remain central elements of the dynamics of commerce, that define the way a firm, shareholders and society at large interact on multiple platforms...

European Social & Political Studies Personal Statement Example In my opinion, the problems societies face today deserve an in-depth analysis which draws on different disciplines of thought for its relevance; furthermore the implementations of strategies to combat problems must take into account more than one academic approach if they are going to be positively effective...

Economics Personal Statement Example 28 While working in the stock broker I became 100% sure that I wanted to study Economics at university. I gained employment at a Stock Broker office as a Monitor Operator in Bangladesh and my duty was to monitor the daily price list of trading of shares at the beginning of the day and then preparing trading reports at the end...

Sociology Personal Statement Example 12 A Gospel choir tour around South Africa was the catalyst for my fascination with human culture. As I travelled I was able to directly experience a multiplicity of cultures even within this one country...

Anthropology Personal Statement Example 7 Coming from a mixed religious background, the comparison between cultural practices has touched me deeply, personally and profoundly. I have been able to observe the influence of culture on people's perspectives and world views...

Politics & Social Policy Personal Statement Example The ever-changing nature and diversity of politics is fascinating. The rapid social and political development in Russia in the early 2000s, still surrounded by the left-overs, if not quite the toppled statues of the previous socialist regime, kindled my interest in politics...

PPE/Economics Personal Statement Example Humanity today stands at the intersection of the most significant questions facing the world today: if democracy leads to political infighting, should it be sacrificed in the interest of economic well-being? Does religious fundamentalism provide a way for countries in the developing world to assert their identity in the face of Western hegemony? Does the entry of Western consumer goods threaten a country’s economic self-sufficiency? The answers of these questions will determine what the nature of our world is in the twenty-first century...

Sociology Personal Statement Example 14 The need for the study of Sociology in society is, arguably, universally fundamental. The study of society is of paramount importance in solving social problems of great magnitude such as poverty and family disorganisation...

• University specific personal statements
• All personal statements

Clearing Universities & Courses

Clearing advice.

Recommended Clearing Universities

Popular Course Categories

Course Search & Discover

Start the search for your uni. Filter from hundreds of universities based on your preferences.

Search by Type

Search by region.

Recommended Universities

Ravensbourne University London

London (Greater) · 88% Recommended

University of Kent

South East England · 96% Recommended

Goldsmiths, University of London

London (Greater) · 92% Recommended

Search Open Days

What's new at Uni Compare

University of Surrey

Surrey has been ranked 4th for overall student satisfaction [NSS 2023].

University of Roehampton

See what London has to offer at Roehampton’s beautiful parkland campus.

Ranking Categories

Regional rankings.

More Rankings

Top 100 Universities

Taken from 65,000+ data points from students attending university to help future generations

About our Rankings

Discover university rankings devised from data collected from current students.

Guide Categories

Advice categories, recommended articles, popular statement examples, statement advice.

What to include in a Personal Statement

Personal Statement Tips

Personal statement example economics personal statement.

Are you a strategist, analyst and problem solver?

Stay ahead of the trends with Economics at the University of Kent

Delve into Economics at Cardiff Met

Explore areas such as Game Theory and Economics of Crime from expert lecturers. Find out more today!

Economics Personal Statement

My desire to study Economics at university stems from my interest in the incredible pace of change in the world. Development Economics fascinates me and I believe the greatest challenges in our future will be of an economic origin. I am intrigued by the on-going issues we face, such as allocating ever depleting resources and the ‘tragedy of the commons’, as well as issues which have become more acute in recent years, such as globalisation and global poverty.

Through reading around my Economics course I discovered how historical economic models could be applied to modern situations. A particular example which appealed to me was Harford’s demonstration in ‘The Undercover Economist’ of how Ricardo’s 1817 farming analysis could explain diverse situations, such as coffee shops and high rent prices in London . Recently I read Collier’s ‘The Bottom Billion’, after learning about high taxation in poor countries from an article in a June 2015 ‘The Economist’. I was drawn to the idea that this could stimulate growth because it contradicted the low taxation neoliberal hegemony I had previously encountered. I think Collier’s proposed solutions, despite some being controversial (e.g. military intervention), are sensible and could be highly effective. Naturally, I am yet to look at all of the solutions posed by different economists, however I believe it is a challenging and stimulating task to find viable resolutions.

Through my work-experience at Emirates NBD I learnt more about the application of economics to real-life. The real-estate team proved how scarcity influences the housing market: even during a slump in 2011, an apartment in Mayfair sold for above the asking price due to localised demand. I also shadowed the Emirates’ Head of the Treasury who explained how interest rates are set and the concept of net interest margin. This led me to explore financial management further: I am now able to follow market fluctuations in ‘The Financial Times’ with an informed opinion.

Living in Spain makes the study of European economics particularly fascinating for me. I enjoy following the Spanish and British economies; in particular, comparing the approaches taken by the Bank of England and the ECB to tackle their various economic issues. Although both the economies of Spain and the UK recovered slowly – with Britain having its longest recovery in 300 years of recorded history – the Spanish unemployment rate has remained persistently above that of the UK. For me, it is a fascinating challenge to understand the factors contributing to this ongoing problem for Spain.

Learning another language has given me a wider global perspective. It enables me to follow the news from more sources, giving alternate views, and keeping me informed on the Hispanic countries. Maths is an integral part of economics as it transforms theories into practical applications and I look forward to developing my skills and applying my knowledge in new ways. I enjoy tennis and drama. Last year I completed my Silver LAMDA qualification, which took commitment and careful time management. By tutoring maths I have also developed my communication style, in particular, the ability to convey complex information simply.

Economics is central to the human condition and gives the tools to understand some of the most important motivations of states and individuals in our increasingly global society.  I eagerly await the opportunity to understand more about the world we live in and, in the future, hopefully help to influence it for the better.

Recommended Course

Recommended Statements

Submitted by anonymous

My interest in studying economics is born from my growing up in the wake of an economic crisis that affect...

Economics and Management Personal Statement

Economics attempts to understand and address many of the world’s most serious problems. I would like to en...

Economics and Finance Personal Statement

Over recent years I have developed a passion for looking at current events and how they affect the economy...

The dynamic consumer society we live in is governed by many different factors, which I have developed a fa...

undergraduate Universities

Undergraduate uni's.

Ravensbourne

Uni of Kent

413 courses

Goldsmiths, UOL

273 courses

Swansea Uni

771 courses

Uni of Surrey

434 courses

238 courses

Middlesex Uni

470 courses

Uni of Sunderland

201 courses

Northeastern Uni

Uni of Hertfordshire

415 courses

Uni of East London

317 courses

Cardiff Met Uni

305 courses

Uni of Chester

398 courses

Uni of Winchester

154 courses

Uni of Leicester

267 courses

Uni for Creative Arts

457 courses

Uni of Suffolk

110 courses

Coventry Uni

444 courses

Leeds Beckett Uni

324 courses

Heriot-Watt Uni

208 courses

Staffordshire Uni

272 courses

Uni of Roehampton

268 courses

Uni of Westminster

338 courses

West London IoT

Uni of Bedfordshire

327 courses

Uni of Portsmouth

547 courses

UWE, Bristol

252 courses

Queen's Uni

411 courses

Leeds Arts University

Kingston Uni

373 courses

Anglia Ruskin Uni

464 courses

Escape Studios

Uni of Essex

801 courses

528 courses

Uni of Bradford

265 courses

ARU Writtle

104 courses

353 courses

Uni of Huddersfield

458 courses

Uni of C.Lancashire

531 courses

Wrexham Uni

171 courses

Uni of Brighton

257 courses

Bath Spa Uni

292 courses

Edge Hill Uni

243 courses

Uni of Hull

274 courses

Nottingham Trent

537 courses

Uni of Reading

391 courses

Edinburgh Napier

184 courses

246 courses

Find the latest from Uni Compare

University of South Wales

USW has been shortlisted as the Times Higher Education’s (THE) University of the Year! Click here to learn more.

University of Essex

Ranked in the top 30 in the Guardian University Guide 2024, click here to learn more!

Browser does not support script.

• Autumn Term events schedule
• Student Voice
• You've got this
• LSE Volunteer Centre
• Key information
• School Voice
• My Skills and Opportunities
• Student Wellbeing Service
• PhD Academy
• LSE Careers
• Student Services Centre
• Timetable publication information
• Students living in halls
• Faith Centre

Personal statements

Read the phrasing carefully.

Different institutions will phrase what they want to see in their personal statement differently, some examples (as of September 2013) and how you could break the wording down to ensure you address everything are below:

Example of application guidance from LSE:

You must submit a personal statement with your application form. This should be between 1,000 and 1,500 words. It should describe your academic interests and your purpose and objectives in undertaking graduate study. 

Suggestions of what to include for this phrasing:

• Outline what are your academic interests specifically
• How they are related to the course.
• How do you see the course furthering these interests?
• Do you have previous experience of studying these areas?
• Was your undergraduate dissertation, major project or a group presentation relevant to the course or your academic interests?
•  Have you attended conferences, seminars or networking events outside your studies to increase your knowledge?
• What have you learnt recently,
• and how does this link to the course you are applying for?
• Perhaps you can link your academic interests to work experience you have gained?
• Purpose in undertaking graduate study  – Why are you applying for postgraduate study? This could be linked to discussing your academic interests, or perhaps you have a career orientated goal.
• Objectives in undertaking graduate study  – What do you hope to achieve by the end of your postgraduate study, whether educationally or professionally? If you have professional objectives, how will this course help you move towards your career goal?
• What else?  – you could also include some of the suggestions in the guidelines below, but make sure you address everything in their description.

Example of application guidance from SOAS:

Your personal statement should be no more than 1,000 words. It should include the reasons why you are interested in the programme, highlight your relevant experience and suitability for the programme as well as future plans. 

• Why you are interested in the programme  – Look at the course content carefully to decide what it is that most interests you in the programme content-wise. Discuss any relevant research or coursework you might have done in the past, and include technical language or language that shows you have a grasp of the topic.
• Relevant experience  – think back to your work experience, extracurricular activities and voluntary experiences and reflect upon relevant projects you might have worked on, tasks you were set or research you conducted that demonstrates relevance to the course. You might not feel you have this experience yet, but perhaps you have worked in a relevant sector and you could show your technical and commercial understanding.
• Suitability for the programme  – Think about the skills you might need to succeed in this programme. What is your experience that makes you suitable for the programme? Perhaps you will reflect on study or research skills that you have gained, or maybe you’ll need strong negotiation, communication or presentation skills which you gained through mooting or as a student representative? If you can show you were engaged with your undergraduate university’s community then this might be a good place to mention what you did.
• Future plans  – What are your career aspirations and how do you see the course furthering these?

Writing a personal statement

If they do not specify what to include in your personal statement, areas you might want to include are below. There is no set order of when to mention what but starting your personal statement with your most relevant point is advised.

Motivations

• Why are you applying for the programme?
• What do you hope to gain from the programme?
• What is it that interests you about the subject? Can this be related to your previous education or work experience (see below)?
• What are your career aspirations and how will this course help you achieve them?

Educational experience and commercial knowledge

• Do you have past education that gives you the knowledge base you need for the course?
• Is your undergraduate dissertation relevant? Tell the tutor about it and the research methods you used (especially if applying for a research masters).
• Perhaps you like to keep up with current news in the sector you hope to go into. You could mention a topical issue and discuss how you see the course furthering your understanding.

Work experience

• Have you gained work experience in a field relevant to the course or relevant to your career ambitions? Can you link this experience to your motivation to wanting to continue studying in this field?
• Tell the tutor about this experience and reflect on how this could help with the course or use it as an example of your motivation for continued study in a related area.
• If you are a mature student returning to study, why are you returning? Are you looking to make a career change? Why, and how, do you expect the course will support your new ambition?

Other experience

• Include your extracurricular and voluntary experience too. Tutors want rounded people on their course; show that you engaged in university life during your undergraduate course or that you gained some relevant skills or experiences through volunteering.

Anything else

• You can outline your main achievements, awards or successes in competitions. Think about the course you are applying for and if there is anything they might be particularly impressed by.
• Mention relevant summer schools, overseas study or conferences/ short courses you might have attended that are related to the course.

Other circumstances

• Deferred entry – if you would like to start the course the following year explain to the course tutor what you will be doing with the next year.

Final checks

• Spelling and grammar – this will give the course tutor an idea as to your writing skills, so ensure there are no mistakes.
• Abbreviations and acronyms – explain any you have used.
• Content structure – ensure the paragraphs make sense and that the document flows well. Don’t repeat yourself by revisiting an experience or educational point.
• Don’t write a narrative of your life, from leaving school to current day.
• Be positive; don’t use negative language i.e. Although I have little experience of…
• Adhere to the word count (where applicable) or if there isn’t one, keep your statement to two to three pages of A4.

If you are already a student at LSE and would like LSE Careers to check your personal statement before you submit it please  make an appointment for a careers discussion  on CareerHub. It is also advised that if your application is fairly technically subject specific that you get an academic to check the content for accuracy.

Funding postgraduate study in the UK

February 13 2018

USA postgraduate study resources

Studying abroad

Researching postgraduate courses

See more articles

Please ensure all the details have been entered correctly in the twitter control..

• Oxbridge Law 24/25 Entry
• Non-Oxbridge Law 24/25 Entry
• Oxford PPE 24/25 Entry
• Oxbridge Economics 24/25 Entry
• Oxbridge Modern Languages 24/25 Entry
• Cambridge Land Economy 24/25 Entry
• Oxbridge Psychology 24/25 Entry
• Oxbridge English 24/25 Entry
• Oxford Human Sciences 24/25 Entry
• Oxbridge History 24/25 Entry
• Oxbridge Geography 24/25 Entry
• Cambridge Philosophy 24/25 Entry
• Oxbridge Classics 24/25 Entry
• Cambridge Architecture 24/25 Entry
• Cambridge HSPS Programme 24/25 Entry
• Oxbridge Medicine 24/25 Entry
• Oxford Biomedical Sciences 24/25 Entry
• Oxbridge Engineering 24/25 Entry
• Cambridge Natural Science 24/25 Entry
• Oxbridge Maths 24/25 Entry
• Oxbridge Computer Science 24/25 Entry
• Oxford Physics 24/25 Entry
• Oxford PPL 24/25 Entry
• Cambridge Veterinary Science 24/25 Entry
• Oxford Chemistry 24/25 Entry
• Oxford Biology 24/25 Entry
• Oxford Biochemistry 24/25 Entry
• Non-Oxbridge Medicine 24/25 Entry
• Non-Oxbridge Dentistry 24/25 Entry
• IMAT Medicine 24/25 Entry
• Can’t Find Your Subject?
• Law Interview Programme
• PPE Interview Programme
• Economics Interview Programme
• Oxbridge Medicine Interview Programme
• Natural Science Interview Programme
• Engineering Interview Programme
• Maths Interview Programme
• Dentistry Interview Programme
• Medicine MMI Interview Programme
• Our Guarantee

Our Students

Student Success Stories

• University Access Scheme
• New Tutor Application Form

Frequently Asked Questions

• How Does It Work?
• +44 (0) 208 068 0438
• [email protected]

SCIENCE PROGRAMMES (25/26 ENTRY)

HUMANITIES PROGRAMMES (25/26 ENTRY)

GET STARTED

Can't find your subject?

OXFORD TESTS (25/26 ENTRY)

CAMBRIDGE TESTS (25/26 ENTRY)

MEDICINE TESTS (25/26 ENTRY)

View Our Free admissions guides & resources

How UniAdmissions Cracked The Oxbridge Formula

Applying for Oxbridge is an opportunity seldom approached correctly. So how do you enter the top 16% of a strong cohort of applicants that get an offer? Discover how UniAdmissions get 2/3 of our students in.

When Do 2024 Medicine Offers Come Out?

When do UK Medical School Interviews start and when do they release their final offers to applicants? Find out all the dates for 2024 medical school admissions in this helpful guide.

Inside The UniAdmissions Portal: The UA Advantage

UniAdmissions students have access to the world's first dedicated Oxbridge admissions preparation platform, and this guide will help you discover exactly how the Portal will help you get your offer.

Discover all guides

ABOUT UNIADMISSIONS

Learn about who the world's first Oxbridge prep school are.

Learn about the Portal; the heart of our Programmes.

UniAdmissions' Foundation

The Foundation is our charitable arm to support disadvantaged students.

Students & Tutors

Discover who a UniAdmissions student is and our admissions criteria.

Learn about our high-performing Oxbridge tutors.

We're proud of our alumni. Read about their journey with UniAdmissions here.

Admissions Resources

Free Admissions Guides

Visit our Learning Centre and read our in-depth free guides.

We are the world's biggest Oxbridge application publisher. Learn more here.

Teachers Learning Hub

Learn about how to help your students get their place at Oxbridge.

Get Started

• Access Student Portal
• Oxbridge Programmes
• Open Day Webinar
• Tutor Application Form
• Common Questions
• Download Our Prospectus

Successful Oxbridge Personal Statements

Your Personal Statement is the first demonstration of your character that the admissions teams at Oxford and Cambridge will see. Your perfect Personal Statement can only be written by yourself as it has to convey exactly who you are, why you want to study at Oxbridge and why you deserve to be there. But that doesn't mean help isn't available. There are many things to learn that can improve the effectiveness of your statement when implemented correctly. One of the best ways to get a deeper understanding of what makes a good Personal Statement is to read successful statements that have transferable qualities. This page features over 25 Successful Oxbridge Personal Statements from a whole variety of subjects. Read through them and learn what makes them so good (as well as the mistakes that some make), so that you can create a strong base for your own writing.

Why are Personal Statements Important?

Your personal statement is essentially you introducing yourself to the Oxbridge admissions teams and explaining why you should be given an offer on their courses. It’s a piece of writing that will have a lasting impact throughout the application process, so you need to make the best first impression.

The admissions teams aren’t just interested in the achievements that you have made or the grades you have earned; they are looking for applicants with the right attitude for the course. They need applicants who can go the extra mile, have a true understanding of the subject and have the qualities needed to become successful in their chosen field. All of these things can be expressed in a well-written personal statement.

How To Prepare for your Personal Statement

Your personal statement may not be prepared for in the same way as an entrance exam, but there are still things you can do both before and during the writing process.

Firstly, it’s a good idea to view examples of successful personal statements, such as the 25 + available below. It helps to view those related to your chosen subject, but there are still benefits to looking through as many as possible. 

Beyond this, learning specific techniques and advice from experts will also help. Our Premium Oxbridge Programmes provide a wide variety of support, including books and courses, all of which are designed to help you write the perfect personal statement. View our courses page to find out everything that we can do to help your application. 

Download our FREE 80-Page Personal Statement Starter Guide

We have developed an 80-page E-Book filled with expert Personal Statement Advice. Inside, you’ll find guides on planning and writing your personal statement, as well as our full collection of 25+ Successful Oxbridge Personal Statements. 

To access all this for free, just enter your name and email address and you’ll be sent the guide directly to your inbox. 

Successful Oxbridge Personal Statement Examples

Successful humanities personal statements, cambridge law ★ ★ ★ ☆ ☆, oxford law ★ ★ ★ ★ ☆, oxford law & french ★ ★ ★ ★ ☆, oxford economics & management ★ ★ ★ ★ ☆, cambridge economics ★ ★ ★ ★ ★, cambridge land economy ★ ★ ★ ★ ☆, cambridge classics ★ ★ ★ ★ ☆, oxford classics ★ ★ ★ ☆ ☆, cambridge pbs ★ ★ ★ ☆ ☆, oxford psychology ★ ★ ★ ★ ☆, cambridge philosophy ★ ★ ★ ★ ★, oxford ppe ★ ★ ★ ★ ☆, cambridge english ★ ★ ★ ☆ ☆, oxford english language & literature ★ ★ ★ ★ ☆, oxford modern languages ★ ★ ★ ★ ☆, oxford geography ★ ★ ★ ★ ★, oxford history ★ ★ ★ ★ ☆, successful science personal statements, cambridge medicine ★ ★ ★ ★ ☆, oxford medicine ★ ★ ★ ☆ ☆, cambridge veterinary medicine ★ ★ ★ ★ ☆, kcl dentistry ★ ★ ★ ☆ ☆, cambridge natural sciences (bio) ★ ★ ★ ★ ★, cambridge natural sciences (phy) ★ ★ ★ ★ ☆, oxford physics ★ ★ ★ ★ ★, oxford chemistry ★ ★ ★ ★ ★, cambridge engineering ★ ★ ★ ★ ☆, oxford engineering ★ ★ ★ ★ ☆, cambridge maths & physics ★ ★ ★ ★ ★, oxford computer science ★ ★ ★ ★ ☆, personal statement posts from our blog.

• The Ultimate UCAS Personal Statement Guide
• Personal Statement Cheat Sheet
• How to Write an Oxbridge Personal Statement
• Common Personal Statement Mistakes
• How to Plan your Personal Statement
• How to Make Your Personal Statement Stand out

Successful Personal Statement For Law At Oxford

Read through a successful Law Personal Statement for Oxford with a full analysis by Oxbridge Tutors. Find out why the Personal Statement helped the candidate to receive an Oxford offer.

Successful Personal Statement For Economics At Cambridge

Read through a successful Economics Personal Statement for Cambridge with a full analysis by Oxbridge Tutors. Find out why the Personal Statement helped the candidate to receive a Cambridge offer.

Successful Personal Statement For Economics & Management At Oxford

Writing an Economics and Management Personal Statement for Oxford? If so, you’re in the right place! In this post, we go through a REAL Personal Statement submitted to UCAS for a candidate wishing to study E&M at Oxford.

Successful Personal Statement For PPE At Oxford

Writing a PPE Personal Statement for Oxford? If so, you’re in the right place! In this post, we go through a REAL Personal Statement submitted to UCAS for a candidate wishing to study PPE at Oxford.

Successful Personal Statement Example For Computer Science At Oxford

Read through a successful Computer Science Personal Statement for Oxford with a full analysis by Oxbridge Tutors. Find out why the Personal Statement helped the candidate to receive an Oxford offer.

Successful Personal Statement For Medicine At Oxford University

Writing a Medicine Personal Statement for Oxford? If so, you’re in the right place! In this post, we go through a REAL Personal Statement submitted to UCAS for a candidate wishing to study Medicine at Oxford.

Successful Personal Statement For Medicine At Cambridge

Writing a Medicine Personal Statement for Cambridge? If so, you’re in the right place! In this post, we go through a REAL Personal Statement submitted to UCAS for a candidate wishing to study Medicine at Cambridge.

Successful Personal Statement For Veterinary Medicine At Cambridge

Read through a successful Veterinary Medicine Personal Statement for Cambridge with a full analysis by Oxbridge Tutors. Find out why the Personal Statement helped the candidate to receive a Cambridge offer.

Get In Touch

We work with a limited number of students each year to ensure we can provide the best support suited for their particular needs.

Our Programmes have a structured syllabus, however, we tweak elements of the syllabus so the student is able to gain the most out of our support.

As we work with a limited number of students, we have a limited number of places available for enrolment on each Programme.

The best way to find out whether there are still places available is by booking a free consultation here or contacting us via Livechat, where our expert Admissions Consultants will be able to advise you further.

We do have ideal start times at points throughout the year, however, the syllabus can be adapted to suit your particular start time if you are accepted onto the Programme. Our Admissions Consultants can help you understand the Programme timeline in your specific case – all you need to do is ask.

First and foremost, we assess whether the potential student has the right academic capabilities and profile to be realistically accepted to study at Oxford or Cambridge.

Secondly, we assess whether the student is capable and willing to put in the time required to create a strong application for Oxbridge.

Finally, we assess the student’s attitude and reasoning behind applying to Oxford or Cambridge. This is one of our most important considerations.

If a student has below-average (but still realistic) grades for Oxford and Cambridge, but the correct attitude, we would consider accepting them onto our Programme. Unfortunately, if the inverse is the case, it’s unlikely the student would be accepted onto the Programme.

UniAdmissions is committed to giving the very best service to every student. Our talented tutors are the key to the excellent service we pride ourselves on, passing on not only their expertise, but also their enthusiasm to inspire the next generation to succeed.

All tutors are either current senior students, recent graduates or from a professional background. Our selection process ensures only the best tutors work for us, in roles most suited to their skill-sets.

You’ll get access to all of our online resources, including various UniAdmissions published books, our masterclasses, admissions test question banks and much more. All of our resources are filled with powerful strategies and techniques to help you prepare, improve and boost your score.

Of course, our Oxbridge Premium Programmes also grant you 1 – 1 Tuition hours and invitations to both of our preparation courses.

Tuition sessions are held online via video chat. Times for these sessions are arranged between you and your tutor to best meet your needs. 

In exceptional cases, in-person tuition may be offered. 

As much as you like! Although we do offer rough guidelines for how to use your tuition hours, you are more than welcome to dedicate more or less than the recommended amount to your personal statement if you wish to do so. 

The UniAdmissions Portal is where you will find all of the support and resources for your Programme.

You can think of the Portal as the hub of all the materials included within your Programme. If you are ever looking for a relevant book, an online course, course dates or anything along those lines, the Portal is very likely to be your answer.

However, the Portal also houses your programme curriculum, which guides you through each stage of the admissions process through the use of your resources. The Portal automatically tracks what you’ve completed and provides support if you’re falling behind in certain areas. 

You can also use the Portal to get in touch with our team at any point.

How would you like to speak to an Admissions Consultant?

Politics and Economics Personal Statement Examples

• 1 Personal Statement Example Links
• 2 Career Opportunities
• 3 UK Admission Requirements
• 4 UK Earnings Potential For Politics and Economics
• 5 Similar Courses in UK
• 6 UK Curriculum
• 7 Alumni Network

Personal Statement Example Links

• Personal Statement Example 1
• Personal Statement Example 2
• Personal Statement Example 3
• Personal Statement Example 4
• Personal Statement Example 5
• Personal Statement Example 6

Ever pondered how political decision-making intertwines with economic theory? Interested in exploring the economic dimensions of public policy and the political aspects of economic decisions?

If so, a degree in Politics and Economics could be your perfect pathway. This interdisciplinary programme provides you with the tools to critically analyse, understand, and influence the political and economic systems that govern our societies.

Politics and economics are two interreled fields of study that examine the way in which governments, societies, and economies interact. The politics and economics course covers a range of topics, from the history of political thought to the principles of macroeconomics. Students will learn about the different political systems, the role of the state in the economy, and the impact of international trade and investment.

This course is designed to give students a comprehensive understanding of the subject. Students will learn about the different political ideologies, the role of the state in the economy, and the impact of international trade and investment. They will also gain an understanding of the economic theory behind the various economic systems, such as capitalism, socialism, and mixed economies.

The course will also cover the history of economic thought, from the classical economists to the modern day. Students will learn about the different economic models and theories, and how they have been applied to various economic situations.

Overall, Politics and Economics is an interesting and relevant choice for students. It provides a comprehensive overview of the topics and theories related to politics and economics, and gives students the opportunity to gain a deeper understanding of the impact of politics and economics on their lives.

👍 When writing a personal statement : Highlight your passion for the course, demonstrating your understanding of it. Use relevant personal experiences, coursework, or work history to showcase how these have fostered your interest and readiness for the course.

Career Opportunities

Securing a Politics and Economics degree from a UK university opens a broad range of career paths in various sectors:

1. Policy Analyst: Research, analyse, and provide advice on issues of public policy, within governmental or non-governmental organisations.

2. Political Advisor: Advise politicians on economic issues, using your understanding of political systems and economic theories.

3. Economic Consultant: Provide strategic advice to businesses or government bodies on economic conditions, forecasts and policies.

4. Diplomat: Represent and protect a nation’s interests at home and abroad, leveraging understanding of economic and political dynamics.

5. Researcher: Conduct in-depth studies into political or economic trends for think tanks, universities or government departments.

6. Lobbyist: Advocate for specific issues or policies on behalf of a group, organisation, or industry.

7. Public Relations Officer: Manage the reputation and image of an organisation or individual, often dealing with political and economic issues.

These roles allow you to apply your knowledge of economics and politics in meaningful ways that can shape society and influence policy-making. The world of politics and economics is yours to explore!

UK Admission Requirements

In order to be accepted into the Politics and Economics course at a UK university, applicants must have achieved a minimum of a Grade B in A-Level Economics, and a Grade C in A-Level Politics. Additionally, applicants must have achieved a minimum of five GCSEs at Grade C or above, including Maths and English.

This entry criteria is relatively standard for most university courses in the UK, and is slightly more stringent than some other courses. For example, a course in History may only require a Grade C in A-Level History, and a Grade D in any other A-Level subject. Similarly, a course in English Literature may only require a Grade C in A-Level English Literature, and a Grade D in any other A-Level subject.

Overall, the entry criteria for the Politics and Economics course is quite standard, and is slightly more stringent than some other courses.

UK Earnings Potential For Politics and Economics

The average earnings for someone with a degree in Politics and Economics can vary greatly depending on the job role and the sector they are in. Generally speaking, graduates with a degree in Politics and Economics can expect to earn an average of £25,000 to £35,000 per year.

The job market for graduates with a degree in Politics and Economics is growing rapidly. This is due to the increased demand for individuals with knowledge and skills in both areas, as well as the fact that many employers are looking for individuals who can offer a unique combination of both political and economic expertise.

In terms of trends, the job market for graduates with a degree in Politics and Economics is expected to continue to grow. This is due to the increasing demand for individuals with knowledge and skills in both areas, as well as the fact that many employers are looking for individuals who can offer a unique combination of both political and economic expertise. Additionally, the political and economic landscape is constantly changing, which means that the demand for people with knowledge and skills in both areas is likely to remain high.

Similar Courses in UK

Other university courses related to Politics and Economics are International Relations, Political Science, and Economics.

International Relations is a course that focuses on the study of relationships between countries, including the study of international law, diplomacy, and international organizations. It also looks at the history and development of international relations, as well as the current state of international affairs.

Political Science is a course that focuses on the study of politics, government, and public policy. It looks at the theories and practices of political systems, how governments work, and the role of citizens in the political process.

Economics is a course that focuses on the study of how societies produce, distribute, and consume goods and services. It looks at the theories of supply and demand, economic growth, and the impact of government policies on the economy.

The key differences between these courses are that International Relations focuses on the study of international relations, Political Science focuses on the study of politics and government, and Economics focuses on the study of economics. Each course has its own unique focus and approach to the study of politics and economics.

UK Curriculum

Politics and Economics is a course that covers a wide range of topics and modules. It typically includes an introduction to the study of politics and economics, an exploration of the key concepts and theories in both fields, and an examination of the key issues and debates in contemporary politics and economics.

The course typically covers topics such as the history and development of political and economic systems, the role of the state and markets, the impact of globalization, and the role of public policy in shaping economic and political outcomes. It also covers the role of international organizations, the role of the media and public opinion, and the role of political parties and interest groups.

In addition to lectures and seminars, the course may also include practical work such as field trips, case studies, and simulations. Students may also be asked to complete research projects and write essays on the topics covered in the course. This provides students with the opportunity to gain hands-on experience in the field and to apply the concepts and theories they have learned in the classroom to real-world situations.

Alumni Network

Notable alumni from the course Politics and Economics include former US President Barack Obama , who earned a degree in International Relations from Columbia University in 1983. Obama has since gone on to become a highly influential leader in the world of politics and economics, having served as the 44th President of the United States from 2009 to 2017.

During his time in office, Obama implemented a number of economic policies that had a major impact on the US economy, including the Affordable Care Act, the Dodd-Frank Wall Street Reform and Consumer Protection Act, and the American Recovery and Reinvestment Act.

The Obama Foundation also offers a variety of alumni events and networking opportunities for former students of the course Politics and Economics. These include the Obama Foundation Summit, an annual gathering of leaders from around the world, and the Obama Foundation Scholars Program, which provides mentorship and other resources to help students pursue their academic and professional goals.

Additionally, the Obama Foundation hosts a number of alumni events throughout the year, such as the Obama Foundation Summit in Chicago and the Obama Foundation Global Summit in Japan. These events provide alumni with the opportunity to connect with other alumni, network, and learn more about the Obama Foundation’s mission and initiatives.

Reach out to us for career and sponsorship opportunities

© 2024 Acrosophy Excellence in Application

A Medical MBA Company The Medical MBA Ltd Company number: 13561401 86-90 Paul Street, London, England, United Kingdom, EC2A 4NE

An official website of the United States government

Gross Domestic Product, First Quarter 2024 (Advance Estimate)

• News Release
• Related Materials
• Additional Information

Real gross domestic product (GDP) increased at an annual rate of 1.6 percent in the first quarter of 2024 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2023, real GDP increased 3.4 percent.

The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency (refer to “Source Data for the Advance Estimate” on page 3). The “second” estimate for the first quarter, based on more complete source data, will be released on May 30, 2024.

The increase in real GDP primarily reflected increases in consumer spending, residential fixed investment, nonresidential fixed investment, and state and local government spending that were partly offset by a decrease in private inventory investment. Imports, which are a subtraction in the calculation of GDP, increased (table 2).

The increase in consumer spending reflected an increase in services that was partly offset by a decrease in goods. Within services, the increase primarily reflected increases in health care as well as financial services and insurance. Within goods, the decrease primarily reflected decreases in motor vehicles and parts as well as gasoline and other energy goods. Within residential fixed investment, the increase was led by brokers’ commissions and other ownership transfer costs as well as new single-family housing construction. The increase in nonresidential fixed investment mainly reflected an increase in intellectual property products. The increase in state and local government spending reflected an increase in compensation of state and local government employees. The decrease in inventory investment primarily reflected decreases in wholesale trade and manufacturing. Within imports, the increase reflected increases in both goods and services.

Compared to the fourth quarter, the deceleration in real GDP in the first quarter primarily reflected decelerations in consumer spending, exports, and state and local government spending and a downturn in federal government spending. These movements were partly offset by an acceleration in residential fixed investment. Imports accelerated.

Current‑dollar GDP increased 4.8 percent at an annual rate, or $327.5 billion, in the first quarter to a level of $28.28 trillion. In the fourth quarter, GDP increased 5.1 percent, or $346.9 billion (tables 1 and 3).

The price index for gross domestic purchases increased 3.1 percent in the first quarter, compared with an increase of 1.9 percent in the fourth quarter (table 4). The personal consumption expenditures (PCE) price index increased 3.4 percent, compared with an increase of 1.8 percent. Excluding food and energy prices, the PCE price index increased 3.7 percent, compared with an increase of 2.0 percent.

Personal Income

Current-dollar personal income increased $407.1 billion in the first quarter, compared with an increase of $230.2 billion in the fourth quarter. The increase primarily reflected increases in compensation and personal current transfer receipts (table 8).

Disposable personal income increased $226.2 billion, or 4.5 percent, in the first quarter, compared with an increase of $190.4 billion, or 3.8 percent, in the fourth quarter. Increases in compensation and personal current transfer receipts were partly offset by an increase in personal current taxes, which are a subtraction in the calculation of DPI. Real disposable personal income increased 1.1 percent, compared with an increase of 2.0 percent.

Personal saving was $755.7 billion in the first quarter, compared with $815.5 billion in the fourth quarter. The personal saving rate —personal saving as a percentage of disposable personal income—was 3.6 percent in the first quarter, compared with 4.0 percent in the fourth quarter.

Source Data for the Advance Estimate

The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency. Information on the source data and key assumptions used in the advance estimate is provided in a Technical Note and a detailed " Key Source Data and Assumptions " file posted with the release. The second estimate for the first quarter, based on more complete data, will be released on May 30, 2024. For information on updates to GDP, refer to the "Additional Information" section that follows.

*          *          *

Next release, May 30, 2024, at 8:30 a.m. EDT Gross Domestic Product (Second Estimate) Corporate Profits (Preliminary Estimate) First Quarter 2024

Full Release & Tables (PDF)

Technical note (pdf), tables only (excel), release highlights (pdf), historical comparisons (pdf), key source data and assumptions (excel), revision information.

• GDP Lisa Mataloni  301-278-9083 [email protected]
• Corporate Profits Kate Pinard 301-278-9417 [email protected]
• Media (BEA) Connie O’Connell 301-278-9003 [email protected]

Additional resources available at www.bea.gov :

• Stay informed about BEA developments by reading the BEA blog , signing up for BEA's email subscription service , or following BEA on X, formerly known as Twitter @BEA_News .
• Historical time series for these estimates can be accessed in BEA's interactive data application .
• Access BEA data by registering for BEA's data Application Programming Interface (API).
• For more on BEA's statistics, refer to our online journal, the Survey of Current Business .
• BEA's news release schedule
• NIPA Handbook : Concepts and Methods of the U.S. National Income and Product Accounts

Definitions

Gross domestic product (GDP), or value added , is the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production. GDP is also equal to the sum of personal consumption expenditures, gross private domestic investment, net exports of goods and services, and government consumption expenditures and gross investment.

Gross domestic income (GDI) is the sum of incomes earned and costs incurred in the production of GDP. In national economic accounting, GDP and GDI are conceptually equal. In practice, GDP and GDI differ because they are constructed using largely independent source data.

Gross output is the value of the goods and services produced by the nation's economy. It is principally measured using industry sales or receipts, including sales to final users (GDP) and sales to other industries (intermediate inputs).

Current-dollar estimates are valued in the prices of the period when the transactions occurred—that is, at "market value." Also referred to as "nominal estimates" or as "current-price estimates."

Real values are inflation-adjusted estimates—that is, estimates that exclude the effects of price changes.

The gross domestic purchases price index measures the prices of final goods and services purchased by U.S. residents.

The personal consumption expenditure price index measures the prices paid for the goods and services purchased by, or on the behalf of, "persons."

Personal income is the income received by, or on behalf of, all persons from all sources: from participation as laborers in production, from owning a home or business, from the ownership of financial assets, and from government and business in the form of transfers. It includes income from domestic sources as well as the rest of world. It does not include realized or unrealized capital gains or losses.

Disposable personal income is the income available to persons for spending or saving. It is equal to personal income less personal current taxes.

Personal outlays is the sum of personal consumption expenditures, personal interest payments, and personal current transfer payments.

Personal saving is personal income less personal outlays and personal current taxes.

The personal saving rate is personal saving as a percentage of disposable personal income.

Profits from current production , referred to as corporate profits with inventory valuation adjustment (IVA) and capital consumption (CCAdj) adjustment in the National Income and Product Accounts (NIPAs), is a measure of the net income of corporations before deducting income taxes that is consistent with the value of goods and services measured in GDP. The IVA and CCAdj are adjustments that convert inventory withdrawals and depreciation of fixed assets reported on a tax-return, historical-cost basis to the current-cost economic measures used in the national income and product accounts. Profits for domestic industries reflect profits for all corporations located within the geographic borders of the United States. The rest-of-the-world (ROW) component of profits is measured as the difference between profits received from ROW and profits paid to ROW.

For more definitions, refer to the Glossary: National Income and Product Accounts .

Statistical conventions

Annual-vs-quarterly rates . Quarterly seasonally adjusted values are expressed at annual rates, unless otherwise specified. This convention is used for BEA's featured, seasonally adjusted measures to facilitate comparisons with related and historical data. For details, refer to the FAQ " Why does BEA publish estimates at annual rates? "

Quarterly not seasonally adjusted values are expressed only at quarterly rates.

Percent changes . Percent changes in quarterly seasonally adjusted series are displayed at annual rates, unless otherwise specified. For details, refer to the FAQ " How is average annual growth calculated? " and " Why does BEA publish percent changes in quarterly series at annual rates? " Percent changes in quarterly not seasonally adjusted values are calculated from the same quarter one year ago. All published percent changes are calculated from unrounded data.

Calendar years and quarters . Unless noted otherwise, annual and quarterly data are presented on a calendar basis.

Quantities and prices . Quantities, or "real" volume measures, and prices are expressed as index numbers with a specified reference year equal to 100 (currently 2017). Quantity and price indexes are calculated using a Fisher-chained weighted formula that incorporates weights from two adjacent periods (quarters for quarterly data and annuals for annual data). For details on the calculation of quantity and price indexes, refer to Chapter 4: Estimating Methods in the NIPA Handbook .

Chained-dollar values are calculated by multiplying the quantity index by the current dollar value in the reference year (2017) and then dividing by 100. Percent changes calculated from real quantity indexes and chained-dollar levels are conceptually the same; any differences are due to rounding. Chained-dollar values are not additive because the relative weights for a given period differ from those of the reference year. In tables that display chained-dollar values, a "residual" line shows the difference between the sum of detailed chained-dollar series and its corresponding aggregate.

Updates to GDP

BEA releases three vintages of the current quarterly estimate for GDP. "Advance" estimates are released near the end of the first month following the end of the quarter and are based on source data that are incomplete or subject to further revision by the source agency. "Second" and "third" estimates are released near the end of the second and third months, respectively, and are based on more detailed and more comprehensive data as they become available.

The table below shows the average revisions to the quarterly percent changes in real GDP between different estimate vintages, without regard to sign.

Annual and comprehensive updates are released in late September. Annual updates generally cover at least the five most recent calendar years (and their associated quarters) and incorporate newly available major annual source data as well as some changes in methods and definitions to improve the accounts. Comprehensive (or benchmark) updates are carried out at about 5-year intervals and incorporate major periodic source data, as well as major conceptual improvements.

Unlike GDP, advance current quarterly estimates of GDI and corporate profits are not released because data on domestic profits and net interest of domestic industries are not available. For fourth quarter estimates, these data are not available until the third estimate.

GDP by industry and gross output estimates are released with the third estimate of GDP.