Economics is a social science involved with how customers and firms respond to incentives, how they interact by means of commerce in markets, and the way the whole economic system works, in terms of productivity, unemployment, and development. This course surveys latest developments in behavioral economics and considers functions in labor economics, macroeconomics, finance, public finance, shopper selection, and other areas. The $5,000 scholarship can be awarded yearly to a graduating pupil who has accepted a proposal of admission to a high UK or US graduate program in economics.
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Members of the economics research group include internationally famend professors like Pieter Gautier (labour and macroeconomics), Maarten Lindeboom (health economics), Eric Bartelsman (firm behaviour) and Chris Elbers (globalization, poverty and economic development).
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