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Free Sample Personal Statement in Economics
Due to the comprehensiveness of China’s “reform and open” policies,
economics plays an increasingly important role in the development of its
global position. As a senior at Beijing University majoring in
Economics, I feel that my field is fundamental to the progress of my
country. Yet, at the same time, I realize only too well that what I have
learned as an undergraduate is far from enough. Therefore, it is my
desire to pursue a graduate degree I Economics at your university. If
accepted, my intended concentration would be Economic Development and
Public Economics.
In the process of preparing myself for advanced research, I obtained a
solid academic background in mathematics, computer science and basic
economic theory. In order to enhance my capabilities and further
establish my background, I plan to take Probability and Econometrics as
my electives during my last semester at Beijing University. During my
undergraduate career I was fortunate to be able to audit several
advanced graduate level courses taught by overseas professors such as
Comparative Economic Systems and Advanced Macroeconomics. These classes
not only introduced me to new economic concepts and theories, but also
broadened my perspective and gave me new insights into the depth of my
field.
After over three years of studying economics and extensive reading in
related fields, I have developed my own understanding of the present
Chinese economy with system. I feel, and it is an idea shared by many,
that the Chinese government is presently struggling to adapt a policy
which would peacefully integrate the advantages of a marked economy with
the current Socialist system. to a certain extent, I feel that the
government has been successful in implementing this aim.
However, many problems have yet to be resolved. Chief among these is the
problem of rejuvenating and restructuring the large, state-owned
enterprises. As a result under the Chinese socialist system, these
companies not only lack a spirit of competition, but are also hopelessly
overstaffed. There is a definite need to cut back on workers, many of
whom are unskilled and present an unnecessary burden on these companies.
The fundamental problem here is that China lacks unemployment and social
security programs, which would be able to assist and re-train these
workers should they be laid off. As there are no options for them, the
companies are forced to retain these laborers, creating a stagnant state
which limits both production levels and net profits. While
foreign-imported goods and foreign companies were scare in China, this
was not a major problem. However, the influx of foreign goods and
corporations has forced China into a predicament where it can no longer
afford to maintain useless employees for the benefit of the State.
Should the situation here continue unchecked, China risks loosing its
domestic marked to foreign companies.
These ideas were the result of my field research conducted during my
junior year. During that time, I studied first-hand edly China’s system
of public economics and found it lacking in many ways. I feel that if
China is ever to be a serious competitor in the world market it needs
first to develop a more progressive system of public policies. For this,
China will have to look to other systems, which have struggled and
successfully handled this same problem. My goal is to continue my
education in the United States where I can not only witness the dynamics
of an economic system different from ours, but also study the ways in
which America’s public policy could be adapted and utilized by China.
In terms of global economics, China still has much to learn. The
government is far from reconciling itself with many of the principles
that underlie the modern market. I also feel that the Chinese situation
is unique, and , that in order to be successful, policy makers must take
into consideration regional characteristics, historical tradition and
social psychology when defining the course of the future.
However, it is also essential that the future generations of leaders,
administrators and teachers learn from other countries in order to
better understand the complexity of China’s role within the global
economic situation.
The more China’s economy is prosperous, the more it needs its own
economists. Therefore, at the end of my graduate study, I intend to
return to my country and contribute to China’s economic progress. My
ultimate goal is to teach introducing advanced Western research methods
to my country and, if possible, tackle some of the economic problems
faced by my country.
I am also applying for overseas graduate study because of the fact that
the United States holds the leading position in the research of my
chosen field. Your institution, known for its careful and exacting work
ethic and nurturing academic atmosphere, is the university I have long
admired. I am confident that with your distinguished faculty and
recognized facilities, my potential will develop into knowledge and
experience beneficial to both the United States and China.
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