Nuus uit die Skool 1

Proff Krugell, Viviers and Parsons

Proff Krugell, Viviers and Parsons

Die tweede semester stoom voort en ons het die nuus bietjie laat ophoop vir ‘n goeie  berig hierdie week.

  • Prof Riaan Rossouw het op 5 en 6 Augustus ‘n ERSA Mikro-simulasie werkswinkel by UP bygewoon.
  • Proff Saayman en Krugell het op 7 en 8 Augustus die jaarlikse metodes winterskool aangebied vir die Skool se M-studente.
  • Verlede week het Mnr Requier Wait ‘n gaslesing aangebied by NMMU.
  • Oor die afgelope week het die Skool die jaarlikse Togaweek aangebied:
    • Mnr Peet Roos van die loopbaansentrum het ‘n aanbieding gedoen oor CVs en onderhoude.
    • Me Rose Blatch van ITRISA het ‘n gaslesing aangebied by EKIP321
    • Mnr Gert van Wyk van Senwes het ‘n gaslesing aangebied by EKRP321
    • Prof Raymond Parsons het ‘n gaslesing aangebied by ECON322.
    • Woensdag die 14de het die Skool 2012 se akademiese presteerders vereer met ‘n funksie by die daktuin.
  • Donderdag 15 Augustus het Mnr Francois Groepe van die SA Reserwe Bank ‘n aanbieding oor Monetêre Beleid gedoen by die Skool se seminaar. Mnr Groepe is ‘n adjunk Goewerneur van die Bank en lid van die monetêre beleidskomitee.

Gisteraand was die bekendstelling van Prof Raymond Parsons se nuwe boek: Zumanomics Revisited hier op kampus. Proff Viviers en Krugell het  hulp en bystand verleen en dit was vir ons lekker om deel te wees van die proses tot by die lekker funksie in die Gallery. As jy nuuskierig is oor #Zumanomics, lees ‘n Storify van Prof Krugell se tweets hier.

Seminar: Francois Groepe of the SARB on monetary policy Reply

GroepeThis morning the School of Economics was privileged to host Mr Francois Groepe of the South African Reserve Bank at our seminar. Mr Groepe is a deputy governor of the Bank and member of the MPC and it was very interesting to hear more about monetary policy straight from the top policymakers.

The link to the speech is here.

We would like to thank Mr Groepe for the extended Q&A session which covered the definition of financial stability, systemic risk, macro-prudential regulation, bitcoin, youth unemployment and Prof Kleynhans’ mom’s savings and interest rates.

He also covered a number of policy research gaps that may present interesting dissertation topics for the future:

  • What are the objectives of macro-prudential regulation?
  • What does the toolkit of instruments look like, to achieve those objectives?
  • How effective are the instruments?
  • What measures can be used to identify systemic risk?

We would like to thank him for taking time from his busy schedule to visit Potch.

Preparing for the world of work 1

This week the School is looking outward and we have invited guest speakers to tell our students more about the world of work, what employers are looking for and how they can prepare their CVs for the tough process of job search. The line-up includes:

  • Me Rose Blatch of ITRISA spoke to the third year students last week telling them more about work in the international trade environment.
  • Yesterday, Mr Peet Roos of the campus Career Centre made a presentation on CVs and preparation for interviews.
  • On Friday Mr Gert van Wyk of Senwes will tell students more about risk management in Agri-business and the world of futures and options.
  • Next Monday Prof Raymond Parsons will speak on the topic of South African political economy – crucial stuff if you want to sound informed in that interview!
Peet speaking on competencies

Peet speaking on competencies

Yesterday’s presentation on CVs and interviews took an interesting approach: Peet did not go into the details of formatting CVs, or present a list of do’s and don’ts for interviews, but rather urged students to become competent at presenting their competencies. He argued that the world of work will require them to change, to learn to take risks, to persist and to lead. To convince prospective employers that you will be able to do this you need to sell your competencies in your CV and in an interview. This means that you have to focus on presenting your knowledge, skills and attitude. He translates this into more practical terms: showing what is in your head, hands and heart.

But your CV should not be just a list of things: telling people that you know some economics, that you can estimate econometric models and that you are really super-duper keen on working for their company – you have to lead with examples to convince them. Focus on the really hard (that used to be called soft) skills.

If you are looking for some advice and inspiration, have a look at Prof Jonathan Jansen’s recent letter for Times Live: It is hard work to work.

If you are looking for some practical tips and tricks, have a look at these slides Prof Krugell prepared for a post last year.

Opinion: Blogs, Economics and economics blogs Reply

Keynes famously wrote:

Practical men who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back. I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.

I have written about economics and blogs a few times and in the past few weeks there have been a number of other articles and blog posts about the econoblogosphere that I want to share the links for:

… for economists who actively engage the public, it is hard to influence hearts and minds by qualifying one’s analysis and hedging one’s prescriptions. Better to assert one’s knowledge unequivocally, especially if past academic honors certify one’s claims of expertise. This is not an entirely bad approach if it results in sharper public debate. The dark side of such certitude, however, is the way it influences how these economists engage contrary opinions.

The South African econoblogosphere is still small, but if you are looking for something to read, have a look at our blogroll!