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Tools for the Future: What the Careers Centre Can Offer You

As the weather begins to chill and the leaves start to change color, every St Andrews student recognises the change of season—internship season that is! Although many summer internship applications won’t be due until closer to spring, positions are beginning to open and it’s crucial to start early. For undergraduate students who might be entering a sector of the...

St Andrews Economists: An Interview with Dr. Paul Egan

Far along the Scores, deep within the charming walls of Castlecliffe, resides Dr. Paul Gerard Egan. Dr. Egan, an associate lecturer, joined the School of Economics and Finance in January 2015 after completing his PhD in economics at the University of Limerick in Ireland. In addition to giving lectures, Dr. Egan is an avid researcher. Just after completing his...

Climate Change and the Hard Questions Posed

The world is ending. But, policymakers are asking, how expensive will it be to prevent, or to cope with? Such are the hard economic questions posed by the latest bone-chilling report released by the International Panel on Climate Change (IPCC). Even at the brink of Armageddon, budgets must still be drafted, investments must be hedged, and inflation kept stable. To put...

2018 Nobel Prize in Economics Awarded to Yale Professor William Nordhaus and NYU Professor Paul Romer

On 8 October, the Royal Swedish Academy of Sciences named Yale’s professor William D. Nordhaus and NYU School of Business’ professor Paul M. Romer as this year’s winners of the 50th Sveriges Riksbank Prize in Economic Sciences, in Memory of Alfred Nobel. The official press release states that it was awarded to Prof Nordhaus "for integrating climate change into...

World Economy This Week

United States’ federal budget deficit amounted to $779 bn for the fiscal year ending 30 September. It has increased to 3.9 per cent of GDP, up from 3.5 per cent in 2017. One of China’s largest producers of vaccines, Changsheng Biotech, was fined ¥9.1 bn ($ 1.3 bn) by the government in relation to its faulty data on vaccines for...

The Dating Market: The Economics of a Relationship

Finding love is a hot commodity—something heavily in demand, but not so easily obtained. What I would like to argue is that the “Dating Market” explains the basic concepts of economics in very basic terms because it is a market in itself. Although this is not to say individuals themselves are commodities, we can instead look at the values...

Making Money Moves: A Guide to Renting Flats in St Andrews

The scene is set: after living in halls for at least your first year, you’ve decided you need your own place. But where do you start? What do you need to know as your general rules as a renter? Or, perhaps, you’ve already moved out of halls, but are discontent with your current flat? What are your protections as...

Embracing Social Enterprise with Enactus St Andrews

St Andrew’s entrepreneurial spirit this year is vivified by the prevalent presence of Enactus. Though the society is not new to St Andrews, they have transformed rapidly within the past few months, an effort that placed them in the final three of Enactus UK’s Summer Action. Curious to find out what lies ahead for Enactus, The Saint sat down...

The Experiential vs Material Purchase Dilemma

Among today’s consumerist trends sparks the rapid rise of consumption for experiences. Long gone are the days when shopping is centered around brick-and-mortar retail. Nowadays, customers focus on the shopping experience, and in some ways, shopping for experiences. With all the late jostle revolving around the magical power of experiential purchases and claims that they make people happier, I...

The Quant Conference Returns

When I last spoke to Nikita Fadeev, who graduated from St Andrews this past spring with an undergraduate degree in mathematics, he was in the process of planning an ambitious and nearly unprecedented student-organized conference designed to introduce young bright minds to the daunting world of quantitative finance.  For the uninitiated among us, quantitative trading is an umbrella term for...