Study Plan for CSC Scholarships
Study Plan for CSC Scholarships
My name is xxxx, a 23 year old lady from xxx. I hold a Bachelor of Social Science degree with a major in Economics and a minor in Psychology. I successfully completed my undergraduate studies in October 2020 at the University of xxxx, xxxx. I graduated with a GPA of xxx out of 4.0. My interest in economics was ignited in 2010 during first year of study of social sciences. Immediately I realized how crucial the field is to developing countries like xxxx. Among many issues, it is stipulated that most African economies are underdeveloped because of it is common to adopt policies that work for other countries instead of formulating policies that are specifically tailored for the specified African economy. For this reason my main goal is to deepen my understanding and knowledge in Applied Economics which will build a solid foundation for me to partake in ground breaking research that will have significant policy implications to the xxxx economy.
In my pursuit of my undergraduate degree I studied various courses of Economics, the main courses include Microeconomics and Macroeconomics, Money and Banking, Development Economics, International Economics, Public Finance, Corporate Finance, Environmental Economics, Health Economics, Quantitative methods and Econometrics. In my final year I conducted research on the Impacts of trade openness on Inflation rates in xxxx using Auto Regressive Distributive Lags model for analysis. The study revealed that the relationship between trade openness and inflation rates in xxx is a negative one, in other words the more xxxxx opens up to trade the more general prices increase. This could be because xxxx is a landlocked country and because the country is a largely importing economy. In a nutshell, the research findings were inconsistent with one of the most celebrated propositions found in international trade; the proposition that trade liberalization is associated with lower prices, that protectionism in trade is inflationary.
In addition as a student, I loved to step out of my studies by joining the ladies basket ball team and learning the art of Tai-chi as a form of meditation. I also took up leadership roles in small organizations on campus in order to polish my leadership skills but it is not enough that is why I am constantly seeking opportunities that will prepare me for influential leadership roles in the near future. Personally I am an adventurous person who loves visiting and fitting into new environments. I enjoy meeting new people of diverse cultures because the experiences polish my interpersonal and communication skills which I believe are the main things that contribute to my growth as a social person.
After graduation I secured a job as a monitoring and evaluation assistant at xxxxxx, the job is mainly centered on statistical skills as data management and design of research tools is crucial to the job. The job has helped me build practical skills in quantitative research.
STUDY PLAN IN CHINA:
After completion of my master’s studies I hope to be able to take part in maximizing my country’s economic research in such fields to benefit its policy formulation and adjustments. This will contribute to a sound economy that will in turn improve the poor living standards of the xxxxan people. I believe that this Masters Program will provide me with a solid understanding of the fundamental tools of economic analysis that are employed to conduct rigorous research of economic issues and economic policies. I hope that I can gain more experience in dealing with situations, people, and demands which will be of a great help in my future career.
Economic analysis, both theoretical and empirical, can generate important insights into individual and aggregate behavior and relationships, and help in society’s efforts to use scarce resources in a more efficient manner for the sake of development. Such knowledge and skills will enable me to attempt to explore some of the economic challenges peculiar to some of the poorest countries in the world. By acquiring such skills, I will have the opportunity to apply the tools of economic analysis to the problems and challenges facing xxxx, and to begin to understand why my country has not been able to go through a process of economic and human development.
REASONS TO STUDY IN CHINA:
China’s heavy investment in education has resulted in provision of high quality education and its universities have high reputation which makes a great aspiration to the students and professionals for the better career perspectives. As someone whose sole interest lies in Economics, China being an economic powerhouse provides the perfect environment for the study and research in Applied Economics. China will provide me an opportunity to meet imminent researchers in this field and to be part of its research community will allow me to acquire invaluable transferable skills which I can tailor and apply in my country.
China as a country is also iconic to me due to the bilateral relations it has with xxxx. The fact that China is promoting trade and peace with xxx makes it a comfortable destination to pursue a Masters degree in Applied Economics.
In addition, of great interest to me is China’s diverse, vibrant and well preserved culture. It would be honorable to learn and live the norms and values of the Chinese people as well as appreciate the great cuisines of China.
In conclusion, I am looking forward to your favorable consideration and I look forward to your reply.