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‘I Realized That Economics Has Many Different Fields’

‘I Realized That Economics Has Many Different Fields’

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Though a native of South Korea, Daeun Han went to school in Moscow, so attending a Russian university and taking classes in Russian did not pose a big challenge for her. She is currently working towards a Bachelor's degree in economics at the Faculty of Economic Sciences at HSE University. As a third-year student, she finds herself getting more and more interested in different aspects of economics.

Daeun Han

I decided to study at HSE at the recommendations of my family. I was able to get high scores on entrance exams as they had a similar format to Russian Unified State Exams and I studied in a Russian high school.

Initially, I was a bit worried about my mathematical background because I had been in AP Cultural Studies group at high school, rather than Maths or Economics. But I needn’t have worried as Maths courses in our Economics programme were very good and well-structured. Also, there was always an opportunity to talk to professors after lectures and seminars and attend teaching assistants’ and professors’ consultations.  

Diving into Economics

There was at least one subject every year that I really enjoyed studying. As a first-year undergraduate student, I really liked Calculus. Professor Nikolay Polyakov was our lecturer and instructor in my group. His lectures and seminars they gave me a fundamental knowledge and interest for mathematical subjects.

As a second-year undergraduate student, I enjoyed Microeconomics and Instrumental Methods for Digital Economics. I started to realize that Economic Sciences have many fields like Theoretical, Applied Economics, Finance and so on. This got more interested in my major.

In my third year, I liked Machine Learning, Econometrics, and Macroeconomics most of all. These subjects are helpful in understanding various phenomena from an economic perspective and applying economic knowledge by combining it with other fields like computer sciences, etc.

At the moment, I have no detailed plans for my future, but I know that I want to continue studying economics. I think I would like to go into the data science aspect of economics as I am also interested in computer science. I hope to work in this field in the future.

Tips for Staying on Track

The most difficult part in studying now is time management as many courses are online. The lessons are usually arranged via online platforms like Zoom, Microsoft Teams and online.hse.ru.

Winter exams went as usual. Exam week is always a very stressful time for many students and I am no exception. Week of little sleep and a lot of tiredness is still bearable because after that there is a vacation.

It is important to be careful with time and not waste it because there are many assignments and exams that require much time to study

However, it is hard to stay focused all the time at home. In philosophical aspect, the most crucial thing that helps me anytime is asking myself why I study and how. It is important to give precise answers to these questions to get the effect.

HSE University welcomes applicants from all over the world and offers not only different levels of study, but also different formats in English and Russian, online and offline. International applicants can apply for Bachelor’s and Master’s degree programmes in a separate admissions process for foreign applicants and receive scholarships with full or partial tuition fee coverage.

When applying to a Bachelor’s programme, including five English-taught programmes in Moscow, it is possible to submit international certificates you have received in English and mathematics, such as IELTS, TOEFL, A-Level and other international exams and they will be recognized by HSE University, so taking entrance exams in relevant subjects will not be required.

Undergraduate applicants can test their chances of admission now by taking mock tests. Master’s applicants also have the opportunity to get a preliminary assessment of their portfolio and communicate with their programme of choice online.

To learn more about HSE University, its admission process, or life in Moscow, please visit International Admissions website, or contact the Education & Training Advisory Centre. The staff are happy to advise applicants and their parents via e-mail at inter@hse.ru, by phone +7 (495) 531 00 59, or WhatsApp +7 (916) 311 85 21, as well as on social media in Russian and in English: Vkontakte, Facebook, Telegram and Instagram.

See also:

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'HSE Paved My Road to Harvard'

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Income and Cost of Living Distribution Found to Be Similar in Russia and US

Researchers at the HSE Faculty of Economic Sciences Laboratory for Wealth Measurement analysed income and cost of living data at the sub-regional level in Russia (municipalities) and in the US (counties). The study reveals that territorial differences in the cost of living are more pronounced in Russia compared to the United States. However, the distribution of overall income across settlements of varying sizes is quite comparable in both countries. The article has been published in the HSE Economic Journal.

12% of Middle-aged Female Russians Look After Both Children and Parents at the Same Time

Economists at HSE University and the Russian Presidential Academy of National Economy and Public Administration (RANEPA) have assessed the situation of women from the ‘sandwich generation’ — those who have to take care of both their children and elderly parents. The results were mixed: women in this situation often fail to eat regularly, neglect medical check-ups and are more likely to be overweight, but at the same time suffer less frequently from chronic diseases, smoke and drink less and generally show a higher level of life satisfaction. The preprint of the study is published in the Munich Personal RePEc Archive.

Defenders in Football Underrated in the Transfer Market

Having analysed the statistics of players in the German Bundesliga, researchers from the HSE University Laboratory of Sports Studies found that the impact of defensive actions by players during a football match is much greater than contribution of such actions to their market value. The results of the study were published in the journal Applied Economics.

Graduate Admissions Webinars: PhD Programme in Economics

On February 1, 2023, HSE University will open admissions to its doctoral schools. The Doctoral School of Economics has held a webinar for prospective students, which attracted participants from various parts of the world. Materials and feedback from the webinar, as well as information on applications, are now available on the Faculty of Economic Sciences website.

HSE Faculty of Economic Sciences Co-Authors Intercontinental Monograph

The monograph Russian and Western Economic Thought has been published under the editorship of the HSE Faculty of Economic Sciences and the University of Hohenheim, Stuttgart (Germany). Written by a selection of respected experts, the monograph examines the interrelations and mutual influence of Russian and Western economic thinking. The book is edited by Prof. Vladimir Avtonomov, HSE Faculty of Economic Sciences, and Prof. Harald Hagemann, the University of Hohenheim.

Incompatible Alternatives: HSE Researchers on the Ambivalence of Power in the Twenty-first Century Economy

Ambivalence and a combination of contradictory principles are vividly manifested in the actions of government, its individual agents and institutions, as well as the everyday practices of economic subjects and citizens. The participants of the HSE Laboratory for Studies in Economic Sociology seminar discussed the book The Ambivalence of Power in the Twenty-First Century Economy: Cases from Russia and Beyond, recently published in the UK. Prepared by researchers from HSE University and foreign universities, the book focuses on the study of ambivalence in Russia and beyond.

The Informal Economy and Post-Soviet Transition

The informal economy is a global phenomenon found in both developed and developing countries. There remains no consensus among academics about how the informal sector impacts overall economic growth. Elena Kalmychkova and Alexander Lipanov of Lomonosov Moscow State University and HSE University examined the informal economic sectors of former Soviet republics and found that regardless of any potential negative impact, these informal economies eventually helped people adapt to a post-transition free market environment.

Russians Feel Disappointed with Their Income if Their Reference Group Average is Higher

Researcher Anastasia Dubnovitskaya of HSE University has studied the impact of social comparison on the level of Russians' pay satisfaction. The study used data from the Russia Longitudinal Monitoring Survey — HSE University (RLMS-HSE) from 2002 to 2018. It turned out that the main contribution to Russians' pay satisfaction is the difference between their actual pay and the average wages of the reference group — people with similar characteristics. The size of one's own wages was of secondary importance.