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Simon Litwin

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This week's champion is a one of our amazing interns and Economics student at the University of Warwick.

Why did you choose to study economics?

When I was younger, I found all the news covering macroeconomics events extremely interesting, however back then I couldn't make much sense out of them. This is what made me start learning economics. I started from reading basic books about micro and macroeconomics, then I participated in economics competition which allowed me to further broaden my knowledge. The whole process was also rewarding, as I could see how the things that I was learning about are used in real life.

How would you describe economics?

I think that the economics could be describe as a study of how to distribute limited resources across society in both a fair and socially optimal manner.

If you had a time machine and could meet your 16-year-old self, what advice would you give them?

To focus on studying subjects that you really like and which learning brings you the most joy.

What is your favourite part of economics?

I really like game theory, which I think gives some very interesting insights into individuals behaviour, but my favourite is probably econometrics. I enjoy the process of analysing data and combining that with statistics to make the most accurate predictions about the patterns that exist or a future.

Is there anything you would do differently if you had the chance?

Before I started studying economics I studied in an IT-focused school. Although I find the knowledge that I've learned there useful, I might have chosen to go to a more economics-focused school.

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