Friday, March 20, 2020

How to Write a Resume with No Job Experience

How to Write a Resume with No Job Experience Very often university graduates are afraid to apply for a job, even if they have enough theoretical knowledge in the field. The reason is that they lack work experience and think theyre not good enough for the position. Graduate students are not sure what to write in their resume, because its the first time theyre applying for a job! Therefore, some of them might need help from professional writers, others would just need to read several guides on top resources about resume writing. So what should you include in your resume if you dont have any real work experience? Here are some tips that will help you out! Academic Strengths, Achievements and Skills Write more about your education. Let the potential employer know more about the courses you took and your highest achievements on some of them. And whats more important – describe the skills youve gained at school that will be helpful in your future work. It would be better to tell more about real-life situations, when you actually applied those skills. Attach your GPA, if its high. Add the topic of your thesis – your employer would want to know. Include information about internships, summer jobs and other activities. Include all your internships and part-time jobs. Even if you worked for free, such jobs still count! Describe your main responsibilities and tasks. It would be great if you could write more about new practical knowledge you got when doing these jobs. If you worked as a volunteer – include this information as well. It will show your personal attributes better. Recommendations If you had a part-time job or did an internship, ask your employer to write you a letter of recommendation. It will be great to include some examples, when you showed excellent communication skills or leadership. Also you can ask your professor to give feedback on your studies. Professors recommendations can prove you were a hardworking student, who was eager to learn new things. Such people are great for the job! Be Specific It would be much better to write a different resume for each job opening. You can include only relevant information and needed skills for the specific job.In the title mention the position you are applying to. Your resume shouldnt be too general. You cant possibly apply to 100 jobs with the same resume, it wouldnt be impressive at all. Courses, Online Specializations and Languages Do not forget to mention your foreign language proficiency. It will make your resume look much better. Even if youre not an expert in the language and know only the basics, mention it. Also, if you have any certificates from the courses you took – include the information about them as well. Mention new skills youve got and how useful they are for the position. Write about online courses and specializations (for example Coursera) you took. Since youre writing a resume for a specific job, include only those courses which will be great for it. Personal Traits Dont include this section in your resume or make it as short as you can. No one will spend some time on reading the essay, where you describe your character. You can use a cover letter to tell more about yourself. In your cover letter you can describe the qualities you think are the most important for the employer. Are you an honest and reliable person? Or maybe you can communicate with people very well? Or youre great at time-management and can do a lot of tasks at the same time? Be specific. Layout Make sure it is not too long. HR specialists dont spend a lot of time on a resume. They see hundreds of them all the time. One page would be great. Describe only the relevant information, that will be interesting for the employer. Dont write too many general paragraphs just to compensate the lack of work experience. You need to keep everything short, so the HR could see only key info. Dont send your resume in rare formats. It would be better to use .doc or .pdf. Now you know how to write a good resume without any work experience! We would also recommend you to read our blog post on basic resume rules and step-by-step guide on writing a resume one need to follow to create a great resume. If you are a graduate student without any experience, you still can impress your potential employer. Be creative and let them see how awesome you are!

Wednesday, March 4, 2020

The Short Run vs. the Long Run in Microeconomics

The Short Run vs. the Long Run in Microeconomics Many an economics student has pondered the difference between the long run and the short run in economics. They wonder, Just how long is the long run and how short is the short run? Not only is this a great question, but its an important one. Heres a look at the difference between the long run and the short run in microeconomics. Short Run vs. Long Run In the study of economics, the long run and the short run dont refer to a specific period of time, such as five years versus three months. Rather, they are conceptual time periods, the primary difference being the flexibility and options decision-makers have in a given scenario. In the second edition of Essential Foundations of Economics, American economists Michael Parkin and Robin Bade  give an excellent explanation of the distinction between the two within the branch of microeconomics: The short run  is a period of time in which the quantity of at least one input is fixed and the quantities of the other inputs can be varied. The long run is a period of time in which the quantities of all inputs can be varied. There is no fixed time that can be marked on the calendar to separate the short run from the long run. The short run and long run distinction varies from one industry to another. In short, the long run and the short run in microeconomics are entirely dependent on the number of variable and/or fixed inputs that affect the production output. Example of Short Run vs. Long Run Consider the example of a hockey stick manufacturer. A company in that industry will need the following to manufacture its sticks: Raw materials such as lumberLaborMachineryA factory Variable Inputs and Fixed Inputs Suppose the demand for hockey sticks has greatly increased, prompting the company to produce more sticks. It should be able to order more raw materials with little delay, so consider raw materials to be a variable input. Additional labor will be needed, but that could come from an extra shift and overtime, so this is also a variable input. Equipment, on the other hand, might not be a variable input. It might be time-consuming to add equipment. Whether new equipment will be considered a variable input will  depend  on how long it would take to buy and install the equipment and to train workers to use it. Adding an extra factory, on the other hand, is certainly not something that could be done in a short period of time, so this would be the fixed input. Using the definitions at the beginning of the article, the short run is the period in which a company can increase production by adding more raw materials and more labor but not another factory. Conversely, the long run is the period in which all inputs are variable, including factory space, meaning that there are no fixed factors or constraints preventing an increase in production output. Implications of Short Run vs. Long Run In the hockey stick company example, the increase in demand for hockey sticks will have different implications in the short run and the long run at the industry level. In the short run, each firm in the industry will increase its labor supply and raw materials to meet the added demand for hockey sticks. At first, only existing firms will be likely to capitalize on the increased demand, as they will be the only  businesses that have access to the four inputs needed to make the sticks. In the long run, however, the factory input is variable, which means that existing firms are not constrained and can change the size and number of factories they own while new firms can build or buy factories to produce hockey sticks. In the long run, new firms will likely enter the hockey stick market to meet the increased demand. Short Run vs. Long Run in Macroeconomics One of the reasons the concepts of the short run and the long run in economics are so important is that their meanings vary depending on the context in which they are used. which also is true in macroeconomics.