A lot of football leagues and competitions have reached their end of the season and the champions were honoured. Their fans have celebrated immensely and gazed upon those shiny trophies. Besides honour and gratitude, a championship brings financial rewards on multiple levels. Do you know for example how much the UEFA spends annually on prize money in both the Europa and the Champions League? Or how much the revenue streams are in the Eredivisie and the Premier League? Let’s find out!
Russia. An intriguing country that has a long history and is a major player in international affairs. You might have heard of it. You might have noticed it on a world map (it is pretty big). And you might have already formed an idea, image or opinion about the Russian Federation. Which is not that hard, since it is just around the corner from Europe and provides plenty of news items for discussion. But what do we actually know about its culture besides communism, vodka, Putin, Moscow, and Matryoshka dolls? And how can this affect its economic situation?
Elections across the border or overseas, it seems to be a main topic for discussion. Applying economics to these political contests might then be an unusual approach. Though behavioural economics can help us a lot in explaining why people choose what they choose. The psychology behind our unconscious decision-making can be unravelled and rationalized with certain concepts. Our unconscious works quickly too. In how many seconds do you think you can guess the winner of elections?
For all the people that have been on Exchange, for those that currently are, and for those that have an exchange in the near future, the topic of grade conversion between both relevant universities is one worthy for discussion. And one that I have previously had myself too. A predetermined conversion scale set by the home university that heavily affects how your efforts and results abroad are translated back home. This translation or conversion can either work out well for your GPA, or simply underestimate your results. But fact remains that such a conversion scale is not easy to determine. Information is needed. And to retrieve information about this question requires quite some effort, especially if you have lots of partner universities from different countries with different grading systems.