Professional Development Grant for URM

Pearson Education is proud to partner with The American Economic Association (AEA) to advance the career and professional development of Underrepresented Minorities (URM) in the field of Economics. As part of this partnership, Pearson Education will fund a $2,000 grant to the winner of an essay competition detailing their research and how it relates to Economics education.

The award will be open to junior economics faculty members from groups traditionally underrepresented in the economics profession. Underrepresented Minorities include persons who identify as American Indian, Alaskan Native, Black (not of Hispanic origin), Hispanic (including persons of Mexican, Puerto Rican, Cuban, and Central or South American origin) or, Pacific Islander.  

Criteria

The junior faculty member should submit a summary of their research work along with a copy of their CV, limited to 2 pages. The written summary should be 1,000 words or less. All applications will be sent to the Committee on the Status of Minority Groups in the Economics Profession (CSMGEP).

The written summary should detail how their research relates to one of the principles topics listed below:

  • Introductory Concepts (scarcity, opportunity cost, comparative advantage, and economic models)
  • Supply Demand and Market Equilibrium (applications of supply/demand model)
  • Market Efficiency and Surplus; Market Failure and Public Goods
  • Factors of Production, Labor, Technology and Costs
  • Market Structure (pricing, advertising, and game theory)
  • Macroeconomic Variables and Policy Goals
  • Growth, Development, and Financial Markets (long run)
  • Monetary Policy (short-run fluctuations)
  • Fiscal Policy (short-run fluctuations)
  • International Economics (trade and finance)

Application Process and Deadlines

Applications meeting the criteria listed above should be submitted to info@csmgep.org with the subject line: "Professional Development Grant for URM." by the end of the second week of October.  CSMGEP will be fully responsible for reviewing all applications and select the winner. The winner will be announced at the January ASSA Conference. In conjunction with AEA, Pearson will announce the grant recipient and their work through its website and social media.

The winning essay may be used to highlight the young economist in future Pearson textbooks and or online resources. After the award is announced, all participants are encouraged to contact Pearson about how their research can be used to produce more diverse and inclusive content, but such communications will have no impact on the grant award.

Notification

Winner will be notified in December. 

Q&A

  1. After writing the summary are the winners obligated to do anything else for Pearson?
    • No, the award winner is not obligated to do anything more, but Pearson would like to use this opportunity to broaden its contributor network and build a more diverse talent pool. As such, grant applicants may be approached by Pearson to have their research highlighted in future digital product updates.
  2. Can a winner apply again the next year?
    • Yes, winners can apply again the next year using different research.