Nagase Co., Ltd., which operates Toshin High School and Toshin Satellite Preparatory School, announced that Hirotetsu Endo, who is currently studying abroad at the Faculty of Economics at the University of Cambridge in the UK, using the Toshin Overseas University Study Abroad Support System, became the first Japanese to study at Adam Smith. I was informed that I had received an award.
The Adam Smith Prize is awarded at the Faculty of Economics at the University of Cambridge, based on the overall score of Part IIB of the Economics Tripos (end-of-year exam in the third year, equivalent to the graduation exam as British universities have a three-year system) and the graduation thesis. This prestigious award is given to the student who ranks first out of 3 students.The winners include John Maynard Keynes, the founder of Keynesian economics (awarded in 3), Amartya Sen (awarded in 1), the first Asian to win the Nobel Prize in economics, and Manmohan, former Prime Minister of India. The list includes many distinguished award winners, including Shin (awarded in 160).
Endo's graduation thesis, which won the Adam Smith Prize, was ``How to improve the trade-off between the number of infected people and economic loss during a pandemic.''Using a model in which the number of infected people and the level of economic activity are determined by individuals' rational decision-making, we theoretically investigate the effects of people's altruism, government public relations, uncertainty in government policies, etc. on the above trade-off. did.
Regarding the award and future goals, Mr. Endo said, ``I am honored to receive such a prestigious award.My interest is macroeconomic analysis using dynamic general equilibrium models.Models closely related to reality. Through research and analysis, I would like to improve the welfare of society and contribute to the stability of Japan and the world economy.It is true that it is difficult to immediately apply abstract economic theories to the real economy, but later on I aim to conduct research that can provide thinking frameworks and ideas that people can refer to when thinking about the future.Thanks to Toshin's overseas university study support system, I am able to concentrate on my studies even in a situation of high inflation and a weak yen. I am grateful for the environment in which I am able to live, and I will do my best to make the most of this blessed environment."
The Toshin Overseas University Study Abroad Support System supports high school students from all over Japan who are candidates for future leaders to attend overseas universities where the world's top brains gather.Up to 10 students from each grade will be selected from Harvard University, Princeton University, Yale University, Stanford University, Massachusetts Institute of Technology, California Institute of Technology, Cambridge University, and Oxford University based on their performance in the national standardized high school test finals and personality evaluation interviews. Assist. The 2024 support candidates have been selected as two first-year high school students, one second-year student, and one third-year student.
支援額は米国の大学は1人あたり総額38万ドル（年間9.5万ドル4年間、約5,700万円）を給付、英国は1人あたり総額26万ポンド（年間6.5万ポンド4年間、約4,700万円）を給付する。いずれも返済不要。
*Calculated using the exchange rate as of September 2023, 9
