dartmouth econ brochure

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DARTMOUTH COLLEGE

2011-2012

ECONOMICS DEPARTMENT

301 Rockefel ler Hal l , Hanover, NH, 03755, USA

603-646-2538

[email protected]


http://slidepdf.com/reader/full/dartmouth-econ-brochure 2/34Dartmouth College Economics Department


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WHY ECONOMICS?

Many Dartmouth students

choose to major in Econom-

ics because they are interest-

ed in business and in going

on to a career in investment

banking or consulting. While

it is true that an Economicsmajor can prove to be lucra-

tive in the world of work, it is

really worth much more than

monetary rewards. Students

who take courses offered by

Dartmouth’s Economics De-

partment will be introducedto a unique way of asking

questions and looking at

problems that will be of life-

time value. Thus, Econom-

ics is really about learning a

way of thinking and analyz-

ing problems in the best tra-dition of the liberal arts.

The overall curriculum inthe Dartmouth EconomicsDepartment is designed tohelp students analyze important social problems ocurrent interest. The worldis constantly confronted

with important public policy issues that are essentially economic in character. Economic analysisprovides a coherent andprincipled framework for examining these issues andunderstanding the tradeoffs

involved in attempting tosolve important social problems. Individuals who arenot familiar with economics are at a serious disadvantage in the public debateover questions concerningunemployment and infla

tion, government spendingand social insurance, international trade policy, corporate governance and regulation, the stock marketand a host of other issues



Vox clamantis in deserto

As the field of economicshas changed, the Dartmouthcurriculum has changed ac-cordingly. Quantitative skil lsare increasingly used in the

analysis and understandingof basic economic phenom-ena. Our curriculum aimsto teach students quantita-tive analysis skills that willbe useful in many contexts.Undergraduates are ex-posed to an up-to-date ar-ray of course offerings thatare intellectually challeng-ing and enhance students’chances for success notonly in professional work ineconomics, but also in busi-ness, law and public policyand at graduate and profes-sional schools.

In addition to the standardmajor, the economics minoand the modified major areintended to fit the needs ostudents who have an inter

est in economics but are primarily interested in anothediscipline or, in the case oa modified major, wish tostudy some specific problem or topic that falls partlyin the field of economics andpartly in a related field.


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INFORMATION FOR STUDENTS COSIDERING ECONOMICS

I f you are considering Economics as a major

or minor, this document contains information

that will assist you in the process of mapping

out your plan. It is intended to provide a brief answer to many of the questions you might

have. However, there is no substitute for

carefully reading both the Economics section

in the College Bulletin on Organization,

Regulations and Courses (ORC) and the

general sections on choosing a major.

FILING MAJOR CARDS

S tudents typically file a major card during

their sophomore year.

Submitting your Economics major card

with the Registrar’s Office is the only way

you will have priority when signing up for

Economic classes.

The plan of study listed on your major card is

not set in stone, but it is important to put some

thought into your major card so that it repre-sents your best guess of the courses you ac-

tually plan to take. You will want to pay par-

ticular attention to the prerequisites for each

course and to the term in which courses are

expected to be offered in order to ensure that

you are eligible to take your desired classes

in the desired terms.

It is important to realize that filing a ma-

jor card does not guarantee you a place in

your desired course in the desired term.

You must register on time, and may still be

placed on a wait list (see Wait List on page

3). Since course schedules and interests may

change, major cards can be re-filed if the plan

of study changes, but it is important that you

always have a plan in mind that will fulfill all

of the requirements of the major. Note that if

you intend to pursue Honors in the Econo

ics Department, you still need to file a ma

card that meets the requirements for a sta

dard major, since participation in Honors

not automatic.

To file a major card in Economics, you m

do the following:

(1) Obtain blank major cards from t

Economics office or Registrar’s office;

(2) Carefully read the section on Econom

Major Requirements in the College Bulle

on Organization, Regulations and Cours(ORC);

(3) See a regular faculty department memb

(that is, not a lecturer or a visiting profess

during office hours to verify that the propos

plan meets the requirements;

(4) Fill out three major cards with yo

approved plan in ink. Do not neglect to fil

the prerequisite section appropriately, be

sure to note any substitutions (such as Ma8 for Math 3, etc.);

(5) Submit these three copies to a facu

department member (not a lecturer or

visitor) for signature;

(6) File one card with the Economics off

(room 311), one card with the Registra

office and keep one for your records.

Double Major: In addition to filing a standa

major card, double majors are required

file a separate signed form available fr

the registrar’s office or the economics offi

listing the courses for both majors.



WHAT THE MAJOR IN ECONOMICS

IS LIKE

Prerequisites: Economics 1 and 10, with

an average grade no lower than C, and

Mathematics 3. (A student who fails to

achieve the minimum grade average for theprerequisites may, with the permission of the

Vice Chair, substitute grades in Economics

21 and 20 for those in Economics 1 and 10,

respectively. Another statistics course may be

substituted for Economics 10 with permission

of the Vice Chair.)

These prerequisite courses introduce

students to the economic way of thinking. “ThePrice System,” Economics 1, is an in-depth

introduction to microeconomics, studying

supply and demand in both product and factor

markets. Economics 10, “Introduction to

Statistical Methods,” introduces the student to

the basic concepts and methods of statistics.

Math 3, “Introduction to Calculus,” introduces

the basic ideas of differential and integral

calculus. The emphasis in the prerequisites

is on fundamental ideas and problem solving.

Economics 10 and Math 3 are included in this

classification because of the importance of

quantitative skills in analyzing basic economic

phenomena.

Requirements: Nine courses in addition to

the prerequisites, with a GPA for these nine

courses of no less than 2.0. The nine courses

must include the following:

1. Economics 20, 21 and 22.

2. Any two of the following sequences (de-

pending on the sequences chosen, one or

two additional courses may be needed):

24-44 or 24-27-44 or 24-39-44; 25-45 or 25-

75 or 25-75-45 (35 can be substituted for 75);

26-36 or 26-36-46; 27-47 or 24-27 or 24-27-

47; 28-38 or 28-48 or 28-38-48

(72 or 75 can be substituted for 38); 29-39

29-39-49; 80-81 or 80-82 or 81-82 or 80-8

82. At least one of the sequences mu

include a 40-level or 80-level course which a major paper is required. This

quirement will serve as the culminating exp

rience in the major. With the permission

the Vice Chair, a student may substitute oth

courses to fulfill these requirements.

The first requirement insures that majo

are proficient in each of the three co

areas of economics – microeconomimacroeconomics and econometri

Economics 20, “Econometrics,” studies t

statistical analysis of economic data a

provides an overview of how to carry o

and interpret empirical research, prepar

students for the culminating experience

the major. Economics 21, “Microeconomic

covers many of the same topics as Econom

1 at a more advanced level through the use

calculus. Economics 22, “Macroeconomichelps to develop an advanced understand

of the aggregate economy.

The second requirement insures th

majors are proficient in at least two fie

of concentration and have completed

culminating experience in one field. The

fields, represented by the sequences abov

can generally be thought of as DevelopmeEconomics (the “4s”) Industrial Organizat

(the “5s”), Money and Finance (the “6s”), Lab

(the “7s”), Public (the “8s”), International (“t

9s”) and Advanced Theory (“the 80s”). T

culminating experience is a senior semin

in which students read and discuss t

important literature in the field and produ

a major paper of their own, which is typica

empirical.



WAITING LISTS

While the department continues to work

with the administration to expand its course

offerings, in any given term some students

will find that they do not get into their desired

course. This is especially true for individualswho have not yet filed an Economics major

card and for those who did not complete the

course selection process on time. Thus, the

first piece of advice is to always sign up for

classes before the registrar’s deadline. Sec-

ond, as soon as you know you would like to be

an Economics major, file a signed major card

with the registrar’s office. Even with these

precautions, you may find yourself bumped

by the registrar from an Economics class that

you registered for. The first thing to realizeis that you may not need to take that exact

course in that exact term. Go ahead and

fulfill a distributive this term, and try for that

Econ class next term. If you are determined

to try and get in this term, though, there are

several steps you must take.

F irst, as soon as you discover you have

not gotten into your desired course, come

to the Economics Department office in 311

Rocky and fill out a Wait List Form. Do not

contact the professor of the course. The De-

partment Administrator is in charge of all wait

list issues and will contact you about your

status on the wait list.

Second, when the term starts, be sure to

attend the first class meeting of your desired

course. Your attendance will both ensure

that you are not behind if you get off the wait

list, and it will help gauge whether there will

be room in the classroom for wait-listed stu-

dents. That is, if registered students who are

planning to drop do not attend classes and

those hoping to add do, the classroom will be

at normal capacity and things will look good

for moving off the wait list. If the classroom

is overflowing, odds are not so good. Thu

it is important to continue to attend your

ternate course while the wait list situation

sorted out. Typically, by the end of the fi

full week of classes (i.e. after 3 class me

ings), you will either have been added to t

course or informed that no more students w

be added from the wait list. Finally, if y

got into the course of your choice, but wouprefer to be in a different section, you shou

follow the same steps. Essentially, you a

putting yourself on the wait list for the d

sired section.

RECEIVING HONORS IN ECONOMICS

To be eligible for honors, a student mu

take one additional major class(e.g. 10 vers

9 for the regular major), have a grade po

average of at least 3.3 in these courses, a

an overall grade point average of at least 3

The most common way to receive hono

is through outstanding performance in t

culminating experience. Those studenwhose research papers for the course a

deemed of exceptional merit by the instruc

shall be granted honors in economic

although no more than two students p

section may be granted honors in this w

without a vote of the department. Studen

who achieve honors by this method mu

still complete ten major courses (beyo

prerequisites) to receive honors.

S tudents may subsequently enroll

Economics 87 and extend their resear

from the culminating experience in order

be eligible for high honors. Failure to enrol

or to complete Economics 87 will not forf

the original honors designation unless t

course is necessary to obtain a count of t

major courses.



Additionally, the instructor may designate

a paper from the culminating experience as

worthy of extending in Economics 87, even

if it does not receive the immediate honors

designation. Students enrolled in Economics

87 in this manner may receive either honors

or high honors.

Another method of obtaining honors is to

complete the Economics 80-81-82 sequence

with an average of B+, again with a total of at

least ten courses in the major. The instructors

of this sequence may recommend that

students who have done outstanding work in

these courses be granted, by a vote of the

department, high honors. This is the only way

by which high honors can be achieved withoutcompleting Economics 87.

The final, least common, method of

obtaining honors is to begin background work

in Economics 85 and complete the thesis in

Economics 87. Students must have already

taken all offered classes in the desired

field of study before beginning independent

study in Economics 85. Prior to enrolling inEconomics 85 or 87, the student must have

the written approval of the Vice Chair and a

faculty member in the Economics Department

who is willing to act as an adviser.

THE MINOR IN ECONOMICS

The minor in economics has the sameprerequisites and similar requirements as the

major, except there is no need for a secondary

sequence. Thus, only six courses are

required, including a culminating experience.

The minor is designed for a student with

another major, who has a serious interest in

economics, but does not wish to be a double

major.

MODIFYING YOUR MAJOR

The modified major in economics is identi

to the minor, except that it also requires fo

major-level courses in another departme

or program. It is intended to fit the nee

of students who have a definite interesteconomics but are interested also in study

some specific problem or topic that fa

partly in the field of economics and partly i

related field. The ten courses that make up t

modified major must form a unified, coher

whole, and not consist of a series of unrelat

courses. A student planning a modif

major must prepare a written statement

the registrar explaining the rationale for t

planned courses. Each student’s major ca

and justification must be approved by tVice Chair and the department’s Cirricul

Committee. If all of the four additional cours

are in one department (e.g. mathematics), a

this department allows it, a second signatu

on the major card will result in the major

Economics modified with Mathematics.

the four additional courses are in multi

departments, or one department that do

not allow modifications (e.g. Governmen

there is no need for a second signature athe major is just Economics modified.

I t is also possible to do another departme

major modified with Economics. Such

major is appropriate when the primary ar

of interest is not economics, but the spec

topic of interest will benefit from relat

economics courses. Such a major has t

same prerequisites as the regular Econommajor. The four additional courses

economics must either: contain both

and 22, or contain a major sequence of

least 2 courses and one of either 21 or 2

As above, the ten total classes must form

unified, coherent whole, and not consist o

series of unrelated courses.



TRANSFER CREDIT IN ECONOMICS

Transfer credit in Economics is frequently

granted for courses taken at other select U.S.

four-year colleges and universities, as well as

certain foreign study programs in accordance

with the guidelines laid out in the ORC. Four steps are involved in obtaining approval for

transfer credits:

(1) Get the forms for transfer credit

approval from the registrar’s office.

(2) Fill out the forms with the courses you

intend to transfer and obtain documentation

on course content from the student course

guide at the institution you will visit – or

even better, obtain a sample syllabus.

(3) Bring the completed transfer credit

approval forms and the course content

documentation to the Vice Chair for

formal approval during office hours.

(4) Return the signed forms to the registrar.

All steps should be completed before the

transfer term.

Normally, no more than three courses

transferred for Dartmouth credit from other

institutions will be credited toward fulfillment

of a regular or modified major in economics.

However, students are strongly discouraged

from taking more than two courses toward

the Economics major at another institution.

Students are also discouraged from

transferring the equivalents of Economics 20,

21 and any prerequisites for the culminating

experience. Finally it is not possible to satisfy

the culminating experience requirement

through transfer credit for a 40-level or an

80-level course.

PREPARING FOR GRADUATE STUDY

The Economics major is flexible enou

to prepare students for both the job mar

and graduate school. However, stude

considering going on to graduate study

Economics will find the advanced theoclasses offered in the department (the 80-le

courses) to be especially useful. Additiona

as Economics is an increasingly quantitat

field, additional mathematical preparat

vital. The following courses in the Ma

department should be considered necessa

for a successful Economics graduate scho

experience:

Mathematics 8: Calculus of Functions of O

and Several Variables

Mathematics 13: Calculus of Vector-Valu

Functions

Mathematics 22: Linear Algebra with Applic

tions

Mathematics 35: Real Analysis

You may also find the following

courses helpful:

Mathematics 20: Discrete Probability

Mathematics 23: Differential Equations



PRIZES

THE LEWIS H. HANEY PRIZE

A Prize establ ished in 1976 through a gift

Lewis H. Haney, 1903, is awarded to the s

dent who, in the judgment of the voting me

bers of the Economics department, has wten the best honors thesis. The award ne

not be made each year.

THE NELSON A. ROCKEFELLER PRIZE

IN ECONOMICS

The Nelson A. Rockefeller Prize in Econo

ics is awarded annually for the best ov

all performance in the economics major

a graduating senior as determined by tfaculty of the department.

THE ECONOMICS COMMENDATION

AWARD

This award is given to students who gradu

with a 4.0 GPA in the economics major.

FOREIGN STUDY PROGRAMS

The department does not offer an FSP,

but there are several opportunities to study

overseas. First, we participate in a small

exchange program with Bocconi University

in Milan, Italy. They teach a range of Economics classes in English, and each year

a few students are chosen to take part in

the exchange program. Second, each term

several Economics majors are chosen by

the Rockefeller Center to take part in their

exchange program with Keble College at

Oxford University in England. Both of these

exchange programs are administered by the

Dartmouth Office of Off-Campus Programs.

S ince these official exchange programs

are relatively small, you may also want to

investigate treating a term abroad as a simple

transfer term. As noted above, it is possible

to obtain transfer credit in Economics. In

fact, courses from both the Bocconi and

Oxford programs are treated as such. Thus,

you may want to explore a web site such as

www.studyabroad.com and set up your own

term of study abroad. Just be sure to follow

the basic rules for transferring credit from a

non-Dartmouth institution.



Economics 01:

The Price System: Analysis, Problems, and

Policies

Emphasis will be placed on problems and policies

of current interest as they relate to resource

use and the distribution of income and output.Students will receive an introduction to the theory

of supply and demand in both product and factor

markets in order to examine selected topics drawn

from such areas as industrial organization and

antitrust policy, labor economics, international

trade, economic development, agriculture, urban

problems, poverty and discrimination, public sector

economics, and environmental problems.

Dist: SOC.

Economics 02:

Economic Principles and Policies

This is a general survey course for students who

have had no previous college-level economics

and who do not plan to take further economics

courses. It is divided between microeconomic

concepts — supply and demand, labor and capital

markets, tax incidence, comparative advantage,

international trade, and benet-cost analysis —

and macroeconomic issues, such as economicgrowth, unemployment, ination, national income

and product accounting, the banking system, and

monetary and scal policy. Applications to current

policy issues will be emphasized throughout.

Economics 2 may be taken under the Non-

Recording Option (NRO). It does not count towards

the major or minor. The course has “negative”

prerequisites: Students who have previously

taken Economics 1 or who have been exempted

from Economics 1 at matriculation may not enrollin Economics 2. Completion of Economics 2 does

not, however, preclude subsequent enrollment in

Economics 1.

Dist: SOC.

Economics 10:

Introduction to Statistical Methods

This course introduces the student to the ba

concepts and methods of statistics. It cov

descriptive statistics and inference (estimat

and hypothesis testing) for a single variable afor two variables. The probability theory requi

for these topics will be developed.

Prerequisite: Economics 1 and Mathematics

or permission of the instructor. Economics

is a prerequisite to the major in Economi

This course should be taken early in t

student’s major program. Because of t

overlap in material covered, a student w

not receive credit for more than one

these courses; Economics 10, Governme10, Mathematics 10, Psychology 10, Soc

Sciences 15, or Sociology 10 except

special petition.

Dist: QDS.

Economics 20:

Econometrics

Econometrics is the statistical analysis

economic data. This course focuses on regress

analysis (specication, estimation, and hypothe

testing) and problems and pitfalls in its applicat

in economics. The course involves extens

use of the statistical program STATA and

enable students to implement their own empiri

research projects in preparation for the culminat

experience in the economics major.

Prerequisites: Economics 10 and Mathemat

3.

Dist: QDS.

COURSE DESCRIPTIONS



Economics 21:

Microeconomics

This course is a study of the pricing and allocation

process in the private economy. Topics include

the theories of demand and production, and

the determination of prices and quantitiesfor commodities and factors of production

in competitive and noncompetitive markets.

Applications of the theory and its implications for

empirical analysis are also considered.

Prerequisites: Economics 1 and Math 3.

Dist: SOC.

Economics 22:

Macroeconomics

This course is concerned with the behavior of

the economy as a whole, particularly uctuations

in economic activity. General equilibrium models

are developed to analyze the determinants of

GNP, unemployment, the rate of ination, and the

growth of output. The micro foundations of macro

aggregates are developed, with special emphasis

on the role of expectations. The analytic tools are

used to evaluate monetary and scal policies and to

understand current macroeconomic controversies.

Prerequisites: Economics 1 and Math 3.Dist: SOC.

Economics 24:

Development Economics

This course uses economic analysis to understa

contemporary issues in low-income countries. W

consider why extreme poverty and hunger, ch

mortality, low-levels of education, gender inequaenvironmental degradation, high fertility, and ch

labor are pervasive in the developing world. W

also examine the economic consequences

globalization and infectious diseases such

malaria and HIV/AIDS. For each topic, we seek

understand the factors and constraints inuenc

decision-making in developing countries. We u

this understanding to discuss the role of marke

civil organizations, government policy, a

international institutions.Prerequisites: Economics 1 and 10 or equivale

Dist: SOC. or INT; WCULT: NW.

Economics 25:

Competition and Stategy

This course examines the strategies t

businesses use in choosing prices, advertisi

research and development, and mergers

maximize their prots. The course studies h

business strategy is constrained by marcompetition and antitrust policy (governm

policy toward monopoly, collusion, and merge

The analysis is conducted using game theo

empirical methods, and ex-perimental methods

Prerequisite: Economics 1 and Math

or permission of the instructor.

Dist: SOC.

COURSE DESCRIPTIONS



Economics 26:

The Economics of Financial Intermediaries

and Markets

This course examines the nature and function

of nancial intermediaries (e.g., banks, mutual

funds, and insurance companies) and of securitiesmarkets (e.g., the money and capital markets and

the market for derivatives). It analyzes liquidity

and risk management and studies the efciency,

stability, and regulation of the nancial system.

Prerequisite: Economics 1.

Dist: SOC.

Economics 27:

Labor Economics

This course studies the economic behavior of

employers and employees as they interact in the

labor market. The class will move beyond the

basics of labor supply and demand to cover such

topics as human capital investment, the structure

and determinants of nancial compensation and

benets packages, contract negotiations and

arbitration. Additionally, since many of the pressing

problems facing the United States are labor market

issues, this course will provide a basis for better

understanding of nationally-debated issues suchas reforms of the welfare system, the income tax

system, immigration policy, and afrmative action

programs.


Dist: SOC.

Economics 28:

Public Economics

This course consists of the study of the pu

economy of the United States at the nation

state, and local levels. The course is divided i

the microeconomic topics of resource allocatand income distribution. The macroeconom

impact of selected tax and expenditure polic

is also studied. Particular topics may inclu

the rationale for government activity, theories

collective decision-making, cost-benet analys

and the efciency and incidence of various

structures.

Prerequisite: Economics 1 and 21, or permiss

of the instructor.

Dist: SOC.

Economics 29:

International Finance and Open-Econo

my Macroeconomics

This course covers introductory material

the area of international monetary theory a

policy. It examines the behavior of internatio

nancial markets, the balance of payments a

exchange rates, interactions between the balan

of payments, the exchange rate and domeseconomic activity and ways of organizing

international monetary system.

Prerequisite: Economics 22, or permission

the instructor.

Dist: SOC. or INT.

COURSE DESCRIPTIONS



Economics 35:

Games and Economic Behavior

Game theory is the study of strategic behavior in

situations in which the decision makers are aware

of the interdependence of their actions. This

course introduces the basic notions of game theorywith an emphasis on economic applications. The

topics covered are static and dynamic games with

complete information; static and dynamic games

with incomplete information; and the renements

of equilibrium concepts. The main applications

will be in industrial organization: examples include

competition and cooperation in the Cournot and

Bertrand oligopoly, durable goods monopolist,

entry deterrence, predation, price discrimination,

and commitment. Applications to other elds,

such as job market signaling, efciency wages,

bargaining, provision of public goods, and

monetary policy, will be discussed as well.

Prerequisites: Economics 10, 21 and

Mathematics 3, or permission of the instructor.

Dist: SOC.

Economics 36:

Theory of Finance

This course studies decision making under riskand uncertainty, capital budgeting and investment

decisions, portfolio theory and the valuation of

risky assets, efciency of capital markets, option

pricing, and problems of asymmetric information.

Prerequisites: Economics 10, 21, and 26, or

permission of the instructor.

Dist: SOC.

Economics 38:

Urban and Land Use Economics

This course is about the location of econom

activities. The central focus is on urban areas a

attendant problems in public economics, but so

attention is given to agricultural, natural resourand environmental issues. Topics include hous

markets, transportation, local governm

structure, property taxes, resource depletion, a

zoning and land use controls. Economics 72 m

be substituted for Economics 38 in the Econom

28-38 sequence.


Dist: SOC.

Economics 39:

International Trade

This course deals with the causes a

consequences of international trade and fac

movements. Topics covered include theories

why nations trade, the consequences of trade

economic welfare and the distribution of incom

the determinants of trade patterns, the tariff a

other forms of commercial policy, trade polic

of selected countries, and the formation of

multinational corporation.


Dist: SOC. or INT.

Economics 44:

Topics in Development Economics

This seminar considers microeconomic aspects

the causes and consequences of extreme pove

in the developing world. Recent research on top

such child labor, credit, education, environmen

degradation, fertility, gender discrimination, hea

HIV/AIDs, insurance, malnutrition, social capi

and technology adoption will be considered

depth. Topics vary from year to year. Stude

are required to write a major research paper.

Prerequisites: Econ 20, 21, and 24.

Dist: SOC or INT. WCult: NW.

COURSE DESCRIPTIONS



Economics 45:

Topics in Industrial Organization

This course examines selected topics in business

strategy and public policies designed to facilitate

competition. These topics include market power,

price discrimination, entry, product differentiation,vertical integration, regulation, and anti-trust.

Students will discuss a broad range of papers on

empirical industrial organization, apply concepts

in a competitive strategy game, and write a major

paper.

Prerequisites: Economics 20, 21 and 25.

Dist: SOC.

Economics 46:

Topics in Money and Finance

A seminar course covering in depth such selected

topics as the following: the theory of nancial

institutions; banking panics; the excess variability

of asset prices; nance constraints and capital

market imperfections; the theory of monetary

policy; ination and nancial markets; debt and

decits. Will require writing a major paper.

Prerequisites: Economics 20, 22, and 36.

Dist: SOC.

Economics 47:

Topics in Labor Economics

This seminar provides an in-depth examination

of selected topics in labor economics, with an

emphasis on recent empirical studies. Topics will

vary from year to year. In past years topics have

included aspects of human capital investments;

differential effects on earnings of not only race

and gender, but also such things as height and

beauty; earnings determinants, including studies

of CEO compensation, the use of tournaments as

a pay scheme and compensating differentials; real

effects of union conict and workplace cooperation;

and historical changes in skill-levels and earnings

in the nance industry; and other topics related to

labor market policies and wage determination. Will

require writing a major paper.

Prerequisites: Economics 20 and 27.

Dist: SOC.

Economics 48:

Topics in Public Economics

This seminar provides an in-depth examinationselected topics in public economics. Topics v

from year to year, but many include the analyses

the economic effects of social insurance program

such as Social Security, Medicare, Medicaid, a

other public assistance; the economics of hea

and aging; the effects of taxation on househ

and corporate nancial behavior; the effects

taxation on labor supply, saving, and investm

decisions; the economics of public goods a

externalities; optimal taxation; and, theories

government structure and decision making at federal, state, and local levels. Will require writ

a major paper.

Prerequisites: Economics 20, 21 and 28.

Dist: SOC.

Economics 49:

Topics in International Economics

This seminar will cover selected topics

international trade and nance beyond thocovered in Economics 29 and 39. Offerings in

next few years are expected to include curr

research on (1) nancial crises in emerg

markets, (2) the role of trade, open capital marke

and nancial development on growth in develop

countries, (3) the determinants and consequenc

of foreign direct investment, (4) the impact of

multilateral trade agreements on world trade, a

(5) issues related to globalization. Will requ

writing a major paper.

Prerequisites: Economics 20, 21, 22, 29 and Dist: SOC. or INT.

COURSE DESCRIPTIONS



Economics 70-79

Topics in Economics

From time to time special seminars or experimental

courses will be offered in the 70-79 series. Examples

of titles of courses that might be offered are:

Economic History of the United States; Economicsof Education; Mathematical Economics; History

of Economic Thought; Economic Development;

Comparative Economic Systems; The Economics

of Technological Change; Law and Economics;

Economic Regulation and Regulatory Reform.

Economics 72:

Law and Economics

Economic analysis of property and land-use law,including zoning and environmental law. Covers

such topics as the Coase theorem, property rules

versus liability rules, eminent domain, regulatory

takings, the efciency of compensation, and

the comparative advantage of the judiciary over

legislatures. A paper based on case materials is

required. Economics 72 may be substituted for

Economics 38 in the Economics 28-38 sequence.


Dist: SOC.

Economics 75:

Environmental and Energy Economics

This course examines environmental a

energy issues from an economics perspecti

The course begins by discussing fundamen

concepts in environment economics includcost benet analysis and economic valuation

the environment. We also explore issues of po

design from an efciency perspective. The cla

is introduced to issues of energy economi

including oil, natural gas, and electricity marke

renewables policy, transportation policies, a

climate change policies. Finally, the cou

examines environmental issues related to tra

development, public nance, and competit

strategy.

Prerequisites: Economics 1 and Math 3.

Dist: SOC.

Economics 76.

The Financial Crisis of the Noughties

Topics covered will include (but are not limi

to) : recent developments in nancial and equ

markets, labor markets and housing mark

during the nancial crisis; bubbles, black swa

nancial contagion and herds; bank failure, TAR

TALF, TSLF and equivalents. Monetary and s

policy responses including quantitative easing

be examined. Direct comparisons will be dra

with the Great Depression and other nanc

crises.

Prerequisite: Economics 20, 22 and 26.

Dist: INT or SOC.

COURSE DESCRIPTIONS



Economics 80:

Advanced Topics in Econometrics

This course has two goals: (1) To further develop

techniques that test for and remedy common

problems associated with linear and non-linear

regression analysis; (2) to develop a practicalunderstanding of how regression analysis can

be used to examine the empirical relevance of

economic theory.

Prerequisites: Economics 20, 21 and 22 with a

grade of A- or better or permission of instructor.

Dist: SOC.

Economics 81:

Advanced Topics in MicroeconomicsThis is an advanced course on the economics of

information. The focus of the course is a rigorous

mathematical treatment of the value of information,

moral hazard, learning, adverse selection, and

signaling. Applications to labor markets, corporate

governance, nancial markets, and insurance will

be discussed.

Prerequisites: Economics 20, 21 and 22 with

a grade of A- or better or permission of the

instructor.

Dist: SOC.

Economics 82:

Advanced Topics in Macroeconomics

The purpose of this course is to study in depth

selected topics in Macroeconomics. Topics will

include consumption, savings and investment;

dynamic inconsistency and the design of monetary

and scal policies, multiple equilibria, bubbles and

cycles, and economic growth.Prerequisites: Economics 20, 21 and 22 with

a grade of A- or better or permission of the

instructor.

Dist: SOC.

COURSE DESCRIPTIONS

Economics 85:

Independent Study in Economics

This course offers an opportunity for a student to

independent work under the direction of a memb

of the Department. It is required of all majors in

honors program who do not initiate their honwork in their 40-level course; they will be expec

to do the preliminary work on their honors thes

in this course. For students who take this cou

in order to engage in independent study of a to

of interest rather than as a part of honors wo

the prerequisite background will consist of all

regularly offered courses in the chosen eld

study. Such a student will normally be expec

to prepare, prior to the taking of Economics 85

prospectus and a list of readings pertaining to t

study he or she wishes to pursue.

Prerequisite: Permission of the Vice Chair a

of the Department faculty member who will

advising the student.

Economics 87:

Senior Thesis

As explained above under ‘Economics Hon

Program, selected students will be invited to en

in Economics 87 after they have completed th40-level course. Alternatively, a student can initi

honors work in Economics 85 and then enrol

Economics 87 with the approval of the studen

adviser and the Vice Chair. Honors students

normally take Economics 87 in the term follow

their enrollment in Economics 85, or alternative

following their enrollment in a 40-level course

which a thesis has been started.

Prerequisite: Permission of the Vice Ch

permission of the Department faculty mem

who will be advising the student, and, in

case that the research was begun in a 40-le

course, the permission of the faculty mem

who taught the 40-level course in which

thesis topic and the research were develope



F a c u l t y I n f o r m a t i o n

Patricia Anderson - Professor of Economics

RESEARCH INTERESTS: Economics of Obesity, Social Insurance, Labor Market

SELECTED PUBLICATIONS OR RESEARCH PAPERS

“ Is Being in School Better? The Impact of School on Chi ldren’s BMI When Start ing Age is Endogenous” with Krist in Butcher, El izabeth Cascio and Diane Schanzenbach.Journal of Health Economics, forthcoming.

“Maternal Employment” in Handbook of Social Science of Obesity . (2011) John Cawleed. Oxford: Oxford Universi ty Press.

“Adequate (or Adipose?) Yearly Progress: Assessing the Effect of No Chi ld Lef t Behinon Children’s Obesity.” with Krist in Butcher and Diane Schanzenbach. (2011, March).NBER Working Paper #16873.

David G. Blanchflower - Bruce V. Rauner 1978 Professorship

RESEARCH INTERESTS: Wage Determination, Happiness, Self-employment and

Unions


“Youth unemployment in Europe and the United States” with David Bel l . ( forthcomingNordic Economic Pol icy Review .

“Young people and the recession” with David Bel l . ( forthcoming) Oxford Economic Pol icy Review .

“ Internat ional happiness: a new view on the measure of performance” with Andrew

Oswald. (2011, February). The Academy of Management Perspectives , 6-22.

Elizabeth Cascio - Assistant Professor of Economics

RESEARCH INTERESTS: Education, Chi ldren’s Well-Being, Appl ied

Econometr ics.


“Cracks in the Melt ing Pot: Immigrat ion, School Choice, and Segregat ion” with EthanLewis. ( forthcoming). American Economic Journal : Economic Pol icy.

“Paying for Progress: Condit ional Grants and the Desegregat ion of Southern Schoolswith Nora Gordon, Ethan Lewis, and Sarah Reber. (2010, February). The Quarter ly Journal of Economics , 125(1), 445-482.

“Maternal Labor Supply and the Introduct ion of Kindergartens into American Publ icSchools” (2009, Winter) The Journal of Human Resources , 44(1), 140-170.




Taryn Dinkelman - Assistant Professor of Economics

RESEARCH INTERESTS: Development Economics, Labor Econom ics, Appl ied

Micro-Econometr ics

SELECTED PUBLICATIONS OR RESEARCH PAPERS“The ef fects of rural e lectr i f icat ion on employment: New evidence f rom South Afr ica”(forthcoming). American Economic Review .

“ Invest ing in school ing in Chi le” with Claudia Mart ínez-A. ( forthcoming) CEPRDiscussion Paper No. 8375.

“Evidence on the impact of minimum wage laws in an informal sector: Domest ic work-ers in South Africa” with V. Ranchhod. (2011). Research Program in DevelopmentStudies Working Paper No. 271.

Eric V. Edmonds - Associate Professor of Economics

RESEARCH INTERESTS: Child Labor, Education, Development, Demography


“Trade Adjustmen t and Human Capital Investments: Evidence from Indian Tarif f Reform” with N. Pavcnik and P. Topalova. (2010, October ) Amer ican Economic Journal: Appl ied Economics.

Child Labor and the Transit ion between School and Work. (editor with R. Akee and K.Tatsiramos). (2010). Emerald Group Publ ishing.

“Child Labor” (2008). Handbook of Development Economics Volume 4: T.P. Shultz and

J. Strauss, eds.

James D. Feyrer - Associate Professor of Economics

RESEARCH INTERESTS: Economic Growth, Macroeconomics


“Colonia l ism and Modern Income -- Is lands as Natural Experiments,” with Bruce

Sacerdote. (2009, May). Review of Economics and Stat ist ics , 91(2), 245-262.

“The Marginal Product of Capita l , ” with Francesco Casel l i . (2007, May). Quarter ly Journal of Economics , CXXII(2): 535-568.

“Demographics and Product iv i ty,” (2007, February). Review of Economics and Stat ist ics, 89(1): 100-109.




Will iam A. Fischel - Professor of Economics and Robert C. 1925 and Hilda

Hardy Professor of Legal Studies

RESEARCH INTERESTS: Local G overnment, Land Use Controls, Property Tax

SELECTED PUBLICATIONS OR RESEARCH PAPERSMaking the Grade: The Economic Evolution of American School Districts (2009).Chicago: Universi ty of Chicago Press.

The Homevoter Hypothesis: How Home Values Inf luence Local Government Taxation,School Finance, and Land-Use Policies. (2001). Cambridge: Harvard Universi tyPress, Harvard Universi ty Press.

Regulatory Takings: Law, Economics, and Polit ics. (1995) Cambridge: HarvardUniversi ty Press.

Alan L. Gustman - Loren M. Berry Professor of Economics and DepartmentChair

RESEARCH INTERESTS: Retirement, Pensions & Social Securi ty, Labor Market

Pol ic ies.


“Pensions in the Health and Retirement Study ” , with Thomas Steinmeier and NahidTabatabai. (2010). Cambridge: Harvard Universi ty Press.

“Financia l Knowledge And Financia l L i teracy At The Household Level” with ThomasSteinmeier and Nahid Tabatabai. NBER Working Paper 16500. September, 2010.

Forthcoming, American Economic Review Papers and Proceedings , May 2012.

“What the Stock Market Decl ine Means for the Financia l Securi ty and Ret irementChoices of the Near-Ret irement Populat ion” with Thomas Steinmeier and NahidTabatabai. (2010, Winter). Journal of Economic Perspectives, 24(1), 161-182.

Douglas A. I rwin - Robert E. Maxwell ‘23 Professor of Arts and Sciences and

Professor of Economics

RESEARCH INTERESTS: Trade and Commercial Pol icy


Trade Policy Disaster: Lessons from the 1930s. Cambridge: MIT Press, 2012.

Peddling Protectionism: Smoot-Hawley and the Great Depression . Pr inceton:Princeton Universi ty Press, 2011.

“The Sl ide to Protect ionism in the Great Depression: Who Succumbed and Why?” (wBarry Eichengreen), Journal of Economic History 70 (December 2010): 872-898.




17 www.dartmouth.edu/~economic

Robert C. Johnson - Assistant Professor of Economics

RESEARCH INTERESTS: International Trade, International Macroeconomics,

Economic Growth

SELECTED PUBLICATIONS OR RESEARCH PAPERS“Vert ical Linkages and the Collapse of Global Trade” with Rudolfs Bems and Kei-Mu Y(2011, May) American Economic Review Papers and Proceedings, 101 (2)

“Demand Spi l lovers and the Col lapse of Trade in the Global Recession” with RudolfsBems and Kei-Mu Yi. (2010, December). IMF Economic Review , 58 (2).

“Accounting for Intermediates: Production Sharing and Trade in Value Added” withGui l lermo Noguera. (Revised: May 2011)

Meir Kohn - Professor of Economics

RESEARCH INTERESTS: Financial Systems, Financi al and Economic History,

Economics of Inst i tut ions


How and Why Economies Develop and Grow: Lessons from Preindustrial Europe and China (book manuscript , draf t chapters downloadable f rom http: / /www.dartmouth.edu/~mkohn/)

“Value and Exchange” (2004 Fall) Cato Journal , 24(3) , 303-339.

“Monetary Analysis, the Equi l ibr ium Method, and Keynes’s ‘General Theory’” (1986)Journal of Pol i t ical Economy , 94 , 1191-1224.

Ethan Lewis - Assistant Professor of Economics

RESEARCH INTERESTS: Technological Change, Imm igrat ion, and Educati on


“Cracks in the Melt ing Pot: Immigrat ion, School Choice, and Segregat ion” with

Elizabet h Cascio. Forthcoming, American Economic Journal: Economic Policy.

“ Immigrat ion, Ski l l Mix, and Capita l-Ski l l Complementari ty.” (2011, May) Quarter ly Journal of Economics 126 (2), 1029-1069.

“Should the PC be Considered a Technological Revolut ion? Evidence f rom USMetropol i tan Areas” with Paul Beaudry and Mark Doms. (2010, October) Journal of Pol i t ical Economy 118(5), 988-1 036.




Dartmouth College Economics Department

Erzo F.P. L uttmer - Associate Professor of Economics

RESEARCH INTERESTS: Publ ic Economics, Behavioral Economics, Pol i t ical

Economy

SELECTED PUBLICATIONS OR RESEARCH PAPERS“Would People Behave Dif ferent ly I f They Better Understood Socia l Securi ty? EvidenFrom a Fie ld Experiment” with Jef f rey Liebman. (2 011, August) NBER Working Paper no. 17287.

“Culture, Context, and the Taste for Redistribution” with Monica Singhal. (2011,February) American Economic Journal: Economic Pol icy 3(1), 157-179.

“Neighbors as Negat ives: Relat ive Earnings and Wel l-Being” (2005). Quarter ly Journa

of Economics, 120(3), 963-1002.

Erin Mansur - Associate Professor of Economics

RESEARCH INTERESTS: Industr ial Organization, Environmental Economics,

Energy Economics, and Regulat ion


“What Do Emissions Markets Del iver and to Whom? Evidence f rom SouthernCalifornia’s NOx Trading Program” with Meredith Fowlie and Stephen P. Holland.(forthcoming). American Economic Review .

“Measuring Welfare in Restructured Electr ic i ty Markets” (2008, May). Review or Economics and Stat ist ics, 90(2), 369-386.

“Vert ical Arrangements, Market Structures, and Compet i t ion: An Analysis of Restructured U.S. Electr ic i ty Markets” with J im Bushnel l and Celeste Saravaria. (200March). American Economics Review, 98(1), 237 -266.

Nancy P. Mari on - The George J. Records 1956 Professor of Economics

RESEARCH INTERESTS: Financial Crises, Exchange-Rat e Pol icy, Open-Econom

Macroeconomics

SELECTED PUBLICATIONS OR RESEARCH PAPERS“Using Inf lat ion to Erode the U.S. Publ ic Debt” with J. Aizenman. Journal of Macroeconomics ( forthcoming 2012).

“ Internat ional Risk Sharing During the Global izat ion Era” with R. Flood and A.Matsumoto. Canadian Journal of Economics ( forthcoming 2012).

“Gett ing Shut Out of the International Capital Markets: I t Doesn’t Take Much” with R.Flood. (2009). Review of International Economics 17(5), 879-889.





Andreas Moxnes - Assistant Professor of Economics

RESEARCH INTERESTS: International Trade, Econometr ics, Computational

Economics

SELECTED PUBLICATIONS OR RESEARCH PAPERS“Manufactur ing Restructur ing and the Role of Real Exchange Rate Shocks: A Firm-Level Analysis” with Karol ina Ekholm and Karen Helene Ul l tvei t -Moe. ( forthcoming)Journal of Internat ional Economics .

“Are Sunk Costs in Export ing Country-Specif ic?” (2010). Canadian Journal of Economics.

“The Margins of Mult inat ional Product ion and the Role of Intraf i rm Trade” with AlfonsoIrarrazabal and Luca David Opromol la. (2010). CEPR Discussion Paper 7145.

Elias Papaioannou - Assistant Professor of Economics

RESEARCH INTERESTS: Development and Growth, International Economics,

Pol i t ical Economics


“Divide and Rule or the Rule of the Divided? Evidence f rom Afr ica”with S.Michalopoulos. (2011, June). NBER WP 17184.

“Financia l Regulat ion, Financia l Global izat ion, and the Synchronizat ion of Economic Act iv i ty” with S. Kalemli-Ozcan and J.-L. Peydro. (2010, February) . NBER WP 14887.

“Est imat ing Cross-Industry Cross-Country Models Using Benchmark IndustryCharacter ist ics” with A. Ciccone. (2010, October). CEPR Discussion Paper 8056.

Nina Pavcnik - Professor of Economics and The Niehaus Family Professorship

in International Studies

RESEARCH INTERESTS: International Trade and Trade Pol icy, Empir ical

Industr ial Organization


“ Imported Intermediate Inputs and Domest ic Product Growth: Evidence f rom India” wiP. Goldber g, A. Khandelwal, and P. Topalova. (2010) . Quarter ly Journal of Economics 125(4), 1727-1767.

“Mult i -product Firms and Product Turnover in the Developing World: Evidence f romIndia” wi th P. Goldber g, A. Khandelwal, and P. Topalova. ( 2010) . Review of Economicand Stat ist ics , 92 (4), 1042-1049.

“Trade Adjustment and Human Capital Investment: Evidence from Indian Tarif f Reforms” with E. Edmonds and P. Topalova. (2010). American Economic Journal:

Appl ied Economics , 2(4), 42-75.





Bruce Sacerdote - Richard S. Braddock 1963 Professorship in Economics and

2010-2012 Department Vice Chair

RESEARCH INTERESTS: Child and Youth Outcomes, Education, Law and

Economics, Causal Inference


“Katr ina’s Chi ldren: Evidence on the Structure of Peer Ef fects” with Scott Imbermanand Adriana Kugler. (forthcoming) American Economic Review.

“Did the St imulus St imulate? Real Time Est imates of the Effects of the AmericanRecovery and Reinvestment Act” with James Feyrer.

“When The Saints Go Marching Out: Long Term Outcomes For Student Evacuees FromHurr icanes Katr ina And Rita.” ( forthcoming) American Economic Journal.

Andrew A. Samwick - Sandra L. and Arthur L. Irving ‘72a, P’10 Professorship

Economics and the Director of The Nelson A. Rockefel le

Center

RESEARCH INTERESTS: Financial Markets, M anagerial Behavior, Pensions and

Social Secur i ty, Saving, Taxation


“Moral Hazard in the Pol icy Response to the 2008 Financia l Market Meltdown.” (2009Winter) Cato Journal , 29, 131-139.

“Changing Progressiv i ty as a Means of Risk Protect ion in Investment-Based Socia lSecuri ty Reform” (2009). Jef f rey R. Brown, Jef f rey Liebman, and David A. Wise (eds.Social Securi ty Pol icy in a Changing Environment . Chicago: Universi ty of ChicagoPress, 299-327.

“Disabi l i ty Risk and the Value of Disabi l i ty Insurance” with Amitabh Chandra. (2008).David M. Cut ler and David A. Wise (eds.) Health at Older Ages: The Causes and Consequences of Decl in ing Disabi l i ty Among the Elderly . Chicago: Universi ty of Chicago Press, 295-336.

Simone Schaner - Assistant Professor of Economics

RESEARCH INTERESTS: Development Economics and Appl ied Microeconomics


“ Intrahousehold Preference Heterogeneity, Commitment, and Strategic Savings: Theoand Evidence from Kenya”. (2011).

“The Cost of Convenience? Transaction Costs, Bargaining Power, and Savings AccouUse in Kenya”. (2011).

“Price Subsidies, Diagnostic Tests, and Targeting of Malaria Treatment: Evidence froma Randomized Control led Tria l” with Jessica Cohen and Pascal ine Dupas. (2011).





Joshua Schwartzstein - Assistant Professor of Economics

RESEARCH INTERESTS: Behavioral Economics, Microeconomic Theory


“ Insuring the Health of Behavioral Consumers” with Katherine Baicker and Sendhi lMullainathan. (2011).

“Select ive Attent ion and Learning” (2010).

“Coarse Thinking and Persuasion” with Sendhi l Mul la inathan and Andrei Shle i fer.(2008, May). Quarter ly Journal of Economics, 123(2): 577-619.

John T. Scott - Professor of Economics

RESEARCH INTERESTS: Industr ial Organizat ion and Publ ic Pol icy, R&D andTechnological Change


“Employment Growth f rom Publ ic Support of Innovat ion in Small Firms” with Albert N.Link. forthcoming. W. E. Upjohn Inst i tute for Employment Research.

“Government as Entrepreneur: Evaluat ing the Commercia l izat ion Success of SBIRProjects” with Albert N. L ink. (2010, June). Research Policy , 39 (5), 589-601.

“Compet i t ion in Research and Development: A Theory for Contradictory Predict ions.”(2009, March). Review of Industrial Organization , 34(2), 153-171.

Jonathan Skinner - Joan Sloan Dickey Third Century Professor in the Social

Sciences; Professor of Economics, Community and Family

Medicine

RESEARCH INTERESTS: Publ ic Economics, Saving Behavi or, Health Economics


“Technology Growth and Expenditure Growth in Health Care” with Amitabh Chandra.(forthcoming). Journal of Economic Li terature .

“A Pragmatist ’s Guide to Comparat ive Effect iveness Research” with Chandra, A. and AB Jena.(2011 , Spring). Journal of Economic Perspectives , 25(2):27-46.

“Regional Variat ions in Diagnostic Practices” with Song, Y., J. Bynum, J. Sutherland, Wennberg, E. Fisher. (2010, July). New England Journal of Medicine , 363:45-53.





Christopher Snyder - Joel Z. and Susan Hyatt Professor of Economics

RESEARCH INTERESTS: Industr ial Organizat ion, Microeconomic Theory, Law an

Economics


“Economic Perspect ives on the Advance Market Commitment for PneumococcalVaccines” with Wil ls Begor and Ernst R. Berndt. (2011, August). Health Affa irs , 30(8),1508-1517.

“Microeconomic Theory: Basic Princip les and Extensions” with Walter Nicholson. (20111th edit ion, South-Western.

“Should Firms Be Al lowed to Indemnify Their Employees for Sanct ions?” with Wal laceMul l in. (Apri l 2010). Journal of Law, Economics, & Organization , 26(1), 30-53.

Douglas Staiger - John French Professor of EconomicsRESEARCH INTERESTS: Health Economics, Economics of Education, Appl ied

Econometr ics


“Identifying Effective Teachers Using Performance on the Job” with Robert Gordonand Thomas Kane. (2006) The Hamil ton Project White Paper 2006-01 , The Hamil tonProject, Washington, D.C..

“Product iv i ty Spi l lovers in Healthcare: Evidence From the Treatment of Heart At tackswith Amitabh Chandra. (2007, February) Journal of Pol i t ical Economy , 115(1),103-140

“Indirect vs. Direct Hospita l Qual i ty Indicators for Very Low-Birth-Weight Infants”with Jeannette Rogowski, Jeffrey Horbar, Michael Kenny, Joseph Carpenter, JeffreyGeppert . (2004, January, 14) JAMA , 291(2), 202-209.

Sandip Sukhtankar - Assistant Professor of Economics

RESEARCH INTERESTS: Development Economics, Pol i t ical Economy, Appl ied

Microeconomics


“Sweetening the Deal? Pol i t ical Connect ions and Sugar Mi l ls in India” ( forthcoming) Amer ican Economic Journal: Appl ied Economics .

“Corrupt ion Dynamics: The Golden Goose Effect” with Paul Niehaus. (2009) BREADWorking Paper 223.

“Marginal Leakage in Publ ic Programs” with Paul Niehaus. (Working Paper)





Steven F. Venti - DeWalt H. 1921 & Marie H. Ankeny Professorship in Economic

RESEARCH INTERESTS: Tax Pol icy, Savings Behavior, Housing, Wealth

Accumulat ion


“Were They Prepared for Ret irement? Financia l Status at Advanced Ages” with J.Poterba and D. Wise. (2011, May). Presented at NBER Conference on Aging, Carefre

AZ.

“The Drawdown of Personal Ret irement Assets” with J. Poterba and D. Wise. (2011,January). NBER Working Paper No. 16675.

“The Asset Cost of Poor Health” with J. Poterba and D. Wise. (2010, September).NBER Working Paper No. 16389.

Jonathan Zinman - Associate Professor of EconomicsRESEARCH INTERESTS: Household Finance, Psychology & Economics, Field

Experiment and Survey Methodology, Development,

Publ ic Finance


“Microcredit in Theory and Pract ice: Using Randomized Credit Scoring for ImpactEvaluat ion” with Dean Karlan. Science, 332(6035), 1278-1284.

“Fuzzy Math, Disclosure Regulat ion, and Credit Market Outcomes: Evidence f romTruth-in-Lending Reform” with Victot Stango. (2011, February). Review of Financial Studies, 24(2): 506-534.

“Observing Unobservables: Ident i fy ing Informat ion Asymmetr ies with a Consumer Credit Fie ld Experiment” with Dean Karlan. (2009, November). Econometrica , 77(6),pp. 1993-2008.

Eric Zitzewitz - Associate Professor of Economics

RESEARCH INTERESTS: Agency Problems In Financial Services, Predict ion

Markets

SELECTED PUBLICATIONS OR RESEARCH PAPERS“Forensic Economics” ( forthcoming). Journal of Economic Literature.

“Part isan Impacts on the Economy: Evidence f rom Predict ion Markets and CloseElect ions” with Erik Snowberg and Just in Wolfers. (2001, May). Quarter ly Journal of Economics, 807-829.

“Do Ads Inf luence Editors? Advert is ing and Bias in the Financia l Media” with JonReuter. (2006, February). Quarter ly Journal of Economics.





SENIOR LECTURERS

Fall 2011 - Spring 2012

Professor El isabeth Curt is Senior Lecturer

Professor Maura Doyle Senior Lecturer

Professor Mar jor ie Rose Senior Lecturer

VISITING PROFESSORS

Fall 2011 - Spring 2012

Professor Avner Bar-I lan Visit ing Professor

Professor Jesse Giummo Visi t ing Assistant Professor

Professor Lawrence Kreicher Visit ing Professor

Professor Sebastian Vol lmer Visi t ing Assistant Professor



ECONOMICS MAJOR WORKSHEET

Prerequisites:

Economics 1 Term _______________

Economics 10 Term _______________

Mathematics 3 Term _______________

Requirement I :

Economics 20 Term _______________

Economics 21 Term _______________

Economics 22 Term _______________

Requirement I I : Take any two of the fol lowing sequences. The two must appear in

dif ferent l ines of the table. Note that at least one of the sequences must include a

culminating experience (see below). Circle your two chosen sequences.

Field Possibi l i ty 1 Possibi l i ty 2 Possibi l i ty 3 Possibi

Development Economics 24-44 24-27-44 24-39-44

Industr ial Organization 25-75 25-45 25-75-45

Money, Banking and Finance 26-36 26-36-46

Labor Economics 27-47 27-24-47 27-24

Public Economics* 28-38 28-48 28-38-48

International Economics 29-39 29-39-49

Advanced Theory 80-81 81-82 80-82 80-81* 72 or 75 may be substi tuted for 38

* I f you previously took 35, i t may be substi tuted for 75 in the IO sequence only.

Requirement I I I : Circle your chosen culminating experience course from the l ist be

44 45 46 47 48 49 80 82

Requirement IV : You must take total of six courses numbered above 22. This impl

either one or two addit ional cour ses beyond those circled above may be nec essary,

depending on how many two-course sequences you have chosen. Fi l l in your addit icourses below:

Addit ional Course 1: ___________________________

Addit ional Course 2: ___________________________ ( i f necessary)

Requirement V : Please check the ORC for complete Honors guidel ines, but note th

you must have 10 major courses instead of the usual 9 to be el igible for Honors.




ECONOMICS MINOR WORKSHEET

Prerequisites:


Economics 10 Term _______________


Requirement I :

Economics 20 Term _______________

Economics 21 Term _______________

Economics 22 Term _______________

Requirement I I : Take any of the fol lowing sequences. Note that each sequence incl

a culminating experience (see below). Circle your chosen sequence.

Field Possibi l i ty 1 Possibi l i ty 2 Possibi l i ty 3 Possibi l


Industr ial Organizat ion 25-45 25-75-45

Money, Banking and Finance 26-36-46

Labor Economics 27-47 27-24-47

Publ ic Economics* 28-48 28-38-48

Internat ional Economics 29-39-49

Advanced Theory 80-81 81-82 80-82 80-81-

* 72 or 75 may be substi tut ed for 38* I f you previously took 35, i t may be substi tuted f or 75 in the IO sequence only.


44 45 46 47 48 49 80 82

Requirement IV : You must take a total of three courses numbered above 22 . This

may imply an addit ional course beyond those circled above i f you chose a two-cours

sequence. I f necessary, f i l l in your addit ional course below:

Addi t ional Course 1: ___________________________( if necessary)




ECONOMICS MODIFIED MAJOR WORKSHEET

Prerequisites:


Economics 10 Term _______________


Requirement I :

Economics 20 Term _______________

Economics 21 Term _______________

Economics 22 Term _______________

Requirement I I : Take any of the fol lowing sequences. Note that each sequence inc

a culminating experience (see below). Circle your chosen sequence.

Field Possibi l i ty 1 Possibi l i ty 2 Possibi l i ty 3 Possibi


Industr ial Organizat ion 25-45 25-75-45

Money, Banking and Finance 26-36-46

Labor Economics 27-47 27-24-47

Public Economics* 28-48 28-38-48

Internat ional Economics 29-39-49

Advanced Theory 80-81 81-82 80-82 80-81

* 72 or 75 may be substi tut ed for 38* I f you previously took 35, i t may be substi tuted f or 75 in the IO sequence only.


44 45 46 47 48 49 80 82

Requirement IV : You must take a total of three courses numbered above 22 . Th

may imply an addit ional course beyond those circled above i f you chose a two-cours

sequence. I f necessary, f i l l in your addit ional course below:

Addi t ional Course 1: ___________________________ ( i f necessary)

Requirement V : Four major courses from another Department/Program:

1._____________, 2._____________, 3._____________, 4.___________

Requirement VI : Please check the ORC for complete Honors guidel ines, but note t

you must have 11 major courses instead of the usual 10 to be el i gible for Honors.




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Dartmouth College

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