Man in glasses smiling

Professor Hyman published in AEA Journal

November 2022

The November edition of the American Economic Journal: Economic Policy feautures Prof. Hyman's paper The Long-Run Impacts of Same-Race Teachers.

photo of aisha yusuf

Fresh Faculty: Aisha Yusuf

October 2022

Visiting Assistant Professor Aisha Yusuf was interviewed for a recent edition of the Amherst Student. Learn more about her research background, hobbies, and what attracted her to Amherst.

New STATA TA: Mateo Hoyos

Mateo Hoyos, Economics PhD candidate at University of Massachusetts will be hosting weekly STATA office hours this semester in the economics computer lab (Converse 311):
  • Tuesdays: 2-6 **updated**
  • Wednesdays: 3-6 **updated**
  • Thursdays: 5-8
Mateo's hours start the week of Monday, Sept 5.

S23 ECON 111 Course Sections

Available ECON 111 Sections for Spring 2023

ECON 111-01

LEC MW 2:30-3:50

Prof White

Prof Porter

DIS Th 10-10:50

DIS Th 11:30-12:20

DIS Th 2:30-3:20

ECON 111F-1 01

ECON 111F-1 02

ECON 111F-1 03

ECON 111-02

LEC MW 12:30-1:50

Prof Barbezat

DIS Fri 11-11:50



ECON 111F-1 04



ECON 111E 01/ENST 230

LEC TTh 11:30-12:50

Prof Sims

DIS F 11-11:50


ECON 111E 01F/

ENST 230



New economics courses for S23

ECON 205  **Sophomore Seminar**
Pluralist Economics
Prof. Reyes 
TTh 11:30-12:50

Mainstream economics is fundamentally neoliberal, employing narratives of meritocracy to explain, normalize, and justify racial capitalism and the inequality and exploitation it inevitability produces.  Pluralist economics provides alternative explanations and understandings, directly challenging the conceptualizations, models, methods, values, topics, and pedagogy of economic practice.  This sophomore seminar engages students in an exploration of pluralist economics. Examples of pluralist approaches include: feminist economics, critical race theory, stratification economics, Marxist economics, cooperative economics, behavioral economics, institutional economics, and abolition economics.  Given the interweaving of mainstream economics, capitalism, and white supremacy, this engagement with pluralist approaches entails an uncovering of and challenge to racist capitalist logics that are central to both economics and the economy.  Together, we will endeavor to build a thoughtful, creative, and flexibly pluralist approach to our work as economic thinkers. REQUISITE: ECON 111/111E. Limited to 15 students.

ECON 450 
Monetary Theory and Policy
Prof. White
MW 12:30-1:50

The way a society creates and distributes money has a large impact on people’s income, wealth, employment opportunities, and financial security more generally. In this course, we will study modern monetary institutions and their impact on the economy. We will use both empirical and theoretical frameworks to address questions like: What causes inflation? How do interest rate changes affect employment? and How should policymakers decide what actions to take? We will examine the operational aspects of modern central banks as well as how and why the banks have evolved over time. We will also assess central bank tools to address inequality and climate change. Students will read research papers, follow current policy debates and decisions, and engage in independent research projects. REQUISITE: ECON 330/331, ECON 360/361. Limited to 15 students.

Man in glasses smiling

Recent New York Times piece cites two studies by Professor Hyman

September 2022

A recent article on the front page of the New York Times links to two studies by Prof. Joshua Hyman about the effects of increased school funding for disadvantaged school districts. Find the citations in the article by searching “Reduce local property taxes” and “show the gains.”

Professor Theoharides

Professor Theoharides featured on NPR Marketplace

August 2022

Prof. Theoharides was recently interviewed for NPR's Marketplace feature Ukrainians Abroad Find New Ways to Send Money Back Home.

Fall 2022 Economics Declarations (August 29, 2022)

The process for declaring a major will be transitioning this semester with the introduction of Workday Student. While the department navigates this change, THIS is the interim declaration policy.

There are several steps you must complete to declare a major in economics:

  1. Have an email or other documentation from your current academic advisor approving your economics major declaration
  2. Submit an "Intent to Declare Economics" Google form
  3. Log on to Workday to select "Add Program of Study" (this is new language for declaring a major)

Please note the following:

  • If you would like a particular member of the economics faculty to be your advisor you must contact them and discuss being added to their roster. Only with faculty approval can you be added to a requested professors roster, otherwise you will be assigned a department advisor
  • You must complete the three steps listed above or your declaration cannot be processed
  • You will be notified when your declaration has been completed and your new advisor assigned
Thank you for your patience and please check this post for updated information as the new process is finalized.

Economics Department Prizes and Awards 2022

Congratulations to our majors for their achievements!

The Bernstein Prize funded by a gift from the Bernstein family in honor of the work their son did at Amherst College is awarded to the senior who, in the opinion of the Economics Department and the Dean of the Faculty, has done particularly outstanding honors work in economics: Juanita Jaramillo 22, Aaron Rennert 22

The James R. Nelson Prize is awarded to the senior who, in the opinion of the Economics Department, has written a distinguished honors thesis that applies economic analysis to an important question of public policy: Juanita Jaramillo 22, David Xu 23E

The James R. Nelson Memorial Award is presented to that senior who, in the opinion of the Economics Department, has achieved excellence in the study of economics while pursuing a broad liberal education: Ruby Hastie 22, Benjamin Newman 22

The Jeanne Reinle Prize named after Jeanne Reinle, the Academic Department Coordinator of the Economics Department for 30 years, whose inviting and engaging presence welcomed and supported generations of Amherst Economics students and faculty, is awarded to the senior who, in the opinion of the Economics Department, exemplifies a commitment to building community in the Economics Department and a passion for Economics: Abdullah Brown-El 22, Juanita Jaramillo 22, Ella Peterson 22, Aaron Rennert 22

The Economics Department Junior Class Prize to be awarded to that member of the junior class who, in the opinion of the Economics Department, has achieved a record of excellence in the study of economics at Amherst College: Sara Kao 23, Yee-Lynn Lee 23, Aiqi Sun 23

The Hamilton Prize which was established by his former students in memory of Professor Walton Hale Hamilton, distinguished member of the Department of Economics from 1915-1923, is awarded to that first year student who ranks highest in the economics courses he or she has taken: Marius Cotorobai 25, Allison Deegan 24, Roman Moniz 25