Economics Anti-Racism Statement

The Department of Economics is committed to creating learning environments that are inclusive, anti-racist, and supportive of open inquiry and debate. We are deeply concerned about student experiences regarding diversity, equity, and inclusion in our major. While we have been working hard to listen, innovate, and improve, we know there is much to be done.
We have written an Open Letter to students on Anti-Racism and plan to host meetings in the fall semester to listen to students and discuss this ongoing work. We look forward to being in conversation with you this Fall!
Flowering trees in front of academic building with a bike rider

Final Economics Honors Thesis Presentations

April 2024

Seniors in the economics honors program will give their final presentation and defense of their thesis to the faculty, fellow students and guests.

Light refreshments will be served.

Day 1: Wednesday, April 24, 4:00-6:30PM in Chapin 201
Day 2: Thursday, April 25, 4:00-6:45PM in Chapin 201

Two people walking by a flowering tree and building

Economics Alumni awarded NSF fellowships

April 2024

The National Science Foundation recently awarded Graduate Research Fellowships (GRFP) to two economics alums: Charlie Smith '19 and Juanita Jaramillo '22. Charlie is a Ph.D. student in finance and economics at the University of Wisconsin-Madison and Juanita is starting her Ph.D. in economics and public policy in Fall 2024 at the University of Michigan.

At Amherst both were recipients of the department's James R. Nelson Prize awarded to the senior who has written a distinguished honors thesis that applies economic analysis to an important question of public policy.

"The NSF Graduate Research Fellowship Program (GRFP) is to help ensure the quality, vitality, and diversity of the scientific and engineering workforce of the United States. A goal of the program is to broaden participation of the full spectrum of diverse talents in STEM."

 

F24 ECON 111 Course Sections

Available ECON 111 Sections for Fall 2024

ECON 111-01

LEC MW 12:30-1:50PM

Prof Baisa

Prof Barbezat

DIS Th 1-1:50

DIS Th 2-2:50

DIS Th 3-3:50

ECON 111F-01F

ECON 111F-02F

ECON 111F-03F

ECON 111-02

LEC TTh 2:30-3:50PM

Prof Ishii

DIS W 2-2:50

 

 

ECON 111F-04F

 

 

ECON 111-03

LEC MW 2:30-3:50PM

Prof Gebresilasse

DIS Th 1-1:50

 

ECON 111F-05F

 

ECON 111-04

LEC TTh 1-2:20PM

Prof Theoharides

DIS W 1-1:50ECON 111F-06F

Please note: There will be no 111E offered in AY 24-25


F24 New Economics Courses

ECON 227
International Trade
Prof. Wang
227-01 TTh 10-11:20
227-02 TTh 1-2:20

This course will examine the patterns, causes, and consequences of international trade. We will begin by exploring empirical data on international trade, addressing questions such as: How has trade evolved over time? Which countries exhibit trade deficits or surpluses? And which country pairs trade more than others? Moving forward, we will use classic models of international trade to discuss the determinants of trade patterns. Key questions we will address include: Why and how much do nations trade? What factors determine the composition of exported goods of a given country? Subsequently, we will analyze the impact of international trade, particularly its effects on welfare, wages, employment, and inequality. We will examine who may benefit and who may lose as a result of opening to trade. In the final section, we will discuss the implications of various trade policies, including tariffs, quotas, export subsidies, and trade agreements. Throughout the course, we will emphasize the application of theoretical frameworks to explain trade patterns observed in data and to analyze the impact of trade openness and policies. Students will actively participate in discussions and write policy briefs. Requisite: ECON 111/111E. Limited to 25 students. Fall and spring semesters. Professor Wang.

ECON 426
Economics of Work and Family
Visiting Fellow Prof. Kelly Ragan, Stockholm School of Economics
TTh 1-2:20PM

This course explores—empirically, historically, comparatively, and theoretically—the changing significance, timing, and meaning of work, career, dating, cohabiting, marriage, family, and other personal economic decisions. Readings and assignments will emphasize empirical, quantitative, and theoretical analysis of these topics as well as important underlying mechanisms, such as contraceptive access and social norms, in shaping economic decisions. The course will involve students in the creative process of researching, writing, and presenting original research using primary sources (often large-scale, cross-section data sets). The analytical tools developed in the classroom will be applied to current policy discussions related to The Economics of Work and Family using current media sources. Requisite: ECON 300/301, ECON 360/361. Limited to 15 students. Fall semester. Visiting Fellow Kelly Ragan, Stockholm School of Economics.

How to Declare an Economics Major

**PLEASE NOTE: Economics declarations may take up to two weeks to process in S24. Please plan accordingly**

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." 

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.

Man teaching a class

Introducing the Economics Resource Center

February 2024

The economics department has a newly updated resource center located in our computer lab in Converse 311. Econ major Eliza Williams 26 has been curating and updating materials on graduate programs, internships and other educational programs. We invite you to browse (in the seating area behind the computers) for available opportunities. You can also take a look at the bulletin board in the hallway outside the offices of Profs Sims, Kingston and Ishii for additional options you may be interested in pursuing.

S24 STATA TA Hours

Onupurba Das, Economics PhD candidate in the Department of Resource Economics at University of Massachusetts will continue hosting weekly STATA office hours this semester in the economics computer lab (Converse 311): 
  • Mondays 4-7 pm
  • Tuesdays 4-7 pm
  • Thursdays: 4-8 pm

Ariana Rodriguez 24 in The Amherst Student

October 2023

Economics and Education Studies major Ariana Rodriguez is featured in this week's Amherst Student feature Thoughts on Theses. Ariana traveled home to El Salvador this summer with funding from the Economics Department Summer Fellowship program to embark on research for her thesis on public school nutrition programs.

Man teaching a class

Prof. Gebresilasse joins Provost's summer trip to South Africa

August 2023

At the start of the summer Prof. Mesay Gebresilasse along with other Amherst faculty and administrators joined Provost Epstein on a trip to Cape Town. They visited the University of Cape Town the top university in Africa to meet with faculty and administrators, and spent time exploring the University's study-away programs for potential future partnerships with Amherst. Prof. Gebresilasse has been a member of the economics department since 2019 and his areas of economic expertise are in development and applied microeconomics.

Audrey Cheng '20 Published in JEEM

August 2023

Amherst Economics alum Audrey Cheng '20 has been published in the recent issue of Journal of Environmental Economics and Management. The paper began as her Amherst College thesis Conservation and Development in China's Nature Reserves: Win-Win or Trade-Offs? Her co-authors are her thesis advisor Kate Sims, Professor of Economics and Environmental Studies at Amherst and YuanYuan Yi of China Center for Economic Research, National School of Development at Peking University. Cheng is currently a student at Harvard Law School.

student haoran tong standing for portrait

Haoran Tong '23: "The Pride of Amherst"

August 2023

In May Haoran Tong '23 was highlighted in Behind the Scenes: Senior Theses Projects for his work on two theses, one for LJST and one for Economics. And in August Amherst Magazine featured his impressive work and accomplishments as an undergrad in an article titled The Pride of Amherst. Tong is also the 2023 recipient of The James R. Nelson Memorial Award, 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.

Economics Department Prizes and Awards 2023

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: Sara Kao 23

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: Xinyu Ni 23

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: Haoran Tong 23

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: Maira Owais 23, Ella Steciuk 23

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: Aidan Cook 24, Ernest Protas 24, Gillian Richard 24, Aryen Shrestha 24

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: Winton Garrelts 26, Andrew Glassford 26, Ivy Haight 25, Rhine Hazra 26

Sara Kao 23 Franklin S. Odo Prize recipient

Senior economics honors student Sara Kao was awarded the 2023 Franklin S. Odo Prize for her thesis Ethnic Enclaves and Educational Outcomes: Evidence from Refugee Resettlement After the Vietnam War.

The Franklin S. Odo Prize Fund was named in memory of the late Franklin S. Odo, the John Woodruff Simpson Lecturer and former John J. McCloy ’16 Visiting Professor of American Institutions and International Diplomacy in the Department of American Studies, the Fund supports a prize to be awarded annually to a senior who has produced an outstanding thesis in the area of Asian/Pacific/American studies.