Syracuse University

Department of Economics

110 Eggers Hall Syracuse, NY 13244

Tel: 315-443-3843

Chair and Undergraduate Director

William Horrace

Undergraduate Coordinator Elizabeth Ashby

Graduate Director Stuart Rosenthal

Masters Director Chihwa Kao

WELCOME NEW FACULTY ........ 1 Merima Ali .................................. 1 Hugo Jales .................................. 1

Networking Night for Economics Majors ...................................... 2

Joann Heffernan Heisen Award 2

Omicron Delta Epsilon ............. 3 ODE Qualifications ..................... 3 Newest Members ....................... 3

2015 Economics Distinction Graduates ................................ 4

Economics Association ............ 4

Extra Office Hours for Major Advisors.................................... 5

Department of Economics Contacts ................................... 6

Spring 2016 Course Offerings . 7

Opportunities for Economics Majors ...................................... 8

Senior Checklist ..................... 10

Economics Newsletter October 23, 2015 Syracuse University Fall Edition

WELCOME NEW FACULTY Merima Ali Assistant Professor of Economics

Merima was born and raised in Addis Ababa, Ethiopia and obtained her B.S degree in Economics from Addis Ababa University in 2004 and M.S in Economics from University of Gothenburg, Sweden in 2006. She finished her PhD in 2012 from Wageningen University, the Netherlands in Development Economics.

Besides her position at Syracuse University, she is also a Senior Researcher at the Chris Michelsen Institute in

Bergen, Norway. Before joining Syracuse University, she worked at the World Bank as part of the Women Entrepreneurship Development Program and was a visiting researcher at IFPRI in Washington DC.

She has a research interest on development, entrepreneurship and taxation. Some of her researches have focused on the role of networks to promote the performance of businesses and the role of IT in improving tax compliance in businesses. Her works have been published in development journals such as World Development and Journal of Development Studies. She teaches courses in development and trade at the undergraduate and Masters level.

Hugo Jales Assistant Professor of Economics

Hugo Jales was born and raised in the state of Minas Gerais, Brazil. He obtained his Economics B.A. degree in 2008 from the Universidad Federal de Minas Gerais. In 2010, he obtained a M.A. degree in Economics from the Escola de Economia de Sao Paulo at the Fundacao Getulio Vargas. Jales is a PhD candidate from the Vancouver School of Economics at the University of British Columbia. He expects to graduate in November 2015.

Jales specializes in labor economics and applied econometrics. His research focuses on developing methods to evaluate the impact of the minimum wage on outcomes such as wage inequality, employment, labor tax revenues, and the size of the informal sector. As a graduate student, Jales received an award for his work on the effects of the minimum wage at the International Applied Econometrics Association meeting in London in 2014, and at the Canadian Economic Association meeting in Toronto this year.

He is currently an Assistant Professor of Economics at Syracuse University and a senior associate researcher at the Center for Policy Research at the Maxwell School of Citizenship and Public Affairs. He teaches courses in labor economics (graduate) and economic statistics.

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Networking Night for Economics Majors Networking Night is a co-sponsored event by the Economics Department and SU Career Services held in the fall and spring semesters. Thanks to Maureen Eastham (Economics Department) and Susan Casson (SU Career Services) for organizing the even each semester.

Multiple employers participate in Networking Night each semester. The list of participating employers that participated this semester included JPMorgan, Ernst and Young, Abercrombie and Fitch, Burlington Stores, Colonial Insurance/Paul Revere Life Insurance, Google, and Teach for America

The event provides economics majors an opportunity to learn of career and internship opportunities specific to their economics training. In addition, the event has helped economics majors gain a competitive edge in today’s job market. After participating in the event, several students have obtained interviews, internships, and job opportunities with employers in attendance.

The next event will be held in the spring. Be sure to watch for emails and flyers promoting the event!

Joann Heffernan Heisen Award The award is given annually to recognize the academic contributions of an outstanding graduating senior in Economics.Seniors are eligible if nominated by a member of the Economics faculty. Selection is based on the nominating letter, academic performance in all courses counted toward the major, a writing sample, and, if relevant, participation in an economics research project (such as a class project, internship, honors thesis, or independent study).

The 2015 JoAnn Heffernan Heisen Award winners Bo Stewart and Lidia Medina.

Left to Right: Christopher Meek, Senior Associate Dean Mike Wasylenko, Lidia Medina, Bo Stewart, Prof. Devashish Mitra and Professor William Horrace

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Omicron Delta Epsilon ODE Qualifications

Outstanding students in economics are invited to become lifetime members in the Omicron Delta Epsilon international honor society. The society exists to form a community of economists across countries. Membership is based on scholarly achievement and is recognized worldwide. Criteria for selection for the Omicron Delta Epsilon Honor Society include:

• Declared Economics major; • Junior or senior standing; • Overall GPA of 3.3 or higher; • Successful completion of ECN 301 (or 311) and 302; • Successful completion of at least two upper division ECN courses (300 level or above), excluding ECN

301, 302, 311, 365, and 470; • Economics GPA of 3.3 or higher calculated from course work taken to date in intermediate theory

courses (excluding ECN 203) and upper-division economics electives.

The Economics Department reviews majors’ files during the spring semester. Those students meeting the above criteria are invited to join Omicron Delta Epsilon. Students who feel they meet the criteria may also contact the Department.

Newest Members Benjamin Adams

Kelsey Adams Kajla Alkhaldi

Olufunmilayo Anazodo Aminata Bah Caitlin Bass

Valdrin Berisha Taylor Bold

Hyewon Choi Soo Mi Chung

Rafael Carlos Cifuentes Michael D’Accordo

Gabrielle-Faye Dompor Kevin Donovan Kyung Seo Han Jordan Horowitz

Yueqiu Hu Hae Jeong Jeon Matthew Joseph

Na Hyun Kim Li Cheng Li Zaoheng Li Wanni Liao

Bailey Lipschultz

Lidia Medina Brian Ogbogu David Ondrich

Connor Osborne Shivansh Rastogi

Juan Romero Cabrera Enith Sanchez

Bo Stweart Dijja Tamen William Valle

Jieliang Zhang Mengran Zheng

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2015 Economics Distinction Graduates As part of the Economics Distinction Program, three seniors presented their undergraduate thesis research during a special seminar. Students benefited from comments provided by SU faculty and other Economics students.

Pictured Above (left to right) Valdrin Berisha, Professor Perry Singleton, Kevin Donovan, Lidia Medina

Economics AssociationEconomics Student Association is a platform that connect students who are interested in Economics. There are over 35 members actively participating in weekly meetings. Our goal is to help members to build their resumes and pursue personal success. There are also guest speakers as well as recruiters attending the meetings sharing their experience within the industry. The programs implemented this semester include a one-credit independent study project, excel training project, a resume building session, and the class selection session prior to registration.

If you are interested, please come to the regular meetings at 6:30 on Wednesdays in Maxwell 108, and check out our latest events at http://uec.syr.edu

2015-2016 Executive Board Tessa Xie ................. President Rafael Cifuentes...... Vice President Sam Anderson ......... Treasurer Andy Li ..................... Secretary Yifan Cai ................... Public Relations Co-Chair Gloria Zhang ............ Public Relations Co- Chair

Independent Study Project The participants are arranged in groups on different topics, and each group will present during the weekly meetings. The topics cover Behavioral and Experimental Economics, Econometric, Economics of Technology, Financial Economics, Game Theory and International Trade/ International Economic. The students may be able to achieve one independent study credit by participating, based upon approval by the Economics Department.

Excel Training

We realize that Excel is a very important skill in the career. President Tessa Xie has attained Excel certification and has taken GET 236 and GET 336, which are Excel concentrated courses instructed by a current data analyst manager of Ernst & Young. Christopher Mead, who is in charge of the Excel Certification program, can help members register for the Excel certification exam that takes place in Whitman weekly. The training will take place from 3:00 to 4:00 in Bird Library room 543. The materials can be downloaded from the Association’s website.

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Extra Office Hours for Major Advisors To become an economics major or to discuss your program of study, see the chart below.

Look for the initial of your last name and the corresponding professor's office hours and room location

Your Last Initial

Advisor Room Number/Phone

Email Address Office Hours

A - B Piyusha Mutreja 119 Eggers -- 8440 pmutreja@syr.edu

M 2:00 – 4:00 Extra Office Hours:

W 11/4 12:00-2:00

C - E Leyla Karakas 133 Eggers -- 2294 ldkaraka@syr.edu

T 10:30 – 12:30 Extra Office Hours:

T 11/3, 11/10 2:00-4:00

F – K Peter Howe 129 Eggers -- 5874 pehowe@syr.edu

M W 2:15 – 3:30 Extra Office Hours:

M 11/2, 11/9 11:00-12:00 W 11/4, 11/11 11:00-12:00

L - O Eugene Liu 110D Eggers -- 2078 cliu09@syr.edu

W 9:30 – 12:30 Extra Office Hours:

T 11/10 1:00-4:00 F 11/6 1:00-4:00

P - S Inge O’Connor 110F Eggers -- 9311 iwoconno@syr.edu

T TH 8:30 – 9:15 T TH 2:00 – 2:45 Extra Office Hours:

M 10/26 9:00-1:00 F 11/6 9:00-1:00

T – Z Hugo Jales

426 Eggers -- 9230 hbjales@syr.edu

T F 4:00 – 5:00 Extra Office Hours:

Th 11/5, 11/12 3:30-4:30

Advising Coordinator Elizabeth Ashby 110E Eggers -- 1354

eakerste@syr.edu

T 2:00 – 5:00 Extra Office Hours:

By Appt.

Chair/Undergraduate Director William Horrace 110 Eggers – 5762

whorrace@syr.edu By Appt.

Appointments can be made to see these advisors outside of their regularly scheduled office hours.

In addition to the faculty members above, information about the economics major can be obtained from the department and the department website (http://www.maxwell.syr.edu/econ/undergraduate.htm). Sue Lewis, the Department’s Assistant to the Chair, is also available to assist you. The department staff, Maureen Eastham, Faye Shephard and Laura Sauta can provide you with printed information about the major. Sue, Maureen, Faye and Laura are located in 110 Eggers Hall during regular working hours.

If you want to speak to the department chair, you can reach him in the same office. Ask for William Horrace, Professor and Chairman, Department of Economics, 110 Eggers Hall, ext. 3612.

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Department of Economics Contacts Professor Office Location Office Phone E-mail Address

Merima Ali 117 Eggers 443-3802 maali100

Elizabeth Ashby 110E Eggers 443-1354 eakerste

Badi Baltagi 426 Eggers 443-1630 bbaltagi

Kristy Buzard 131 Eggers 443-4079 kbuzard

Don Dutkowsky 304 Maxwell 443-1918 dondutk

Gary Engelhardt 314 Lyman 443-4598 gvengelh

Jerry Evensky 316B Maxwell 443-5863 jevensky

Alfonso Flores-Lagunes 426 Eggers 443-9045 afloresl

William Horrace 110/426 Eggers 443-9061 whorrace

Peter Howe 129 Eggers 443-5874 pehowe

Hugo Jales 426 Eggers 443-9230 hbjales

Duke Kao 426 Eggers 443-3233 cdkao

Leyla Karakas 133 Eggers 443-2294 lkarakas

Jerry Kelly 312 Maxwell 443-2345 jskelly@syr.edu

Jeff Kubik 426 Eggers 443-9063 jdkubik

Derek Laing 311 Maxwell 443-3746 dlaing

Yoonseok Lee 426 Eggers 443-9529 ylee41

Eugene Liu 110D Eggers 443-9311 cliu09

Mary Lovely 225 Eggers 443-9048 melovely

Devashish Mitra 133 Eggers 443-6143 dmitra

Piyusha Mutreja 119 Eggers 443-8440 pmutreja

Inge O’Connor 110F Eggers 443-9311 iwoconno

Jan Ondrich 426 Eggers 443-9052 jondrich

Stuart Rosenthal 426 Eggers 443-3809 ssrosent

Abdulaziz Shifa 117 Eggers 443-3802 abshifa

Amy Schwartz 426 Eggers 443-9362 aesch100

Perry Singleton 426 Eggers 443-3690 psinglet

Farnaz Taherkhani 129 Eggers 443-5874 ftaherkh

Michael Wasylenko 200 Eggers 443-9500 mjwasyle

Johnny Yinger 426 Eggers 443-9062 jyinger

Maureen Eastham (Staff) 110 Eggers 443-3843 mmeastha

Sue Lewis (Staff) 110 Eggers 443-5763 swlewis

Laura Sauta (Staff) 110 Eggers 443-2414 llsauta

Faye Shephard (Staff) 110 Eggers 443-3612 flshepha

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Spring 2016 Course Offerings

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Opportunities for Economics Majors From Career Services

J.P Morgan Upcoming LiveTalks & Experiences

• Women Who Trade LiveTalk Date: Monday, Oct. 19, 2015 (Deadline to Register: Sunday, Oct. 18, 2015 (Click Here To Register)) Time: 4:00pm - 5:00pm Login: Details will be sent day of the session to those registered Please join us for a Women Who Trade LiveTalk, a live, interactive, virtual session, and hear our top female traders speak candidly about their experiences. Many started with us as summer interns and are now driving our business forward. • Corporate & Investment Bank Military Veterans Experience Date: Thursday, Dec. 17, 2015 (Deadline to Register Sunday, Nov. 8 (Click Here to Register)) Location: J.P. Morgan’s New York City Headquarters This program gives top students the chance to launch their career with a summer internship within the Corporate & Investment Bank. At our Military Veterans Experience, you will get a first-hand look at what it’s like to work at a leading financial services firm, expand your knowledge of our businesses and sharpen some of the skills that you’ll need for a successful career.

• Sales, Trading & Research LiveTalk Date: Tuesday, Oct. 27, 2015 (Deadline to Register: Monday, Oct. 26, 2015 (Click Here to Register)) Time: 5:30pm - 6:30pm Login: Details will be provided to registered participants Join us for LiveTalk, a live virtual session, and hear our employees speak candidly about what’s it like working at one of the world’s leading financial services firms. With award-winning products, cutting edge technology and senior leaders that want to see you succeed, our Sales & Trading teams will provide you the support you need. You'll deal in virtually all major asset classes and provide up-to-the-minute investment ideas. As part of our Research group, you’ll gain hands-on experience in financial markets by analyzing alternative investment products and providing assessments of fundamental trends.

Research internship opportunities are open to freshmen, sophomores, juniors with a minimum 3.2 GPA and 1st year MBA students.

• Northwestern Mutual Internship Interns with Northwestern Mutual have the same opportunities to build their careers as full-time representatives. Supported by our network of specialists, training programs and mentoring opportunities, interns have access to the resources, products and assistance they need to help their clients and build their practices. Preferred qualifications: Must be a full-time student at a four year institution. You must have strong interpersonal skills, be self-motivated and have a history of personal success. Compensation: Training stipend followed by a performance based commission/bonus structure. To apply: E -mail your resume to the Campus Recruiter in Syracuse, Brooke Benkovich at brooke.benkovich@nm.com or fax to 315-434-9155. For more information, visit our websites at: www.syracuse.nm.com , www.nm.com or www.nminternship.com.

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• Northwestern Mutual Financial Representative Financial representatives with Northwestern Mutual provide expert guidance and innovative solutions for individuals and businesses in the areas of retirement planning, insurance and investment services, estate planning, business planning, education funding and employee benefits. Compensation: Training stipend and training allowance program; performance based commission and bonus structure; highly competitive benefits package. Preferred qualifications: To be considered for the position, you should have completed a bachelor's degree from a four-year institution, have strong interpersonal skills, be self-motivated, and have a history of personal success. To apply: E-mail your resume to brooke.benkovich@nm.com or fax to 315-434-9155. For more information, visit our website: www.nmfn.com/thegreaternygroup.

• From Arts & Sciences to Stocks & Finances Who: This trip is open to all undergraduate students in the College of Arts and Sciences.

What: The “From Arts & Sciences to Stocks & Finances” Immersion Experience is an opportunity for students with non-business majors to explore the corporate sector in NYC.

Where: New York City

When: Thursday, November 5, and Friday, November 6. All applications are due by Monday, October 19th, at 3:00 pm. Students will be informed on the status of their application by Monday, October 26th. *Students who are selected to participate will need to attend a mandatory information session the week of October 26th

Students will gain knowledge about marketing their skills and talents in the business world, identify internships or job opportunities that may be a good fit for them, and learn more about specific industries. Confirmed visits include: JP Morgan, EY (Ernst & Young), Bloomberg, Morgan Stanley, and Goldman Sachs.

We are requiring a $50 REFUNDABLE deposit to hold your spot and this deposit will be collected at this meeting. Final agendas and additional details will be provided at this meeting. To apply, the URL is: https://syr-csm.symplicity.com/surveys/stocksasnyc15 and please upload your current resume and the attached application.

For questions or more information, please contact Sue Casson at smcasson@syr.edu

REMEMBER – all of these and MORE can be found on OrangeLink! You can access OrangeLink through your MySlice account – under

‘Career Services.’ OrangeLink is an online database of job & internship opportunities employers have shared with us. Visit

http://casadvising.syr.edu/career/job_postings.html

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Senior Checklist

Senior Check –Check with your college Recorder to see that your major(s) or minor(s) are officially declared and correctly noted on your record. If you are no longer pursuing a listed major or minor, please make sure that it is deleted from your record.

Major Requirements - Prior to making your Senior Check appointment, we strongly encourage you to check with your advisor(s) in your major(s) to insure that you are on track for graduation within all your major(s). During your Senior Check, the Student Records Office will determine remaining core requirements, overall credits and general University requirements. The Records office will not confirm the completion of your major until the degree certification process which occurs at the end of your college career.

Program(s) of Study - Check with your college Recorder/Academic Advisor to see that your major(s) and or minor(s) requirements have been fulfilled. If you are no longer pursuing a listed major or minor, please make sure that it is deleted from your record.

Bachelor of Science Petitions - The Arts & Sciences Academic Support Office, 323 Hall of Languages, has a pre-printed form for the B.S. degree. When you do your Senior Check, your recorder will give you the form to bring to your department. Economic students should bring it to the Assistant to the Chair for completion. The student then returns the completed form to the A&S Student Records Office

Transfer Credits - Check with your College Recorder/Academic Advisor to make sure that the official transcripts of all credit you intend to have included toward your degree have been received and evaluated

Incompletes - All coursework must be completed and handed in prior to graduation dates. • May grads – work due by May 8th • August grads – work due by August 8th • December grads – work due by December 18th • Work completed after the above dates automatically changes your graduation date.

Make sure your professors agree to the latest date of completion.

Diplomas - Diplomas are mailed to the address entered on the Diploma Request link. When an undergraduate student attains Junior standing (54 credits or more), the File Diploma Request link becomes available under Student Services in MySlice. Students must use this link to specify the term in which they intend to graduate and to provide information for their diploma. If your information is not complete, you will not receive commencement mailings with event calendars and dinner dance reservation forms, most importantly, you will not receive your diploma! Students must also contact their home school or college to review all graduation requirements.

Local Address - Senior mailings are sent to the local address as it appears on MySlice, the Syracuse

University information system. Make sure that it is correct and current

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Please feel free to stop by the Economics Department where Sue Lewis will be happy to

verify the completion of your Economics major/minor requirements.

Online Academic Forms

Students, staff and faculty may access the academic forms from the Registrar's Office website. Students are responsible for printing, completing and obtaining the required signatures in accordance with associated

deadlines. Academic forms are available online at http://registrar.syr.edu/forms/index.html.

Are you aiming for a B.S., as opposed to a B.A., in Economics?

Then make plans to fit the following courses into your plan of study for the B.S.:

ECN 311 (instead of 301), 505, 521, 522; MAT 295, 296.

Please Visit the Department’s Webpage for More Information:

http://www.maxwell.syr.edu/econ/default.aspx

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