Rice Economics Fall 2018 Newsletter

RICE ECON Fall 2018 News and Views from the Economics Department at Rice Welcome Back! We hope that you had a marvelous fall break, and returned rejuvenated and ready to close out a successful semester. In this issue of the Economics Department newsletter, we continue our focus on some of the new courses that we have added in recent years, as we feature one of our capstone courses for the MTEC major, ECON 497, Research in Econometrics, which will be taught next semester by Professor Xun Tang. Our faculty spotlight shines on our award-winning instructor Professor James Brown, while our “And What Did You Do Last Summer?” feature describes the experience of Lovett College senior Meghana Gaur, who spent the summer as an intern at the Federal Reserve Bank of New York. We are also delighted to report that our undergraduate economics program was ranked 12th in the nation in the latest rankings of undergraduate degree programs released last month by College Factual. For those of you thinking about attending graduate school in economics (or any of the other social sciences), be sure to attend the information session on applying to grad school sponsored by the School of Social Sciences, which will be held on Wednesday, November 14 (location to be announced soon). And check out the story below on the seventh lecture in our RISE Nobel Laureate Lecture Series, which features Professor Edward C. Prescott of Arizona State University who, along with Professor Finn Kydland of UC Santa Barbara, was awarded the 2004 Nobel Memorial Prize in Economic Sciences for contributions to dynamic macroeconomics, including analyses of the time inconsistency of economic policy and the driving forces behind business cycles. You may also be interested in the upcoming conference on the prospects for economic growth hosted by the Baker Institute’s Center for Public Finance in December. This conference is just one of the outstanding events celebrating the 25th anniversary of the Institute. We hope the rest of your fall semester goes well! George Zodrow Director of Undergraduate Studies Advising Corner Fall 2018 Office Hours Monday 9:45–11:00 a.m. Maria Bejan, BKH 251 Tuesday 1:00–2:15 p.m. George Zodrow, BKH 260 Wednesday 4:00–5:00 p.m. James Brown, BKH 250 Thursday 1:00–2:30 p.m. Peter Hartley, BKH 262 Friday 10:15–11:45 a.m. Mahmoud El-Gamal, BKH 240 Economics Undergraduate Program Ranked 12th in Nation by College Factual Our undergraduate economics program was ranked 12th in the nation in the latest rankings of undergraduate degree programs released last month by the college matching/rating service College Factual. “Our rapid rise in the College Factual rankings – we were ranked 50th only four years ago – has been extremely gratifying,” said George Zodrow, Director of Undergraduate Studies in Economics. “It reflects the commitment of the department, the school of social sciences, and the university to achieving excellence in both teaching and research in economics at Rice, especially as exemplified by the RISE (Rice Initiative for the Study of Economics) program, coupled with high caliber of our hard-working and creative students, who make the most of their educational opportunities here.” For more information, visit the College Factual website at https:// www.collegefactual.com/majors/social-sciences/economics/rankings/top-ranked/ p2.html#abs12. 1