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MAJORING IN ECONOMICS AT YSU

MAJORING IN ECONOMICS AT YSU. What do ECONOMISTS Do?. Rick Kaglic. Regional Economist, Federal Reserve Bank of Richmond M.A. in Economics, YSU, 1992 B.A. in Economics, YSU, 1991. Rick currently analyzes economic trends in the Southeast region.

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MAJORING IN ECONOMICS AT YSU

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  1. MAJORING IN ECONOMICSAT YSU

  2. What do ECONOMISTS Do? Rick Kaglic Regional Economist, Federal Reserve Bank of Richmond M.A. in Economics, YSU, 1992 B.A. in Economics, YSU, 1991 Rick currently analyzes economic trends in the Southeast region. Rick Kaglic being interviewed by Dan Lothian, CNN's Chief White House correspondent

  3. What do ECONOMISTS Do? Joseph G. Carson Senior Vice President and Director—Global Economic Research AllianceBernstein Joseph Carson oversees AllianceBernstein Fixed Income's economic analysis team and has primary responsibility for the economic and interest-rate analysis of the United States. AllianceBernstein manages approximately $500 billion in financial assets.

  4. What do ECONOMISTSDo? Sara LaLumia Assistant Professor of Economics, Williams College Ph.D. in Economics, University of Michigan, 2006 BA in Economics, summa cum laude, YSU, 2000 “I study how decisions about labor supply and human capital are affected by income taxes.” Sara has published in the Journal of Public Economics, the National Tax Journal, and the Journal of Regional Science. Sara visiting the London School of Economics

  5. Economics Gets People to Places – Some Past Economics Majors Business leaders: Warren Buffett - CEO, Berkshire Hathaway Donald Trump – Real estate/TV mogul Sam Walton – Founder, Wal-Mart Meg Whitman – CEO, Ebay Steve Ballmer – CEO, Microsoft Heads of state: George H. W. Bush – US president Gerald Ford – US president Ronald Reagan – US president Julia Timoshenko – Prime minister, Ukraine Manmohan Singh – Prime minister, India Public officials: Sandra Day O’Connor – Supreme Court justice Arnold Schwarzenegger – Governor, California Georgia Neese Clark – US treasurer Ben Bernanke – Chairman, the US Federal Reserve Kofi Annan – UN secretary General Entertainers, athletes, and others: Cate Blanchett – Actress Mick Jagger – Singer Col. Eileen Collins – Astronaut Bernie Kosar – NFL quarterback Diane von Furstenberg – Fashion designer Muhammad Yunus – Nobel Peace Prize winner

  6. AnECONOMIST Shouldbe able to: Conduct quantitative analysis Apply economic theory Communicate results

  7. ECONOMISTS can hold a variety of job titles: Public Policy Consultant Financial Analyst Researcher Market Analyst Purchasing Manager Forecaster Economic Development Analyst Business Consultant Sales Analyst

  8. Median Annual Earnings of Economists: $83,590 The middle 50 percent earned between $59,390 and $113,590 (May 2008) U.S. Department of LaborBureau of Labor Statistics Occupational Outlook Handbook

  9. The Hot Major For Undergrads Is ECONOMICS July 5, 2005 “… economics and business majors ranked among the five most-desirable majors…” National Association of Colleges and Employers, 2004 survey

  10. Bachelors Programs • BSBA in BUSINESS ECONOMICS Ideal preparation for employment in the private sector and MBA programs • AB in ECONOMICS • Greater flexibility in course selection, many pursue double majors

  11. Masters Programs • MA IN FINANCIAL ECONOMICS Combines coursework in both finance and economics, an ideal preparation for employment in the financial sector • MA IN ECONOMICS • Allows students to take a wider variety of courses in economics

  12. Doctoral Study Graduates have entered Ph.D. PROGRAMS IN ECONOMICS at: • Ohio State • University • West Virginia University • University of • Michigan

  13. Internships and Study Abroad

  14. Student Organizations • Omicrom Delta Epsilon (honorary society) • Economics Club

  15. Scholarships • The department awards approximately • $20,000 in scholarships per year • Robert G. and S. Ann BerichMaigetter Scholarship • Paul and Marguerite K. Thomas Scholarship • Joseph E. Smith Award

  16. Faculty have a Wide Range of Research Interests “The Determinants of Foreclosed Property Values: Evidence from Inner City Cleveland” Albert Sumell, Journal of Housing Research “Common and country specific components in national stock prices” OuHu, Journal of Multinational Financial Management “ Entrepreneurship in Post-Socialist Economies” TomiOvaska and Russell S. Sobel, Journal of Private Enterprise “Traditional Public Schools versus Charter Schools: A Comparison of Technical Efficiency” Joseph Palardy and Todd Nesbitt, Economics Bulletin “The Disadvantaged Incumbents: Estimating Incumbency Effects in Indian State Legislatures” Yogesh Uppal, Public Choice

  17. You and Economics? Think about it…

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