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January 16, 2017
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Economics Department Newsletter
Poverty, Inc. Screening
Wednesday, January 18
7:15pm
Schapiro 129
Sponsored by AEI Williams Executive Council
Pizza will be served.
"Fighting poverty is big business. But who profits the most? From TOMs Shoes to international adoptions, from solar panels to U.S. agricultural subsidies,
POVERTY, INC. plays the gadfly in this eye-opening examination of Western interventions in the developing world."
Looking for a course for spring semester? 
Junior econ majors: if you're still looking for a course for spring semester, consider Econ 457 (Public Economics Research Seminar). All econ majors are required to take at least one econ elective numbered 450- 480 before the end of senior year. There's plenty of room in this one, and due to leave patterns it may be harder to get into such a course next year. This is a particularly good course to take if you're thinking about writing a senior thesis. You can find the syllabus from the previous time this class was taught here.


 
Interested in an Econ Tutorial? 
There are a few spaces open to undergraduates in the following courses (Note: these courses do not automatically show up in PeopleSoft, but there is a pull down menu that should reveal CDE (5XX) courses.

-- Econ 534T, Long Term Fiscal Challenges. This tutorial will address the conceptual and theoretical issues that confront policy makers when they face policy challenges that are likely to emerge only over the medium- to long-term and that have important budgetary implications. It will explore the strategies and approaches that a number of countries have attempted to develop to bring the long-term into their current policy and budgetary planning processes. Students will be exposed to different long-term challenges that have important budgetary implications, including aging populations, health care, climate change, energy and infrastructure, and water. The course will consider the specific policy challenges that arise for each and the ways in which different countries are addressing them. Please contact Professor Heller (pheller@gmail.com) for more information and for the permission of the instructor. 
 
-- Econ 532T, Inclusive Growth: The Role of Social Safety Nets.  Designing and implementing effective national strategies to promote inclusive economic growth can require difficult policy reforms, sometimes with adverse short-term impacts for vulnerable groups within society. Social safety nets provide a pro-poor policy instrument that can balance trade and labor market reform, fiscal adjustments (such as reduced general subsidies) and other economic policies aimed at enabling better market performance. In addition, social safety nets help the poor to cope with shocks to their livelihoods, promoting resilience, human capital development and sometimes high-return risk-taking. This tutorial will offer students the opportunity to explore the role of social safety nets in promoting inclusive economic growth, drawing on case studies from Africa, Asia, Latin America and Eastern Europe. The first part of the tutorial will define social safety nets within the broader context of social protection, examining the diversity of instruments and their linkages to economic growth. The second part will delve more deeply into the design and implementation of effective interventions, assessing program choice, affordability, targeting, incentives and other issues. The third part will analyze the role of social safety nets in supporting economic growth strategies, drawing on international lessons of experience. Please contact Professor Samson (msamson@williams.edu) for more information and for the permission of the instructor. 
On-Campus Recruiting:
AEI Information Session
Thursday, January 19
7:00pm
Mears Lewis Room, Mears House

Come learn about public policy think tanks, internships and full-time/entry-level positions, and the history of American Enterprise Institute during this information session.  More information here.



Internships:
Summer Research Intern
Federal Reserve Bank of Kansas City

This position is a great opportunity for an undergraduate considering pursuing a Ph.D.  More information here and here.  Application deadline:  February 15, 2017


Post-Graduation Opportunities:
Research Associate
San Francisco Federal Reserve
"The Federal Reserve Bank of San Francisco is looking for recent and forthcoming graduates to assist with the vital work of the Economic Research Department [beginning in June/July].  Research Associates typically stay with the Department for two years, with many going on to competitive graduate programs. The Bank’s tuition reimbursement program and flexible work schedule also serve to encourage continued learning.  The position is ideal for students considering further graduate work, particularly in economics and finance."
Online application
Email for questions


Research Assistant
Federal Reserve Board
Washington, D.C.

"Each year, the Board hires approximately 70 recent graduates in economics, math, or related fields as RAs... While at the Board, RAs work closely with economists and analysts on a broad range of topics covering real-world policy issues and academic-type research.  After their time at the Board, many of our RAs move on to top graduate school programs."  Application details are located on their website.
  Deadline:  January 31, 2017
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