Congratulations to Economics faculty Delia Furtado, who has received promotion to Professor, and Tianxu Chen, promoted to Associate Professor in Residence!
The University of Connecticut Board of Trustees approved the promotions at their Board meeting on Wednesday, April 17th.
Professor Langlois recently participated in the Janus Forum Lecture Series at Brown University, joining Tim Wu, who was President Biden’s special assistant for technology and competition policy, in conversation about the regulation of Big Tech industries.
The lectures are sponsored by the Center for Philosophy, Politics, and Economics at Brown.
Students in Professor Smirnova’s Financial Economics and Money and Banking classes were visited by UConn Alumna, Mara Gauger (’13) on Tuesday, April 9, 2024.
Mara Gauger graduated from UConn with BA degree in Economics in 2013. After graduation, she worked at Citi, and achieved the level of Assistant Vice President. Since 2016 she works at Deloitte.
Mara Gauger is currently a Senior Manager Deloitte’s Capital Markets practice with extensive experience supporting securities firms and broker-dealers. Mara focuses on assisting firms on topics related to securities operations, trading systems, and risk management programs. At Deloitte, Mara has been a lead in the SEC Rule 613 Consolidated Audit Trail project office as well as assisting firms in their design and implementation of the rule requirements. Mara is also a core member of the Deloitte team supporting SIFMA, ICI, and DTCC’s efforts to analyze the impacts of an accelerated settlement cycle (T+1) since inception.
The goal of Mara’s visit was to familiarize students with careers in the financial sector, and mentor them on how to get their first job upon graduation from UConn with the Economics degree. Mara generously shared her wisdom about how to navigate the process of job and internship search: what to showcase on the resume to stand out; how to network through LinkedIn and HuskyLink; how to prepare for and conduct interviews; how to utilize the Career Center and Career Fairs; and what skills and career competencies are in demand in the marketplace.
Students were able to ask questions pertaining to their career aspirations and their experiences with internships and job search. Students who are seniors were the most vocal and were able to ask the most pointed and specific questions. Students who are juniors and sophomores received a motivational advice to start their networking as early as possible. Mara suggested utilizing HuskyLink as the first step of connecting with the UConn alumni.
Mara shared that her visit to UConn is the way to give back to her Alma Mater after working in the financial industry for 10 years. She was very supportive of students’ inquiries and honest about identifying the competitiveness of the industry and challenges of getting the first job out of college. Students took her advice and candid conversation in stride. They were encouraged by Mara to continue their studies, gain career competencies, and confidently showcase their strengths and skills to the employers.
Thank you, Mara Gauger (’13) for visiting us at UConn Stamford. We really appreciate it!
UConn-Stamford was an official Watch Party for the Women in Economics Symposium 2024. The Symposium’s goal is to showcase the role of women in Economics profession and inspire students to pursue majors and careers in Economics.
This year, the agenda included interesting conversations about careers with BA and MA degrees, about getting the first job, and the keynote address by the newest Governor of the Federal Reserve Board, Adriana Kugler.
Stamford students enjoyed the discussion about economics’ role in their career preparation, interactive activities provided by the organizers, togetherness, and camaraderie. And, of course, pizza and cookies provided by the Honors Program.
Jonathan was on hand to provide additional spiritual support!
The Department of Economics recently held the 2024 Spring GA Training Seminar in Herbst (formerly Oak) Room 337 on March 29, 2024. This seminar provided a crucial platform for student instructors to develop teaching skills and foster discussions on effective teaching methods. Professor Richard Langlois, Professor Olivier Morand, and Professor Tianxu Chen, shared invaluable insights with first-time student instructors in the meeting.
The seminar started with Professor Morand’s presentation, focusing on the pedagogy of teaching quantitative content. Through interactive discussions, he emphasized the importance of learning styles and clarity in teaching.
Professor Langlois primarily discussed tips for teaching writing-intensive courses (W class), drawing upon his extensive experience in the field. He shared strategies for effectively engaging students in such courses.
Lastly, Professor Chen addressed the challenges encountered by student instructors in their teaching roles. She offered insights into fostering attendance, promoting student interaction, and managing email communications adeptly.
The seminar concluded with an open discussion, providing participants with the opportunity to exchange experiences, address challenges, and seek guidance from peers and faculty mentors. Through collaborative exchanges, attendees garnered inspiration, valuable insights, and peer support to refine and elevate their teaching practices. This seminar was coordinated by Professor Chen, and it is part of ECON 6492: Teaching Economics—a recently developed course tailored for first-time student instructors.
Professor Smirnova was selected to receive 2024 Thomas E. Recchio Faculty Coordinator Award for Academic Leadership for her work with the Early College Experience Program.
This award recognizes a University of Connecticut faculty member serving as the UConn Early College Experience Faculty Coordinator for their discipline in an exemplary or unique fashion.
With over 50 UConn ECE Faculty Coordinators, there is a very competitive nomination pool every year, and the review committee is challenged to identify the top candidates.
In addition to day to day work of innovation, inspiring and empowering ECE Economics instructors at our partner schools throughout the state, and promoting University of Connecticut resources that enhance UConn Early College Experience, Dr. Smirnova received a very strong nomination from the ECE Economics instructor, Colleen Peling from William Hall High School in West Hartford, making it clear that Natalia was a top candidate.
Economics is the biggest UConn ECE cohort with 58 ECE certified Economics instructors representing 42 different partner high schools across the state.
The ECE Office and all ECE Economics instructors from UConn partner schools congratulate Dr. Smirnova on this respected professional achievement and commend her for the steadfast dedication to UConn, all ECE students and Instructors, and the UConn Early College Experience Program.
The Department of Economics is hosting the UConn Leafy LAEF Macro Conference in Storrs, CT, on October 25-26, 2024, jointly with the Laboratory for Aggregate Economics and Finance (LAEF) at the University of California, Santa Barbara.
LAEF was established in July 2005 to address important questions on growth and fluctuations in national, or aggregate, economies. It is directed by Professor Finn Kydland, Nobel Laureate (2004), Jeffrey Henley Professor of Economics at UCSB.
The conference will feature approximately 9 to 10 papers. Submissions from all areas of macroeconomics and adjacent fields are welcome. We hope you will find this conference of interest and will submit your work. The submission deadline is April 30, 2024.
You can find the call for paper and the submission portal here.
The economic historian and UConn baseball fan talks about his new role leading the department, which he began in January.
The UConn Stamford College Fed Challenge 2023 team attended the College Fed Challenge Open House at the Federal Reserve Board of Governors in Washington, D.C. on February 9, 2024.
At the Open House, students had the opportunity to network with their peers, hear from Chairman Jerome Powell and staff from the Monetary Affairs division – all in celebration of the 20th anniversary of the Board hosting the College Fed Challenge finals.
This trip has an educational value that cannot be replicated through any other venue. Students’ learning outcomes included: 1) experiential learning at the Federal Reserve Board of Governors; 2) deeper knowledge acquisition of the structure of the Federal Reserve Board, conduct of monetary policy, and internship and employment opportunities at the Board; 3) networking with the Federal Reserve officials and students from other universities.
The highlight of the trip was the meeting with Chairman Powell and taking a picture with him.
The trip was organized by Professor Smirnova, the faculty adviser to the team, and made possible by collaborative efforts of the Economics Department, CLAS Associate Deans Office, the Business School, and the Stamford campus. The students are grateful for the opportunity to expand their economics knowledge and career competencies such as teamwork, professionalism, and career and self-development.
We ate the cake too!
The UConn Stamford team participated again this year in the College Fed Challenge national competition. The College Fed Challenge is a team competition for undergraduate students. Teams analyze economic and financial conditions and formulate a monetary policy recommendation, modeling the Federal Open Market Committee.
The Fall 2023 Stamford team consisted of seven students who represent a diverse set of majors and minors at the Stamford campus.
Daniel Barreto, Team Leader. He is a senior majoring in Economics. His passion lies in understanding the intricate workings of the economy, a skill he found invaluable in his ventures within financial markets. One of his primary career goals is to perpetually expand his knowledge and push his limits in life. His part-time position at a law firm, which commenced in the spring, has played a pivotal role in advancing his aspirations of becoming a corporate lawyer. Daniel’s summer fellowship at WaveAerospace provided him with invaluable insights into the dynamics of a small business startup. It was an experience that deepened his understanding of economics and business, further propelling him toward career goals. Upon graduation, Daniel plans to pursue further studies in corporate law. Read Daniel’s reflection here.
Felix Brito-Velazquez is a senior majoring in Economics. He has embarked on his journey in economics driven by a genuine interest in how money shapes our society. His passion for economics started as he experienced the consequences and witnessed the complexities behind Venezuela’s economic collapse, a crisis triggered by government intervention in the central bank and private sector. This early curiosity has since evolved into a broader interest including politics, finance, and history. In parallel to his academic pursuits, he has spent the last five years as a Personal Banker at Bank of America, where he has had the opportunity of helping individuals navigate their financial decisions. It’s his deeply held aspiration to merge his academic knowledge, real world experience, and enthusiasm to play a meaningful role in crafting a more equitable economic environment for all. Read Felix’s reflection here.
Kevin Jankowski is currently in his third year at the University of Connecticut, where he is studying Financial Management with a minor in Economics. Kevin is passionate about his academic pursuits and has plans to continue his education with a master’s degree in quantitative risk management. Kevin’s career goal is to enter the world of Investment Banking. He is dedicated to working hard and seizing opportunities to expand his knowledge and skills. Read Kevin’s reflection here.
Tuan Kiet Tran comes from Vietnam. He is a sophomore majoring in Marketing Management. The striking cultural contrasts between his homeland and the US have opened his eyes not only to the vast economic disparities but also to the power of decision-making on a global scale. His passion for economics stems not merely from textbook theories but from witnessing the profound impact that decisions made by a few can have on the lives of millions. This understanding deepened as his personal hobby of cooking confronted him with the stark reality of escalating grocery prices. The surge in daily expenses prompted his curiosity, leading me to participate in the Fed Challenge. Kiet’s involvement in the Fed Challenge further enriched his understanding, demystifying the forces behind inflation and potential countermeasures. As he continues his academic journey, he remains committed to bridging the gaps between theory, personal experiences, and real-world implications. Read Kiet’s reflection here.
Parth Trivedi is a senior majoring in Economics. As a teenager, he had a passion for economic theory which he was able to nurture with the guidance of the Econ department at UConn. The Federal Reserve Challenge has lived up to its name, testing Parth’s analytical and communication skills. Though Parth had hoped to win, he hopes that the experience of a competition itself will allow him to prove himself capable as a professional Economist.
Noah Park is the Student Body Vice-President and a senior majoring in Digital Media & Design and minoring in Economics. Noah was honored to represent our university’s economics team, especially for the prestigious College Fed Challenge competition at the Federal Reserve Bank of New York. As a team member, Noah closely examined and forecasted trends within the current housing market. While his primary major may seem distinct from economics, he firmly believes in the importance of understanding financial markets across all sectors. His passion for economics was ignited by his fascinations with numbers, especially measuring statistics for his favorite sport, the NBA, as well as his desire to comprehend the complexities behind the 2008 housing market crash, a pivotal event that highlighted the far-reaching consequences of economic shifts today.
Noah’s commitment to both design and economics is a testament to the diverse and integrative education offered at UConn-Stamford, demonstrating the symbiotic relationship between design thinking and economic acumen. Post-graduation, his aspirations are both clear and ambitious. He intends to seamlessly weave business and economics in his personal endeavors, focusing on individuals, particularly those with ADHD. By tapping into the synergies of his academic background, Noah plans to devise strategies to empower individuals with ADHD to enhance their executive functioning skills, enabling them to lead more fulfilled and productive lives. In tandem with this venture, Noah is fervently pursuing a part-time position as a summer TA at Yale University. This role promises to be a keystone in his academic journey, facilitating his advancement in the management master’s program and allowing Noah to further delve into the confluence of design, economics, and impactful pedagogy. Read Noah’s reflection here.
Adrien Vincent is a sophomore pursuing Financial Management with a passion for entrepreneurship. Throughout his college experience, Adrien has strived for success in the business world through various internships and the Student Government CFO of UConn Stamford. His drive for business ventures has allocated his goals in various directions, which gratefully enabled him to join the Fed Challenge Team at Stamford. Aside from Adrien’s business ventures, he enjoys branching out into other interests and hobbies, such as playing in chess tournaments, producing music, and going camping. Read Adrien’s reflection here.
The 2023 competition was still virtual, but the Orientation at the Federal Reserve Bank of New York was in-person. The 2023 team’s video is available here.
The experience of the College Fed Challenge competition is an extraordinary way to build career competencies. As students reflected in their essays, the course teaches them not only economics knowledge, but also critical thinking, communication, and team building skills. Participation in this competition becomes a cornerstone of their academic career at UConn and is offered as ECON 3492-Practicum course.