Announcements

Professor Langlois wins the Alfred and Fay Chandler Book Award

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The Corporation and the Twentieth Century book coverThe Harvard Business School Business History Review announces that Professor Richard Langlois has won the Alfred and Fay Chandler Book Award for his book The Corporation and the Twentieth Century: the History of American Business Enterprise (Princeton University Press, 2023).

2022-2024 Alfred and Fay Chandler Book Award

We are pleased to announce that Richard N. Langlois has won Business History Review’s 2022-2024 Alfred and Fay Chandler Book Award for his book, The Corporation and the Twentieth Century: The History of American Business Enterprise.

This award is given once every three years to the best book in the field of business history, published in the United States, as determined by a vote of the Editorial Advisory Board of Business History Review.

https://www.hbs.edu/businesshistory

The Corporation and the Twentieth Century also received the Alice Hanson Jones Prize from the Economic History Association, and was a finalist for the George R. Terry Book Award of the Academy of Management.

Econ major Andy Zhang inducted into the Phi Beta Kappa Society

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Excellence in liberal arts and sciences, a commitment to intellectual curiosity, and a relentless pursuit of knowledge—these are the hallmarks of the Phi Beta Kappa Society. Today, we celebrate Andy Zhang, an outstanding economics and environmental sciences major whose dedication and brilliance have earned him a place among the nation’s most distinguished scholars. With a legacy that includes presidents, Supreme Court justices, and Nobel laureates, it represents the highest honor in academic achievement. Congratulations on this well-deserved honor! Read more: Junior Named Key Into Public Service Scholar – UConn Today

Andy Zhang '26 (CLAS) poses for a photo near Wilbur Cross on Tuesday, April 29, 2025

Professor Langlois Publishes Advanced Introduction to the Economics of Organization

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Book Cover of Advanced Introduction to the Economics of OrganizationProfessor Langlois’s book Advanced Introduction to the Economics of Organization has been published in the Elgar Advanced Introduction series:
This incisive book presents a succinct overview of the economics of organization. Combining traditional approaches with more challenging, cutting-edge perspectives, Richard N. Langlois critically examines the ways in which tasks and transactions in the economy are organized.

Drawing on a diverse array of historical and real-world examples, chapters outline key principles of the field including division of labor, transaction costs, moral hazard, and asset specificity. This Advanced Introduction investigates ‘organization’ more broadly, delving into underexplored areas such as capabilities and routines, evolutionary selection, dynamic transaction costs, and modular systems.

UConn Storrs Fed Challenge Team Advances to National Finals

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Congratulations to the UConn Storrs Fed Challenge team!

Over the past few days, the undergraduate students on the Fed Challenge team competed in the Boston Federal Reserve (Boston Regional) Fed Challenge competition, and they excelled – first advancing to the Boston Regional Finals, and then advancing to the National Finals.

As a result, in November the team members will be presenting their economic forecasts and monetary policy recommendations to the Federal Reserve in Washington, DC. This is an exceptional achievement.

A brief recap of the Boston event…  On Friday, October 18th, the team competed with 23 other universities and colleges in the New England Boston Federal Reserve district. For the first round, the 24 teams (universities and colleges) were divided into six groups of four, with the winner of each group moving on to the Boston Regional Finals.

The UConn team won in its group, and earned its spot in the Regional Finals, joining the other five other Regional Finalists (Yale, Harvard, Wellesley, Babson and Dartmouth) to compete in a final round on Sunday. The final round would decide which three of the six Regional Finalists would move on to the National Finals.

UConn competed against the schools in the Regional Finals, presenting analyses of current macroeconomic conditions and monetary policy recommendations and fielding questions from Boston Federal Reserve economists.  The UConn team was outstanding, and by the end of the day had made it to the National Finals along with two other teams.

The three New England Universities to move on are Yale, Harvard and UConn.

Congratulations to our student team members for all of their hard work and accomplishments!

The students are:

            Viren Chainani (presenter)
            Spencer Thompson (presenter)
            Claire Dobbins (presenter)
            Rai Kumar (presenter)
            Katrina Melnik (presenter)
            Nameeda Elmi
            William Infante
            Lilla Korniss
            Evelyn Zhou
            John Mclean

The faculty advisors are Derek Johnson and Owen Svalestad.

Professor Langlois wins the Alice Hanson Jones Prize

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The Corporation and the Twentieth Century book coverProfessor Richard Langlois has won the Alice Hanson Jones Prize for his recent book The Corporation and the Twentieth Century: the History of American Business Enterprise (Princeton University Press, 2023).

The prize, announced on September 7 at the 2024 meeting of the Economic History Association, the professional society of economic historians, is awarded every other year for an outstanding book on North American economic history.

The Corporation and the Twentieth Century was also a finalist for the George R. Terry Book Award of the Academy of Management.

Economics Faculty Delia Furtado and Tianxu Chen Receive Promotions

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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.

UConn Celebrates Promotion and Tenure of 91 Faculty

 

2024 UConn Leafy LAEF Conference

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2024 UConn Leafy LAEF Conference Logo

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.

Stamford Students meet Chairman Powell at the Federal Reserve Board

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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.

Group photo of Fed Chairman Powell standing with Stamford students and Professor Natalia Smirnova
First row: (from left to right) Kiet Tran, Professor Smirnova, Chairman Powell, Adrien Vincent, Kevin Jankowski; second row: (from left to right) Noah Park, Felix Brito-Velazquez, Parth Trivedi

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!

Cake