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Economics GA Training Seminar – Fall 2023

The 2023 Fall Economics Graduate Assistant (GA) Training Seminar was held in Herbst (Previously Oak) 312 on November 1, 2023. The GA training seminar was designed to help student instructors and graduate assistants in the Economics Department succeed in their teaching roles at UConn, and to help promote their professional development.

During the event, Professor Talia Bar, Professor Tianxu Chen, Professor Delia Furtado and Professor Derek Johnson shared their teaching experiences, and addressed a variety of issues/questions raised by our student instructors and GAs. Specifically, the topics addressed in the seminar included (1) responsibility of instructors, (2) evaluation of teaching, (3) improving attendance, (4) responding to students’ emails, (5) suggestions for first time teaching, and (6) disputes between instructor and student.

Student instructors teaching in Fall 2023 and other GAs participated in the seminar. They also shared their teaching experiences, and the challenges they face, with the faculty and their peers. The event was a big success, and provided valuable support for our student instructors and GAs. The seminar was coordinated by Professor Chen, who is also the instructor for ECON 6492: Teaching Economics, the newly designed course for first-time student instructors.

 

 

Master of Science in Quantitative Economics (MSQE) at Fall Career Fairs

Professor Harmon and MSQE Students
At the Storrs Career Fair, four of our third-semester MSQE students and two of our first-semester MSQE students visited our table as they made their way through the fair. Pictured below are Prof. Oskar Harmon, MSQE students: Khoa Tran and Colin Pavel.

Professor Oskar Harmon and Graduate Program Assistant Lisa Bono represented the MSQE Program at three UConn Career Fairs this Fall semester – the UConn Storrs All Majors Career Fair, the UConn Storrs Stem Career Fair, and the UConn Stamford Career Fair.

Professor Harmon and MSQE Students
At the Stamford Career Fair, our first-semester Stamford-based MSQE students and several undergraduates visited our table. Pictured below are Joao Benites (MSQE), Prof. Oskar Harmon, Serhiy Kotsopey (MSQE) and Stamford student Eraldo Ndoj.

At the table we distributed brochures describing the program, gave away some of our branded swag, including a raffle for an MSQE custom-made Columbia fleece jacket, and signed students up for our upcoming Info Sessions and Newsletters.

From seniors interested in the MSQE Program and undergraduates interested in the “4+1” accelerated program option, we collected 60+ email addresses from the Storrs and Stamford Fairs. We also networked with many recruiters interested in learning more about the MSQE program and in potentially hiring MSQE graduates.

 

Stamford Student Presents Research at NYSEA

Matthew Dalzell (’25) (left) receives a participation certificate at the NYSEA annual conference on October 21, 2023. NYSEA officials from left to right: Dr. Platt, President, SUNY Old Westbury, Dr. MacDonald, Vice President, CUNY College of Technology, and Dr. Ikwueze, Board of Directors, CUNY Queensborough.
Matthew Dalzell (’25) (left) receives a participation certificate at the NYSEA annual conference on October 21, 2023.
NYSEA officials from left to right: Dr. Platt, President, SUNY Old Westbury, Dr. MacDonald, Vice President, CUNY College of Technology, and Dr. Ikwueze, Board of Directors, CUNY Queensborough.

Matthew Dalzell’s (‘25) research paper “The Impact of Privately Owned Buses on Carbon Dioxide Emissions in Connecticut”, written in the Spring 2023 during the ECON 3431W Public Economics course taught by Professor Smirnova at the Stamford campus, was accepted for presentation at the New York State Economics Association (NYSEA) as part of the undergraduate papers competition.

On October 21, 2023, Matthew Dalzell (‘25) presented his research to a panel of judges among seven undergraduate papers that were selected.

The submitted research papers are judged in two rounds. The first round consists of the assessment of quality of papers by judges, who are professors of economics, finance, and business at various universities-members of NYSEA. From a dozen submitted undergraduate papers, seven were selected for the second round and invited to present at the conference.

The second round, which consists of paper presentation, was held as part of the NYSEA annual conference. This year, the conference was held on the campus of SUNY Old Westbury on Long Island, NY. Seven selected papers were presented at an open forum in front of the panel of judges as well as of other conference attendees (professors, professionals, and graduate students). Within this round, the presentation skills, and the ability to defend one’s research were assessed.

Matthew Dalzell (’25) provided a thorough presentation and answered many questions from judges and audience as he passionately talked about the impact of transportation industry on climate change. He put forward several policy ideas about mitigation of CO2 emissions in Connecticut.

The exposure of undergraduate students to outside audiences as they present their research helps them develop such career competencies as professionalism, communication, and self-development.

Congratulations, Matthew, on the job well done!

PhD Students Studying Migration on the Move

Treena Goswami presented her paper, “Immigrants and Labor Market Decisions of Older Natives“ at the Population Association of America (PAA) Annual Meeting held in April this year in New Orleans. She will start a position at the University of Virginia’s Biocomplexity Institute in the Social and Decision Analytics Division.

In May, Abdulmohsen Almuhaisen presented his paper, “Immigration Enforcement and the Institutionalization of Elderly Americans ,” coauthored with Professor Delia Furtado and Catalina Amuedo-Dorantes from UC-Merced, at the Annual Meeting of the Society of Labor Economists (SOLE) in Philadelphia. He will return to Saudi Arabia to work at the Saudi Central Bank in the late summer.

Both were hooded at this year’s Commencement Ceremonies by advisor, Professor Delia Furtado.

Congratulations and good luck, Treena and Abdulmohsen!

PhD Students Hooded in University’s Commencement Ceremony

On a picture perfect Spring evening, several doctoral students participated in the University’s Commencement exercises. Major advisors hooded their students while friends and family members watched either in person from the Jorgenson or online from thousands of miles away at very inconvenient times given different time zones.

The joyous occasion was at times quite somber given the recent passing of Professor Jorge Agüero. As Professor Agüero’s student, Miranda Mendiola Valdez, crossed the stage, special recognition was given to honor the moment. The entire Jorgensen clapped as Professor Delia Furtado hooded Miranda. Miranda will begin a tenure track position at North Central College in the fall.

2023 Spring Awards Banquet

Uconn sealOn April 13, the department convened for an awards banquet that recognized the best among undergraduate and graduate students, as well as faculty. This year’s award recipients are:

Undergraduate Awards

Economics Department General Scholarship

Pin Lyu
Justin Wu

Kathryn A. Cassidy Economics Scholarship

Solaiman Chowdhury
Annaliesa Wood

Rockwood Q. P. Chin Scholarship

Lila Pickerign
Stratton Stave
Ruoqi Wang
Qiaozhi Zhou
Ziyun Zhou

Louis D. Traurig Scholarship

Aidan Adams
Erik Choi
Ian Ferguson
Nadine Fernando
Sophia Lemirei

Paul N. Taylor Memorial Prize

Colman Tokar

Julia & Harold Fenton and Yolanda & Augustine Sineti Scholarship

Annelise Montuori

Charles Triano Scholarship

Summer Beebe
John Doran

Dr. Joseph W. McAnneny Jr. Scholarship

Adem Aksoy
Dylan Champagne
Keven Coşgel
Eleanor Gross
Anthony Ho
Shuhan Jiang
Isabella McClure

Ross Mayer Scholarship

Jackson Bright
Virag Korniss


Graduate Awards

Albert E. Waugh Scholarship

Miranda Mendiola Valdez

W. Harrison Carter Award

Matthew Brown
Victor Volkman

Abraham Ribicoff Graduate Fellowship

Abdulmoshen Almuhaisen

Timothy A. and Beverly C. Holt Economics Fellowship

Satadru Bhattacharyya
Xiaofeng Gong
Phillip Hwang
Shangyue Jiang
Meng Song
Feifan Wang
Xinrui Wang

Economics Department Research Excellence Award

Anastassiya Karaban

Best Third Year Paper Award

Kunze Li

 

Faculty Awards

Grillo Family Research Award

Daniela Vidart

Grillo Family Teaching Award

Jorge Agüero

Employee Appreciation and Farewell

Rosanne Fitzgerald
Nishith Prakash

Faculty Recognition: National Academy of Sciences

Kathleen Segerson

 

Congratulations to everyone!

 

Women in Economics Symposium

Women in Economics Group Photo at Stamford
Stamford students with Dr. Ritter at the start of the Women in Economics Symposium on February 23, 2023

On February 23, 2023, the Federal Reserve Bank of St. Louis hosted the annual Women in Economics Symposium. This year the theme was “Role Models Matter”. The agenda included notable women-economists, who shared their love of economics, their research, and their wisdom about how to build and navigate a career path in economics.

The symposium was held in a hybrid format, in which the in-person conference in St. Louis was combined with Watch Parties across the country. Professor Natalia Smirnova arranged for the Economics Department to hold two Watch Parties, in Storrs and in Stamford.

In Stamford, the symposium was designated as the Honors Program event, and they provided pizza and other snacks. Honors Program Assistant Director, Ms. Heenehan, helped with all the logistics during the preparation stage. Economics Professor, Dr. Patricia Ritter hosted the event. Nearly 20 students from political science, economics, and business attended the symposium. We thank Political Science Professor, Dr. Ginsberg for promoting the conference in her classes.

In Storrs, the organization of the Watch Party was done by Women and Minorities in Economics Club. This Club’s activities include speaker series and various events focusing on promoting fruitful discussion about women and minorities’ issues among Economics majors.

At the 2023 Women in Economics Symposium, students heard from exciting role models with fascinating careers in economics while also learning some practical tips about job searching, finding a mentor, and more. As we aspire to develop in our students the career readiness competencies, an exposure to national leaders in economics profession allows students to navigate career opportunities, network to build relationships, and clearly and effectively exchange information and perspectives with persons inside and outside of their home campus. These skills are transferable to students’ post-graduation career and will help them showcase their professionalism during job search and interview processes.

 

First Graduate Assistant Orientation in the Department of Economics

The Department of Economics successfully held its first Graduate Assistant (GA) Orientation on January 16, 2023. The GA Orientation was coordinated and led by Professor Tianxu Chen. The event has been designed to support our GAs/TAs and student Instructors by providing them with strategies and tools to successfully start and manage their teaching responsibilities. It also aims to help promote their professional development in teaching.

The orientation invited David Des Armier from the Center for Excellence in Teaching and Learning (CETL) to share information about how to design a HuskyCT course webpage, as well as to familiarize GAs with University policies and CETL resources. During the orientation, Professor Talia Bar, Professor Tianxu Chen, Professor Mike Shor and Professor David Simon also shared their teaching experience with the GAs, and provided advice on a wide range of topics including lecture preparation, academic integrity, class engagement, and ensuring an accessible environment for students with disabilities.

The GA orientation had a great turnout. Over a dozen of PhD students from different cohorts attended the event, and we expect it to be held regularly in the future.

GA OrientationGA Orientation

Economics Major Nidhi Nair is UConn’s First Schwarzman Scholar

Nidhi Jayakumar Nair in Oak Hall
Nidhi Nair in Oak Hall (Sydney Herdle/UConn Photo)

Economics undergraduate student Nidhi Nair has been featured in UConn Today as the university's first-ever recipient of the prestigious Schwarzman Scholar award.

Nair is an honors student double-majoring in economics and mathematics-statistics and was selected from more than 3,000 applicants to join a cohort of 150 other Schwarzman scholars from around the world in Beijing to complete a one-year master's degree. Recipients of this award are selected on the basis of leadership abilities and potential to bridge political and cultural differences.

Nidhi Nair founded last year's Invisible Hand Economics seminar series and is the president of the UConn Economics Society, as well as being involved in the Women and Minorities in Economics organization here at UConn. Nair has worked on multiple economics research projects here at UConn, and has completed several research and advocacy focused internships at different organizations.

Nair noted the support of her Honors advisor, Economics Professor Richard Langlois in her interview for UConn Today: "Dr. Langlois has also been a source of support and has provided invaluable advice on carving out a strong career in economics that advances my interests in socioeconomic mobility and microeconomic analysis."

Read the full article online: Nidhi Nair '23 Named UConn's First Schwarzman Scholar

Two Competitions for the Stamford Fed Challenge and FDIC Academic Challenge Team

UConn -Stamford Team 2022.
From left to right back row: Anthony Santiago, Neel Talati, Jonathan Portanova, Robert Martin, James McQuade. From left to right front row: Alyssa Pelletier, Briana Hardy

This Fall, Stamford students enrolled in ECON 3492 “Practicum” participated not in one, but in two national competitions: College Fed Challenge and FDIC Academic Challenge.

Dr. Natalia Smirnova, Stamford “Practicum” instructor, argues that each competition is unique and encourages students to develop different skills that are valuable to their future career. This year, she added FDIC Academic Challenge as a complementary activity to the existing “Practicum” structure. The timing works perfectly: Fed Challenge is heavy at the beginning of the semester (submission in October), FDIC Challenge starts in November. The skills that students learn are complementary: the Fed Challenge focuses on the oral presentation skills and macroeconomic knowledge; the FDIC Challenge focuses on the writing skills (students write an analytical report) and microeconomic analysis. Both competitions have learning goals of data literacy, analytical, research skills, teamwork, and economic analysis.

The Stamford 2022 team consisted of seven students.

Alyssa Pelletier (Team Leader) is a Junior majoring in Financial Management at UConn. This is her second semester on the College Fed Challenge team. Her interests include finance and data analytics, utilizing demonstrated collaboration, organization, and problem-solving skills. In her free time, she enjoys dancing and beach trips. Through this competition, Alyssa learned how to analyze economic / financial conditions, to formulate monetary policy recommendations. She developed a better understanding of how different sectors / industries contribute to the decisions of the Fed. Alyssa selected the Technology sector, as she was interested in researching how technology is reshaping productivity and employment opportunities. She focused on digital transformation, and how the nature of work is changing as a result of technological advances. In this course, Alyssa had the opportunity to gain insight into an industry of interest, while developing career-valued skills like leadership, critical thinking, and teamwork. Here is the link to Alyssa’s reflection at the end of the course.

Briana Hardy is a second semester Junior majoring in economics and minoring in psychology at UConn Stamford. Growing up in Stamford, she planned on transferring to Storrs for her junior year. However, as for many other people, the pandemic disrupted her plans and she decided to take a gap year. During that gap year she worked full time to help her family who were directly impacted by the recession of the pandemic. During that gap year she worked for a local community bank as a teller and then was given the opportunity to learn the beginning processes of credit risk management as a paid intern. This caused her to become more interested in economics and banking. During her gap year she also worked at a grocery store and was able to see firsthand how the pandemic disrupted many sectors of the local economy and supply chain as well. During her free time Briana is learning to speak Spanish, she enjoys investing in the stock market, and she loves to travel. After she completes her undergraduate degree, she plans on working in the banking industry. After obtaining some work experience, she wants to go back to school to obtain a graduate degree. For the College Fed Challenge, Briana decided to look further into the supply chain because of her firsthand experience in seeing how incidences outside of the financial world are, in fact, interconnected in our economy. Here is the link to Briana’s reflection at the end of the course.

Robert Martin is a current second semester Senior at UConn Stamford majoring in General Studies with a focus in Economics. He transferred to UConn his Junior year after attending Saint Joseph’s University where he majored in Business Intelligence and Analytics. He opted to switch to General studies at UConn to learn a wide variety of courses including economics, psychology, and communications to help him more in the wine industry. During his free time Robert enjoys golfing, going to the gym, and trying out new restaurants. After he completes his undergraduate in December 2022, he plans on working in the wine industry to continue to grow his wine knowledge. Throughout this challenge Robert selected the housing sector, to get a better understanding how the housing market affected the general economy and showed the growth and trends within the industry. Here is the link to Robert’s reflection at the end of the course.

James McQuade is a Senior at UConn, majoring in Economics. This is his first semester as a Practicum team member and his second semester taking coursework in monetary policy. James is interested in pursuing a career in analytics, most likely in financial services. However, he is open to opportunities in other fields conducting economic or financial analysis, i.e., credit analysis, insurance analysis, healthcare analysis, etc. He completed a summer internship in the Wealth Management department at Raymond James Financial Inc. under the Vice President of Investments in Westport, CT. He has utilized his aptitude for critical thinking as well as his knowledge of economic and financial markets to conduct research regarding the effects of commodity prices on macroeconomic forces including production costs and consumption. As the needs of team changed, he has also conducted research regarding consumer sentiment and its possible implications on the Fed’s policy to maintain price stability. He looks forward to getting more experience in analysis after graduation and hopes to find an opportunity to pursue a Master of Science in Finance or an MBA in the near future. He is also considering work on the Chartered Financial Analyst designation post-graduation. Outside of academics, James has a passion for singing, and spending time with family and friends. Here is the link to James’s reflection at the end of the course.

Jonathan Portanova is a Senior majoring in Political Science and minoring in Economics. His interest is to go into public policy and research developments in the private and public sectors. Being on the Fed College Challenge Team gave Jonathan a great opportunity to do research on the economy and learn new sources of information. Jonathan is also a community leader and has volunteered in his time in the community as members of organizations such as the Knights of Columbus, the Alzheimer Association, and on Campus. Being a part of two Honor Societies Delta Alpha Pi and Phi Theta Kappa, Jonathan enjoys spending time with family and friends, meeting new people, and going out. Here is the link to Jonathan’s reflection at the end of the course.

Anthony Santiago, “Santi” is a UConn Stamford Senior. Santi was originally a member of the class of 2020 but when the COVID-19 pandemic began, he took some time off from school to pursue a career as a plumber. After establishing himself locally in the trade industry, he decided that it was time to reenter the classroom and complete his degree. After leaving his company in January of 2022, he will graduate this December through UConn’s Continuing Studies program with a bachelor’s degree in General Studies, where most of his classes are of a business background. He is planning on trading his work boots for a suit and tie following the completion of his degree and hopes to find a finance opportunity in the NYC area early in 2023. Here is the link to Anthony’s reflection at the end of the course.

Neel Talati is a Senior majoring in Economics at UConn. This is his first semester participating in the College Fed Challenge team. Neel’s interests include stock trading, technical analysis, creating leadership opportunities and analytical thinking. In his free time, Neel likes to travel and go outdoors to play various sports like soccer and basketball. At the beginning of this competition, he has been able to demonstrate knowledge and skills to analyze economic climate forecasts and correlate them to monetary policy. He has been able to collaborate with his peers to help in all sectors of the Fed challenge. Throughout the course, he has been able to gain experience and insight to help prepare for the next semester fed challenge. Here is the link to Neel’s reflection at the end of the course.

Team’s video submission for the College Fed Challenge competition did not advance to the second round. But students kept pushing forward and worked hard on the next challenge. The written report analyzing profitability of banks in Fairfield County was submitted to the FDIC Challenge, and we are awaiting the results of the first round to be available in February.

Each student acknowledged that through the “Practicum” course they developed and refined a lot of career-transferrable skills such as critical thinking, analytical, and presentation skills in addition to teamwork and collaborative competitive spirit.

Dr. Smirnova adds that ECON 3492 “Practicum” supports Goal 3: Teaching, Learning, and Student Success of the CLAS Strategic Plan by enhancing, through experiential learning, opportunities for undergraduate education. It also helps students develop career readiness proficiencies stipulated by the National Association of Colleges and Employers (NACE) and supported by UConn’s Center for Career Development.

Congratulations to all students on the UConn – Stamford Team 2022!