ECE Economics workshop participants in Storrs on October 23, 2024
The Early College Experience – Economics program is the largest at UConn. In the Economics program, we have 34 partner high schools with 66 certified economics instructors. Last academic year, 1,102 students were enrolled in 68 economics courses, with a total enrollment of 1,607 students. Our program is making a meaningful impact on Connecticut students introducing them to economic concepts and way of thinking as well as preparing them for college attendance.
Every year, Dr. Smirnova, who is ECE Economics coordinator, conducts the professional development workshop for participating teachers. The workshop is aimed at providing comparability of instruction and at sharing pedagogical innovations.
This year, 23 teachers from partner schools attended the workshop on October 23. The room was buzzing with commotion as guest speakers engaged the audience with hands-on activities.
Our guest speakers were Ariel Slonim, Curriculum Designer at Marginal Revolution University (MRU) and Mary Clare Peate, Senior Economic Education Specialist at Federal Reserve Bank of St. Louis.
The micro- and macroeconomics concepts were showcased in interactive ways, that would encourage high school students to engage in the classroom. Here are the topics:
Learning about Economic Decision Making with Pretzels
Cowbells and M&Ms: Creative Classroom Exercises for Teaching Externalities and Public Goods
The Inflation Rate is Falling, but Prices are Not!
Fact vs. Fiction: Interactive Tools to Teach the Truth About Fiscal Policy
This year, the teachers also heard from their peer, Ms. Lynn Taillon from Cheshire High School. Ms. Taillon shared her “Valentine’s Day” and “Model Decorations for Christmas” activities. Such sharing stimulated the discussion of other ideas and stories of attending teachers.
Participants went away with a lot of pedagogical materials that could be used immediately in their classrooms. All materials are stored on HuskyCT in the ECE Economics organization section.
Jim Lowe, Associate Vice Provost and Executive Director of Career Center, presented the Award.
UConn Center for Career Development hosted the 2024 Career Everywhere Recognition & Celebration Event on May 1, 2024. The event was filled with enthusiasm and camaraderie, fostering meaningful connections among Career Champions in attendance. There are nearly 1,000 dedicated UConn Career Champions (faculty, staff, and employers) who tirelessly support our students in their journey toward post-graduation success.
The nominations for several awards given by the Career Center were solicited from students, faculty, and staff. Professor Smirnova received the inaugural Career Competency Innovation Award.
Nancy Bilmes, Director of the Career Center, described Professor Smirnova’s innovations as aligning course syllabi with NACE career competencies, integrating career readiness modules across their courses on HuskyCT, designing assignments focused on career competencies, presenting at national and regional conferences, and conducting impactful research on the impact of career-focused assignments on students’ knowledge acquisition within their chosen fields. Natalia’s approach to embedding career development into her teaching not only equips students with essential skills but also demonstrates a commitment to fostering holistic growth and success beyond the classroom.
Professor Smirnova’s work on students’ career competencies’ development is documented in her teaching portfolio.
(left to right) Mitchell Velasco (’25), Dr. Smirnova, Matthew Dalzell (’25) at the Frontiers of Undergraduate Research Exhibition, Stamford campus, April 16, 2024
The Welcome Center area at the Stamford campus was crowded on April 16th as the Frontiers of Undergraduate Research 2024 exhibition was about to start. Thirteen undergraduate students from the Stamford campus presented their research on various topics within diverse fields of study.
Among the presenters, there were two students of Professor Smirnova, Matthew Dalzell and Mitchell Velasco. Both started their research in the ECON 3431W – Public Economics course. However, their interest in the topic grew and they continued working on their papers.
Matthew Dalzell’s (‘25) paper entitled “The Impact of Privately Owned Buses on Carbon Dioxide Emissions in Connecticut” written in Spring 2023 was presented at the New York State Economics Association (NYSEA) conference 2023 in October. Matthew’s trip to the conference was sponsored by the Office of Undergraduate Research, for which Matthew is grateful. Matthew acknowledged in his speech the benefits of attending a conference outside UConn. He said that such exposure allowed him to see what students at other universities are doing in terms of research, “rub elbows” with professional economists and distinguished faculty, and gain confidence for his studies and future career aspirations.
Mitchell Velasco’s (‘25) paper entitled “Decarbonization of the US Power Grid and Cost Competitiveness of Renewable Energy Technology” was written in Fall 2023. The Frontiers’ presentation was the first outside-of-the-classroom presentation for Mitchell. Dr. Smirnova encourages Mitchell to continue improving his paper and to submit it to the undergraduate panel at the Eastern Economic Association, the annual conference of which is scheduled for February 2025 in New York City.
The Frontiers event showcased the dedication of the Stamford faculty to undergraduate students’ success and to students’ preparation for careers after graduation.
Mara Gauger (’13) at the Stamford campus on April 9, 2024
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 Gauger (’13) (right) and Dr. Smirnova at the Stamford campus on April 9, 2024
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 students at the Women in Economics Symposium Watch Party, April 4, 2024
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!
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.
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.
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.
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.
UConn-Stamford Team before the Orientation at the Federal Reserve Bank of New York on September 12, 2023. From left to right: Kiet Tran, Noah Park, Danile Barreto, Dr. Smirnova, Kevin Jankowski, Adrien Vincent, Serhiy Kotsopey (TA), Felix Brito-Velazquez, and Parth Trivedi.
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.
ECE Economics instructors at the annual professional development workshop on October 25, 2023, at Storrs
Finally in-person, emerging after the pandemic, 41 Early College Experience (ECE) Economics instructors participated in the annual professional development workshop on October 25, 2023 in Storrs.
The agenda was filled with active learning about resources for teaching three of the ECE Economics courses (ECON 1000, ECON 1201, and ECON 1202). Both micro- and macro- economics topics were covered, so every teacher was able to take away several ideas ready to be implemented in the classroom.
The presenters at the workshop were national experts in economic education: Scott A. Wolla, Economic Education Officer at the Federal Reserve Bank of St. Louis, and Ariel Slonim, Curriculum Designer at the Marginal Revolution University (MRU).
The attending instructors enthusiastically participated in the following activities:
Teaching Market Structures with Gum.
Supply, Demand, Action! Harnessing interactive tools to teach supply and demand.
Monetary Policy has Changed. Has Your Teaching?
Cracking the Code: Understanding GDP and Inflation through interactive tools.
Professor Smirnova, who is an ECE Economics Liaison, concluded the workshop with an interactive presentation “Teaching Diversity, Equity, and Inclusion Topics in Economics”.
Economics is the biggest UConn ECE cohort:
We have 58 UConn ECE certified Economics instructors representing 42 different partner high schools across the state.
Last academic year, we had 785 students enrolled in 64 UConn Economics courses (ECON 1000, 1201, 1202). Since some students take more than one course, there were 1225 total enrollments.
ECE Economics program makes a big impact across the State!
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.
