Feature | 02/07/2017

ECO NEWSLETTER 2.7.17

Another Career Fair Approaches! New Job Postings! Economics Career Forum!

Feature | 02/14/2017

ECO NEWSLETTER 2.14.17

Goldman Sachs, Alibaba, Think Tanks and Non-profits - Read on!

Feature | 08/11/2017

Professor John McLaren's research acknowledged in Bloomberg article.

"John McLaren was among the small school of economists worrying that overall gains from trade were smaller than his colleagues suspected—and the local impact much worse."

Photo by Dan Addison, University Communications

Feature | 03/25/2018

Professor Jonathan Colmer researches the economic consequences of environmental change

Feature | 09/09/2016

Timely and adequate monsoons cannot end the woes of farmers, by Professor Sheetal Sekhri

"Groundwater reserves in India are a vital resource that support livelihood for around 53 million Indians and provide drinking water to around 80% of the rural population . It is vital for the country’s food and drinking water security."- Professor Sheetal Sehkri

See full article here.

Feature | 06/07/2015

A Beautiful Algorithm?

"The online ad that led you to your new favorite pair of shoes might seem innocuous, but according to University of Virginia Associate Professor of Economics and Computer Science Denis Nekipelov, the algorithms behind such ads could lead to an unforeseen financial crash – something he hopes his research will prevent.

Nekipelov’s study of the automation of online advertising, co-authored with Vasilis Syrgkanis, a researcher at Microsoft, and Éva Tardos, a professor at Cornell University, struck a nerve among industry giants and was named “Best Paper” at the ACM Conference on Economics and Computation, a prestigious international conference for computer science. 

Companies like Google, Microsoft or Facebook allocate advertising space through automated auctions. Advertisers place bids in the hope that their product appears when you search for something like “black high heels.” Humans are physically incapable of placing real-time bids for every query, so automating the bid process was a natural step.

In theory, automated auctions should arrive at an optimum price via John Nash’s equilibrium principle, enshrined in pop culture by the movie “A Beautiful Mind.” The principle assumes bidders fully understand other bidders’ strategies and will use that knowledge to arrive at their own stable bidding strategies. In practice, Nekipelov’s research demonstrates that the Nash equilibrium is unrealistic for today’s online advertising markets." (Caroline Newman)

See the full story here.

Feature | 08/18/2016

The Impact of Female Law Enforcement

In 2014, Professor Amalia Miller, studied the effects of integrating female law enforcement. See the original paper here.

Feature | 10/10/2016

ECO NEWSLETTER 10.10.16

Resources Galore! Upcoming Events!

Feature | 08/12/2016

What Can I Do with an Economics Major?

Wondering what you can do with a major in Economics?  Find out here!

Feature | 08/12/2016

What College Can Teach the Aspiring Entrepreneur

How do you use college to learn how to be an entrepreneur? For the student looking to launch a company after graduation, the answers to the typical questions—where do you go to school, http://online.wsj.com/articles/what-college-can-teach-the-aspiring-entrepreneur-1414965300

Feature | 08/07/2017

ARTICLE - WHAT IS 'GRIT' AND WHY DO EMPLOYERS WANT YOU TO HAVE IT?

"Every year, Vault surveys thousands of investment banking professionals, asking them to tell us about life at their firms. We ask about culture, compensation, hours, training, and many more areas, including the hiring process. With respect to the hiring process, we ask professionals which traits an ideal job candidate needs to have to get hired. In the past, and again this year, banking professionals told us that the following traits are highly important (and, in some cases, required): a strong work ethic, team-playing ability, strong communication skills, strong technical skills, superior intellect, excellent problem-solving skills, and the ability to adapt to different situations." -Derek Loosvelt 

Click here to read the rest of the article. 

Feature | 09/15/2016

A long term study on the impact of GMO crops, co-led by Professor Federico Ciliberto

Professor Federico Ciliberto led a 14 year study on the environmental impact of genetically modified crops on farmworkers, consumers, and the environment. See more here.

Feature | 04/21/2017

Prof Eric Chyn wins Dissertation Prize from HCEO!

"The Human Capital and Economic Opportunity Global Working Group is pleased to announce the winner of its first-ever dissertation prize, Eric Chyn. He submitted the dissertation “Moved to Opportunity: The Long-Run Effect of Public Housing Demolition on Labor Market Outcomes of Children.”

Feature | 09/29/2016

Top 10 Jobs for Economics Majors

Read about 10 jobs that match up with many of the skills Economics majors are equipped with: https://www.thebalance.com/top-jobs-for-economics-majors-2059650

Note, although this article includes a Top Ten List, the ECO does not claim that these are the "Top Ten" jobs for majors. This list is meant to be one resource in your search and provide food for thought.

Feature | 09/18/2017

5 WAYS TO MAKE A BETTER FIRST IMPRESSION

Feature | 06/07/2018

How to Answer "What Sets You Apart from the Rest"

An extremely common interview question these days is some form of "What sets you apart from the rest of the candidates for this job?" Other incarnations of this question include "Why should we hire you?" and "What makes you so different from all the other people interviewing for this position?" No matter exactly how this question is worded, it's getting at the same thing: what are your greatest strengths and skills, what might make you unique, and how those strengths and skills and uniqueness will translate into success in the position you're interviewing for.

Feature | 04/06/2018

ARTICLE - 25 SHORT, SWEET TIPS FOR SUCCESS AS A SUMMER INTERN

 25 SHORT, SWEET TIPS FOR SUCCESS AS A SUMMER INTERN

by Sarah Steenrod

 

While it seems like just yesterday (okay, so more like 13 years ago) I was an intern at Neiman Marcus in Las Vegas, the lessons I learned and experiences I had a during that pivotal time in my college and professional career are crystal clear. Here are some tips that will help make your internship a success:

1.      Set goals. Having personal and professional goals can help you make the most of your summer, stay on track, and know if you have achieved what you set out to do.

2.      Ask questions. An internship is a learning process and you may need to seek clarification along the way.

3.      Participate in all intern and company activities that you are invited to. It’s a great way to meet fellow interns and people at the company who are investing their time in your experience.

4.      Share your ideas. People want to know what you think, so speak up!

5.      If you finish your work, ask for more. By taking initiative, you may end up with an awesome project or learning experience.

6.      Pack your lunch. You’ll save money and calories. It’s absolutely fine to join your colleagues and treat yourself to lunch every once in a while, but you will thank yourself at the end of the summer if you don’t blow your paychecks on takeout sushi.

7.      Dress for the job you want, not the one you have. Always be sure to follow the dress code. Make sure your clothes are clean, neat, and pressed

8.      Get a good night’s rest. If you’re used to going to bed at 2 a.m., the sound of the alarm at 6 a.m. is going to be a rude awakening (literally and figuratively). No one at your workplace will care if you’re tired, so don’t look or act tired.

9.      Consider your internship a three-month interview. This is your opportunity to make the most of each day with the potential of getting a job offer at the end.

10. Ask people if you can be of help to them. You might think you don’t have a lot to offer, but perhaps one of your colleagues has a child that is considering your university and would love to hear your perspective.

11. Explore the city…and the food. If you’re in Cleveland, don’t miss the West Side Market and the Rock and Roll Hall of Fame. St. Louis is famous for fried ravioli. In Houston, be sure to try the BBQ.

12. Exercise. Take a brisk walk, ride a bike, run, do yoga! Do whatever you like, just get moving!

13. Drink water. That’s what the water coolers are for! Eight 8-ounce glasses day is what’s recommended, but if that sounds like a lot, just start with a couple glasses a day. It also helps to get a water bottle that you really like.

14. If you make a mistake, acknowledge it, find a way to fix it, and move on. Don’t make excuses.

15. Connect with alumni from your school. Use your university’s alumni club. Tap into the LinkedIn Find Alumni tool.

16. Check in regularly with your parents, family members, and friends and let them know how your internship is going….they will appreciate it.

17. Say please. It’s amazing how many people will be willing to help you if you ask nicely.

18. Follow all computer rules and lock your computer when you step away from your desk. Also, if your company has a social media policy, refrain from posting on Facebook during work hours.

19. Ask for feedback. Some supervisors will be good at giving you positive and constructive feedback, while others may be less forthcoming. If they know it’s important to you, they may be more likely to give it.

20. Avoid office gossip. If someone talks about others to you, they are probably talking about you to others.

21. Pay attention to your experiences, reflect on them, and jot down a few notes. Your worst on-the-job experience may someday be your best interview story. The trick is remembering all the details.

22. Wear sunscreen. Seriously

23. Be present and enjoy the experience!

24. Keep in touch. Don’t wait until you need something to e-mail your former supervisor. Send an e-mail every once in a while to check in and let them know how you’re doing.

25. Thank people and let them know how they impacted your life and career. A handwritten note is a very nice touch.

 

Sarah Steenrod is Director of Undergraduate Career Consultation and Programs in the Fisher College of Business at The Ohio State University.

Courtesy of the National Association of Colleges and Employers.

Feature | 10/26/2017

3 TIPS FOR STUDENTS FROM D.J. D-SOL

"In a recent Exchanges at Goldman Sachs podcast, Goldman president and co-COO David Solomon offers some rather helpful advice for college students. Solomon, who in addition to his Goldman duties spins music in Miami and the Bahamas under the stage name D.J. D-Sol, went to Hamilton College, a small liberal arts college in Clinton, N.Y., about a four-hour drive from New York City. D-Sol culled much of the following advice from his fond four years at Hamilton, as well as from his three decades in investment banking (and perhaps a bit from his late nights on the decks)." -Derek Loosvelt 

 

Click here to read the rest of the article

Feature | 08/12/2016

A Great Cover Letter can Lead to an Interview

Tips on how to write a cover letter that could attract potential employers.

Note: Consider the source, the hiring norms of the industry and organization you are looking to enter, and also double check with a career advisor if you have any doubt in your mind about advice.

Feature | 06/20/2018

Melissa Moore Elected VP of Graduate School of Arts & Sciences Council

The Graduate School of Arts and Sciences Council (GSASC) represents the interests of graduate students at University of Virginia. As GSASC’s Vice President of Administration, 4th year Economics PhD student Melissa Moore helps run the council and organize events for GSASC. Melissa was elected to the Vice President position this May, after serving for a year as the Initiatives Committee Co-Chair. In that position, Melissa led a review of funding issues affecting graduate students at UVA and helped kick-start a GSASC Research Grant program. In Spring 2018, the GSASC Research Grant provided grants of up to $1,000 for ten students in the graduate school, including Economics student Emily Cook. Graduate students will continue to have the opportunity to apply for the grants every semester.  When asked why she, as a busy graduate student, would seek out this additional responsibility, Melissa explains that “serving on GSASC has helped me become connected to the university community. I’ve been able to meet graduate students from other departments and learn more about the administration of a research institution. I think it’s important for graduate students to have a voice at the university and I’m happy to contribute my time towards furthering that goal.”

Feature | 08/30/2016

ARTICLE - Choosing a Career Path: A Collegiate Perspective

This is a guest piece by Elizabeth Santoro, a senior at Northwestern University’s Medill School of Journalism, who will begin her career at a technology company upon graduation.

In my experience, college leaves you with more questions than answers. Entering college you may or may not know what career you want or what direction to take. Either way, college seems to be anything but linear, — it’s more a series of switchbacks and loops.

I thought I would work for some Condé Nast beauty magazine among New York City’s skyscrapers or, on the flip side, dig deep as an investigative reporter. Graduating from the Medill School of Journalism at Northwestern University, I’m on a different spectrum entirely and accepted an offer to work in product marketing for a tech startup.

Click here to read the rest of the article.

Source: By April 20, 2017Talent

 

Feature | 11/28/2016

In Memoriam: Robert Dewitt Tollison (1942-2016)

Robert Tollison, who received his PhD from UVa in 1969, died on October 24, 2016. Bob was a student of Jim Buchanan, taught at Cornell, then was on the faculty for many years at George Mason, and ended his career at Clemson.  Bob's a former president of the Southern Economic Association and the Public Choice Society and may well have the longest publication list of any Ph.D. from our department.

See his obituary here: http://newsstand.clemson.edu/in-memoriam-robert-dewitt-tollison/

Feature | 08/12/2016

What Color Is Your Parachute?

Article on: Are You a Parachute Counselor, by Dick Bolles 

This article captures the essence of the book and students may want to read it independently, or follow up by checking out the book in its entirety.

Feature | 07/12/2018

10 Ways to Get the Most out of Your Summer Internship

By CAROLINE CENIZA-LEVINE 

June 8, 2016

A summer internship can be a great way to build your future in the adult workforce – or it can be a big disappointment. Are you sitting around with your fellow interns, swapping jokes because you have little do? This temporary gig is supposed to be more than a paycheck. The whole point of it is to further your education.

You have more to say about how your internship goes than you think. If you aren’t gaining the skills and connections you need, talk to your boss about how to make your experience better. Or even if you are busy, and realize you don’t like this occupation, there are lessons to be learned. An internship is too valuable to waste.

You haven’t landed an internship yet? The good news is that companies are still hiring (and check out these last-minute suggestions to increase your job leads). If you have locked down an internship, make the most of it by following these 10 tips:

1. Don’t put up with a do-nothing internship. Horror stories abound about interns sidelined into indolent, clock-watching existences. Or relegated to mindless tasks like fetching coffee or cleaning up the stockroom. Sure, you can’t expect to be plotting corporate strategy as a 20-year-old, two-month temp. But you should politely keep after your boss to make the most of you.

Your manager may not know how quickly or effectively you work, so don’t be alarmed if you’re not given much to do at first. Let your manager know you’re available to do more. Ask for suggestions on how you can learn more about the company and industry. Perhaps there are old company reports you can review. Showing initiative to learn and remain productive will endear you to your boss.

2. Convert your internship into a full-time position. This means doing a great job with the responsibilities given to you right now. Get regular feedback from your manager so you know you’re meeting expectations. If there’s a formal evaluation form, get a copy in advance so you can keep track of what your objectives should be. Ask the human resources department for the official process to be considered for extended employment. You don’t want to miss any steps or deadlines.

3. Get a professional reference (or two). Stay close to your manager so you can get a strong professional reference from him or her. Your internship program may not lead to another job there, but a strong reference can set you up for one elsewhere. Also ask for a reference from others you helped. For example, if you interned in marketing, you may have closely supported the salespeople. Toward the end of your internship, collect their personal contact information, in case they leave the firm by the time you need the references.

4. Identify your valuable strengths. Internships also are voyages of self-discovery. Sometimes skills that come naturally are ones you overlook, and it’s helpful to have others pinpoint them for you. If your internship doesn’t have an official evaluation form, ask for this feedback. This provides you with good talking points when you meet future employers.

5. Identify your weaknesses. Sometimes, managers hesitate to give criticism. Soften the request for a candid critique by asking how to improve for your next role. Not knowing your weak points can hinder you: You won’t know what you need to correct, or whether the job is right for you.

Perhaps you love working in a law firm but aren’t attentive to detail. As an attorney, you will need to be meticulous about the small things, so you need to focus on them in the future. Or your brash personality may not be the right fit for a career in a buttoned-down corporate climate, and nothing will change that. Such self-knowledge will benefit you well going forward.

6. Develop new skills. If your internship offers training workshops or mentor pairings or any other skills-building endeavors, make sure you take advantage of these. Find out the calendar in advance, and give your manager plenty of notice, plus a game plan for how you will make up the work if the extra training interferes with your duties.

7. Broaden your network. Gaining skills isn’t the whole story with an internship. Getting to know people who may help you later is a big goal. Even if no organized networking forums exist, being in the workplace each day means you are meeting new folks constantly. Take your lunch breaks with different co-workers over the summer. Ask your manager for introductions. Attend any company-sponsored events open to you.

This goes for full-time employees and fellow interns alike. Your peers are a great resource because you have a shared experience. Introduce your immediate colleagues to your fellow interns, and ask peers to do the same for you. If you got your internship through a larger organization, keep in touch with its interns outside your company, too.

8. Add new accomplishments to your resume. Note what you’re learning and doing on your resume while it’s fresh in your mind. What technical and computer skills are you using? What types of analysis are you doing? What tangible results have you achieved?

9. Strengthen your online profile. In addition to your resume, update your LinkedIn profile. A word of warning: Be careful about sharing your internship experience on social media. Don’t reveal confidential information – like that research you’re doing for an initiative that is not yet public. Do not share business goals or insights. Furthermore, keep your tone professional and positive. Trashing your boss on the Web, where everyone can read it, including the boss, could come back to harm you.

10. Learn from a bad experience. Not all internships are nirvana. If you don’t like yours, figure out why. This gives you a clearer picture about what you don’t want in your adult career. Is it the day-to-day work? Is it the people? The pace? The growth prospects? The industry or subject matter? Bad experiences are instructive. Remember: You take an internship to learn, about what a job is like and what you are like.

Feature | 08/12/2016

Water Scarcity and Growth Prospects

Julia Devlin, a former lecturer in the Economics department at UVA and now a senior fellow at the Brookings Institute, looks at the relationship between water scarcity and economic growth in the Middle East and Africa. Her article can be found at the Brookings Institute.

Feature | 02/07/2017

Prof. Pepper et al.: Decade long study on Virginia Mental Health Services

Research gathered by several collaborators, including UVA Prof. John Pepper, former UVA Prof. Steve Stern (SUNY Stony Brook), and ECON Grads: William C. Johnson, Michael LaForest, Brett Lissenden. Part 1: https://news.virginia.edu/content/what-economists-learned-tracking-services-virginians-mental-illness  Part 2: https://news.virginia.edu/content/more-66000-virginians-arent-getting-crucial-mental-health-services-study-finds

Feature | 08/12/2016

Delivering the Best First Impression in 30 seconds

Useful tips for making the best first impression in the business world.

Feature | 12/22/2016

ARTICLE-THINGS YOU SHOULD REMOVE FROM YOUR RESUME IMMEDIATELY

"Hiring managers rarely have the time or resources to look at each résumé closely, and they typically spend about six seconds on their initial fit/no fit decision. If you want to pass that test, you need to have some solid qualifications — and the perfect resume to highlight them."-Tayyiba Iram

Click here to read the rest of the article

Feature | 03/28/2018

ARTICLE - MIDDLE MARKET INVESTMENT BANKS

"The deal is the toast of the season globally. But do you know who advised Facebook? The logical answers would be Goldman Sachs, Morgan Stanley, UBS, and DeutscheBank, etc. Surprisingly, it’s a firm called Allen & Company." -Avadhut Nigudkar

Click here to read the rest of the article

Feature | 11/23/2016

Midwest Macro conference: Jorge Miranda-Pinto

"This is definitely a great conference for macroeconomists and graduate students working on research. I could interact with Macroeconomists and students from all over the world (U Chicago, Northwester U, Feds, IMF, Bank of Canada, U Warwick, U de Chile, U Hong Kong, World Bank, etc). I attended very interesting sessions and learned a lot about the frontier of macroeconomic research, e,g. explaining the sources of inequality, monitoring financial institution to control systemic risk, predicting future crisis, etc. I received great feedback on my research, not only during my presentation, but also talking to economists throughout the conference. 

I presented my Job Market Paper "Sectoral Connectivity, Volatility, and Downturns: Lessons From Cross-Country Data". In this paper, I find that in emerging countries higher inter-connectivity among sectors of the economy (density of connections) is associated with higher volatility and sharper macroeconomic downturns. I observe the opposite for the group of developed economies, where denser sectoral connections are associated with lower volatility and milder downturns. I then build a multi sector model that, unlike existing models, has a role for the density of connections in shaping aggregate fluctuations. The key for the model to deliver the facts is that emerging economies have less flexible production technologies (manufacturing-intensive economies) while developed economies have more flexible technologies (service-intensive economies). The model implies that during downturns emerging economies with denser connections face constraints in the use of intermediate inputs, while developed economies with sparser connections face constraints in the use of labor."

Feature | 12/10/2015

45,000 Students and Professor Elzinga

"It’s likely that Ken Elzinga has impacted more students than any professor in University of Virginia history.

By the spring of 2015, the Robert C. Taylor Professor of Economics had taught nearly 45,000 students. That’s more than the population of Charlottesville, and more than any professor on record at U.Va., according to George Stovall, director of the Office of Institutional Assessment and Studies.

Those numbers stem from more than four decades of teaching one of U.Va.’s largest and most popular courses. The supply of seats in one of Elzinga’s two 500-person “Introduction to Microeconomics” classes never quite seems to meet demand. As for his smaller, 20-person anti-trust seminar, taught in the spring semester, students are advised to request entrance into the class two years ahead of time.

During his 47-year run at the University, Elzinga has become nationally renowned for both his illustrative teaching and his work in the field of economics, and famous for his personal commitments to each of his students outside the classroom." (Lauren Jones & Mitchell Powers). See the full story here.

To see the video click here.

Feature | 06/21/2017

ARTICLE- END YOUR INTERVIEW ON A HIGH NOTE WITH THIS QUESTION

"One of your top priorities as a job candidate should be to end your interview with a power punch – something that’ll make you stand out and show your enthusiasm. Unfortunately, sometimes that’s hard to do, especially when so many interviews end with you blandly telling your interviewer that you’ve got no more questions left for him to answer.

So, here’s a question you can ask to conclude your interview on a high-note and show that you’re still as hungry as ever for the job: “Would you mind showing me around the office before I head out? I would love the chance to see the place I might be working at soon.”

Here’s why it works!" -Peter Yang 

 

Click here to read the rest of the article

Feature | 02/02/2017

ARTICLE-UNDERSTANDING THE FEDERAL HIRING FREEZE AND ITS IMPACT ON YOUR SEARCH

""For students who may be thinking about federal jobs and wondering how the hiring freeze impacts them, we want to highlight a few key points. The hiring freeze remains in place, with a longer-term plan to reduce the size of the federal workforce due from the Office of Personnel Management and the Office of Management and Budget by the end of April."-Dreama Johnson 

Click here to read the rest of the article 

Feature | 01/10/2017

Article - How to Improve Your Networking Skills in 2017

"You've heard it before: The best way to land a new job is through networking and making connections. But many people are stumped as to what that means and how it plays out in reality, unless you're lucky enough to have been offered positions throughout your career. What exactly does making those connections look like, and how should you approach it?

There are many ways to do it – in person, through social media, phone or by email. All are valid and can be useful in different ways. Nothing can replace interactions in person, but it will require follow up. Some of the ways to develop new connections are to join groups with similar interests (hobbies or social), reach out to alumni from your school or find shared connections on LinkedIn. Once you begin the process of connecting, make sure you're making them count." - Marcelle Yeager

Learn more here: http://money.usnews.com/money/blogs/outside-voices-careers/articles/2017-01-06/how-to-network-better-in-2017

Feature | 11/20/2017

ARTICLE - 12 CRUCIAL TIPS TO DESIGNING SMARTPHONE QUALITATIVE THAT GETS GREAT INSIGHT

"Over the Shoulder has been helping put smartphone-based qualitative into the toolkit of qualitative researchers and insight seekers for almost nine years now. We’re often asked by clients to list the biggest tips and “watch-outs” that smartphone qual practitioners should bear in mind to make their jobs easier and their deliverables to clients more valuable." - Ross McLean

Click here to read the rest of the article. 

Feature | 10/09/2017

ARTICLE- WHY YOU SHOULD CHOOSE A CAREER IN SALES

"Brian Tracy describes sales as the "ultimate default career." By that, he means that many people get into sales because they can't find any other job that pays them what they need. Some of the top sales professionals in the world will admit that they had no intention of getting into or staying in the sales industries, yet most wouldn't change their decision to stay. But while sales may be a default occupation, there are several reasons why you should choose a career in sales instead of being a salesperson until something else opens up." - Thomas Phelps 

Click here to read the rest of the article. 

Feature | 05/04/2017

16th CEPR Postgraduate conference at Nottingham

Devaki Ghose presents her paper "Identifying the Role of Vertical Linkage in Agglomeration: Empirical Evidence from India" on Thursday, May 4th, 2017 in University of Nottingham, UK.

Feature | 08/12/2016

What Percent of Interns Receive Full-Time Offers?

Vault recently released its Top Internship Rankings for 2016. These included a prestige ranking, an overall best internship ranking, a best internship for quality of life ranking, and several rankings by industy. The rankings were created from the results from our annual internship survey, which asked nearly 6,000 current and former interns to rate their internships, as well as their dream internship employers, in various categories.

In addition, the survey asked interns to tell us if they received or expected to receive a full-time offer at the end of their internship from their internship employer and, if so, if they were going to accept that offer (note: the survey was administered at the end of this past summer, when some interns were still interning).

(You may need to login into HandShake to access this article).

Feature | 06/24/2016

Prof. James Harrigan on the Brexit

Professor Harrigan shared his thoughts on Brexit, on a live interview on Friday (June 24)! 

Feature | 02/17/2017

Professor James Harrigan: Economic Inequality in the U.S.

 How Bad Is It, and Why Is It Growing?

"University of Virginia economics professor James Harrigan is using more than 35 years of data to study economic inequality in the United States, seeking explanations and solutions for the rapidly widening chasm between the very rich and nearly everyone else.

His undergraduate course, “Economic Inequality,” helps students understand the nuances of the contentious topic, which found its way to the heart of national conversation in the recent presidential election."

Feature | 09/23/2016

Networking for Economics majors- Part 2 of 2

Part 2 of two articles for Economics majors, written by Professor Bill Conerly.

Feature | 12/28/2017

Amanda Pallais, a former Economics undergraduate, makes a best of the year list (twice) for "research that mattered most in 2017"

Feature | 08/12/2016

Is Working Abroad for you

Test Your IQ (International Quotient) to See If Working Abroad Is for You

Thinking about working overseas? Take this quiz to see if it working abroad is for you. (You may need to log into Handshake to access this article). 

Feature | 09/29/2016

Dropping application fees for low-income students

A 2013 report by Professor Sarah Turner and Professor Caroline Hoxby of Stanford University, has helped inspire colleges to drop application fees for low-income students.

See their research here.

Feature | 06/06/2018

Kent Merritt, UVA alumnus and economics major, profiled in UVA Today article

Feature | 01/13/2017

Published Paper by three ECON Grads and Prof. Steve Stern (Stony Brook)

Variation in mental illness and provision of public mental health services

Authors: ECON Grads: William C. Johnson, Michael LaForest, Brett Lissenden & Prof. Steven Stern (Stony Brook).

 

Published recently in Health Services and Outcomes Research Methodology, this paper is an expansion of a previous study by Professor Steven Stern which estimated the local prevalence of mental illness in the Charlottesville area. That earlier paper caught the eye of state senator Creigh Deeds, who recognized how useful it would be to have the analysis extended to the entire state of Virginia. Three Economics graduate students then helped Professor Stern estimate the prevalence of mental illness within 30 geographical regions in the state of Virginia. After accounting for insurance status, they were able to compare estimates of demand for public mental health services to supply of public mental health services in each of those 30 geographical regions. Over 66,000 uninsured and Medicaid-insured individuals in Virginia were found to be without public mental health services. The deficit varies locally, with several regions having no deficit and others having 5,000 or more untreated people. Though a large portion of the unserved people with mental illness are uninsured, many would be insured for mental health services through Medicaid if Virginia were to accept the Medicaid expansion associated with the Affordable Care Act. The paper's findings suggest that states can better serve populations relying on mental health care by allocating scarce public mental health dollars to localities reflecting their need. The co-authors' results have been presented to a Virginia Senate joint subcommittee on mental health. The chart below shows the deficit of mental health services across Virginia's Community Services Boards for three values of PSUs (primary sampling units).

 

Feature | 08/12/2016

The Reality of Student Debt is Different from the Cliches

Matt Chingos and Beth Akers from The Brookings Institution, who participated in an Econmics Career Office panel in 2013, have published their piece about student debt.  You may find the piece in its entirety here.

Feature | 10/24/2016

ECO NEWSLETTER 10.24.16

How to Navigate a Career Fair PowerPoint, Events, M.S. in Commerce Info Session, and this week's ECO alumni guest, Jeff Hansen!

Feature | 05/01/2017

UVA Feature: Clement Bohr, Distinguished major, Class of 2017

Photo by Dan Addison, University Communications

Feature | 10/02/2017

ARTICLE - 6 SIMPLE JOB SEARCH TIPS PEOPLE ALWAYS FORGET

"The irony of job search advice: There’s so much available that you don’t have to spend more than four seconds Googling before you land on some nugget of wisdom or another." - Jenny Foss

Click here to read the rest of the article.

Feature | 06/07/2018

How to Answer "Why Do You Want to Work for Us?"

One of the more common interview questions these days, especially for entry-level positions, is some form of "Why do you want to work for us?" Other forms of this question include "What attracts you to our firm?" and "What about our firm excites you?" Whatever the exact phrasing you receive, there are a few things you want to get across as clearly and concisely as possible when answering.

Feature | 08/12/2016

A Must-Read for Job Seekers from the NACE

A Must-Read for Job Seekers from the National Association of Colleges and Employers (NACE)

Feature | 08/22/2016

PhD Alum, Jessica Howell: Exploring matching between students and Colleges

A new book explores the challenge of helping more students succeed at a broader range of institutions. Econ Phd Alum, Jessica Howell, discusses this book and it's research in an interview with the Chronicle of Higher Education. Read the full article here.

Feature | 10/02/2017

ARTICLE - 43 RESUME TIPS THAT WILL HELP GET YOU HIRED

"When you haven’t updated your resume in a while, it can be hard to know where to start. What experiences and accomplishments should you include for the jobs you’ve got your eye on? What new resume rules and trends should you be following? And seriously, one page or two?" - Erin Greenawald

 

Click here to read the rest of the article. 

Feature | 07/12/2018

6 Ways to Make the Most of Your Summer Internship

Vincent Tsui for HBR

Around 75% of college students, at some point, work in an internship. These experiences can be tremendously valuable, providing young workers the opportunity to build skills for their resumes and meet people who are working in their preferred industry. Increasingly, they are the likeliest route to full-time employment and are even offered year-round rather than only during summer months. But they can also be difficult adjustments for young people who have little to no experience in professional offices. It can be hard for someone to stand out and make the right impression during a three-month stint spent adapting to such a new environment.

How can interns learn what they need to know, impress those they work for, and secure a job recommendation or full-time offer in such a brief period of time? I consulted 20 professionals who have worked with or supervised interns in higher education, business, law, and nonprofits, and compiled the most valuable advice for interns from their stories, my own observations, and management literature. This advice won’t cover everything, but it does offer a starting point for interns.

Start with relentless punctuality. Show up on time (or early) in the morning, arrive for meetings before they begin, and complete tasks by their deadlines. When I asked professional contacts for their advice to interns, they consistently listed punctuality as a critical success factor. Ryan, an executive in a municipal government, says, “Always be on time. Summer internships are for a short, defined period of time, so give it 100%. Be willing to get to the office early and stay late.” As an intern, you are both a guest in a new environment and a colleague on whom others must rely — make sure that you respect those colleagues by being on time.

Complete each task with excellence. Whether an assignment is mundane or exotic, pursue it with relentless drive and a determination to exceed. If you’re asked to make coffee, make the best coffee your colleagues have ever had. If you’re asked to make an Excel model, over-invest your time and effort in assuring it’s right, aesthetically appealing, and thorough. Amy, a food and beverage executive puts it this way, “Finish the assignment or project with excellence — anything else you do is bonus, but please start with the assignment given.” Even if the project seems small or unimportant, do not give in to the temptation to complete it with anything less than your best, and don’t decline a project just because it doesn’t interest you. Katie, a tech industry executive cautions to “[never] say no to small opportunities because [they don’t] fit your idea of work.” Repeated, enthusiastic, and excellent delivery of assigned tasks is the building block upon which everything else in your internship will rest.

Take on more work — without being asked. Use excess time to take on new and important work, assignments others don’t want, or projects that are needed but not yet clearly defined. A nonprofit healthcare executive counsels, “When you see something you can do, do it.” I still remember the names of interns I’ve worked with who never let themselves sit idle and took on new projects with little or no guidance. Gary, a finance executive, told me, “Sitting at the desk checking your most recent Twitter feed while you wait for someone to give you something to do is one of the best ways to not get an invite back.” Deliver what no one is expecting — or what no one else is willing to do — and you’ll not only be appreciated, but remembered.

Be resourceful. Research a topic thoroughly before asking a full-time colleague or manager for help, and take the time to reflect and come up with your own insight or solution before consulting others when you uncover a problem. Amy, the food and beverage executive above, recommends, “Look for the resources you need on the internal websites or ask other interns before [asking] your coach.” She notes that it’s a mistake to “ask too many questions that show you didn’t even try to look for the answer yourself.” It’s critical that your colleagues view you as someone who is resourceful and independent enough to bring something new to the table instead of just stopping every time there is a bump in the road.

Ask questions — good ones. The hallmark of an intellectually curious, diligent colleague is the quality of his or her questions. Renowned management thinker Clay Christensen recommends spending time formulating the right questions. Ben, a management consultant, agrees: “Think — in advance — of questions to ask. If you are meeting with a peer or superior, think of thoughtful questions you can ask to demonstrate you’ve prepared for the meeting and respect her time.” If you’re in a meeting with senior colleagues, think less about your answers to their questions and more about what you see missing — the questions no one else is asking. When you hear someone ask a great, conversation-altering question, write it down and reflect on what made it so special. And, as a rule of thumb, make sure you ask one or more authentic questions in every meeting you attend. Following this advice will hone your ability to ask questions that lead to real insight and will ingrain in you the essential habit of intellectual curiosity.

Build professional relationships. Internships usually last only a few months, and in that context, it’s easy to either focus solely on your work or to make connections only with the other interns working around you. But forming broad, deep relationships within your team and throughout the organization can help you manage your current responsibilities while also boosting personal development. You’ll also make yourself more memorable to those around you and create a network of contacts to reach out to when you’re ready to find your next job. Invite colleagues to lunch. Ask them questions in informational interviews. Offer to help where you can. Observe the great relationship-builders in your firm and learn from them.

Internships are hard work. And doing only what’s expected of you isn’t enough to be noticed. You need to go above and beyond, from arriving on time to doing exemplary work, and make the most of your time in the organization.

Feature | 01/10/2017

ECO NEWSLETTER 1.10.17

Data Can Be Romantic! Volunteering: Good for your Heart!

Feature | 08/21/2016

ECO Newsletter 8.21.16

 Job and Internship Search Basics Pre-reqisite Workshop Sign-up is Open!

Feature | 09/20/2016

ARTICLE - ALUM’S APP ASPIRES TO BECOME ‘THE AMAZON OF HEALTH CARE’ IN ASIA

"University of Virginia graduate Dato' Chevy Beh envisions his startup, BookDoc, transforming health care in Asia just as tech behemoth Amazon has transformed retail around the world.

BookDoc, which Beh founded in Malaysia in 2015, offers a free mobile app and online platform to help patients quickly identify, and get an appointment with, nearby health care providers. The concept was inspired by a good friend who called Beh for help after contracting dengue fever in Malaysia and struggling to find a doctor who could treat him quickly" -Caroline Newman

 

Click here to read the rest of the article.

Feature | 11/10/2017

Kerem Cosar contributes to "stunningly original paper"

Feature | 08/12/2016

A Healthier Work Day to Improve Productivity

Read about how one company in Japan is encouraging it's employees to make healthy changes to improve their productivity. (you may need to log into Handshake to access this article). 

Feature | 08/12/2016

Corporate Economists Are Hot Again

Corporate Economists are Hot Again

From The Wall Street Journal
By Bob Tita
Updated Feb. 27, 2014 6:01 p.m. ET

The number of private-sector economists has surged 57% as U.S. firms look for help digesting data.

(Photo disabled)

Pictured, economist Ryan Reed has revamped forecasting at Parker Hannifin. Photo by Michael F. McElroy for The Wall Street Journal

CLEVELAND—Flooded with data, Parker Hannifin Corp. PH +0.46% hired a young economist in 2008 to figure out what the information meant to the industrial conglomerate's far-flung operations.
What Ryan Reed told executives in one of his first presentations didn't go over well. Looking at capacity utilization rates—the percentage of available production capacity that is actually in use—Mr. Reed told executives that sales in the company's automation business would be substantially lower in October. "The guys said: 'That can't be right. October is normally a really good month for us.' "
But Mr. Reed's forecast was indeed correct. October wasn't a good month for automation, or for any of the Cleveland company's business units. The U.S. economy was on the verge of what would become the worst economic convulsion since the Great Depression. "We've lurched from crisis to crisis since then," said Mr. Reed, now 32 years old.

With more data available than ever before and markets increasingly unpredictable, U.S. companies—from manufacturers to banks and pharmaceutical companies—are expanding their corporate economist staffs. The number of private-sector economists surged 57% to 8,680 in 2012 from 5,510 in 2009, according to the Bureau of Labor Statistics. In 2012, Wells Fargo WFC +0.77% & Co. had one economist in its corporate economics department. Now, it has six.
Sheryl Kirtley tests a hose at the Parker Hannifin manufacturing plant in Ravenna, Ohio. Michael F. McElroy for The Wall Street Journal
"A lot of companies have programmers who are able to process big data," said Tom Beers, executive director of the National Association for Business Economics in Washington, a professional organization with about 2,400 members. "But to find a causality between two things and draw a conclusion really takes somebody with an economics background."

Many companies had corporate economists on staff in the volatile 1970s and '80s, but dropped them when the U.S. economy was steady and strong. Information from government agencies, such as industrial output from the Federal Reserve, was plentiful, along with research from private consultants, including Macroeconomic Advisers LLC in St. Louis and IHS Global Insight of Englewood, Colo.
"The reaction in the corporate world was: 'I can get my average GDP forecasts from anybody. Why do I need an economist in my shop?' " said Ellen Hughes-Cromwick, chief economist for Ford Motor Co.
The key to the revival of in-house economists, companies and economists say, is the need to digest huge amounts of data—from production volumes in overseas markets to laptop usage in urban areas—to
determine opportunities and risks for companies' business units, not just in the U.S. but around the world.

Paul Thomas, chief economist for chip maker Intel Corp. INTC -0.49% , said he and his staff look at how and where consumers are using personal computers, laptops and hand-held devices to pinpoint what geographic markets are underserved and which ones are saturated. "It's something we're learning to do that's going to be useful," he said.
The glut of available data is forcing economists to serve as gatekeepers to ensure that disparate units within companies are using the same data sets and information inputs in their forecasting.
Richard DeKaser, a vice president and corporate economist at Wells Fargo, leads a team of eight people, including six economists, who standardize the models and data used to measure risk in different business units, such as mortgage lending and credit cards.
Previously, one unit might base unemployment figures on payroll data, while another would use household surveys. Doing so undermined the accuracy of tests to measure risks for losses and contributed to mistakes in business planning.
"The great recession laid bare a lot of fundamental mistakes that an economist can be useful in preventing," said Mr. DeKaser, who was previously chief economist for National City Bank.

Some corporate economists are also taking higher public profiles to communicate their companies' messages and forecasts. Mark Finley, general manager of global energy markets and U.S. economics for energy company BP BP -0.94% PLC, spends about 30% of his time on the road talking with customers, business groups, trade associations and reporters to build consensus for its outlooks on energy demand and pricing. "The economists are supposed to be out there presenting their views," he said.
James Meil, chief economist at diversified manufacturer Eaton Corp. ETN +0.68% , and his staff of four, made 78 formal presentations last year, including one to the Association for Hose and Accessories Distribution. Distributors and suppliers, especially smaller ones, often rely on economists from their bigger customers to help decide whether they should add production capacity.
"There's not readily available market data or trends data available for the hose markets," said Joseph Thompson, executive vice president of the association, which represents manufacturers and distributors of industrial hoses, fittings and fluid-transferring equipment.
Veteran economists like Mr. Meil, who has been with Eaton for 29 years, are consulted on big acquisitions. When Eaton bought Cooper Industries PLC in 2012 for about $11.8 billion, he provided market research for key business segments and forecasts for the combined company's end markets.

Air Products and Chemicals Inc. uses its economist to devise hedges in a more volatile global economic climate. The Pennsylvania-based supplier of industrial gases enters into 10- to 20-year contracts with drug companies, steelmakers and refineries and needs price-escalator clauses to reflect higher production costs, such as energy.
"We set up formulas to where we're just trying to capture the inflationary pressure on the underlying contract," said economist Joseph Cardinale, who recently left Air Products for an economist's job at Illinois-basedpharmaceutical maker Abbott Laboratories.
Like all forecasters, corporate economists can miss the mark. In 2012 many company economists expected about 6.5% growth in manufacturing output in Asia. But it ended up being 3.5% due to a sluggish economy in China. "Forecasts by definition are going to be wrong," said Mr. Cardinale.

Retired economist Frank Schott, 87 years old, said new veins of data don't guarantee accuracy in forecasts. "The data are just as recalcitrant as ever to give you answers and the multiplicity of it invites further confusion," he said. "Everybody, including corporate bosses, thinks they're their own best economist."

Before Parker hired Mr. Reed, group presidents provided forecasts. "They weren't very accurate," said Jeff Cullman, president of Parker's hydraulic business. He said Mr. Reed has been able to forecast when hydraulic demand was about to fall, allowing the company to get a head start on scaling back production. "The market turns relatively quickly, but it takes us about three months to get on the brakes,' he said.
Forecasting can be tougher in developing countries where market demand can be difficult to quantify and data is spotty. Mr. Reed recently constructed a model for Parker's new president of Latin America to
indicate where the company should focus sales efforts. "His gut was telling him we're doing pretty well in Brazil; maybe we should look more at Argentina," he said.
By parceling out Parker's sales in specific industrial markets in Argentina and Brazil and comparing them with the two countries' total output in those markets, Mr. Reed demonstrated that Parker's sales potential in Brazil was far greater than in Argentina and to remain focused there. "Hopefully we avoided putting a lot of resources into Argentina where there's just not much to capture," he said.
Write to Bob Tita at robert.tita@wsj.com

Feature | 01/31/2017

ARTICLE- THIS LINKEDIN RECRUITER'S TIPS FOR SHOWCASING SOFT SKILLS ON JOB INTERVIEWS

"If you’ve heard a lot about “soft skills” lately, it’s at least partly because employers want you to develop them. According to our Global Recruiting Trends study here at LinkedIn, more employers are rolling out “soft skills assessments” to test job candidates on the cognitive and personality qualities you don’t go to school to learn: critical thinking, adaptability, learning agility, communication, etc. By all indications, these factors aretrading at a higher value in 2017 than they have in the past."-Brendan Browne

Click here to read the rest of the article

Feature | 08/25/2015

Meeting of the Minds

"Amid global stock market concerns, University of Virginia economists made the short drive down Interstate 64 to an institution responsible for implementing many of the policies they research: the Federal Reserve Bank of Richmond.

Friday’s biannual research symposium began two years ago when members of U.Va.’s economics faculty realized that the institutional partnership was not what it could be, despite numerous individual collaborations.

“The Federal Reserve Bank of Richmond Research Department is a world-class collection of researchers working on frontier problems in many fields, including banking, macroeconomic theory and household finance,” U.Va. professor Eric Young said. “The opportunity for faculty and students to interact and learn from these researchers was too good to pass up.” (Caroline Newman).

Learn more about this partnernship here.

Feature | 06/07/2018

How to Answer "The Difficult Team Member" Question

One of the more common behavioral interview questions is “Tell me about a time you had a conflict with a coworker and how you dealt with it.” A similar question is “Tell me about a time you were on a team and team member wasn’t pulling his or her weight and how you addressed the situation.” While these questions are slightly different, they’re both looking for the same thing: how you work in teams and how you deal with conflict. 

Feature | 04/03/2018

UVA economist Adam Leive examines the health consequences of Olympic success

Feature | 12/08/2016

Professor Eric Chyn: The Future of National Housing Policies

"Even before graduating from his Ph.D. program in August, Eric Chyn earned widespread acclaim for research that, according to its coverage in The New York Times, “could fundamentally reshape national housing policy.”

Chyn, who will start in January as an assistant professor in the University of Virginia’s Department of Economics, wanted to learn more about how living in public housing impacts a child’s income and employment over his or her lifetime.

“Broadly, my interest is in studying government programs and the way we spend money in society to make people better off, especially those who are disadvantaged,” Chyn said. “Housing assistance is a very sizeable and notable expenditure in the grand scheme of what the government does.”

Existing studies showed that children whose parents opted into a lottery system moving them from public to private housing tended to fare better as adults, especially if they moved while very young. However, Chyn found a gap in that approach: only 25 percent of eligible families applied for the lottery. He conjectured that parents who applied were already particularly motivated to protect their children from negative environments, and therefore might not be the best sample to study. What, he wondered, happened to the other 75 percent of children?"

- Caroline Newman, see original article.

Photo credit: Dan Addison, University Communications

Feature | 09/12/2016

ECO NEWSLETTER 9.12.17

Updates from the ECO with Jobs, Events, and Workshops!

Feature | 01/06/2017

ARTICLE- HOW TO NETWORK BETTER IN 2017

"You've heard it before: The best way to land a new job is through networking and making connections. But many people are stumped as to what that means and how it plays out in reality, unless you're lucky enough to have been offered positions throughout your career. What exactly does making those connections look like, and how should you approach it?"- Marcelle Yeager

Click here to read the rest of the article 

Feature | 05/17/2016

ARTICLE- THESE ARE THE BIGGEST SKILLS THAT NEW GRADUATES LACK

"Managers and employees don’t always see eye to eye. Fast Companyuncovered a wide gap in the way each group thinks about business cultureand their radically different ideas about work-life balance."-Lydia Dishman

Click here to read the rest of the article

Feature | 06/05/2015

A More Efficient 'Match Day'

"This month, newly minted doctors and military cadets are leaving the University of Virginia and many other schools for assigned residency and branch assignments around the globe. These movements number in the millions, but most are directed by a simple class of “matching algorithms” – algorithms that one U.Va.-led research team wants to make more efficient and fair.

Peter Troyan, an assistant professor of economics, became interested in the match algorithm while a friend in medical school was anxiously awaiting his residency assignment. Troyan was eager to understand the equation that was driving the next steps of his friend’s life and those of many others worldwide..." (Caroline Newman)

For more on this article, click here.

Feature | 01/11/2017

Article - 6 Signs that You're Living in an Entrepreneurial Society

In his landmark 1985 book, Innovation and Entrepreneurship, famed author and educator Peter Drucker wrote about an entrepreneurial society and its impact on economic development. “Entrepreneurship rests on a theory of economy and society,” he wrote. “The theory sees change as normal and indeed as healthy. And it sees the major task in society — and especially in the economy — as doing something different rather than doing better what is already being done.” What does it mean, then, to live in a society that is becoming more entrepreneurial? I see six major signs: Read more here...

 

https://hbr.org/2016/10/6-signs-youre-living-in-an-entrepreneurial-society?utm_source=twitter&utm_medium=social&utm_campaign=harvardbiz

Feature | 08/25/2017

Profs. Holt and Shobe: New design ideas for RGGI

"In a new independent report posted today by Resources for the Future (RFF)-Expanding the Toolkit: The Potential Role for an Emissions Containment Reserve in RGGI -RFF's Dallas Burtraw, Karen Palmer, and Anthony Paul, with the University of Virginia's Charles Holt and William Shobe, use simulation modeling and laboratory experiments to assess this potential new design idea for RGGI."

Feature | 04/19/2016

Women in Economics

Economics Conference at UVA Promotes Opportunities for Women in the Field

Lexi Schubert (Econ & Cog Sci, Class of '17) also had this to say about the conference: "Personally, it was incredibly inspiring to meet economists like Sandy Black and Claudia Goldin. They are incredible role models and reinforced my own aspirations to go into academia. The conference also reinforced the idea that it is important to provide students with more information on what economics can be about. Often economics is perceived as an alternative business major. However, it is much more than that. A large part of the "economic training" is about giving students neat tools for solving problems. Those can be used in business, but also far beyond, into fields like education, development, health, public policy, etc. Making the information about ample opportunities as an econ major available to incoming students - especially women - is something that the Economics Club at UVA will look into now. Also, peer-led programs, like the Department's Undergraduate Teaching Fellowship or the Econ Club's Tutoring Program, play a crucial role in providing students with that kind of information from bottom-up instead of top-down."

Feature | 09/29/2016

ECO NEWSLETTER 9.29.16

Hello << Test First Name >>,

Here is this week's Updates and Announcements listing from the Economics Career Office. Below you will find Job and Internship Announcements from alumni and employers, Articles from the ECO, and Job Expiration dates from OGI-Handshake. If you have any questions, please feel free to write.

All the best,
Jen

Upcoming Job Expiration Dates

Announcements (Examples: Credit Suisse Info Session, Jobs with the Federal Reserve in St. Louis and Chicago, Research Assistant at Columbia Business School)

Articles
Jobs for Economics Majors (Note, although this article includes a Top Ten List, the ECO does not claim that these are the "Top Ten" jobs for majors. This list is meant to be a resource in your search.

Career Advice for Economics Majors (Written for college students by a corporate economist/university professor.)

Networking for Economics Majors (Written for college students by a corporate economist/university professor.)

Economics Alum in the News with Innovative Technology

Tough Interview Questions (Just for fun, many of these questions are typically not for entry-level interviews, but the questions and answers are very informative and can be applied to all job searches!)

Feature | 09/23/2016

Job Search for Economics Majors- Part 1 of 2

Part 1 of two articles on starting the career search as an Economics major, written by Professor Bill Conerly.

Feature | 10/10/2016

ECON Alum: Diane Cherry, Class of '89

At the time of the production of this profile, Ms. Cherry worked as the Environments Policy Manager at the Institute of Emerging Issues. Learn more about Ms. Cherry's current position here: http://www.energync.org/page/bio_diane_C/Diane-Cherry.htm

Why study economics?

Economics is one of the most important topics that explain everyday life.  It tells us why consumers and firms behave the way they do and how they relate to each other and to institutions such as the government. As two examples -- economics explains how firms react to different types of regulation and how the Federal Reserve’s monetary policies impact the interest rates consumers face when they go to finance the purchase of their house. Economics can be applied to all kinds of sectors such as healthcare, the environment and education. In nearly every issue or discussion people want to know who is impacted and how much something costs.  All of that requires an understanding of economics. More broadly, economics teaches analytical and problem solving skills that employers continually search for in their employees.

2. What course/professor was influential and why?

Dr. Ed Olsen was the most influential professor I had when I was at UVA.  I was part of the economics distinguished majors program and spent my fourth year doing a research paper on how announcements of money supply affect interest rates and exchange rates.  I really enjoyed the research aspect of the work and wanted to continue as a research assistant in some capacity after I graduated.  Dr. Olsen provided me the names and contacts of several organizations in Washington, D.C. that hire research assistants out of college and I was fortunate enough to work for one organization for two and a half years before I went to graduate school.

3. What made the economics department attractive to you/what made it special?  

The economics department was special for a number of reasons.  First, I really enjoyed the distinguished majors program and the small number of students that were part of that group.  We socialized together and studied together and many of us had similar career interests.  Second, I really had a chance to get to know my professors – Dr. Charlie Holt and Dr. Ed Olsen were two of them-- and I have even stayed in touch with them fifteen years later. Third, the department offered a variety of classes in everything from labor economics to public finance and all of these topics explored economics in a different way. There really was something available for anyone and now the department offers even more classes than when I attended UVA.

4. Your job title is Environments Policy Manager. In your own words, what is it that you do and how is your job related to your major?

I am the Environments Policy Manager at the Institute for Emerging Issues, a public policy organization housed at NC State University and founded by former Governor Jim Hunt.  In my job, I work collaboratively with individuals from all sectors and areas of North Carolina to build collective action in energy, infrastructure, transportation and the natural environment. I also teach U.S. Environmental Policy, Written Communication for Public Policy and other courses in the MPA program at NC State University.  Previously, I worked as a senior policy advisor for North Carolina’s environmental director and as a Presidential Management Fellow for the EPA.

The environmental and energy field is very divisive.  Economics plays an important part of the discussion of what the state of North Carolina should do to encourage everything from the development of renewable energy to the deployment of broadband in rural areas of the state.  The other factor that permeates most of the discussions I am part of is the role of the private and the public sector in solving energy and environmental issues. Depending on one’s viewpoint, there should either be a strong role for the government or the outcome should be left to market.  The conversations are interesting and economics inevitably has a big piece of the discussion.

5. What is an interesting project you’ve worked on?

One of the most interesting projects I worked on recently was developing a workshop for about one hundred stakeholders across North Carolina on the implications of the EPA’s Clean Power Plan (CPP) on North Carolina’s future energy footprint.  The CPP’s carbon dioxide standards reflect “the best system of emission reductions” and each state is obliged to develop an individual program for compliance.  This set of regulations serves as a national signal for the end of coal as the backbone of our nation’s energy needs. Meanwhile, the Plan also opens up enormous market opportunities for manufacturers of energy-efficient products and components of renewable energy systems. North Carolina’s manufacturers excel in both of these product sectors.

6. What advice do you have for students about their time in the department in relation to preparing for next steps?

When I was in my third and fourth year I knew I wanted to work for a while before going to graduate school but I didn’t know where or in what field.  I found the professors an amazing resource to talk with about the opportunities available to economics majors.  Dr. Olsen in particular was really helpful and provided me the names of over a dozen organizations that hired research assistants for two or three years.  I interviewed with several before deciding upon Resources for the Future and that job has influenced my entire career trajectory. 

7. What do you know now you wish you had known while you were majoring in economics at U.Va.?  

I wished I had talked with more students who took different career paths following graduation. Economics is a major that leads to a number of careers. I never really considered consulting or law school but that was in part because I never had exposure to students who worked in those fields.  I believe that the best way to find your path going forward is to get exposure to as many people who have different careers.  Each time you learn something you don’t want to do it is a clearer path to finding what you do want to do.

8. Who (or what) has been influential in your career and why?

My graduate degree in public policy from the Kennedy School of Government at Harvard University was very instrumental toward my career path.  I had an interest in policy issues back in the early 1990s when I left UVA and worked in Washington, D.C. but graduate programs in public policy then were not nearly as prevalent as they are now.  I kind of backed into a public policy career after eliminating a Ph.D. in economics as one of my career options.  My boss at Resources for the Future where I worked as a research assistant had contacts at the Kennedy School of Government and suggested that I apply there for graduate school.

9. What is on the horizon for you/other career goals you have in mind?  

I have really enjoyed teaching public policy courses at NC State University and hope to continue teaching in the indefinite future.  Since I’ve been working about twenty years in public policy it is fun to teach public policy tools to the next generation of professionals.

10. Tell us a fun fact about you.

I really enjoy running and have already completed five half marathons throughout North Carolina.  I don’t think I’ll ever train for a full marathon but running is a great way to relieve stress and ruminate about things that require a lot of thinking.

 

Feature | 07/11/2018

Dan Savelle Selected to Present at ZEW Conference

Graduate student Daniel Savelle was selected to present his paper “Discrete Choices with (and without) Ordered Search” at the 16th ZEW Conference on the Economics of Information and Communication Technologies in Mannheim, Germany. Dan presented his theoretical research that relates ordered search with classic discrete choice. Other interesting topics presented at the conference included platform economics, bias in review systems, analysis of social media, and machine learning. This conference blends theoretical, empirical and policy oriented research to provide cutting-edge results pertaining to the digital economy.

 

 

Feature | 06/11/2014

The Secret Life of Ken Elzinga

"Professor Ken Elzinga would kill to teach you economics. On paper, at least. The revered U.Va. professor—who has taught more than 40,000  U.Va. students since 1967—has all the while been penning murder mysteries on the side, under the pen name Marshall Jevons, with a protagonist who solves crime using economic theory..." (Michelle Koidin Jaffee) 

Read the full story here.

Feature | 07/06/2018

PhD Candidate Emily Cook Publishes Article with Professors Ciliberto (UVA) and Williams (UNC)

UVA Professor Federico Ciliberto, UVA PhD Candidate Emily E. Cook, and UVA alumnus and current UNC Professor Jonathan W. Williams recently published “Network Structure and Consolidation in the U.S. Airline Industry, 1990-2015” in the Review of Industrial Organization. The authors study the effect of consolidation on airline network connectivity using three measures of centrality from graph theory: Degree; Closeness; and Betweenness. Degree is the fraction of all possible links that are actually served by at least one airline out of an airport; Closeness is the inverse of the average distance (i.e., number of links) from an airport to every other airport; and Betweenness is the frequency with which an airport is found to be on the shortest path between two other airports.

Changes in these measures from 1990 to 2015 imply: i) the average airport services a greater proportion of possible routes; ii) the average origin airport is fewer stops away from any given destination; and iii) the average hub is less often along the shortest route between two other airports. Yet, the authors find the trend toward greater connectivity in the national network structure is largely unaffected by consolidation—in the form of mergers and codeshare agreements—during this period. Forty years after its deregulation, the airline industry continues to be the focus of research, antitrust cases, and public policy debates. In this paper the authors contribute to the evolving debate by examining how mergers and alliances have shaped the entire industry’s U.S. network.

The figure above, which captures trends in the network measures from 1990 to 2015, shows the year fixed effects and associated confidence intervals from separate OLS regressions of standardized Degree, Closeness, and Betweenness on a constant along with year, month, and airport fixed effects.

These maps show the average Betweenness by airport by year for years 1990, 2000, 2010, and 2015. Darker shading and larger size correspond to airport locations with a higher Betweenness measure in that year. The Betweenness measure captures hubbing behavior well, and separates major hubs from non-hubs. By this measure, Chicago O’Hare (ORD) was the most important hub in 1990, but by 2000 Atlanta (ATL) had overtaken Chicago. By 2010, Cincinnati (CVG) and St. Louis (STL) had stopped functioning as hubs, and by 2015, Charlotte (CLT) became a significant hub.

 

 

Feature | 11/07/2016

ECO NEWSLETTER 11.6.16

Quick Job Search Tips and Just a Few Events!

Feature | 08/24/2017

ECON Grads at the 6th Lindau meeting on Economic Sciences

Graduate student Devaki Ghose was selected among young economists through a combination of written application and interviews to be a panelist alongside Eric Maskin (Nobel Laureate, Economics) and Howard Yana Shapiro (Chief Agricultural Scientist, Mars Incorporated) to discuss economic inequality in a globalized world on August 24th.

 

The panelists first discussed their views on economic inequality, solutions and then the forum was open to questions from the audience. The following articles cover the event-

http://www.lindau-nobel.org/blog-the-puzzle-of-global-inequality/

https://www.linkedin.com/pulse/fighting-economic-inequality-through-food-supply-chain-shapiro

http://blog.worldagroforestry.org/index.php/2017/08/28/fighting-economic-inequality-through-the-food-supply-chain/

 

ECONGrads Cailin Slattery and Ia Vardishvilli also participated in the conference.

Ia presenting her work to laureates (you can see Pissardes in the picture).

Cailin with the other NSF sponsored students at a lunch with two laureates (standing next to Prescott).

Feature | 03/07/2018

ARTICLE: NETWORKING IS JUST CHATTING

"Networking. Just seeing the word is enough to make your palms sweaty and your mouth dry. When someone brings up the idea, you begin looking for a way to escape. But networking is essential to advancing in your career." - Karyn Mullins

Click here to read the rest of the article. 

Feature | 08/12/2016

Tech Careers for Liberal Arts Students

Is it possible to have a Tech career with a Liberal arts degree? Yes it is!

Feature | 08/12/2016

Negotiating Your Salary

Factors to consider when negotiating your salary.

Feature | 07/02/2017

ARTICLE- 15 WORDS YOU SHOULD NEVER USE IN A JOB INTERVIEW

"Receiving an invitation for a job interview can be an exciting time – especially after you’ve been job-searching for a while.

Unfortunately, it’s all too easy to kill off all your chances of getting a job by saying just a few wrong words during your job interview.

To make sure your job interview leads to the next round or a job offer, here’s a list of words which you should aim to avoid."-Steven McConnell

Click here to read the rest of the article

Feature | 09/19/2016

ECO NEWSLETTER 9.19.16

This week's newsletter is loaded with opportunities for economics majors, curated specifically for you!

Feature | 08/12/2016

4 Interview Questions Venture Capital Firms Ask

Venture capital interviews aren’t tricky. Generally, there are no brainteasers or case questions. A VC interview is a chance for venture capitalists to get a sense of you, the same way they do when meeting with entrepreneurs. That’s how venture capitalists make investment decisions—(You may need to login into CavLink to access this article).

Feature | 02/03/2017

Beating Corruption with Technology

"More than 1.9 billion individuals in the developing world benefit from social safety net programs: noncontributory transfer programs that distribute cash or basic in-kind products to the poor. But despite their importance, high levels of corruption often stifle the effectiveness of these programs. If cash transfer programs are particularly prone to graft, then in-kind programs should be preferred in practice. In a recent paper, Muralidharan et al [UVA Prof. Sandip Sukhtankar, and UC San Diego Profs Karthik Muralidharan & Paul Niehaus] report evidence to the contrary by showing that use of a modern banking technology—biometric smart cards—can help to drastically reduce corruption in cash transfer programs."- Rema Hanna

Feature | 08/08/2017

ARTICLE - 5 BEST APPS FOR TIME MANAGEMENT

"These days, we do lots of things online. While this saves us a lot of time, it also demands more focus and concentration on our part. With all the distractions the internet offers, you may want to use some effective time management tools to eliminate them." -Jack Milgram

 

Click here to read the rest of the article. 

Feature | 04/10/2017

Using Twitter to track the FX Market

See Professor Van Wincoop and Vahid Gholampour's research here: http://www.people.virginia.edu/~ev4n/papers/twitter_Feb_27a.pdf

"Traders need look no further than their Twitter feeds to gain an edge in currency markets, according to a new study by a pair of academics.

Buying and selling the euro based on predictions tweeted by currency watchers would give you risk-adjusted returns almost four times bigger than standard carry-trade strategies, Vahid Gholampour and Eric van Wincoop found in a paper published last month." - Bloomberg, Liam Vaughan

Feature | 08/17/2016

NEW FACULTY for Fall 2016!

The Department of Economics is delighted to welcome Kerem Cosar, Sandip Sukhtankar, Jae Won Lee, Jonathon Colmer, and Eric Chyn as new faculty members this Fall 2016!

Please read more about our new professors below.

Feature | 08/12/2016

Tips from a former Morgan Stanley Intern

A former Morgan Stanley intern, Ellen Jin, turned full-time Credit Risk Analyst talks about her experience with finding an internship and how she worked her way up to where she is now!

Feature | 08/12/2016

Common Resume Mistakes

It's easy to rely on Spellcheck, but you might be surprised by how many grammatical and spelling mistakes it can miss.

Feature | 10/18/2016

ECO NEWSLETTER 10.18.16

Job Postings from Alumni, Events, and this week an Alumna Profile, just for economics majors.

Feature | 08/02/2017

ARTICLE - HOW TO MASTER EFFECTIVE STORYTELLING IN INTERVIEWS

"You feel nervous about your career stories, and the fact that you have to tell stories in interviews drives you bananas. You're not sure whether your stories are even any good. You don't know if what you did was even that special." -Natalie Fisher 

Click here to read the rest of the article

Feature | 05/26/2017

ECO Newsletter 5.2.17

One week Business Lab in D.C. for Majors!

Feature | 01/26/2018

Christopher J. Ruhm, Professor of Public Policy and Economics, finds availability at the source of the opioid epidemic

Feature | 10/17/2016

From Vault: Prestigious Internships

"Today, Vault released its annual ranking of the 50 Most Prestigious Internships. This year, the ranking was based on a survey of more than 11,000 interns and former interns at more than 100 firms. Our survey asked interns to rate the prestige of other employers in order to determine which internships are the most desirable." (Derek Loosvelt)

Feature | 10/11/2016

ECON Alum: Yingqi Liu, Class of '16

1. Why did you choose to study economics?

Coming into UVa, I knew that I wanted to major in something that is theory-based and can give me solid quantitative trainings. Economics major offers me these, and I can also apply theories that I have learned in class to explain phenomenon in my daily life.

2. What courses/professors have been the most influential and why?

I enjoyed taking many classes, including Industrial Organization with Professor Mills and Econometrics with Professor Michener. If I had to pick, perhaps Antitrust Policy with Professor Elzinga would be one of the most influential courses. In class, we examined the progression of court rulings of interesting antitrust issues over time, some of which took place during the timeframe of the class. I got a much better understanding of economic consulting, and applied for my current job.

3. Over the summer you worked as an intern. In your own words, what did you do in this role? How was it related to your major/how did you use what you've learned in the department to secure this role and on the job?

I interned at a wealth management firm over the summer. It was mainly a client-facing role with access to the most up-to-date market research data. I got to work with a wonderful team and learned more about the financial industry. The analytical training in the Econ Department prepared me well for this role.

4. What career goals do you have for your future?  (immediate/long-term)

I will work for Cornerstone Research after graduation. After a few years, I plan to attend graduate school (MBA or JD).

5. If the ECO has helped in your experience at U.Va., kindly share how/why.

The ECO has been an extremely valuable resource in every stage of my career exploration. By attending numerous career panels, I got to see a wide variety of industries and met many distinguished Econ alumni. I also enjoyed speaking with Jen, who always provided me with constructive feedback and steered me toward the right direction.

6. What is a fun fact about you?

I graduated from a high school in Green Bay, Wisconsin. I did go to Packers games and I do own a Packers jersey, but I have never worn a cheese hat.

Feature | 10/11/2016

ECON Alum: Emily Snow, Class of '16

1. Why did you choose to study economics? 

A month into my first semester, Professor Elzinga gave a lecture in ECON 201 that changed the course of my college trajectory. The topic—rational consumer behavior—was neither inspiring nor profound, but the lesson stuck. I found myself measuring the costs of a good in terms of its next best alternative, ignoring sunk costs when I made a decision, and seeing applications of economics everywhere. Drawn to this “economic way of thinking” during my first months of school, I attended my professors’ office hours, participated in behavioral experiments in the VEcon Lab, and even went water-skiing with Professor Elzinga. As I pursued economics further in subsequent semesters, I was struck by its systematic explanations for the world around me—everything from business strategies to Congressional voting procedures to income inequality. I was fascinated by these questions and the way that economics answered them, and there was no turning back! 

2. What courses/ professors have been particularly influential and why? 

This question is a tough one, because there have been so many! I'm grateful to Mr. Elzinga for his wise counsel, steadfast mentorship, and the way that he constantly challenges me. His ECON 201 class first drew me to the subject, and since then I've had the pleasure of learning from him in his Antitrust seminar and through an independent study on the intersection of economic thought and Christian theology. I'm grateful to Mr. Coppock for his encouragement and natural gift for relating to students. His Public Choice seminar was incredibly interesting and stimulating, and it remains by favorite class to date. I'm grateful to Mr. Holt for his patience, kindness, and willingness to invest in my academic potential. Learning from his expertise in experimental economics has been a true privilege. And the list goes on! I'm grateful to Mr. Olsen for guiding me through my first research project, to Mr. Burton for connecting me wonderful people and opportunities in the Department, to Ms. Turner for her amazing dedication to her students' flourishing, and to many others who have invested in me. 

3. What makes the economics department special? 

As my previous answer demonstrates, the faculty in the economics department have made all the difference to me. They create an atmosphere in which freedom of inquiry flourishes and opportunities abound. During my time in the department, I've particularly enjoyed the opportunity to conduct research. Last year, I completed an independent study in which I used Stata to estimate the efficiency gains of housing vouchers as opposed to public housing. Additionally, I work as a Research Assistant in the VEcon Lab, exploring ways that human behavior either aligns with or deviates from economic theory. In addition to these pursuits, I've also gained immense value from the opportunity to serve as a Teaching Assistant in introductory economics courses. Teaching is a great responsibility and privilege, and helping my students grasp the discipline’s most fundamental principles reminds me of why I fell in love with economics in the first place.

4. How did you spend your summer between third and fourth year? (This language has been changed. Former question asked “How did you spend last summer?” Or, we may mention in the heading that these responses were collected while you were a student and now you are an Associate with BCG.)

I had a fantastic summer interning for BCG in their DC office. My role as a Summer Associate involved collaborating with my case team to strategically simplify the organizational structure of a large tech firm. Day to day, I spent good deal of my time building models on Excel, creating Powerpoint decks for client presentations, and performing data analysis with my team. At the most basic level, my task was to solve problems, and both the content of the work and the atmosphere of the office made my job both stimulating and sustainable. I have no doubt that the experiences the Economics Department has provided me differentiated me as a job candidate, and Jen Jones and the ECO office were enormously valuable to me as I navigated the job recruitment process. Furthermore, once I began my internship, it became abundantly clear that the critical thinking that I learn through my economics coursework would help me succeed in the Associate role. I am looking forward to returning to BCG as a full-time Associate next year. 

5. What is the most interesting thing you've done in the Department?

Serving as one of the first undergraduate Teaching Assistant for introductory economics courses has been and continues to be an incredible privilege and learning opportunity. Standing in front of a classroom twice each week, I’ve learned to present economics concepts in creative ways. I’ve learned to establish credibility by coming prepared for class and by speaking with confidence. I’ve learned to establish approachability by adding lighthearted elements to my lessons and being transparent about any mistakes I make. Working one-on-one with my students, I’ve learned the joys of helping others succeed. I’ve learned to help my students work out practice problems themselves, rather than just listen to me explain them. I’ve learned to exhibit patience and encouragement in the face of my students’ frustration and disappointment, particularly after midterms. 

As a returning TA this year, my goal is been to use these lessons to both improve upon my teaching and to be a leader among new undergraduate TAs. I seek to be a role model by putting my students’ needs above my own. Whether it means putting extra effort into planning interactive lessons, sacrificing time to meet outside of my office hours, or simply demonstrating to my students how much I care about their success, my role as a Teaching Assistant continues to be my most meaningful University involvement. 

Feature | 03/24/2015

Research at the Frontiers in Big Data

"As the sheer volume of data in a range of computationally intensive fields grows bigger, computer scientists, engineers and researchers from across the disciplines are finding that work involving “big data” increasingly lands at the intersection of disciplines.  Denis Nekipelov, a new associate professor of economics at the University of Virginia, calls it “research at the frontiers.” (Fariss Samarrai)

To read more of this article, click here.

Feature | 06/10/2015

Immigrant Job Creation

"Politicians on both sides of the aisle have raised concerns about immigrants taking American jobs, but one University of Virginia economist makes a compelling case for the opposite effect.

Dubbing immigrants “a shot in the arm” for local economies, economics professor John McLaren found that immigrant workers actually create new local jobs, many of them subsequently filled by American-born employees.

The National Bureau of Economic Research recently circulated the study, which was conducted by McLaren and Gihoon Hong, who earned his Ph.D. in economics from U.Va. in 2010. McLaren and Hong find that each new immigrant generates 1.2 local jobs." (Caroline Newman)

See the full article here.

Feature | 08/30/2016

ECO Newsletter 8.30.16

Economics Internship and Job Search Basics Workshops - Now open!

Feature | 05/08/2018

In Memoriam: Leland B. Yeager (November 4, 1924 - April 23, 2018)

Leland Yeager died on April 23, 2018 at the age of 93. Yeager was the last of the remarkable group of scholars–including Buchanan, Tullock, Coase, Nutter–that made Virginia political economy. He is best known for his contributions to monetary theory and international monetary economics.  Professor Yeager earned his A.B. from Oberlin College and his M.A. and Ph.D. in economics from Columbia University. Following a brief stint at the University of Maryland, he taught for nearly three decades at the University of Virginia. Yeager finished his career at Auburn University, where he was Ludwig von Mises Distinguished Professor of Economics.

Below are a number of wonderful tributes to Mr. Yeager:

 

Feature | 01/16/2017

Thoughts on the 2017 US Economy: Prof. Ed Burton & Prof. Richard Evans (Darden)

Thoughts on the 2017 Economy from ECON Prof. Ed Burton (ECON 4340 & 4370), and UVA Darden School of Business Prof. Richard Evans.

Photo credit: Dan Addison, University Communications

Feature | 11/14/2017

ARTICLE - HOW TO TELL IF A JOB WILL BE A GOOD FIT

"Have you ever felt like a fish out of water at a job? 

You don't fit in, you don't feel the vibe, and you know that these aren't your people. Whatever you do, you don't feel welcome, and you can't do anything right. Your co-workers don't understand you. You don't enjoy most of the work itself, and you struggle to figure out how to do things (or who to ask for help). You feel like you're just biding your time until you can get out, and you spend a lot of time planning your escape." -Natalie Fisher

Feature | 04/05/2018

ARTICLE - TIPS FOR NETWORKING AS AN INTROVERT

"So… being an introvert does NOT mean you don’t have social skills. As career development folks, we all know this, right? Right. However, it does mean that for many of us, being around lots of people at one time can be draining. I am what you might consider an “expressive” introvert, so I am often mistaken as an extrovert." -Tiffany I. Waddell

 

Click here to read the rest of the article.

Feature | 01/07/2018

Jennifer Doleac reviews research that finds increasing access to substance abuse and mental health treatment reduces violence and property crime

Feature | 05/30/2017

ARTICLE - TOP 10 JOBS FOR ECONOMICS MAJORS

"If you're the analytical type, fascinated by the world around you, then an economics major might be a good choice for you. A degree in economics can be used in many areas, including public policy and finance. You can use an economics degree to study industry trends, labor markets, the prospects for individual companies, and the forces that drive the economy.

Economics majors learn to gather, organize, and interpret data, using mathematical formulas and statistics to make calculations. They also create models to predict the impact of investments, policy decisions, industry trends, demographics, climate change and much more."-Mike Profita

 

Click here to read the rest of the article. 

 

 

 

Feature | 03/28/2017

Higher Education: lower income students College selections

"Caroline Hoxby [Stanford] and Sarah Turner [UVA] have argued that schools should partner with the College Board or another institution to do this kind of outreach en masse, and grealty increase their share of lower-income students."

Feature | 08/12/2016

Brexit and Your Next Interview

Be prepared to discuss Brexit in your next interview. The question will surely come up and you will want to be fully prepared to discuss it knowledgeably. 

Feature | 08/12/2016

How to Ace your Graduate School Interview

Graduate school interviews can be a nerve wracking process. Learn how to impress from this helpful article.

Feature | 08/30/2017

ECON Grads at the 6th Lindau Meeting on Economic Sciences

Feature | 01/18/2018

ECO Winter Break Trek to NYC 1.12.18

The ECO and nine students trekked to the NYC area over Winter Break to visit two power-house firms run by economics majors. First we visited private equity firm Kelso in Manhattan followed by a visit to W&P Design in Greenpoint, NYC an urban-industrial hot spot in Brooklyn. Details of our visit follow, but one important take away from both visits was the power of the UVA network. Our alumni discussed this directly and indirectly as benefiting them personally and in their professional work.

At Kelso, we met UVA economics alumnus CEO Frank Loverro and Managing Director, UVA History alumnus Frank Bynum in their plush offices on Park Ave. Firm V.P. Bill Frayer. (Colgate University) walked us through the recruiting process for PE and several deals that the firm has worked on. Kelso invests primarily in middle market companies in Energy, Healthcare, Financial Services, Consumer Goods, Industrial, and Media. We learned about the deal process from idea sourcing through valuation, purchasing, management, and selling. We also heard how both Frank and Frank acquired their jobs at Kelso and what their work is like at the senior level. We met UVA McIntire School alumnus Forrest Compton, who discussed his background at Credit Suisse before moving to Kelso and Dan Slutsky's (Brown) experiences with Kelso as an Associate after moving from M&A at Bank of America. The attending students made some great connections for future opportunities. Kelso looks forward to staying connected to the department. 

Our next stop was W&P Design, "a unique full-stack product design company. The firm sees ideas through from design, to manufacturing and delivery. Economics alumnus Josh Williams gave us a tour of their open, contemporary multi-use space in an industrial section of Brooklyn overlooking the Hudson River. It offered a different office culture than Kelso and our UVA students had a chance to observe these very different work environments. The space houses a design team, sales team, operations and logistics, marketing, and production team. Manufacturing and most distribution are off-site. In just five years the company has grown from a staff of 2 (Josh and fellow UVA alumnus and long-time friend Eric Prum) to 80 employees in the states and 100 employees including their overseas staff. Their first round of major funding was for a particular product "the mason shaker" and was crowd-sourced through Kickstarter.  It was one of the most successful Kickstarter campaigns at the time seeking a goal of $5,000 and reaching $75,000. The company's products are in catalogs all over the world and in stores like Nordstrom, Bloomingdales, and Williams-Sonoma. But even with that national and international reach, they keep much business close to home in NYC and in Central Virginia. Their primary distribution center is close to Lynchburg.

A new major project for Josh and Eric is the launch of their consumer goods incubator, Assembly. It is an innovative model where ideas are conceived through the company leadership and then teams are hired to build the products and launch the newly founded company. They are hiring summer interns in sales and design, and full time staff in sales, design and project management. They are also seeking Co-Founders of their newest brands. 

Both Josh and Eric had other jobs before launching W&P, Josh with Lehman Brothers/Barclays and Eric working for a paintball manufacturing company. They got their first taste of owning their own business running a catering company in Charlottesville while they were students.

After leaving Barclay's, Josh attended Culinary School in New Orleans and soon after Eric and Josh launched W&PDesign, they brought on a former intern and friend, UVA alumna Elizabeth Tilton, to build out and run their marketing department. You can read more about all three UVA alumni and W&P Design here.

This first ECO trip was a huge success and we thank our alumni for making it so.

 

 

Feature | 07/13/2017

Aaron Phipps presents at the APPAM on July 13, 2017

"The Role of Production Uncertainty in Teacher Performance Pay: Theory and Experimental Evidence", presented at the International Conference of the Association for Public Policy Analysis and Management (APPAM) on July 13

Teacher performance incentives have not had consistently positive effects in the U.S. A necessary theoretical and empirical problem is how to design an incentive to induce the optimal allocation of effort among multiple tasks, which is usually modeled by assuming agents know the production function. Unlike some production processes in which output relies solely on worker skill and effort, teaching is distinguished by its complexity and its dependence on the reciprocal effort of students. The result is a context in which individual teachers are uncertain about the net marginal productivity of inputs. The innovation of this paper is to develop a model in which uncertainty about the production process in student learning (“production uncertainty”) is incorporated explicitly in the model of behavior and to assess agent responses to different incentive schemes in a laboratory experiment.

Feature | 10/20/2017

ARTICLE - DARING TO DECLINE: KNOWING WHEN TO SAY NO TO A JOB OFFER

by Samantha McGurgan

Congratulations—you got the offer! This is cause for a celebration! Except…why are you experiencing the sinking feeling of dread? You may feel obligated to accept the offer because you already invested so much time and effort in getting to this point, and starting over takes So. Much. Work. You might be thinking:

Is it ok if I say no?
Who says no in this economy?
How do I even determine if it’s not right for me?

As someone who has said no to few offers over the years, I understand how uncomfortable and scary it is to say no to a perfectly good offer on paper. And I can also attest to the fact that I have never regretted saying no to job that didn’t feel right, and only have regretted saying yes. Here are a few questions to ponder through this decision-making process:

1.) How does your body feel? Stop analyzing, over-thinking, second-guessing, and Googling for the answer. Check in with your body: what is your gut telling you? Listen to it. Unapologetically. It’s never wrong. It’s normal to have a bit of nerves when facing a new challenge or embarking on new territory. But there’s a difference between distress (unhealthy) and eustress (healthy). Get to know how your body reacts to negative and positive stress by reflecting on the last time you experienced something of each type—how did it feel? How do those two experiences compare?

For me, I feel depleted, tired, and unconsciously withdraw when experiencing distress. I clench my teeth. Deep down I know it’s not right, but I run over it repeatedly in my mind trying to find a way to make it work. My husband says: You just got an offer—why aren’t we celebrating?

Conversely, I feel charged up, energetic, and motivated when faced with the possibility of a new and exciting challenge (aka a job I actually want). I feel inspired. I literally jump for joy after getting the call that I’ve been selected as the top candidate. I feel like everything was worth it after all.

Bottom line: If the offer doesn’t make you feel good, this is a warning sign. It’s worth it to wait for the job that won’t make you want to quit after three months.

2.) Are you running toward the finish line or being chased by wolves? Both of these instances involve quick, forward momentum. The difference lies within the motivation. My first question is always: Do you want the job or are you afraid that it’s your only option?

There are currently more job openings in the United States than people who are unemployed. The culture of scarcity that has been drilled into us since the Great Recession doesn’t reflect the reality of the job market. Given that you are qualified for the role you are seeking, wait for the job that will provide a sustainable opportunity for career growth, rather than accept the first one that comes along (if it’s not truly what you want).

Many of my graduating seniors who are in the midst of their first job plan on accepting a position as a safety net with the intent to keep looking for a better option. I ask them to think deeply about what is lacking in the opportunity, decline the offer, and seek one that is a better fit.

This doesn’t mean don’t accept an entry-level position. This means don’t settle for something okay when you could have something even better if you’d only waited another month or two. Or six. And don’t accept an offer with the intention to bail when something better comes up.

Bottom line: You’re going to find a job. Trust in that. And aim high. Do you really want to go through the interview process any time soon anyway? If you’re already planning to quit before a year or two, decline the offer.

3.) What do you want your life to look like?

If you’re like me, you’ve found yourself lying awake at night asking the Internet for a glimmer of hope or a strategy to make a non-ideal offer work with my life.

Ok Google: Is there a way to spend a two-hour commute that won’t make me angry and hateful?

I’m exaggerating, but the answer is no. For me. Because I have a family, and I know the excitement of a new role would quickly wear off after spending 12 hours each day away from home. Other people I’ve spoken to don’t mind their commute at all because they love their job so much. The question to ponder is, how will this job affect the rest of my life and therefore my happiness? How does this position relate to my ultimate goal? There are going to be sacrifices. Let’s make the sacrifices worthwhile.

Bottom line: The more you know yourself and your goals, the better you can discern if the position is right within the context of your life as a whole.

Samantha McGurgan is a career counselor at California Polytechnic State University, San Luis Obispo, and college success adjunct at Cuesta College. Her greatest moments of joy involve expanding the career horizons of first generation students and supporting military-connected students in their transition to civilian careers. She holds an M.A. in education, with a specialization in counseling and guidance in student affairs from Cal Poly SLO, and a B.S. in human ecology from The Ohio State University.

Courtesy of the National Association of Colleges and Employers.

 

Feature | 02/14/2017

ARTICLE- ARE YOU A NATURAL INNOVATOR

"I am often engaged to speak about innovation and strategy… not in an academic sort of way, people want to know how I took an idea and turned it into reality. One thing (unfortunately) that we do know is that most start-up businesses never reach the heights that match the dreams of the founders…yet others are a run-away successes. I’m not yet putting my enterprises in the category of ‘runaway’ successes – but we are managing to serve many customers, grow, and have a good time while we are doing it. So, we are getting something right."-Naomi Simson

 

Click here to read the rest of the article

Feature | 08/23/2017

ARTICLE - 7 THINGS TO NEVER SAY IN A JOB INTERVIEW

"It’s terrifying to know that the person you’re speaking to is weighing your every word—and could hold the power to change your future. This is why interviews can be so stressful, and why sometimes it can be hard not to blurt out the first thing that comes to mind. No matter how long you prep for the interview, it’s actual practice that gets one better at interviewing. And while there are many things you should say in a job interview, it can be harder to focus on the things not to say. We’ve got the seven things to steer clear of mentioning if you really want that job." -Kristina Rudic

 

Click here to read the rest of the article 

Feature | 06/05/2018

How to Include Volunteer Experience on Your Resume

When it comes to writing or updating your resume, you know you should include your relevant work history, education, and technical skills.

But what about your volunteer experience? Will hiring managers even care about the time you spent building homes in Central America or organizing that charity walk? 

I’ll make this one easy for you: yes!

You should absolutely include volunteer experience on your resume. It’ll help you 

Feature | 06/17/2015

Dowry Killings in India

"As monsoon season arrives in India, the nation’s meteorological department has warned citizens to expect lower rainfall levels for the second year in a row, on the heels of one of the deadliest heat waves in history. The predicted drought could prove dangerous not only for India’s economy but also, according to one University of Virginia economist, for its female population.

Examining the effects of climate change in India, Sheetal Sekhri, an assistant professor of economics, found that decreases in rainfall are correlated with increases in domestic violence and with dowry killings, in which a husband (and his family) kills his wife so that he can remarry and obtain new dowry payments.

According to Sekhri’s study, one standard deviation decrease from long-term average rainfall correlates with approximately an 8 percent increase in dowry killings in the affected region." (Caroline Newman)

See the full article here.

Feature | 09/12/2016

ECO NEWSLETTER 9.12.16

Updates from the ECO with Jobs, Events, and Workshops!

Feature | 10/06/2016

Interview: The Impact of NAFTA with Professor John McLaren

"UVA economics professor John McLaren, along with co-author and UVA graduate alumna Sushanik Hakobyan, recently published a study examining how NAFTA has impacted wage growth in the United States, breaking down results by industry and geographic area.

Looking to determine exactly where and how NAFTA has impacted American workers, McLaren and Hakobyan studied wage growth among employed workers by comparing census data from 1990 and 2000. They found that, while the majority of workers’ wages were not noticeably impacted, a significant minority experienced substantial reductions in wage growth that could be directly correlated with NAFTA.

UVA Today spoke with McLaren to learn more about what his data reveals." (Caroline Newman)

Read the full interview here.

Feature | 10/27/2016

First UVA Economics GRAD Conference

 

UVA Economics Gatherings for Researchers with Advanced Degrees (GRAD) hosted the First Economics GRAD alumni conference in September 2016.  It was a wonderful weekend, drawing alumni who graduated as far back as 1992 and those who just received their PhDs this spring. 

The conference presentations covered a wide range of topics, from Daniel Wilson’s (BA 1995) research on how star scientists choose where to live, to Devesh Raval’s (BA 2005) presentation on the influence of distance on medical provider choice.  The keynote speaker, Derek Neal (PhD 1992), gave a fantastic workshop on his new paper coauthored with Gadi Barlevy, “Allocating Effort and Talent in Professional Labor Markets.”

Following the research sessions the alumni, their guests, several UVA faculty members, and current students enjoyed a cocktail reception in the Monroe Hall courtyard and dinner on The Lawn.  Saturday was a more casual day, with many groups of alumni getting together to revisit old haunts in Charlottesville and discover all the new additions, before meeting for a picnic in the gardens and then heading over together to the Hoo’s football game.

It was a great weekend.

We hope that you will be able to join us next fall for our second conference.  If you would like to get involved or learn more about UVA Econ GRAD - please take 2 minutes to fill out our survey at www.uvaecongrad.com/get-involved, or contact us at Virginia.Econ.Grad@gmail.com.

Best,

Everett Grant (Ph.D. 2015), Federal Reserve Bank of Dallas

Bill Johnson (M.A. 2013), University of Virginia

Jeff Schafer (M.A. 2012), University of Virginia

 

                          

Feature | 09/27/2016

Professor Ed Olsen Calls for Low-Income Housing Reform

"Olsen is a professor of economics and a professor of public policy in the Frank Batten School of Leadership and Public Policy. He began studying low-income housing assistance in the 1960s, shortly before joining the UVA faculty in 1970. He was one of only two economists in the country studying housing assistance and was invited to serve on President Richard Nixon’s Housing Policy Review Task Force in the early 1970s. In the decades since that appointment, he has testified before Senate and House committees several times, provided research and expertise to policymakers and generated some of the most respected studies in his field.

On Wednesday, Olsen spoke in a subcommittee hearing discussing better ways to house vulnerable families. He highlighted the benefits of offering rent subsidy vouchers for existing housing instead of continuing to subsidize the construction and maintenance of the subsidized housing projects that have proliferated in the U.S." (Caroline Newman)

See Professor Olsen's paper and oral testimonies:

Read more here: https://news.virginia.edu/content/senate-hearing-uva-economist-calls-low-income-housing-reform?utm_source=DailyReport&utm_medium=email&utm_campaign=news

(Photo by Dan Addison, University Communications)

Feature | 11/17/2017

UVA alumnus and Economics major, Noah Deich, explores carbon removal through negative emissions

Feature | 12/14/2015

The “New" Renaissance Man

Learn about what tech firms are looking for these days from Prof. Nekipelov (ECON 4720).

Feature | 01/20/2017

ARTICLE- ARE YOU, LIKE, SAYING SOMETHING WITHOUT, LIKE, KNOWING THAT IT'S, LIKE, HURTING YOUR CAREER

"My bet is anyone born during the 1970s likely does it at least 10 times a day. Anyone born during the 1980s likely does it at least 20 times a day. And anyone born after 1990 probably has no clue that they do it close to 100 times a day. What I'm referring to is using the word "like," and using it incorrectly at that. And, like, it is not such a good thing. In fact, it is likely, like, hurting you in, like, interviews, meetings, and, like, pretty much any other work-related setting where you have to speak. Here's why: When you use the word "like" as a filler word or improperly, you typically come across as unengaged in what you're speaking about, unintelligent, nervous, indecisive, and as someone who's lacking a mastery of the English language."-Derek Loosvelt

Click here to read the rest of the article

Feature | 07/12/2018

Welcome to Our New Graduate Students

The UVA Department of Economics is delighted to welcome its incoming class of graduate students. The cohort of 20 students is equally divided with regards to gender. Fifteen of the 22 are international students, 9 of whom earned degrees at other universities in the U.S. Each student in the cohort has at least one previous degree in economics, if not two, and several had a second undergraduate major in math or statistics. They bring with them a wide range of real world experience: one student is completing a position as a Fulbright Scholar at the Free Market Foundation of South Africa; several have completed internships with places such as the Korea Economic Research Institute,  the Harvard Kennedy School of Government, and the Yale School of Management; and others have held professional positions--as economists, research assistants, or analysts--at organizations such as the Bank of Korea, the University of Wisconsin Hospital Emergency Medicine Research Group, the DC Federal Reserve Board, and the NERA Economic Consulting firm.

Feature | 01/13/2017

Influential Education Scholar and #3 Ranking!

Prof. Sarah Turner listed as one of the 9 UVA Influential Education Scholars, AND the ECON Undergraduate Program ranked No. 3 by College Choice!

Feature | 08/07/2017

NEW FACULTY FOR FALL 2017!

The Department of Economics is delighted to welcome Leland Farmer as a new Assistant Professor this Fall 2017.

Professor Farmer uses a blend of cutting-edge empirical methods and economic theory to study linkages between the macroeconomy and the financial sector. He has developed new methods for quantitatively assessing the impact of nonlinearities in economic models. Prominent examples include the zero lower bound on interest rates and the role of stock market volatility in propagating financial crises. Estimates derived using Professor Farmer’s approach have informed the debate on financial regulation and on the monetary policy pursued by the Federal Reserve System. His research on learning demonstrates how  changing economic conditions can lead to short-run predictability of stock market returns.

In 2015, Professor Farmer was awarded the Clive Granger Fellowship at UCSD for the most promising graduate student research. He has presented his work at the 2017 NBER Summer Institute, the Federal Reserve Banks of Chicago and Atlanta, the Stanford Graduate School of Business, as well as a session on macro-financial modeling organized by the prestigious Becker-Friedman Institute. His newly published co-authored paper, “Discretizing nonlinear, non-Gaussian Markov processes with exact conditional moments,” appears in the July 2017 edition of Quantitative Economics.

He received his B.S. with Honors in Mathematical and Computational Science, with a Minor in Economics, from Stanford University in 2011. In 2017, he received his Ph.D. in Economics from UCSD under the supervision of James Hamilton and Allan Timmermann.

Professor Farmer will be teaching ECON 3720: Introduction to Econometrics this fall, and looks forward to teaching Macroeconomics and Econometrics at the Undergraduate and Graduate levels.

 

Feature | 09/27/2016

ARTICLE- HOW TO PREPARE FOR THE "TELL ME ABOUT YOURSELF" INTERVIEW QUESTION

"We all know the question is coming: So tell me a little about yourself.

Here’s the funny thing: even though we’re expecting it, most of us don’t feel fully prepared to respond. How can this question seem like a no-brainer, but then end up being so tricky? Well, for one, it’s easy to get mired down by all the possibilities of just how to answer it. The key is to approach the question strategically, making sure it has a clear story and distinct purpose. Here are 4 ways to help you prepare to ace the prompt: “Tell me about yourself.'"-Caroline Grey

 

Click here to read the rest of the article

Feature | 12/12/2017

Professor Amalia Miller researches Workplace Hierarchies and their impact on women's promotion rates

Photo by Dan Addison, University Communications

Feature | 08/12/2016

Working Overseas

This article offers terrific advice about searching for jobs and internships overseas.

When reading the “Consider the Possibilities” section, keep in mind that many countries abroad have U.Va. alumni chapters, which you may access here.  The ECO is certain that alumni who manage these clubs would be amenable to speaking with you about your questions and ideas.

Feature | 04/01/2017

ARTICLE - HOW TO TURN YOUR INTERNSHIP INTO A FULL-TIME JOB

Click here to read the rest of the article. 

Feature | 01/24/2018

ARTICLE - HOW TO WRITE A RESUME TO BEAT AN AUTOMATED TRACKING SYSTEM

"The majority of applications for many jobs never get seen by a human. If you've ever submitted an application through a company's website, there's a strong chance that your resume was screened—and likely rejected—by an automated system. Here are some tips to help make sure that your resume makes it through in future, so that it can at least get its six seconds with a real live human." - Phil Stott

 

Click here to read the rest of the article. 

Feature | 09/26/2017

JOB INTERVIEW BASICS: PREPARE WELL TO PRESENT WELL

"You put together a solid resume and cover letter, and you’ve just been called in for an interview. If you’re like most job seekers, you may be thinking you’ll just throw on a decent outfit that morning, show up on time, and wing it. That’s fine, if your goal is to be like most job seekers. If you’d prefer to stand out from the crowd, read on."

Click here to read the rest of the article. 

Feature | 08/04/2016

Quartet Promotes Financial Inclusion

A quartet of UVA economists team up to promote financial inclusion- read more here.

Feature | 08/09/2014

ARTICLE- 30 SMART ANSWERS TO TOUGH INTERVIEW QUESTIONS

"Tough interview questions are supposed to challenge job candidates and make them think on their feet.

This could make the typical job interview "the most harrowing forty-five minutes of your life," writes Vicky Oliver in her book "301 Smart Answers to Tough Interview Questions."

But you can be prepared ahead of time. We've compiled some of the toughest interview questions from Oliver's book — and how to answer them."-Vivian Giang and Alexandra Mondalek

 

Click here to read the rest of the article.

Feature | 01/31/2017

ECO NEWSLETTER 1.31.17

Networking Programs! New Job Postings! Economics Career Forum!

Feature | 08/12/2016

MacroDigest

Check out MacroDigest.com, a new tool created by students from the London School of Economics to follow systemically important conversations and events. Students felt overwhelmed when trying to access the topics, debates, and current events in the global economy due to the thousands of voices in the blogosphere and news continuously posting and updating. Thus, the creation of MacroDigest. Macrodigest clusters information and analysis on everything moving the global economy.  Students will get a lot out of the home page because it provides a simple yet comprehensive look on both breaking and trending systemically important news while showcasing more nuanced debates happening within the economics world.
 
See "Job Search Resources for Economics Majors" for a more complete list of helpful sources, institutes, and databases.

Feature | 12/14/2017

Professor Kerem Cosar discusses NAFTA with UVA Today

Photo by Dan Addison, University Communications

Feature | 09/05/2016

ECO NEWSLETTER 9.5.16

Awesome events and job postings for econ majors! This week's prep programs for Career Fairs!

Feature | 02/16/2017

ECO NEWSLETTER 2.16.17

Meet Alumni Next Week!

Feature | 08/12/2016

A Different Recruitment Method

Large companies are hiring recruits first then assigning a job role to them later. Review the insightful comments at the bottom of the articles.

Feature | 11/01/2016

ECO NEWSLETTER 11.1.16

Opportunities off the Beaten Path

Recruiting Timeline

Feature | 08/12/2015

Jerome Meyinsse: Economics Major and Basketball player

"When former University of Virginia basketball player Jerome Meyinsse returns to Grounds, he always makes two stops:John Paul Jones Arena, home of the men’s basketball team, and Monroe Hall, home of the economics department.

Meyinsse returned again this summer to work out with the current Cavaliers and share wisdom gleaned from five seasons in South America’s professional basketball leagues, where he plays for Brazil’s Flamengo club. Current players would do well to listen – since joining the club two years ago, Meyinsse has enjoyed two national championships, with a third in sight.

“We really enjoy having Jerome back during the summer to work out with our team,” U.Va. head coach Tony Bennett said. “He challenges our post players with his size, skill and competiveness. Jerome has worked hard to become a professional basketball player and was an excellent student at U.Va. We’re certainly proud of what he has accomplished since he graduated.”

At U.Va., the 6-foot-9 Meyinsse was known for his contributions at center, especially during his final season – Bennett’s first – in 2010. He was also known as one of the most outstanding students the program had seen, majoring in economics and minoring in math." (Caroline Newman)

See the full interview here.

Feature | 01/26/2017

ECO Newsletter 1.26.17

Return from Winter Break Edition

 


 

 

Feature | 03/08/2017

2017 Undergraduate Economics Career Forum

Economics alumni will return to Monroe Hall from around the country to share their career experiences with U.Va. students. Career panels will be moderated by Economics faculty.

Feature | 12/28/2017

Amanda Pallais, a former Economics undergraduate, contributed to "research that mattered most in 2017"

Feature | 05/11/2017

NFL player, Chris Long stops by to talk to ECON 4430 students

On April 13th NFL player, Chris Long stopped by to talk to students in ECON 4430: Environmental Economics about his foundation’s work bringing water wells to East Africa

Feature | 10/03/2016

ECO NEWSLETTER 10.3.16

This newsletter from the ECO includes jobs and internships for economics majors, events, and workshops!

Feature | 01/09/2017

US News: Ways to Improve Your Rhetoric for Interviews

Tips on how to more persuasively communicate your skills and accomplishments to impress interviewers: http://money.usnews.com/money/blogs/outside-voices-careers/articles/2016-11-16/4-ways-to-improve-your-interviewing-success

Feature | 04/28/2017

A proposal that would help unemployed with income support and student financial aid.

"The author proposes an Enrollment for Employment and Earnings policy that would make income support and student financial aid available to unemployment insurance recipients, replacing Pell Grants and tuition tax credits for these individuals. Receipt of assistance would be conditional on satisfactory progress as well as completion of an enrollment choice module and academic and financial planning module, ensuring that students have the baseline skills to complete the program and the prospect of employment upon completion. In addition, states would develop a decision support tool to provide adult potential students with a clear comparison of costs, program duration, completion rates, and expected labor market outcomes associated with different postsecondary choices. Finally, federal support for postsecondary institutions would increase during recessions to meet rising demand."

Feature | 02/09/2018

Econ Alum Alex Turowski Plays with Data for a Living! And He Wants You to Too!

2010 economics alumnus Alex Turowski is the new Partner Success Lead at New Engen in Seattle, Washington. What does this mean? Alex plays with data for a living at New Engen, a digital marketing optimization and design firm.

After building a successful career in Search Engine Optimization with Merkle (formerly RKG) here in Charlottesville, Alex was lured to New Engen in Seattle to lead their Partner Success team. 

The firm boasts solid, fast growth and has become an industry leader with clients such as TUMI, Volt Athletics, and Man Crates and partners such as Shopify.

Alex is hiring an entry level analyst and the posting is on Handshake. If you'd like to reach Alex directly, please write to him at https://www.linkedin.com/in/alex-turowski-3b500647/

New Engen is a performance-driven marketing technology company accelerating customer growth through digital marketing optimization. By integrating proprietary software with teams of experienced marketers and data scientists, New Engen helps clients solve some of their most complex digital marketing challenges. The company’s powerful technology solution ignites growth at companies across industries, geographies and maturity. New Engen is headquartered in Seattle with offices in Dallas, New York, San Francisco and Washington, DC.

www.newengen.com

Feature | 12/28/2017

Lee Coppock receives UVa's prestigious 2018 Alumni Association Distinguished Professor Award

Feature | 03/28/2017

Top 40 Grad programs: Economics tied for No. 29 overall!

The following Graduate School of Arts & Sciences all ranked in the top 40 programs in their respective disciplines, as measured by U.S. News:

  • English: tied for No. 6 overall, tied for No. 5 in American literature before 1865;
  • Psychology: No. 17 overall;
  • Corcoran Department of History: tied for No. 18 overall, tied for No. 1 in U.S. colonial history;
  • Economics: tied for No. 29 overall;
  • Sociology: tied for No. 32 overall; and
  • Woodrow Wilson Department of Politics: tied for No. 37 overall.

Feature | 05/17/2018

Professor Jonathan Colmer discusses his latest research with UVA Today

Feature | 08/22/2016

Maintaining Connections through Your Internship

See tips on how to maintain the professional connections you make through your internship.

Feature | 09/23/2016

Professor Ana Fostel: Using Mathematical Models to Understand Global Markets

"Focusing on the intersection of macroeconomics and finance, Fostel employs models that focus on the role of debt in asset pricing to understand investment, growth, default and contagion." (Lorenzo Perez). Learn more about Professor Ana Fostel's research here.

Professor Ana Fostel has taught Global Financial Markets, which should be offered in Spring 2017 (ECON 4365).

Feature | 08/12/2016

From the ECO: Networking Tips

How to plan your networking strategy.

Department of Economics

University of Virginia
248 McCormick Rd
Charlottesville, VA 22904-4182
Phone: 434-924-3177
Fax: 434-982-2904