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About the Department
The Williams College Department of Economics offers a wide variety
of courses. The offering of electives is flexible and designed
to serve the teaching and scholarly interests of faculty members
as well as the interests of students. Electives are offered at
two levels: lower level courses with a Principles prerequisite
and upper level courses requiring intermediate theory. Department
members are also encouraged to develop new courses. The Winter
Study Program offers an opportunity for faculty either to venture
outside their specialities or to emphasize them. A number of Department
members teach in several inter-departmental programs in the College
(Political Economy, Environmental Studies, International Studies,
Women's and Gender Studies, Asian Studies, and several geographic
Area Studies progams).
The Economics Department has 32 regular faculty. In a typical
year, the group in residence numbers about 20. There are 90 seniors
and 93 juniors majoring in Economics this year. There are also
10 seniors and 10 juniors majoring in Political Economy, an inter-departmental
major in economics and political science with a strong public
policy focus. In addition to a strong undergraduate program, the
College also has the Center for Development Economics, staffed
by the Economics Department, which offers a Masters Program in
Development Economics for economists from developing countries.
The department is part of THE NEUDC network, a major forum for
the field of development economics. The location and sponsorship
of the annual NEUDC conference rotates among the organizing institutions:
Williams College, Boston University, Cornell University, Harvard
University and Yale University.
Department members present results of their ongoing research
at weekly economics faculty seminars throughout the academic year.
The Department has recently been ranked first among economics
departments at national liberal arts colleges based on research
publications (J. Hartley and M. Robinson, "Economics Research
at National Liberal Arts Colleges: School Rankings," Journal
of Economic Education, Fall 1997). In addition to the faculty's
own research, the Department and the Center for Development Economics
regularly bring in economists from other institutions to present
work in progress. The Department has three working paper series
-- Research Memoranda on economic development topics, Discussion
Papers from the Williams Project on the Economics of Higher Education,
and Research Papers on all other topics. These papers are distributed
to a large number of individuals and institutions in the U.S.
and other countries and we receive their working papers in exchange.
About Williams College
Williams is a highly selective coeducational liberal arts college
located in northwestern Massachusetts in a town of 8,000 people.
Founded in 1793, Williams now has 2,100 full-time undergraduates;
51 percent are men, 49 percent women. Williams College's endowment
exceeds $1 billion, ranking it among the top decile of all colleges
and universities, as measured by both total endowment and total
endowment per student. The cultural resources of Williamstown
and the Berkshires provide students, faculty, and staff with many
opportunities for recreation, community service, and musical and
theatrical performances.
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