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Welcome to Economics at Williams College
The 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, Afro-American Studies, Women's and Gender Studies, Asian Studies, and several geographic Area Studies progams).
The Economics Department has 22 regular faculty. In a typical year, the group in residence numbers about 16. There are 84 seniors and 78 juniors majoring in Economics this year. There are also 8 seniors and 15 juniors are 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 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.