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Omicron Delta Epsilon Chapter Advisor's Session

Paper Session

Friday, Jan. 6, 2023 12:30 PM - 2:15 PM (CST)

New Orleans Marriott, Preservation Hall Studio 5
Hosted By: Omicron Delta Epsilon
  • Chair: Subarna K. Samanta, The College of New Jersey

Discovering Careers and Diversity in Economics Through Inter-institutional Student Club Collaborative

Jacob Aguirre
,
Georgia Institute of Technology
Alex Blecker
,
Oglethorpe University
Jessica Dill
,
Federal Reserve Bank of Atlanta
Megan Houck
,
Federal Reserve Bank of Atlanta
Peter Kower
,
Oglethorpe University
Perry Taylor
,
Caledonian Investment Partners, LLC
Aselia Urmanbetova
,
Georgia Institute of Technology
Philip Vinson
,
Georgia Gwinnett College

Abstract

Born from the initiative of the Economics Club of Atlanta (ECA) to connect with local student
organizations during the time of pandemic-driven uncertainty and isolation, the Economics
Collaborative in the Atlanta-area Academic Institutions (ECoAAAI) brings together student
leaders, faculty advisors and administrators, as well as economics professionals to brainstorm,
build support networks, and shed light on the diverse landscape of careers open to economics
majors. This initiative has also provided students with the tools and information to tackle
standard milestones students face while progressing on their career paths, both in the private
and public sectors. Building such connections and positive spillovers is critically important for
URM and first-gen students. First, the paper outlines our group’s mission that can be broadly
termed as “Discovering Economics” with a focus on careers and internship opportunities open to
undergraduate economics majors, creating the initiative through organizing a collaborative effort
among Atlanta area colleges and Universities and our structure and member institutions.
Second, we describe the topics and questions raised, which organically lead the thematic
evolution of our events. Lastly, we share our leaders’ group experiences as well as student
feedback that emphasizes the importance of inter-institutional and extra-curricular initiatives for
students and professionals in economics and economics-related fields to stay connected and
supported. The ECoAAAI has five participating institutions and it has presented six
events hosted by institutions for both in-person and virtual audiences.

Female Labor Force Participation and Diet Quality

Janak Joshi
,
Hood College

Abstract

Using a comprehensive panel data of household food purchases and
fixed effect model, we found that diet quality improves by less than 3% when the female head
becomes not working for payment instead of working 35 hours or above per week. To further
examine the causal effect of working hours on diet quality, we employ a regression discontinuity
design and the results show that the retirement of the female head does not improve diet quality of
food purchases Our results suggest that relaxing time constraints is not effective in improving the
diet quality

Racial Stratification and Local Education Funding

Stephen Schmidt
,
Union College

Abstract

Stratification economics suggests that voters will be less willing to fund public education if the beneficiaries are members of a racial or ethnic group they stigmatize. This implies the effect of racial and ethnic diversity on local revenue effort will differ for different groups and for adult and student populations. I examine this prediction using data from United States school districts on local education revenue and racial identification of district populations and students. I find that the predictions of stratification economics are confirmed; in districts where White voters dominate, and only those districts, there is reduced funding for Black students but not other minority students.

Engaging Students with Ethics to Teach Economics: A Proposal

David McClough
,
Ohio Northern University

Abstract

Economics is not a value neutral discipline. Teaching economics as a positive social science ignores the intrinsic normative nature of the discipline. Acknowledging the practical socio-political challenges inherit in economic decisions contextualizes the presentation of economic and contributes to student appreciation and understanding of economics as an academic discipline while enhancing student civic engagement. This essay applies normative concepts to a variety of economic topics and proposes techniques to use ethics to teach economics.

Discussant(s)
David McClough
,
Ohio Northern University
Stephen Schmidt
,
Union College
Janak Joshi
,
Hood College
Aselia Urmanbetova
,
Georgia Tech University
JEL Classifications
  • A1 - General Economics
  • A2 - Economic Education and Teaching of Economics