Video Caption: Welcome F&M students! My name is Professor Roncolato and I am the chair of the Economics Department this year at F&M. Welcome to first years, welcome to the F&M community. We are excited to meet you and have you all in class! Sophomores, Juniors and Seniors, welcome back! We are excited for you to continue on your journey with us and excited to have you all in class. If you have any questions about the curriculum or what it is to major in economics you can reach out to me or any of the faculty you see listed in the faculty directory. We are all happy to talk to you about what it is to major in econ and what it is to be an economist. So we are looking forward to a great year and good luck with the start of classes.
2021 Van Dyck Lecture
Thursday, November 4, 2021
7:00 pm - This event will also be livestreamed - check back for more information closer to the event.
Stahr Auditorium, Stager Hall
A lecture by Dr. Nina Banks
"Sadie Alexander: Race, Economic Uncertainty, and the Rights of Citizenship".
"Democracy must be defended today, at any cost,” said our nation’s first Black economist, Sadie T.M. Alexander, in 1939. Alexander was responding to a rise in racial demagoguery by public officials who played on white Americans' dissatisfaction with their economic condition. She argued that economic deprivation was the major obstacle for political, racial, and economic equality. Professor Banks discusses Sadie Alexander’s arguments for the development of an economic system that provides economic security and justice as a basis for safeguarding democratic institutions in the U.S.
Nina Banks is President of the National Economic Association (NEA) and Associate Professor of Economics at Bucknell University. She serves on the Board of Directors of the Economic Policy Institute (EPI) and Editorial Board of The Review of Black Political Economy. Previously she served on the board of the International Association for Feminist Economics (IAFFE). Her research makes visible the hidden work of Black and other marginalized women by developing an economics of their community activism against racial and ethnic disparities. Her determination to restore Black women to U.S. history led to the recovery of the economic thought of the first Black American economist, Sadie T.M. Alexander.
Economics Department Initiative
Inequality, Poverty, Power, and Social Justice
is a new departmental initiative that highlights our long-standing concern with questions of equity and justice through the Curriculum, Student Research, and a Public Forum for dialogue.
Student research projects:
“How Power Works” (Margot Rathke ’20)
“A Lancaster Social Justice Index” (Gabriel Anthony-Kemp ’22 and Gabriel Berdett Laila Carneiro ’20)
"A Lancaster Audit: Toward a Lancaster Moral Budget"
“Inequality, Power and Social Justice"
“Public Policy, Poverty, and Human Capability”
“Wealth and Income Inequality”
"Political Economy of Urban Development"
"Political Economy of Inequality"
- Annual Van Dyck Lecture: “The Urgent Need to Reverse Rising Inequality,” William Spriggs, Professor of Economics at Howard University, Roschel Performing Arts Center, September 18, 2019
- “Reversing Runaway Inequality: A Post Van Dyck Lecture Discussion” — Student-led panel discussion: David Mazer, Margot Rathke, with Professors Fleming, Al-Huq, and Silverman. Brooks House, September 23, 2019
- “Women, Gender, the Economy, and the Economics Profession: A Photo Exhibit” — Stager Hall Third Floor, October, 2019 ---
- “Finding Freedom,” A Common Hour talk by Sonya Clark, Artist and Professor of Art and Art History at Amherst College. Co-sponsored with the Department of Art & Art History, and the Phillips Museum, January 23, 2020
- “Towards a Just Economy: Early Lessons from the Stockton Guaranteed Income Experiment,” Public Lecture by Amy Castro Baker, Assistant Professor of Sociology, University of Pennsylvania School of Social Policy and Practice. Co-sponsored with the Department of Sociology, February 26, 2020
- “Stratification Economics: Understanding Identity and Inequality”— the 2020 Annual Van Dyck Lecture to be delivered by William Darity, Samuel DuBois Cook Professor of Public Policy, Professor of Economics and of African and African American Studies, Duke University, September 21, 2020. Click here for the video.
Photo: Initiative Working Group
Overview of Economics at F&M
Our curriculum better prepares F&M students with a broader realm of knowledge from which to draw throughout their careers. It also distinguishes our majors as they enter the professional world or graduate school, leading to top-level placements.
We offer truly impressive opportunities to work closely with faculty members in highly specialized courses and one-to-one tutorials.
Seniors who have exhibited outstanding scholarship gain access to independent research and study opportunities that can lead to departmental honors and publication in leading journals.
Our program is supported by an active, student-run Economics Club.
An economics major is valuable to any number of different professional disciplines in which critical thinking, analysis, and writing are emphasized.
While most graduates of the program enter the business world, many go on to graduate programs in medicine, law, or economics at such institutions as Oxford, Columbia, NERA, Harvard University, Yale University, University of Pennsylvania, University of California at Berkeley, Cornell University, Michigan State University, and the University of Virginia.
Economics major Khanh Tran '20 during her study abroad at Oxford University, Spring 2019
After the pandemic interrupted their science outreach in Lancaster elementary schools, F&M students returned remotely in the fall with tutoring and clubhouses.Read More
Economist William Darity Jr., founder of “stratification economics,” where social classes within a society are separated along economic lines, discussed his theory and how it applies to reparations...Read More