Tuesday, December 23, 2014

Roanomics Volume 5, Issue 1

Enjoy the latest from the Roanoke College Economics Program.


Thursday, November 20, 2014

November Virginia Consumer Sentiment and Inflation Expectations Report is out: Things are looking good!

Read the latest Consumer Sentiment and Inflation Expectations Report here.

As you can see from the two graphics below, sentiment remains strong in the Commonwealth and short-term inflation expectations are low.


Table 1. US and VA Consumer Sentiment, pst. two yrs.
US data downloaded from FRED 11/17/2014; blue line is US Consumer Sentiment; 
black line is a two year moving average; orange bars are VA Consumer Sentiment


Table 2. Short- and long-term inflation expectations (VA), pst. two yrs.

The next report will be released in February 2015.

Thursday, November 13, 2014

PHHS AP Economics students visit Roanoke College

Four Roanoke College senior economics majors (Emma Webb, Katelyn Nuckoles, William Corso, and Robert Horn) are enrolled in a service learning project in which they help teach the Patrick Henry High School AP Economics class.

On November 13th, the PHHS students visited Roanoke College. They attended an economics class, took a tour, participated in an information session on applying to college hosted by the Admissions Office, and ate lunch with the Roanoke College economists.

You can read the reflections of the semester by the Roanoke College students here.

We will continue the service learning project in the spring.

RC and PHHS service learning students and faculty

Tuesday, November 11, 2014

Public Choice Seminar opportunity available for RC students

Want to spend a weekend on the Virginia coast studying and talking about Public Choice Economics with students and faculty from Roanoke College, Christopher Newport University, and Hampden-Sydney College?

Check out the flyer below for details.

If you are a Roanoke College student and are interested, please contact Dr. Kassens by December 1.

Tuesday, October 28, 2014

Economics Reading Group Meeting #2

The first meeting of the Economics Reading Group was held last week. We discussed the chapter on income facts and fallacies in Thomas Sowell's "Economic Facts and Fallacies." Our discussion was started by watching a video interview of Sowell from 2008 (posted in a previous blog post).

Our next meeting will be held November 20th. In that meeting we will discuss the chapter on male-female facts and fallacies.

To watch a more recent interview (2011) with Sowell on the latest edition of his book, see below.

Wednesday, October 1, 2014

2014-15 Economics Reading Group

The 2014-15 Economics Reading Group has expanded to include a trip to Washington, D.C. in February to visit with an AEI scholar. Ten Roanoke College students are participating.

This semester the group is reading Thomas Sowell's "Economic Facts and Fallacies". You can watch an interview with Sowell about the book below.




Visit this blog for updates on the Reading Group.

Wednesday, September 17, 2014

Economics Service Learning

This semester four economics majors are participating in the first economics service learning course.

Emma Webb, Robert Horn, Katelyn Nuckoles, and William Corso will be assisting Mr. Hartman in teaching his AP Economics course at Patrick Henry High School.


The four Roanoke College students develop simulations and discussion questions each week to bring into the PHHS classroom. Afterwards the economics majors post reflection pieces on the course blog. You can follow the experience by checking out the blog here.

Tuesday, June 10, 2014

Kassens' Appointment to the Virginia Joint Advisory Board o...

Roanoke College Economist, Alice Kassens, was recently appointed by the Governor to serve on his JABE. Read about it below:

The Running Economist: Appointment to the Virginia Joint Advisory Board o...: I am honored and excited to announce that I have been appointed by Governor Terry McAuliffe to the Joint Advisory Board of Economists. Th...

Tuesday, April 29, 2014

Spencer Lewen `14 interviewed by Value Penguin

Roanoke College senior Spencer Lewen, an economics major, was interviewed by Value Penguin. He discussed why he chose to study economics and the future of the field.

You can read his interview here.

Great job Spencer!

Monday, April 14, 2014

Check out blog posts by Roanoke College Health Economics students

This semester Dr. Kassens' Health Economics students have each made five blog posts based upon a prompt.

Students analyzed several big issues such as the economic costs and benefits of PPACA, the "right" to health care, and mandatory paid sick leave.

You can read their posts and see the progress the students made in their writing skills over the semester here.

Tuesday, April 1, 2014

Top words in ECON 122 Twitter Project

Minimum wage dominated the early tweets this semester in Kassens ECON 122 (Principles of Macroeconomics), but things have changed. Check out the current top words and what they are talking about:

Wednesday, March 26, 2014

Several Roanoke College Economics Students Present Posters at the Virginia Association of Economists Annual Meeting

Roanoke College hosted the 41st Virginia Association of Economists Annual Meeting March 20-21.

This year marked the first year for a student poster session. Several Roanoke College economics students participated in the session.

Greg Long and Robert Altier presented an analysis of the recommendations made by their Roanoke College Fed Challenge team in October 2013.


Tamara Smith presented her paper from the fall econometrics course examining the effect of the age rule on player longevity in women's professional tennis.


Congrats to all!

Saturday, March 8, 2014

Spring Economics Reading Group Part 1



The first meeting of the Spring Economics Reading Group will be March 18 from 7-8:30 PM in West Hall  (room to be announced soon). Watch your email for updates.

There will be coffee and cookies provided.

Bring your copy of "Keynes Hayek" to the meeting.

Two questions for you to consider:

1) How do you think Keynes and Hayek would explain the recent financial crisis?

2) How would these views of the causes of the financial crisis frame their policy recommendations.

If you have not picked up your copy of the book, please stop by Dreama Poore's office to get yours ASAP!

Thursday, January 23, 2014

Read a student "story" about different party viewpoints on an increase in the minimum wage

The first Twitter assignment in Dr. Kassens' ECON 122 section involved explaining why different parties might take differing views on the proposal to increase the federal minimum wage. Students were asked to read an article in the New York Times by Gregory Mankiw and then answer a specific question.

Read the assignment and their story in Tweets:

Tuesday, January 21, 2014

Twitter project, take three

For the third time, students in Dr. Kassens' ECON 122 (Principles of Macroeconomics) class are using Twitter to improve written communication skills.

Below you can sees what they are currently talking about.

Check back often as it will update regularly.

Tuesday, January 7, 2014

Spring Economics Reading Group Interest Form

Are you a Roanoke College student and interested in discussing economic freedom? Join the Roanoke College Economics Reading Group! Last fall we read "Capitalism and Freedom" by Milton Friedman and were led in our discussion by Dr. Benne.

This semester we will read "Keynes Hayek: The Clash that Defined Modern Economics" by Nicholas Wapshott. More details about the activites for the reading group will be given as we get into the semester. Each student will be given a copy of the book prior spring break.



Fill out the form below if you are interested and Dr. Kassens will be in touch with more details.