October Newsletter
October Newsletter

OCTOBER 2023 NEWSLETTER    

CONNECT • INSPIRE  EMPOWER
A MESSAGE FROM THE CHAIR
Dear Alumni and Friends,

Our semester is off to an auspicious beginning.  We are happy to share our early fall accomplishments and look forward to sending regular updates throughout the year. 
In August, we welcomed our largest contingent of undergraduate and graduate students, who came from across the country and around the world. Their academic talent and rich multicultural composition will make a dynamic, engaging economics learning environment. You will find more details about our academic programs as you read further. 
In September, undergraduates benefitted from two key alumni engagement programs. Twenty-four economics alumni are elevating the classroom room experience for our students through the Dornsife Alumni Mentor Program.  In this eight-week program, they provide career exploration, job shadowing and networking opportunities. Women in Economics hosted their Fall forum bringing together alumnae leaders with freshman and sophomore women considering an economics major.  Following an alumnae panel discussion, students were able to network with members who not only shared their experience but offered their future support and advice. 
Recently, we were informed that our research ranking advanced again. We are now #12 on our way to being counted among the Top 10. We attribute that to the quality of our faculty members and the depth of research and publications they are producing. In future newsletters, you will have an opportunity to learn more about our evolving excellence. 
For those of you who contribute your time, expertise, and financial support, my warmest thanks. Alumni are among our greatest assets and we continue to expand opportunities for involvement. Please join us!

Amite,

Romain Ranciere

FIGHT ON FOR OUR INCOMING CLASS!

This welcome reception helped kick-start the new academic year for members of the incoming class.  Two-hundred first-year students and over one-hundred transfer students joined our vibrant economics community this Fall.  

WOMEN IN ECONOMICS
FALL FORUM

Women in Economics hosted their signature Annual Fall Forum. Chair, Deborah Senior PhD ’95, moderated a career panel discussion with four alumnae leaders. Our panelists included:

Students heard from alumnae how their economics education helped advance their careers and had an opportunity to network with the panelists and other guest alumnae. Watch the Fall Forum here.
MASTERS PROGRAM
This fall, the MS in Applied Economics and Econometrics (AEE) welcomed a new cohort of 150 students. Our MS alumni have been accepted in the PhD in economics programs at NYU, Duke, UCI, UC Davis; the PhD program in finance at Texas A&M; as well as positions at PricewaterhouseCoopers LLP, Deloitte, Milken, KPMG (data science team), Worldbank, African Development Bank, Cloud computing at Huawei, among others! 
DOCTORAL PROGRAM
The Department of Economics hosted its first PhD alumni conference this summer with representation from 21 worldwide universities and various industries.  The event included 22 presentations on a wide range of topics including:  Applied Economics, International Trade, Development Economics, Finance, and Discrimination, Equity and Diversity. 
INCOMING PhD COHORT
Our PhD program is comprised of 80 doctoral students. This fall we welcomed 16 new PhD students whose research focus ranges from applied microeconomics, asset pricing, behavioral economics, development economics, econometrics, energy & environmental economics, just to name a few. 

NEW FACULTY SPOTLIGHT


Professor Bai is an econometrician and his research is about how to design experiments in order to estimate the effects of policies with maximum precision. He received his PhD in economics from the University of Chicago in 2020. Before moving to USC, he was an assistant professor at the University of Michigan for three years.
FACULTY RESEARCH SPOTLIGHT
ACHIEVING KIDNEY TRANSPLANT OPTIMALITY
From the more than 100,000 kidney patients on the deceased-donor waitlist in 2018, fewer than 20% received a transplant. Recently, calls have encouraged redesigning the allocation system. Our work proposes a novel approach to simplify much of this complexity while achieving optimality: a simple first-come first-served waitlist with deferrals, together with an appropriate coarsening of the kidney quality measure (Kidney Donor Profile Index).

HELPING SMALL FIRMS IN AFRICA GROW AND CREATE JOBS
In their recent publication, Achieving Scale Collectively, published in the journal Econometrica, Vittorio and co-authors study the organization of production in informal clusters of small firms in Uganda, and how this helps them overcome barriers to technology adoption.
A summary of this article is available here, and a video can be found here.
ECONOMICS OPPORTUNITY FUND
We can't do any of this without your support. Every gift makes an impact.
  • $500 funds five application fees to Ph.D. programs for undergrad fellows

  • $1,000 funds one undergraduate peer tutor for one semester

  • $3,000 funds one undergrad student as a research assistant for one semester

  • $18,000 funds one graduate student as a research assistant for one semester 
Your investment in the Economics Opportunity Fund yields the most priceless dividend: academic excellence!

DEPARTMENT NEWS & UPDATES
ECONOMICS LEADERSHIP COUNCIL
LEARN ABOUT WOMEN IN ECONOMICS
ECONOMICS OPPORTUNITY FUND

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