Posts Tagged ‘Economics’

Allegheny, Grove City Students Pitch Their Big Ideas

The  Center for Business and Economics at Allegheny College will hold its 11th Annual Big Idea Competition on April 28-29 in Quigley Hall. The contest emulates the experiences seen on the popular CNBC broadcast, “Shark Tank”. The public is welcome to attend the final round of presentations on Saturday, April 29 from 9 a.m. to 3 p.m. 

Students will present entrepreneurial concepts with the chance to receive funding through cash prizes. The ideas must fit into one of four areas: For-profit Business, Not-for-profit Social Venture, Research Project, or Community Engagement Initiative. Students work in teams and design 20-minute presentations for their ideas, which they present at the competition.

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Students Lobby Legislators to Support Private Colleges

Jesse Tomkiewicz and Carlos Sanchez had a simple but powerful message for Harrisburg: Invest in education.

The first-year Allegheny College students were among the more than 225 students from more than 30 private nonprofit colleges and universities who traveled to the state capital on April 4 as part of Student Aid Advocacy Day, sponsored by the Association of Independent Colleges & Universities of Pennsylvania. The annual event gives students from AICUP-member institutions a chance to meet legislators and encourage them to support private colleges and universities. Allegheny has been sending student representatives for at least the past five years.

This year’s event focused primarily on opposing a 50% proposed cut in institutional assistance grants, maintaining funding of PHEAA grant program, and growing the Ready to Succeed Scholarship program to benefit more middle-income students.

Tomkiewicz and Sanchez spent the day meeting with staff members from the offices of Rep. Brad Roae, Rep. Mike Schlossberg, Rep. Peter Schweyer, Sen. Michele Brooks, Sen. Pat Browne, and Gov. Tom Wolf. At each meeting, they handed out fact sheets and information detailing how financial assistance helps students at private colleges and universities, including Allegheny, and the return on investment in higher education.

For Sanchez, an 18-year-old economics major from Allentown, Pennsylvania, the issue is a personal one. (more…)

16th Annual Executive Roundtable: ‘The Trump Presidency: Economic Policy Opportunities and Challenges’

As President Trump and the Republican-led Congress navigate the first 100 days of the Trump presidency, there are many questions about how the promises made on the campaign trail are being incorporated into government policy. What changes in economic policy can we expect to see during a Trump presidency, and how will those policies affect Americans?

The 16th Annual Executive Roundtable at Allegheny College, hosted by the college’s Center for Business and Economics and Law & Policy Program, will bring together experts to speak on “The Trump Presidency: Economic Policy Opportunities and Challenges,” from 4 to 5:30 p.m. on Monday, April 3. The roundtable in the college’s Ford Memorial Chapel is free and open to the public.

Panelists will include Karen Ubelhart ’77, senior industrials analyst for Bloomberg and a member of Allegheny’s Board of Trustees; Martin Pfinsgraff ’77, retired senior deputy comptroller for Large Bank Supervision, Office of the Comptroller of the Currency, U.S. Department of the Treasury, and a member of Allegheny’s Board of Trustees; Norman Robertson, economic advisor for Smithfield Trust Company and former chief economist for Mellon Bank; and Jason MacDonald, associate professor of political science, West Virginia University.Moderating the roundtable will be Tomas Nonnenmacher, professor of economics at Allegheny.

16th Annual Executive Roundtable to Focus on Trump Presidency and the Economy

As President Trump and the Republican-led Congress navigate the first 100 days of the Trump presidency, there are many questions about how the promises made on the campaign trail are being incorporated into government policy. What changes in economic policy can we expect to see during a Trump presidency, and how will those policies affect Americans?
The 16th Annual Executive Roundtable at Allegheny College, hosted by the college’s Center for Business and Economics and Law & Policy Program, will bring together experts to speak on “The Trump Presidency: Economic Policy Opportunities and Challenges,” from 4 to 5:30 p.m. on Monday, April 3. The roundtable in the college’s Ford Memorial Chapel is free and open to the public. (more…)

Park presents at Eastern Economic Association Annual Conference

Assistant Professor of Economics Hyun Woong Park presented his paper “Technical Change and the Rate of Profit When Output is Driven by Price-Value Deviation” on February 26, at the Eastern Economic Association Annual Conference 2017.

Hartford Speaks to Students About Career, Value of Allegheny

Terry Hartford didn’t know he’d end up at Chatham Financial soon after graduating from Allegheny College in 2011.

But when he arrived at Chatham, a Pennsylvania-based advisor specializing in real estate capital markets and risk management, he found it to be a good fit: The attributes that make for successful Chatham employees, Hartford said, are the same attributes he developed while earning his economics degree here. Chatham values employees who are intellectually curious, who can solve complex problems, who are collaborators, who have good communication skills, who can work with limited direction and who have the initiative to leverage the experiences of their colleagues, among other skills, he said.

“Allegheny ticks all of those boxes,” Hartford said. (more…)

Bilo’s research featured in The Review of Austrian Economics

Assistant Professor of Economics Simon Bilo has a forthcoming research paper, “The international business cycle as intertemporal coordination failure,” in The Review of Austrian Economics.

Residencies, City Tours Immerse Allegheny Students in Business

Allegheny College economics students are learning from the best in business — here on North Main Street in Meadville and on Wall Street in New York City.

A group of students and faculty will participate in the Center for Business and Economics Major City Business Tour to New York City, a biennial trip designed to expose junior and senior economics majors to the daily business world in the banking and financial services industries. Students will also explore careers in those industries and network with Allegheny alumni working in business and finance.

This sixth tour, Oct. 26–27, includes planned meetings with John Gregory ’89, managing director at Wells Fargo Securities; Bruce Thompson ’86, vice chairman at Bank of America and chairman of Global Acquisition Finance and Capital Commitments; Karen Ubelhart ’77, industry analyst with Bloomberg; and Jonathan Drescher ’84, senior vice president of project development for The Durst Organization. Thompson and Ubelhart serve on the college’s Board of Trustees. (more…)

Park presents paper at conference

Assistant Professor of Economics Hyun Woong Park presented a paper, “Technical Change and the Rate of Profit in a Long-run Model of Price of Production,” in August at the summer conference 2016 of the Korean Association of Political Economy.

Students Take Second Place in Business Competition

The VOLTA team represented Allegheny and took second place in the OH-PENN-for-Business – College Business Plan Competition. Team members include Francisco Quezada ’16, Brian Rollick ’16, Matthew Sardini ’16, and Rachel Wallace ’16.