Dear Colleague,
The following announcement may be of interest to you.
Fred Lee
Announcement
University of Missouri-Kansas City
Department of Economics
Graduate Students
The Department of Economics is accepting applications from students to
study in a decidedly heterodox academic atmosphere at both the M.A.
and Ph.D. levels. There will be several openings for graduate
assistants at both the Masters and Ph.D. levels for Fall 2000.
Stipends range from $7,500 for MA level to $12,000 for Ph.D. level.
Each position usually carries a fee wavier of 6 to 9 hours.
For additional information and application materials write to:
James I. Sturgeon
Director of Graduate Studies
Department of Economics
University of Missouri-Kansas City
Kansas City, Mo 64110
Or E-mail to: [log in to unmask]
Additional information about application is available by accessing the
following sites.
http://www.umkc.edu/html/umkc/admit/idx-0101app.html
http://www.umkc.edu/sgs/
Institutional and Post-Keynesian Tradition
The Department has a long tradition of Institutional and
Keynesian/Post-Keynesian Scholarship. Abba Lerner started his U.S.
career here in 1936. John Hodges, the first Ph.D. student of C.E.
Ayres, began as department chair in 1946. He started the tradition in
Institutional Economics and it has been continuously in place since.
F. Eugene Wagner has a long-standing affiliation with the Association
for Evolutionary Economics and was a founding member of the Union for
Radical Political Economy. W. Robert Brazelton started the
Post-Keynesian tradition at UMKC in the 1960's and has been affiliated
with AFEE and Post Keynesian economics for many years. New faculty
beginning in Fall 1999 and Fall 2000 will contribute to this tradition
and help ensure its continuity for the next generation. We anticipate
adding at least two additional faculty that will have significant
interest in Institutional and/or Post-Keynesian economics.
The Department's Ph.D. is an interdisciplinary degree that spans
traditional boundaries among disciplines. The goal is to help students
develop knowledge and skills for independent research on the
fundamental questions of the present and the future. The world of the
future will require scholars with a global approach to problem
solving. Our program is designed to provide self-directed students
with academic training at the highest level, while allowing their
participation as colleagues in research of fundamental importance. The
department's tradition of Institutional and Post Keynesian scholarship
is particularly well suited to such an interdisciplinary approach.
New Faculty Fall 2000
Jan Kregel will join the faculty of the Department in January 2000, as
Distinguished Research Professor and as a Research Associate of the
Center for Full Employment and Price Stability. He is currently
serving as High Level Expert in International Finance and
Macroeconomics in the New York Liaison Office of the United Nations
Conference on Trade and Development. He also holds positions as
Professor in the Department of Economics of the Universita degli Studi
di Bologna and Adjunct Professor of International Economics in the
Johns Hopkins University Paul Nitze School of Advanced International
Studies. He is a permanent advisor for the Trade and Development
Report of UNCTAD, a Life Fellow of the Royal Economic Society (U.K.),
and an Elected member of the Societa Italiana degli Economisti. His
biographical entries appear in all editions of Who's Who in Economics.
Among his major published works are a series of books in the field of
Post Keynesian economic theory, as well as over one hundred and thirty
articles published as chapters of edited books and in scholarly
journals including the Economic Journal, American Economic Review,
Journal of Economic Literature, Journal of Post Keynesian Economics,
Economie Appliquee, and Giornale degli Economisti. His works have been
published or translated in Italian, French, German, Dutch, Spanish,
Basque, Portuguese, Greek, Japanese, Russian, Turkish, Finnish,
Hungarian, Serbo-Croat, Hindi and Ukrainian. At UMKC, he will teach
International Finance.
New Faculty Fall 1999
L. Randall Wray joined the faculty of the Department of Economics,
August 1999, as Professor of Economics and Senior Research Associate
of the Center for Full Employment and Price Stability. He will
continue his affiliation with the Jerome Levy Economics Institute as
Senior Scholar. Wray's publications include two books (Understanding
Modern Money, 1998, and Money and Credit in Capitalist Economies,
1990) as well as numerous journal articles and chapters of edited
volumes. He has recently testified before Congress on the labor market
experience of the unskilled during the Clinton expansion, and has been
a Fulbright Scholar to Italy as well as a US Information Agency
Academic Specialist to Mexico. He has taught at Bard College and at
the University of Denver. His interests include monetary theory and
policy, employment policy, and macroeconomics.
Mathew Forstater joined the faculty of the Department of Economics,
August 1999, as Assistant Professor and the Director of the Center for
Full Employment and Price Stability. Forstater received his Ph.D. from
the New School for Social Research in 1996, and has formerly taught at
Bard College and Gettysburg College. He has published articles on
employment policy, history of economic thought, and methodology in
numerous academic journals, including the Journal of Economic Issues,
Journal of Post Keynesian Economics, Economie Appliquee, Review of
Political Economy, Advances in Austrian Economics, and Review of
Social Economy, and a number of edited volumes. Forstater is currently
editing several volumes on macroeconomic theory and policy. His
interests include the economics of discrimination, history of economic
thought and methodology, public policy, ecological economics, economic
history, and political economy. Forstater is also a Research Associate
of the Jerome Levy Economics Institute of Bard College, an affiliated
faculty member of the Missouri Institute of Public Policy, an
Associate of the University Seminars, Columbia University, and a
member of the Advisory Board of the National Jobs for All Coalition.
Economic Philosophy and Methodology Project
The Department will conduct a year long seminar as part of its
Economic Philosophy and Methodology Project. The seminar will deal
with the work of C. S. Pierce, Roy Bhaskar, John Dewey, Thorstein
Veblen and others. The seminar is a continuation of the Philosophy and
Methodology Project that has been a joint effort with the Social
Science Consortium and now includes participation by scholars
associated with the Center for Full Employment and Price Stability.
Research & Scholarly Centers
The Department is home to a number of academic centers and programs.
Each Center has its own unique mission, but all missions are
complementary.
Center for Full-Employment and Price Stability, Mathew Forstater,
Director
The Center promotes theoretical and applied research that is focused
on policies to achieve full employment and to promote price stability.
The CFEPS is designed to be a national policy center, producing
original research and sponsoring national workshops on the use of full
employment policies to achieve both economic growth and price
stability. Currently, the CFEPS provides financial support to faculty
participating in CFEPS research at such universities as Harvard, the
London School of Economics and the New School for Social Research. The
CFEPS plans to add additional nationally prominent faculty during the
next two years. The CFEPS participates in the interdisciplinary Ph.D.
program and will provide interdisciplinary research links between the
economics faculty, other social science faculty at UMKC, and an
international community of scholars concerned with issues of
full-employment and price stability, economic methodology and
philosophy.
At UMKC, the Center has a number of fellowships available for faculty
and graduate students. It will also coordinate development of a novel
public service program for undergraduates, which will put into
practice the theories developed by the Center's researchers.
Research conducted by the Center to date builds upon Abba Lerner's
"functional finance" approach to fiscal policy, Hyman Minsky's
"Employer of Last Resort" proposal, and the "Chartalist" approach to
monetary theory and policy that can be traced from Adam Smith through
to J.M. Keynes. The Center publishes working papers, policy briefs and
notes, conference proceedings, and monographs, and has supported
research that has led to the publication of edited volumes as well as
a monograph, Understanding Modern Money: the Key to Full Employment
and Price Stability, by L. Randall Wray.
Center for Economic Information, Peter Eaton, Director
The Center for Economic Information (CEI) is one of only three State
Data Resource Centers in the State of Missouri. The CEI is a center
for data collection, processing and statistical analysis and
desalination. The CEI currently is working on Federal HUD grants,
Missouri Sate environmental grants and contracts with municipal and
state government. The primary goals of the CEI are to become the major
data research center for western Missouri, to provide a training
ground in urban policy analysis for interdisciplinary doctoral
students and to support the research efforts of other centers and
faculty participating in the urban mission of the university.
Social Science Consortium, James Sturgeon, Director
The department is the home for Social Science Consortium with James
Sturgeon as Director. The SSC is an innovative interdisciplinary
co-discipline in the Ph.D. program. It is one of the most popular
programs for students with economics as their major area of study. The
SSC faculty are drawn from the Departments of Economics, Political
Science, Sociology, Linda Hall Library and Visiting Scholars.
Currently, there are 40 interdisciplinary Ph.D. students in the SSC.
Led by a Consortium faculty members and students the SSC has been very
active in the Society for the Advancement of Socio-Economics, Allied
Social Science Association Western Social Science Association,
Missouri Valley Economic Association. Students in the SSC benefit from
a broad association of scholars and academic programs.
Institutionalist - Post Keynesian Faculty
W. Robert Brazelton, University of Oklahoma, Comparative Systems,
Macroeconomics
Peter J. Eaton, University of Florida, Econometrics
Mathew Forstater, New School for Social Research, Macroeconomics,
History of Economic Thought, Environmental Economics, Economic
Methodology, Labor and Discrimination, Political Economy
Michael Kelsay, University of Tennessee, Environmental Economics
Jan Kregel, Rutgers University, International Finance
James Sturgeon, University of Oklahoma, Institutional Economics,
Industrial Organization, Social Science
F. Eugene Wagner, Syracuse University, Labor
John O. Ward, University of Oklahoma, Department Chair, Law and
Economics
L. Randall Wray, Washington University, Macroeconomics, Monetary
Theory and Policy
Benjamin E. Young, University of Oklahoma, Institutional Economics,
Social Science
Morteza Ardebili, University of Kansas, Research Professor, Philosophy
of Social Science
Stephanie Bell, New School for Social Research, Adjunct Professor,
Finance, Macroeconomics
Pavlina Tcherneva, Assistant Director, Center for Full Employment and
Price Stability
Academic Information -- Degrees
The Department offers the Ph.D., Master of Arts and Bachelor of Arts
degrees. Each has significant required work in Institutional and
Post-Keynesian Theory.
Bachelor of Arts (30 hours)
Required courses:
Introduction to Macroeconomics*
Introduction to Microeconomics
Intermediate Microeconomics
Intermediate Macroeconomics*
Intermediate Economic Statistics
Institutional Economic Theory*
History of Economic Thought*
Master of Arts (30 hours)
Required courses:
Advanced Macroeconomics*
Advanced Microeconomics
Mathematical Economics
Econometrics
Advanced Institutional Economics*
Comprehensive/Qualifying Examinations are required in Quantitative
Economics (Econometrics), Micro, Macro and Institutional Economic
Theory.
Ph.D. (90 hours, 60 beyond M. A.)
A student can take up to 60 percent of the 90 hours in economics
courses and 40 percent in a related co-discipline (Social Science
Consortium, political science, public administration, mathematics,
sociology, etc.). The following courses are required beyond the 30
hours for the Master of Arts.
Colloquium in Microeconomics
Colloquium in Macroeconomics*
Colloquium in Econometrics
Colloquium in Political Economy*
Comprehensive examinations are required in Econometrics and two of the
three other required areas.
Social Science Consortium
The required Courses are:
Philosophy of Social Science
Traditions, Trends and Theories in Political Science
Contemporary Controversies in Sociology
Colloquium in Political Economy
Seminar in Social Theory & Policy
*Indicates courses with Institutional and/or Post-Keynesian approaches
in full or part.
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