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New York City Program

Karen Prentice-Duprey
(on behalf of the Program Administrator and Directors)
315-859-4634

PROGRAM ADMINISTRATOR:
Christophre Georges, Professor of Economics
(315) 859-4472

PROGRAM DIRECTORS:
Erol Balkan (Director, Fall '14)
Patricia O'Neill (Director, Spr '15)
Chris Georges (Director, Fall '15)
Daniel Chambliss (Director, Spr '16)

Future Programs

Fall 2014

Topic: Global Financial Networks

Director: Erol Balkan, Professor of Economics
Phone: 315-859-4180
Email: ebalkan@hamilton.edu

New York City has long been one of the financial centers in the global economy. Financial service activities of all kinds tend to be very strongly concentrated in key metropolitan centers like New York City, London and Tokyo. These form a complex network spanning national boundaries and connecting major cities around the world. By several indicators such as the volume of international currency trading, volume of foreign financial assets and the number of headquarters of the large international banks, New York City is one of the most important centers for global financial activities. The focus of our semester will be the study of global financial networks.


College 395 Global Financial Networks

(Pre-Requisite Econ 102)
The major financial markets are more closely integrated today than they ever were in the past. The recent developments in information and communications technologies increased the globalization of financial markets and at the same time allowed the development of a whole new range of financial instruments known as derivatives. Deregulation and financial liberalization of different financial markets also gave an immense impetus to financial integration. Market liberalization affected interest rate ceilings, reserve requirements and barriers to geographical expansion, which in turn stimulated free international movement of capital.

This course covers a broad range of theories and issues in global finance, including the evolution of the current global financial markets, balance of payments problems, exchange rate determination and currency markets, financial and currency crisis, international capital flows, international banking, and macroeconomic policies in an open economy.


College 398 Seminar in Global Processes: Political Economy of Globalization

Foundational course of the Program in New York City. Critical examination of some of the global issues and challenges considered from a political economy perspective. Issues to include economic globalization, the role of basic international economic organizations (IMF, World Bank, WTO), the development and significance of global neo-liberalism, political and cultural globalization, ecological sustainability and global financial crisis. The course is organized around readings, class discussion, films, guest discussion leaders, and field trips in New York City.


College 396 Independent Study

A tutorial resulting in a substantial paper that integrates experience and learning from the internship with an academic perspective and knowledge gained in the seminars or other tutorial readings.


College 397 Internship

An Independent Study supervised by the director of the Program in New York City and based on an internship with a firm, organization, agency or advocacy group appropriate to the theme of course.

Spring 2015

Topic: Global Media

Director: Patricia O'Neill, Professor of English
315-859-4218
Email: poneill@hamilton.edu

The focus this semester will be on how global culture is produced and represented in literature, art, and digital media. Field trips, courses and independent study will establish the historical and present day contexts in which New York City symbolizes and participates in the globalization of technology and culturally complex identities.


Seminar on Globalization

Critical examination of economic, political, and cultural theories that have defined what we mean by globalization. We will discuss issues such as the politics of transnational film and literature, the role of museums and community-based organizations, the problems of international capital and immigrant labor in a global city.


Special Topics Course -- Representing New York City Post-WWI and Post 9/11

Beginning with E.B. White’s famous essays on New York City in the late 40s and 50s, we will consider how authors and filmmakers have generated images of NYC as both exciting and dangerous, a crossroads and meeting point for people from all over the world.  The second half of the semester we will focus on literary and filmic responses to the attacks on New York City in September 2001 and exam changes in the city’s culture and identity for long time residents and contemporary immigrants and visitors.


Internship

Students will receive credit for working 4 days a week in a cultural or media-oriented organization and post weekly synopses of their experiences on Blackboard.


Independent Study

Working from abstracts and short bibliographies developed in consultation with the director and the student’s concentration advisor in the Fall semester, students will analyze the effects of globalization on one form of culture or media in a substantial paper (20-30 pages). All students will receive college credit for this work.  Students may also seek concentration credit.

Fall 2015

Topic: Global Macroeconomics and Finance

Director: Christophre Georges, Professor of Economics
Phone: 315-859-4472
Email: cgeorges@hamilton.edu

New York City is one of the great global cities at the heart of the global economy. This semester, we will focus on macroeconomic and financial developments in the global economy including regional growth and crisis, the shifting geography of production, income, innovation, and finance, and macroeconomic and financial policies, and explore the intersections between New York City and these global developments.

 

College 395: Crisis and Growth in the Global Economy

(Prerequisite Econ 102)
This course is a survey of contemporary macroeconomic issues with a focus on the role of finance in facilitating both growth and economic crisis. Topics will likely include the ongoing fallout from the financial crisis and “great recession” of 2007-2009 in the U.S., the sovereign debt crisis in Europe, and current developments in emerging markets. Special attention will be given to the role of New York City as a global financial center. (Economics concentrators and minors may receive one credit toward the major or minor.)


College 396: Independent Study

A tutorial resulting in a substantial paper that integrates experience and learning from the internship with an academic perspective and knowledge gained in the seminars or other tutorial readings.


College 397: Internship

Internship four days per week with a firm, organization, or agency appropriate to the theme of the semester. Students will keep a journal or written account of the experience.


College 398: Seminar in Global Processes: Global Macroeconomics and Finance

Critical examination of some of the global issues and challenges considered through the lenses of macroeconomics and finance. Issues to include economic globalization, the geography of production, income, wealth, innovation, and finance, international aspects of macroeconomic and regulatory policy, economic inequality and ecological sustainability. The course is organized around readings, class discussion, films, guest discussion leaders, and field trips in New York City.

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