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Hamilton College economics professors Derek C. Jones and Erol Balkan have been granted named professorships, the college's board of trustees announced recently. Professor Derek C. Jones has been named the inaugural holder of the Irma M. and Robert D. Morris Professorship in Economics. Alumnus Robert S. Morris '76 established the named chair in honor of his parents. Erol Balkan will be the James L. Ferguson Associate Professor of Economics, a named chair that was originally endowed by the General Foods Company in honor of life trustee Jim Ferguson '49.

An alumnus of the London School of Economics, Derek Jones specializes in the economics of transition and participation, including profit sharing, employee ownership and employee participation. He is currently researching aspects of transition in Russia, the Baltics and Bulgaria with a grant from the National Science Foundation and the National Council for Eurasian and East European Research. Jones has a book in progress, Labor Markets in Transitional Economies, and has published more than 60 articles including publications in the American Economic Review and the Journal of Economic Literature. Jones is a former chair of his department at Hamilton, widely recognized as one of the strongest in the nation.

After earning his Ph.D. from the State University of New York at Binghamton, Erol M. Balkan has refined his expertise in economic development and international finance while at Hamilton. He is currently working on a book manuscript entitled Globalization and the Reproduction of the Middle Class, based on years of data collected in Istanbul, Turkey. Balkan has also been published in journals including Applied Economics and Public Finance Quarterly. Balkan is chair of the economics department at Hamilton.

Hamilton College is a highly selective residential college offering is 1,650 students a rigorous liberal arts curriculum. Students are challenged to think, write and speak critically, creatively and analytically, so that upon graduation they may distinguish themselves in both their professions and their communities.

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