Martin Shields

About

Biography

Professor of Economics Director Regional Economics Institute

Teaching: Principles of Macroeconomics (ECON 204), Economics of Public Finance (ECON 320), Labor Economics (ECON 410), Seminar (ECON 492), Regional Economics (ECON 563)

Research: Regional economic growth, growth and inequality

Courses

  • ECON 204 (Honors) Principles of Macroeconomics

    Syllabus

    This is an introductory course in macroeconomics. In general, we will learn about important concepts related to how an economy over all functions and the role of public policy in shaping national economic performance. We will investigate several important and timely concepts that we often hear about in the media, including inflation, unemployment, economic growth and international trade. We will spend a substantial amount of time talking about the role of the Federal Reserve Board (Fed)–which conducts monetary policy

  • ECON 563 Regional Economics

    Syllabus

    Theoretical and empirical regional development models will serve as the course۪s base. We will examine how a region۪s growth is affected by local characteristics, such as its endowment of natural resources and human and physical capital. We will also look at how regional growth is affected by technological change, the spatial concentration of economic activity, and national trends. Recognizing that non-economic factors can influence growth, we will carefully study the effect of public policy, institutions, law, geography, and culture.