Honors Program in Economics

Professor Mario J. Crucini, Director
Senior Honors Theses 2007
Author, title, and main advisor
 

Burcu Basaran, The Law of One Price and the Width of the Border
Mario J. Crucini
 
Christopher Handy, External Capabilities
James E. Foster

Judith Ricks,
Explaining the Variation in the Proportion of Women Who Major in Economics
John Siegfried

Jamin D. Speer,
National Evidence on the Effects of Unions on Teacher Salaries
Stephen Buckles

Joshua L. Taylor,
Diffusion of Innovation: Precision Agriculture Services: An Analysis of Limiting Factors in the Distribution Channel
 
Brian Waters, Overcoming Adverse Selection in Lending Using Dynamic Liability
Christian Ahlin
 
 

Prior years theses click here

Overview

The honors program in economics serves highly motivated students interested in doing independent research, culminating in a senior thesis.

Students seek out a faculty advisor in economics during the fall of their junior year to discuss research ideas. The formal thesis proposal is developed during the spring semester of the junior year as an independent study with the faculty advisor. The thesis is fully developed, polished and presented to the thesis committee at the end of the senior year. Thus an Honors student will have worked closely with a faculty advisor and the Honors Director for three semesters.

The process of actually doing economic research brings together many of the best elements of the undergraduate Economics major experience at Vanderbilt. It also serves, along with Econometrics 253 (a key pre-requisite best taken in the junior year), as part of a solid portfolio of academic acheivement for subsequent graduate study and employment in research oriented private and public enterprises.

For more information click here to send an e-mail to Professor Crucini

Links:

Economics Faculty

Graduate study in economics

Writing a thesis 


Honors Program in Economics

The honors program in economics serves highly motivated students interested in doing independent research.

To be eligible for consideration students should have (items are listed in rough chronology of when they are satisfied):

1. completed two semesters of calculus;
 
2. completed all 15 hours of courses in the required major core (100, 101, 150, 231, and 232) by the end of the fall semester of the
junior year;
 
3. written an honors proposal under the supervision of a faculty advisor by the end of the spring semester of their junior year.
4. have earned an average grade of at least A- in Econ 150, 231, and 232;
 
5. a minimum GPA of 3.0 overall and in economics;

Requirements of the Honors Program are:

1. 36 hours of work in economics (3 more than the standard major)
 
2. all 15 hours of required courses for the major (same as the major)
 
3. 6 hours of regular electives (3 less than the major)
 
4. 15 hours in Econ above 250 level (6 more than the major) consisting of the following:
 
- Econ 291 A or B Indpendent study with thesis advisor for proposal development (1 hour)
- Econ 253 Introduction to Econometrics (3 hours)
- Econ 292 A/B Independent study with thesis advisor (6 hours, 3 in each of the fall and spring semesters)
- Econ 295 A/B Honors Seminar with Honors Director (2 hours, 1 in each of the fall and spring semesters)
- Eco 256 or 257 Policy seminar in microeconomics or macroeconomics (3 hours)
 
5. write a senior thesis, and defend it in an oral examination

On satisfactory completion of this program, a student will graduate with Honors or with High Honors in economics.

Typical time-line for an Honors student

By the end of the Junior year, students will usually have completed:

1. Econ 253 (Econometrics),
2. one of the policy seminars,
3. two upper-level economics electives in subjects related to the prospective topic of the student's senior thesis, and
4. one hour of Independent Study (Econ 291A) in which the student writes a detailed prospectus for the thesis under the supervision of an economics faculty member.

During the Senior year, the student's work will include:

1. six-credit hours of Senior Thesis Econ 292 A & B (A is fall, B is spring),
2. three credit hours in a final economics elective;
3. two credit hours of Honors Seminar, one hour in each term, Econ 295 A&B, (A is fall, B is spring),
4. and the oral defense of the completed dissertation (toward the end of spring semester).

Other requirements

  • Students who are not sure whether they wish to complete the honors program should take an additional 3-hour elective.
  • Interested students who meet the College's requirements for honors candidacy in Economics as set forth in the College Catalog should consult the Director of Undergraduate Studies no later than the middle of the fall term of their junior year.
  • Students must also have completed all but six hours of the courses required for AXLE (or the College Program in Liberal Education) by the end of their junior year.
  • Study abroad and graduation in December give rise to special considerations which should be discussed with the Honors Director in advance of enrollment in the program.

For more information click here to send an e-mail to Professor Crucini