The Virginia Association of Economics hosted their 41st annual meeting at Roanoke College in Salem, Va. On March 21 and 22. At this event, economists from all across the state came together to discuss economic education and to provide forums to discuss and analyze economic issues.
Among the speakers and presenters at this two day event were a few of RU’s economics professors including Dr. Seife Dendir, Dr. Alexei Orlov and Dr. Nozar Hashemzadeh.
Each professor had the opportunity to present papers they wrote on different subject matters involving different aspects of economics. These subjects included money, banking and financial markets. Also discussed were the subjects of government spending and the economics of social issues.
Two students from RU had the opportunity to attend the VAE event. Seniors Dillon Reed and Subeyr Sagal are both members of the Omicron Delta Epsilon (ODE), which is the Economics Honors Fraternity. ODE is one of the oldest academic societies in the United States and internationally. The honor society was established in 1963 and now has 681 chapters worldwide.
“Most students aren’t aware of what economics is exactly, or even what it can do. You can apply economics to many aspects. It is just about having an open mind and being very analytical,” said Reed.
Reed is also a member of the COBE ambassadors whose goal is to make students more aware of the thriving field of economics. Though the COBE is well established here at RU, it is still unknown to many students.
Among the three professors from RU who spoke at the VAE event, two received accolades for their work in economics. Orlov was elected to the VAE board of directors and Dinder received the award for best paper in which he wrote about the difference between online courses versus traditional face-to-face learning.
Hashemzadeh also presented a paper that addressed the relationship between national debt and economic growth that remains a hotly debated subject among scholars and professionals since the crash of 2007 and subsequent bailouts of banks and insurance companies by governments in the United States and most western economies.
With many highly qualified and skilled professors at the COBE, RU has gained significant recognition throughout the state for upholding the standards of excellence in the economic field.