Faculty Profile

Edward McPhail

Professor of Economics (1998)

Contact Information

mcphail@dickinson.edu

Althouse Hall Room 209
717.245.1264
http://users.dickinson.edu/~mcphail/

Education

  • B.A., Washington University, 1986
  • M.A., University of Virginia, 1989
  • Ph.D., University of Massachusetts-Amherst, 2001

2015-2016 Academic Year

Fall 2015

ECON 112 Intro to Macroeconomics
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon national output, employment, and price levels. The monetary and financial system is explored together with problems of economic stability. Monetary and fiscal policy procedures are analyzed and evaluated in light of the current economic climate. Special attention is given to the historical development of major economic institutions.Prerequisite: 111.

ECON 112 Intro to Macroeconomics
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon national output, employment, and price levels. The monetary and financial system is explored together with problems of economic stability. Monetary and fiscal policy procedures are analyzed and evaluated in light of the current economic climate. Special attention is given to the historical development of major economic institutions.Prerequisite: 111.

ECON 112 Intro to Macroeconomics
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon national output, employment, and price levels. The monetary and financial system is explored together with problems of economic stability. Monetary and fiscal policy procedures are analyzed and evaluated in light of the current economic climate. Special attention is given to the historical development of major economic institutions.Prerequisite: 111.

Spring 2016

ECON 288 Contending Econ Perspectives
A study of major heterodox economic theories such as Marxian, institutional, feminist, post-Keynesian, or Austrian economics. Students will study these contending economic perspectives through their historical evolution, methods and theoretical structures, and/or current policy debates. Prerequisites: 111 and 112.

ECON 496 "Neoliberalism"
Permission of Instructor Required. The aim of this course is to familiarize students with the formation and development of the economic ideas associated with “neoliberalism”. The Chicago school will play a prominent role and to a lesser extent its intellectual offshoots UCLA and UVA as we explore the origins and rise of “neoliberalism”. Topics include: economic planning, the welfare state, the economist as expert, a case study of the role of economists advising Pinochet’s Chile, modeling and assessing the theory of the “liberal dictator,” popular opponents of “neoliberalism,” academic opponents of “neoliberalism,” and others. Readings include the works of Milton Friedman, Ronald Coase, Frank Knight, Arnold Harberger, Armen Alchian, Harold Demsetz, Friedrich Hayek, and others. Particular attention will be paid to the views of Milton Friedman, his role as an economic advisor and his views of economic advocacy. Opponents of “neoliberalism” will include: the MIT school represented by Paul Samuelson and Robert Solow, the UMASS Amherst school represented by Samuel Bowles and Herbert Gintis, the Notre Dame school represented by Philip Mirowski’s “The Road from Mont Pelerin,”popular treatments such as Naomi Klein’s “The Shock Doctrine” and others.

ECON 500 Independent Study