Economics

The real time feedback flashed on large screens inside Roberts Pavilion: “Housing and jobs are driving people out—to Seattle, to Denver, and around the country.” “The ‘American Dream’ is changing, people no longer have as strong a desire for the white picket fence.” “When people aren’t homeowners they are less emotionally and physically invested in their communities.”

Claremont McKenna College has updated the classification of its economics major to better reflect the quantitative and experimental nature of that field at the College.

The U.S. Dept. of Education’s Classification of Instructional Programs (CIP) assigns codes to academic majors to accurately track and report fields of study at the nation’s colleges and universities.

CMC has updated its economics code from General Economics to Econometrics and Quantitative Economics.

By Sven W. Arndt
Charles M. Stone Professor of Money, Credit and Trade

The pros and cons of America’s international economic policies are receiving intense scrutiny from the new U.S. administration. Among the hot-button issues are free trade and tariff policy, exchange rate manipulation, preferential trade agreements and worker migration. How and to what extent these policies are changed will have important long-term implications on a number of economic, political, and strategic fronts.

The CMC-Lowe Institute of Political Economy will release and livestream its quarterly report, the Los Angeles Consumer Index, in Roberts 102 on Thursday, August 3, at 11 a.m. The second quarter 2017 index release initiates a new cooperation between the Lowe Institute and Chapman University for future consumer sentiment indexes.

The Inland Empire continues to grow economically with no recession predicted for at least the next two years, according to data presented at the Southern California Economic Conference this week at Citizens Business Bank Arena in Ontario.