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And appears on Bloomberg TV . . . watch the interview. And read the story in BloombergBusinessweek.

From left to right: judges William Strauss of Federal Reserve Bank of Chicago and Argia Sbordone of Federal Reserve Bank of New York, Rutgers Economics students Shivram Viswananthan, Ashton Welles, Andrew Lee, Ali Haider Ismail, Karn Dalal, and Professor Jeff Rubin, and judge Ellen Meade of the Federal Reserve Board.


From left to right: Professor Jeff Rubin, Ali Haider Ismail, Andrew Lee, Chair Janet Yellon, Shivram Viswananthan, Karn Dalal, and Ashton Welles

The College Fed Challenge is a competition designed to bring real-world economics into the classroom. Teams play the role of monetary policymakers by analyzing economic conditions and recommending a course for monetary policy. On December 1 in the final rounds of the national competition held at the Federal Reserve Board in Washington, DC, the team sponsored by the Rutgers Economics Department defeated teams from Dartmouth, Princeton, University of Chicago, and Appalachian State to win the National Fed Challenge. 

Earlier this fall the team competed against teams from 33 schools in a preliminary round of competition and, after winning, advanced to the regional semi-finals. The regional competition featured teams from 9 schools in the metro New York area.   The Rutgers New Brunswick team won the regional finals where they faced off against teams from Columbia University and Mercy College.  In a tension filled final round the RU team was awarded first place. The team then advanced to the competition in Washington, DC, where they met Fed Chairwoman Janet Yellen and competed against schools from four other Federal Reserve Districts. 

Advisors for the team included Rutgers economics professors Jeff Rubin, Ray Stone, Jack Skydel, Todd Keister, and Christine Cumming.

An interview with Eugene White on Bank Regulation . . .

Financial Crises and Banking Regulation: A History

An interview with Eugene White by Éric Monnet from Books &

“Eugene White, one of the leading financial historians in the United States, discusses how history can shed light on the current debates about banking regulation. Stressing the difference between 19th and 20th century financial crises, he explains the causes of financial crashes, the legacy of the Glass Steagall act, as well as the future of banking.”

For the interview:

Change in Prerequisite Requirements in Economics for Majors and Minors

To All Economics Majors and Minors:

This message is to alert you to a change in requirements concerning grades in prerequisite courses for core and elective courses in economics. The new rule is that a grade of C or better is required in each prerequisite course in order for it to satisfy the prerequisite requirement.

Policy on Outside Courses, Online Courses and Winter Session Courses

A maximum of three approved classes taken outside the RU-New Brunswick Economics Department can be counted towards the major. It is advisable to have any outside course preapproved by the Director of Undergraduate Studies, Professor Barry Sopher.

We do not accept online courses as prerequisite equivalent when grades are not substantially based on proctored or identity-secure administration of a cumulative final exam (i.e. 50% or more of the final grade).

Courses that meet for less than 4 weeks (for example, winter session courses) will not be accepted for transfer towards the Economics Major.


Undergraduate Advising Hours

Department of Economics general advising is available in New Jersey Hall, room 202 (including declaration of major) Mondays through Fridays from 8:30 - 12:00pm and 1:00 - 4:30pm. Our phone number is 848-932-7363. No appointment is necessary.

Special Permission

Due to overwhelming demand for our courses and constraints on room size, we are unable to grant special permission numbers for courses that are closed.

Federal Reserve Bank of New York Fireside Chat

Prospects for the National and Regional Economy

 Thank you for all the interest in the Event. Registration is now CLOSED.

The Department of Economics invites students and local and regional business leaders to join us for a policy roundtable.  Discuss local economic trends and current monetary policy with William C. Dudley, President and Chief Executive Officer Federal Reserve Bank of New York.

William C. Dudley

President and Chief Executive Officer Federal Reserve Bank of New York

Fed President William Dudley











When: Wednesday, November 29, 2017, 8:00am - 9:30am

Where: Rutgers Academic Building
           15 Seminary Place Room 1180
           New Brunswick (CAC)


8:00am - 8:30am Networking and Light Breakfast
8:30am - 8:35am Welcoming Remarks and Introduction of President Dudley by Executive Vice Dean James Masschaele, School of Arts and Sciences
8:35am - 8:40am President Dudley’s general remarks about the local economy
8:40am - 9:00am Moderated Discussion - Professor Eugene White Moderator
9:00am - 9:15am Audience Q&A


Parking: Metered parking on the street or The Gateway Garage, 7 Wall Street, New Brunswick



Contact Us

New Jersey Hall, Room 202
75 Hamilton Street, (CAC)
New Brunswick, NJ
P  (848) 932-7363 (undergraduate)
P  (848) 932-7451 (graduate)
F  (732) 932-7416
Thomas Prusa - Department Chair
Donna Ghilino - Senior Department Administrator
Barry Sopher - Undergraduate Program Director
Hilary Sigman - Graduate Program Director
Undergraduate Inquiries - Help and Advising
Graduate Advisor