Presidential Elections

Having moved the club forward in a new, positive direction over the past two semesters, Sergio Campos is stepping down as president of our club. He will still be an active member, but his leadership will be missed. This does, however, create an opportunity for any students seeking a leadership position in the club. 

Thankfully, three members of the club have stepped up and decided to run for the Fall 2013 semester: Moises Mayora, Brian Hurst, and My Pham. Whichever candidate wins, they each have the opportunity to further integrate the club with the economics department and further establish an organization that offers value for future and current members alike. 

For those interested in voting, you can submit your vote at the ballot box located in DMH room 139 on both May 8th and 9th. Please bring a valid student ID card in order to be eligible to vote.

 

New Events Schedule

Great news, club members!

We have officially finalized our events schedule for the Spring 2013 semester. We’ll be doing many different kinds of events, including some we’ve never done before, that are sure to make this semester a memorable one.

For our first event, we will be attending a provocative lecture on campus and encourage everyone to come out and join us. Afterwards, free pizza and beer afterward will be provided at Flames Eatery & Bar.

Click the link below for more information-we hope to see you there!

http://www.facebook.com/events/152874744868923/

Warren C. Gibson on GDP: Who Needs It?

Warren C. Gibson, a current professor of economics at San Jose State University, has much to say on the recently revised quarterly GDP growth figures.

“The Commerce Department releases preliminary quarterly GDP growth
figures and then releases revised figures later. This is
understandable. But I hadn’t realized how far back they sometimes go
with revisions as reported in today’s WSJ: http://blogs.wsj.com/economics/2012/07/27/current-recovery-second-slowest-postwa\r-rebound/

He then goes on to add: ”the most significant change was for 2010. The first two quarters are now listed as +2.3% and +2.2%, revised down from nearly 4%. The full year was revised down from 3.0% to 2.4%. It’s scary that so much weight is attached to numbers that may be revised significantly two years later. This recent report reinforces the criticisms of GDP in my Freeman article, “GDP, Who Needs It?” http://www.thefreemanonline.org/features/gdp-who-needs-it/

Social events poll.

When we’re not cramming for tests, catching up on readings, and helping one another with our classes we also like to have some fun. Because afterall, isn’t college about creating great memories as well? Our club hasn’t forgotten that. That’s why answering this poll is important. So please take the time out of your busy schedules to help us choose a location.

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