Tag: economics

Economics Graduate Accepted into top 100 Law School

Coleman Segal to attend McGeorge School of Law.

The School of Business and Economics wants to congratulate Coleman Segal for his acceptance into the University of the Pacific, McGeorge School of Law. We’re so proud!

Despite being accepted to UC Berkeley out of high school, Segal chose to pursue his undergraduate degree at Michigan Tech.  After visiting his Aunt and Uncle in the Houghton as a child, he has always loved the area. The wild, beautiful surroundings, the opportunity to participate in the vibrant folk music scene, and the impressive academic reputation were all factors in his decision to come to Tech.

After researching universities, he learned of the Economics program at Michigan Tech.  Economics interested Segal in high school because it can be applied to so many different aspects of life.  Segal said, “The study of economics is in large part an effort to understand the mechanics of a functioning society, and so it relates to many different fields. It also provides a good background for law school, which I have planned to attend since high school.” 

Segal is a California native and will soon return to his home state to pursue his law degree from one of the top 100 Law Schools in the nation.   Applying and being accepted to five law schools –Marquette University in Milwaukee, University of San Francisco, Santa Clara University, and Albany Law School– Segal selected the University of the Pacific McGeorge School of Law and will begin classes next fall. In addition to their impressive reputation, Segal said he chose McGeorge School of Law based on their location in Sacramento, California.  He finds the area interesting as a center of government, with multiple courthouses at different levels in the immediate area. 

Crediting his experiences with extracurricular activities such as the iOMe Challenge and the Pavlis Institute for advancing his goals of attending law school, Segal noted that Michigan Tech prepared him well for continuing his education.  Mastering skills such as writing and researching papers, in many different subjects, have been instrumental for the pursuit of his law degree.

Economics Major Elected USG President

Eli A. Karttunen, USG president, a senior in economics.

New members have been elected to the Executive Board of Undergraduate Student Government (USG)  for one-year appointments.  The School of Business and Economics is proud to announce that one of our own, Economics major Eli Karttuenen, has been elected to serve as president.

2012 USG members and Titles:

* Eli A. Karttunen, president, a senior in economics

* Donnie L. Palmer, vice president, a junior in chemical engineering

* Jennifer M. Zarzecki, secretary, a senior in mechanical engineering

* Abhishek Gupta, treasurer, a senior in civil engineering

As a member of the USG for the past 2 years, Eli has seen many ways in which USG could improve student life on campus by making student’s opinions heard, which is a big reason why he chose to run for president. USG is supposed to be the collective voice of students on campus.  Eli hopes improve the current relationship between students, USG, and the administration during his time as president.

When we asked Eli about his goals as president, he responded “My first priority is to improve the relationship between USG and the students. An organization only has as much influence as its constituents afford, and this is one area USG has been lacking. I know how this organization works and what students need.”

We wish Eli and the rest of the Undergraduate Student Government the best of luck in attaining and surpassing their goals during their appointments!

From Students: Michigan Tech is a Learning Playground….

Meet Danielle and Don. Both are students in the School of Business and Economics with different goals, ambitions and experiences. Danielle came to Michigan Tech for the outdoors and Don for his career goals. Hear from them why they chose Michigan Tech and what you have to look forward to as a student.

Danielle Boettger

“The Keweenaw is a playground for people like me. There are people here to help you if you haven’t experienced outdoor adventures before. It’s also one of the reasons I came here.”

[youtube width=”425″ height=”260″]http://www.youtube.com/watch?v=5pe0ANNPjAM[/youtube]

Donald Murray

“Being able to manage an investment portfolio as a senior is one of those opportunities you won’t have at every other school.”


iOMe Challenge Update: Michigan Tech Receives Honorable Mention


Four teams of Michigan Tech students competed in the 2011 iOMe Challenge, that builds awareness for ways that local organizations might engage the Y or Millennial generation to think about their own future, 40 years from now.  Three of the four MTU teams made it to the final round of judging and one team has received an honorable mention in the 2011 competition. Students were judged on a video submission (above) and an essay.  The team receiving the honorable mention was awarded $2,000 and was composed of:

  • Katie O’Connell, Economics major
  • Tianlu Shen, Environmental Engineering major
  • Adam Stigers, Economics major
  • Teddy Broe, Economics major
  • Walker Derby, Finance major

Lecturer in Economics, Emanuel Oliveira, was the academic advisor of the four teams competing in this year’s iOMe Challenge.  Commenting on the contest’s two components, Oliveira said, “The students put together an excellent essay that contained innovative policy recommendations, considerable statistical analysis, and it was very well written.”

Team leader of the winning team and economics major, Katie O’Connell, noted that it was amazing to find out that their group had received honorable mention in the iOMe Challenge.  Recalling her feelings prior to the competition and why she chose to compete she said, “I remember hoping to do well!  Receiving an honorable mention was great. I decided to compete in this challenge to get a closer look at how to encourage people to save money.  It truly is a challenge in an economy where interest rates are so low and there is no obvious and immediate reward. But it’s also critically important to the future of our economy, and even our society, to reverse the downward savings trend. I hope that our participation in this process will at least help to open discussion as well as spark ideas and interest in creating an America that saves more.”

Congrats to all of this years competitors and Dr. Emanuel Oliveira!

iOMe results from 2010-2011

Pat Joyce’s Last Michigan Tech Lecture

Dr. Pat Joyce pictured with colleagues and friends during his retirement celebration.

The irony of his last lecture topic wasn’t lost on professor of economics Pat Joyce. On a bitterly cold December morning, thirty-eight years after he started teaching at Tech, he spoke on Social Security.

He explained the vagaries of the often-maligned government entitlement program in language the students could understand and challenged them to think broadly about it. One example was the two scenarios regarding its future existence: Alfred E. Neumann or Chicken Little—“What, me worry.” or “The sky is falling.”

It’s one part about teaching at Tech he’ll miss the most, he says.

“I’ll miss the student contact,” he says. “When a student comes back fifteen years later and says I had an impact on what they did. How they learned to be skeptical. How, when they are given a cost for something, their time or their money, to look at alternatives.”

Those life lessons resonated with his students, it seems, and he was comfortable here, he says, with students who thought like engineers, even if they weren’t.

“They think linear, A then B then C then D,” he says. “They play hard and they work hard.”

During his tenure as faculty representative for athletics, he was particularly proud of the student-athletes’ GPAs, which were routinely higher than the average of the overall student body.

“I don’t know how they do it,” he says.

And, of course, he’s seen a change in teaching over the many years, exemplified by a student nearby in the library who was texting into her phone as she listened to music on her iPod and typed on a laptop.

“Now I use Blackboard [online course management system] and post documents there, where I used to put them on reserve in the library,” he says.

He does lament the “connected” students’ communications that have replaced the face-to-face talks in his office. Or at least phone conversations.

“I call my sister, but my daughter communicates via Facebook,” he says, illustrating the generational differences.

He’ll miss his colleagues, too.

“The culture here is so collegial,” Joyce says. “The faculty share responsibilities because we are all in this together. If someone asked you to take an eight o’clock section for them, you did it.”

He compared the change in faculty in the School to the Northern Lights.

“You watch them and they stay the same, it seems. Then, right before your eyes, they’ve completely changed.”

For the future, he will remain in academia, at least part time, as a research professor.  He has studied human decision-making with current associate dean Tom Merz.

“My wife, Kathie, and I will be in Croatia next fall,” he says. “I’ll be teaching at the University of Split.” They visited the area in 1994 and fell in love with it. “Kathie can take cooking classes in nearby Italy, too.”

In the more immediate future, he’ll communicate in-person with his grandchildren (all six) and children in South Bend and Ann Arbor.