Leila Davis

Assistant Professor of Economics


Leila Davis joined the Economics department at Middlebury College in the Fall of 2014, after completing her PhD at the University of Massachusetts, Amherst. She holds a B.A. in Economics and International Studies from the University of Wisconsin, Madison.

Leila’s research and teaching fields include macroeconomics, international economics, and growth and inequality. She is particularly interested in the dramatic growth in finance that has taken place over recent decades in the United States and also internationally. Her dissertation analyzes the recent ‘financialization’ of nonfinancial corporations in the U.S. economy and, in particular, the implications for fixed investment. Her results emphasize increasingly entrenched shareholder value norms and rising demand volatility as two factors supporting an increasingly short-term and financial orientation among nonfinancial firms and, in particular, as important factors inhibiting the allocation of funds for fixed investment.

To learn more about Leila visit her web page, www.leiladavis.net.



Course List: 

Courses offered in the past four years.
indicates offered in the current term
indicates offered in the upcoming term[s]

ECON 0250 - Macro Theory      

Macroeconomic Theory
Macroeconomic theory analyzes whether the market effectively coordinates individuals' decisions so that they lead to acceptable results. It considers the effectiveness of monetary, fiscal, and other policies in achieving desirable levels of unemployment, inflation, and growth. The theories held by various schools of economic thought such as Keynesians, monetarists, and new classicals are considered along with their proposed policies. (MATH 0121 and ECON 0150) 3 hrs. lect.

Fall 2015, Fall 2016, Spring 2017, Fall 2017, Spring 2018

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ECON 0350 - Advanced Macro Theory & Policy      

Advanced Macroeconomic Theory and Policy
In this course we will build on ECON 0250 to further develop the analytical tools for exploring key macroeconomic outcomes and policy. Topics covered may include, but are not limited to, economic growth; distribution; institutions; monetary, fiscal and macroprudential policy; and behavioral macroeconomics. We will explore modern developments in macroeconomic theory, and compare and critically evaluate the ability of different theoretical perspectives to provide insight into current events and the efficacy of macroeconomic policy (ECON 0240 or ECON 0250 and MATH 0121, or equivalent) 3 hrs. lect.

Spring 2016, Fall 2016, Spring 2018

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ECON 0475 - Monetary Theory/Financial Inst      

Monetary Theory and Financial Markets
This seminar is concerned with financial markets and their relationship to the broader macroeconomy, with a particular focus on recent developments, including, but not limited to, financialization. (ECON 0250) 3 hrs. sem. (L. Davis)

Fall 2015, Spring 2016, Spring 2017, Fall 2017

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ECON 0500 - Individual Special Project      

Individual Special Project
If you choose to pursue an area that we do not offer or go in depth in an area already covered, we recommend the Individual Special Project option. These ECON 0500 proposals MUST be passed by the entire department and are to be submitted to the chair by the first Friday of fall and spring semester, respectively. The proposals should contain a specific description of the course contents, its goals, and the mechanisms by which goals are to be realized. It should also include a bibliography. According to the College Handbook, ECON 0500 projects are a privilege open to those students with advanced preparation and superior records in their fields. A student needs to have a 3.5 or higher G.P.A. in Economics courses taken at Middlebury in order to pursue an Individual Special Project. ECON 0500 does not count towards the major or minor requirements.

Fall 2015, Winter 2016, Spring 2016, Fall 2016, Winter 2017, Spring 2017, Fall 2017, Winter 2018, Spring 2018, Fall 2018

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IPEC 0500 - Independent Project      

Independent Project
(Approval Required)

Winter 2018

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IPEC 0700 - Intl.Pol.&Economics SR. Thesis      

Senior Thesis
(Approval Required)

Winter 2018, Spring 2018

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Department of Economics

Warner Hall
303 College Street
Middlebury College
Middlebury, VT 05753