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Jessica Holmes

Professor of Economics

 work(802) 443-3439
 By appointment
 Farrell House 205

Jessica Holmes (Professor of Economics) has been a faculty member at Middlebury College since the fall of 2001. She teaches courses in microeconomics, health economics, the economics of social issues and the economics of sin. For six years, Jessica also directed MiddCORE, an award-winning leadership and innovation program where students build skills in areas such as leadership, collaboration, human-centered design thinking, ideation and persuasive communication.

Jessica’s research has been published in Journal of Human Resources, Journal of Public Economics, The Economic Journal, Journal of Economic Education, Economics of Education Review, African Development Review, Journal of Sports Economics, Social Science Quarterly, Health Policy and Planning, Population Research and Policy Review, Economics of Education Review, Clinical Pediatrics, and Southern Economic Journal. Prior to joining the Middlebury faculty, she worked as a litigation consultant for National Economic Research Associates, conducting economic analyses for companies facing lawsuits involving securities fraud, product liability, and intellectual property.

In 2014, Jessica was appointed by Governor Peter Shumlin to serve on Vermont’s health care regulatory body, the Green Mountain Care Board and in 2015, Jessica was selected by the Foreign Minister of Mexico to serve as Honorary Consul to Mexico. She earned a PhD in Economics at Yale University in 1998 and an A.B. in Economics from Colgate University (Phi Beta Kappa, summa cum laude) in 1993. When not working, you can most likely find Jessica busy with her husband and three children or training at the swimming pool with her Master’s team, the Middlebury Muffintops.



Course List: 

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

ECON 0155 - Intro Microeconomics      

Introductory Microeconomics
An introduction to the analysis of such microeconomic problems as price formation (the forces behind demand and supply), market structures from competitive to oligopolistic, distribution of income, and public policy options bearing on these problems. 3 hrs. lect. SOC

Spring 2018, Spring 2019, Fall 2019, Spring 2021

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ECON 0200 - Health Economics & Policy      

Health Economics and Policy
In this course we will focus on the health care system of the United States. We will apply standard microeconomic tools to the problems of health and health care markets. The course provides the fundamental tools with which to understand how the health care market is different from the markets for other goods. For example, students will learn about the dominant presence of uncertainty at all levels of health care, the government's unusually large presence in the market, the pronounced difference in knowledge between doctors and patients, and the prevalence of situations where the actions of some impose costs or benefits on others (e.g., vaccinations, drug research). (ECON 0155) 3 hrs. lect. AMR CW NOR SOC

Fall 2018, Spring 2020, Spring 2021

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ECON 0410 - Economics of Sin      

The Economics of “Sin”: Sex, Crime, and Drugs
In this course we will apply traditional microeconomic principles to non-traditional topics such as adultery, prostitution, teen pregnancy, crime and punishment, drugs and drug legalization, and gambling. We will ask the following questions throughout the course: To what extent is "sinful" behavior rational and utility-maximizing? What role does the government play in regulating "sinful" behavior and what are the consequences of these government interventions? The primary focus will be on the United States but brief comparisons will be made to "sinful" behavior and policy interventions in other countries. (ECON 0211 and ECON 0255) 3 hrs. sem.

Spring 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.

Winter 2017, Spring 2017, Winter 2018, Spring 2018, Fall 2018, Winter 2019, Spring 2019, Fall 2019, Winter 2020, Spring 2020, Fall 2020, Winter 2021, Spring 2021

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INTD 1074 - MiddCORE 2021      

MiddCORE’s mentor-driven leadership and innovation immersion program builds skills and confidence through collaborative, experiential, and impact-focused learning. Through daily, weekly, and month-long challenges, students gain experience in leadership, strategic thinking, idea creation, collaboration, persuasive communication, ethical decision-making, cross-cultural understanding, conflict resolution, empathy, and crisis management. Acceptance into MiddCORE is by approval only. To learn more about this January's MiddCORE curriculum and to apply to the program, please visit go/MiddCOREwinter. (Pass/Fail; Approval Required) WTR

Winter 2017

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INTD 1203 - Health Policy in Action      

Health Policy in Action
This course is an academic internship course that combines a four day/week internship at a Vermont health care organization with one day/week in the classroom. Students will be assigned a specific research project (designed in advance by the faculty member and the internship sponsor) that must be completed by the end of the term. Class time will be spend debriefing the internship experience, building skills relevant to health policy analysis and working on the research project. Grading will based on participation, evaluation by internship sponsor, evidence of personal growth, and performance on final research project. Enrollment in the course is by approval only; please contact the professor for more information. SOC WTR

Winter 2019, Winter 2020

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Department of Economics

Warner Hall
303 College Street
Middlebury College
Middlebury, VT 05753